Exhibit (g)(15)
NORTHERN FUNDS
FORM OF
ADDENDUM NO. 2 TO THE FOREIGN CUSTODY AGREEMENT
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This Addendum No. 2, dated as of the ____ day of _________________________,
2000, is entered into between NORTHERN FUNDS (the "Trust"), a Massachusetts
business trust, and THE NORTHERN TRUST COMPANY, an Illinois state bank
("Northern").
WHEREAS, the Trust and Northern have entered into a Foreign Custody
Agreement dated April 1, 1994, as amended by Addendum No. 1 dated as of April 1,
1998 (the "Agreement"), pursuant to which the Trust has appointed Northern to
act as custodian to the Trust for its International Growth Equity, International
Select Equity and International Fixed Income Funds (collectively, the "Funds");
and
WHEREAS, the Trust is establishing the Global Communications Fund (the "New
Fund"), and it desires to retain Northern to act as custodian therefor under the
Foreign Custody Agreement, and Northern is willing to so act; and
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. Appointment. The Trust hereby appoints Northern custodian to the
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Trust for the New Fund for the period and on the terms set forth in
the Foreign Custody Agreement. Northern hereby accepts such
appointment and agrees to render the services set forth in the Foreign
Custody Agreement for the compensation therein provided.
3. Capitalized Terms. From and after the date hereof, the term "Funds"
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as used in the Foreign Custody Agreement shall be deemed to include
the International Growth Equity Fund, International Select Equity
Fund, International Fixed Income Fund and the Global Communications
Fund. Capitalized terms used herein and not otherwise defined shall
have the meanings ascribed to them in the foreign Custody Agreement.
3. Miscellaneous. Except to the extent supplemented hereby, the
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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.
NORTHERN FUNDS
Attest: _____________ By: _________________________
Name: _______________ Name: _______________________
Title: ______________________
THE NORTHERN TRUST COMPANY
Attest: _____________ By: _________________________
Name: _______________ Name: _______________________
Title: ______________________
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