LETTER AGREEMENT

LETTER AGREEMENT

State Street Bank and Trust Company

X.X. Xxx 0000

Xxxxxx, XX 00000

Re: Master Custodian Agreement

Pursuant to Section 18 of the Master Custodian Agreement between Xxxxxxx Investment Company (“RIC”) and State Street Bank and Trust Company, dated August 25, 2009, RIC advises you that it is creating a new funds to be named the 2020 Retirement Distribution Fund – Shares and the 2020 Retirement Distribution Fund – S Shares (the “New Funds”). RIC desires for State Street Bank and Trust Company to serve as Custodian with respect to the New Funds pursuant to the terms and conditions of the Master Custodian Agreement. The fees to be charged by the Custodian to the New Funds in return for its services are set forth in the current fee schedule to the Master Custodian Agreement.

Please indicate your acceptance to act as Custodian to the New Funds by executing this letter agreement and returning it to the undersigned.

Sincerely,

XXXXXXX INVESTMENT COMPANY

By:

Xxxx X. Xxxxxxx

Treasurer

Accepted this          day of                     .

STATE STREET BANK AND TRUST COMPANY

By:

Its: