LETTER AGREEMENT

Exhibit (h) 1.5

LETTER AGREEMENT

Xxxxxxx Investment Company

000 X Xxxxxx

Tacoma, WA 98402

Re: Transfer Agency and Service Agreement

Dear Sirs:

Pursuant to Section 13.1 of the Transfer Agency and Service Agreement between Xxxxxxx Investment Company (“RIC”) and Xxxxxxx Investment Management Company (“RIMCo”) dated July 1, 2005, RIC hereby advises you that it is creating Class A Shares for the existing Diversified Equity Fund, Quantitative Equity Fund, Special Growth Fund, Real Estate Securities Fund, International Securities Fund, Emerging Markets Fund, Short Duration Bond Fund and Multistrategy Bond Fund (the “New Class”). RIC desires Xxxxxxx Investment Management Company to serve as Transfer Agent with respect to the New Class pursuant to the terms and conditions of the Transfer Agency and Service Agreement. The fees to be charged by the Transfer Agent in return for its services shall be as set forth on Schedule 2.1 of the Transfer Agency and Service Agreement.

Please indicate your acceptance to act as Transfer Agent with respect to the New Class by executing this letter agreement and returning to the undersigned.

Sincerely,

XXXXXXX INVESTMENT

MANAGEMENT COMPANY

By:

Xxxx X. Xxxxx

President

Accepted this      day of             , 2007

XXXXXXX INVESTMENT COMPANY

By:

Xxxx X. Xxxxxxx

Treasurer and Chief Accounting Officer