Exhibit (h)(1)(c)
AMENDMENT TO ADMINISTRATIVE AGREEMENT
Dated July 24, 2002
The Administrative Agreement (the "Agreement"), dated March 16, 1994,
amended January 19, 1996, by and between First Pacific Mutual Fund, Inc., a
Maryland corporation (the "Corporation"), for the Hawaii Municipal Fund series
and the Hawaii Intermediate Fund series and First Pacific Corporation, a Hawaii
corporation, is amended as follows:
FIRST: Pursuant to Section 15 of the Agreement, the Agreement is
hereby
amended to apply to the following series: Hawaii Municipal Fund Investor
Class, Hawaii Intermediate Fund Investor Class and Hawaii Municipal Fund
Institutional Class. All references to any series of the Corporation will be
called the "Fund" unless expressly noted otherwise.
SECOND: The foregoing amendments to the Agreement have been duly
approved by at least a majority of the entire Board of Directors of the
Company. The amendments are limited to changes expressly permitted to be made
without action of the shareholders.
THIRD: The Agreement Amendment will become effective on July 24,
2002.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed by their officers designated below as of the day and year first
written above.
FIRST PACIFIC MUTUAL FUND, INC.
By: __/s/ Xxxxxxxx X.X. Xxx
Xxxxxxxx X.X. Xxx, President
Attest: /s/ Xxxx X. Xxxx
Xxxx X. Xxxx, Secretary
FIRST PACIFIC CORPORATION
By: __/s/ Xxxxxxxx X.X. Xxx
Xxxxxxxx X.X. Xxx, President
Attest: /s/ Xxxx X. Xxxx
Xxxx X. Xxxx, Secretary
