0000950116-95-000585 Sample Contracts

PURCHASE AGREEMENT
Purchase Agreement • December 29th, 1995 • Glenmede Portfolios
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WITNESSETH:
Custody Agreement • December 29th, 1995 • Glenmede Portfolios • New York
Exhibit (5)(b) SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 29th, 1995 • Glenmede Portfolios

This letter is to confirm that the undersigned, The Glenmede Portfolios, a Massachusetts business trust (the "Company"), and The Glenmede Trust Company, a Pennsylvania trust company (the "Advisor") have agreed that the Advisory Agreement between the Company and the Advisor dated June 5, 1992 (the "Agreement"), is herewith amended to provide that the Advisor shall be the advisor for the New Jersey Muni and Maryland Muni Portfolios on the terms and conditions contained in the Agreement.

BY-LAWS OF
By-Laws • December 29th, 1995 • Glenmede Portfolios
AMENDMENT NO. 1
Investment Advisory Agreement • December 29th, 1995 • Glenmede Portfolios

The Investment Advisory Agreement dated June 5, 1992 between THE GLENMEDE PORTFOLIOS, a Massachusetts business corporation (the "Company"), and The Glenmede Trust Company, a Pennsylvania corporation (the "Advisor") is hereby amended as follows:

MARCH 3, 1992
Master Trust Agreement • December 29th, 1995 • Glenmede Portfolios • Massachusetts
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