EXHIBIT 99.9(h)
THE BENCHMARK FUNDS
ADDENDUM NO. 3 TO THE ADMINISTRATION AGREEMENT
This Addendum, dated as of the 25th day of March, 1994, is entered into
between THE BENCHMARK FUNDS (the "Trust"), a Massachusetts business trust, and
XXXXXXX, XXXXX & CO., a New York Partnership (the "Administrator").
WHEREAS, the Trust and the Administrator have entered into an
Administration Agreement dated as of June 8, 1992, as amended by Addendum No. 1
dated January 8, 1993 and Addendum No. 2 dated July 1, 1993, (the
"Administration Agreement"), pursuant to which the Trust appointed the
Administrator to act as administrator to the Trust for the Diversified Assets
Portfolio, Government Portfolio, Government Select Portfolio, Tax-Exempt
Portfolio, U.S. Treasury Index Portfolio, Short-Intermediate Bond Portfolio,
Bond Portfolio, Equity Index Portfolio, Small Company Index Portfolio,
Diversified Growth Portfolio, California Municipal Portfolio, U.S. Government
Securities Portfolio, Short Duration Portfolio, Focused Growth Portfolio and
Balanced Portfolio;
WHEREAS, the Trust is establishing the International Growth Portfolio
and International Bond Portfolio (the "Portfolios"), and it desires to retain
the Administrator to act as administrator of the Trust for the Portfolios and
the Administrator is willing to so act;
NOW THEREFORE, the parties hereto, intending to be legally bound,
hereby agree as follows:
1. Appointment The Trust hereby appoints the Administrator as
administrator of the Trust for the Portfolios on the terms and
for the periods set forth in the Administration Agreement. The
Administrator hereby accepts such appointment and agrees to
render the services and perform the duties set forth in the
Administration Agreement for the compensation therein
provided.
2. Capitalized Terms. From and after the date hereof, the term
"Portfolios" as used in the Administration Agreement shall be
deemed to include the International Growth Portfolio and
International Bond Portfolio. Capitalized terms used herein
and not otherwise defined shall have the meanings ascribed to
them in the Advisory Agreement.
3. Miscellaneous. Except to the extent supplemented hereby, the
Advisory Agreement shall remain unchanged and in full force
and effect, and is hereby ratified and confirmed in all
respects as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of
the date and year first above written.
THE BENCHMARK FUNDS
Attest:/s/ Xxxxx Xxxxx By: /s/ Xxxxx Xxxxxx
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Xxxxx Xxxxx Xxxxx X. Xxxxxx
Vice President of the Trust
XXXXXXX, SACHS & CO.
Attest:/s/ Xxxxx Xxxxxxxx By: /s/ Xxxxxxx Xxxxxxxxx
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Xxxxx Xxxxxxxx Xxxxxxx Xxxxxxxxx
Partner
