1
Appendix A
The following Funds constitute the separate series of the Trust:
Liquid Asset Fund
2
SCHEDULE A
(AS AMENDED JUNE ___, 19980
The Administration Agreement shall be applicable to the following series of the
Trust:
Liquid Asset Fund
Institutional Cash Fund
Agreed to and accepted:
CADRE INSTITUTIONAL INVESTOR TRUST
By:__________________________
Name:________________________
Title:_______________________
Date:________________________
CADRE FINANCIAL SERVICES, INC.
By:__________________________
Name:________________________
Title:_______________________
Date:________________________
3
SCHEDULE B
(AS AMENDED JUNE ___, 1998)
FEE SCHEDULE FOR FUND ADMINISTRATION SERVICES
Administration Charges*
Liquid Asset Fund
-----------------
First $250 million of Fund's average daily net assets 19 basis points per annum
Next $750 million of Fund's average daily net assets 16.5 basis points per annum
Over $1 billion of Fund's average daily net assets 14 basis points per annum
Institutional Cash Fund
-----------------------
First $250 million of Fund's average daily net assets 10 basis points per annum
Next %750 million of Fund's average daily net assets 7.5 basis points per annum
Over $1 billion of Fund's average daily net assets 5 basis points per annum
*Based on average daily net assets of the applicable Fund.
Agreed to and accepted:
CADRE INSTITUTIONAL INVESTORS TRUST
By:_______________________________
Name:_____________________________
Title:____________________________
Date:_____________________________
CADRE FINANCIAL SERVICES, iNC.
By:_______________________________
Name:_____________________________
Title:____________________________
Date:_____________________________
