EXHIBIT (g)(5)
FORM OF
AMENDED AND RESTATED
SCHEDULE A
WITH RESPECT TO THE
CUSTODIAN SERVICE AND MONITORING AGREEMENT
DATED JULY 3, 2001
FEES AND EXPENSES
Series* Annual Fee
Pilgrim Principal Protection Fund $12,000
Pilgrim Principal Protection Fund II** $12,000
Pursuant to the Custodian Service and Monitoring Agreement dated July 3, 2001 by
and among Pilgrim Equity Trust, MBIA Insurance Corporation and State Street Bank
and Trust Company (the "Agreement") the undersigned hereby amend this Schedule A
to the Agreement to add Pilgrim Principal Protection Fund II, a newly
established series of Pilgrim Equity Trust.
IN WITNESS WHEREOF, the undersigned have caused this amendment to be executed as
of November 2, 2001.
PILGRIM EQUITY MBIA INSURANCE STATE STREET BANK
TRUST CORPORATION AND TRUST COMPANY
--------------------- ------------------------ ----------------------
Name: Name: Name:
Title: Title: Title:
---------------------------
* Any new series of the Fund added to this Agreement will be subject to
prior review by State Street, and the rate charged with respect to such
new series may be equal to or higher than the annual rate of $12,000,
depending upon transaction volumes.
** This Amended and Restated Schedule A will be effective with respect to
this Fund upon the effective date of the initial Registration Statement
with respect to the Fund.
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