Exhibit h(6)
AMENDMENT TO
ADMINISTRATION AGREEMENT
This Amendment dated as of September 24, 1999, is entered into by
PANORAMA TRUST (the Company) and FIRST DATA INVESTOR SERVICES GROUP,
INC. (formerly known as The Shareholder Services Group, Inc.) (Investor
Services Group).
WHEREAS, the Company and Investor Services Group have entered into
an Administration Agreement dated as of October 3, 1995 (as amended or
supplemented, the Agreement); and
WHEREAS, the Company and Investor Services Group wish to amend the
Agreement to revise the description of services to be provided by Investor
Services Group to the Company and related matters;
NOW, THEREFORE, the parties hereto, intending to be legally bound
hereby, hereby agree as follows:
I. The following is hereby added to Section 3 of the Agreement:
(o) Performing the following sales support services:
Sales literature review and recommendations for compliance with NASD and
SEC rules and regulations
Preparation of training materials for use by personnel of the Company or
the Adviser
Preparation of ongoing compliance updates
Provision of advice and counsel to the Company with respect to regulatory
matters, including monitoring regulatory and legislative developments that
may affect the Company
Assistance in the preparation of quarterly board materials with regard to
sales and other distribution related data reasonably requested by the
board
II. This Amendment shall become effective immediately upon the consummation of
the acquisition of
Investor Services Group by a subsidiary of PNC Bank Corp., which the parties
anticipate to occur on or about
December 1, 1999.
III. Except to the extent amended hereby, the Agreement shall
remain unchanged and in full force and effect and is hereby ratified and
confirmed in all respects as amended hereby.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as
of the date and year first written above.
PANORAMA TRUST
By:/s/Xxxx Xxxxxxx
FIRST DATA INVESTOR SERVICES
GROUP, INC.
By:/s/Xxxxx X. Xxx
President
