0000950148-04-000240 Sample Contracts

THE PAYDEN & RYGEL INVESTMENT GROUP 333 South Grand Avenue, 32nd Floor Los Angeles, California 90071 February __, 2004 Payden & Rygel 333 South Grand Avenue, 32nd Floor Los Angeles, CA 90071 Ladies and Gentlemen: As you know, we wish to retain Payden...
Investment Management Agreement • February 11th, 2004 • Paydenfunds

As you know, we wish to retain Payden & Rygel to act as investment adviser to our newly created Payden Real Return Fund series. Accordingly, this will confirm our agreement to amend Exhibit A to the Investment Management Agreement between us, dated as of June 24, 1992, as heretofore amended, by adding the following paragraphs:

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ARTICLE I DEFINITIONS
Transfer Agency Agreement • February 11th, 2004 • Paydenfunds • Wisconsin
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