0001047469-03-022700 Sample Contracts

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UBS GLOBAL ASSET MANAGEMENT (US) INC. 51 West 52nd Street New York, NY 10019-6114 www.ubs.com November 13, 2002 BY OVERNIGHT COURIER PFPC Inc. 400 Bellevue Parkway Wilmington, DE 19809 Re: TRANSFER AGENCY AND RELATED SERVICES AGREEMENT AND TRANSFER...
Ubs Master Series Inc • June 30th, 2003

The Boards of Directors or Trustees of the funds (each a "Fund") listed on the attached Schedule A, have authorized an increase to fees payable for transfer agency and related services. In accordance with the provisions of each Fund's Transfer Agency and Related Services Agreement (collectively, the "TA Agreements") with PFPC Inc. ("PFPC"), each of which provides that, in consideration of PFPC's services as transfer agent, registrar, dividend disbursing agent and related services agent, each Fund will pay PFPC such fees as are agreed to in writing from time to time, each Fund hereby agrees to pay PFPC fees in the amount indicated next to the name of the Fund on Schedule A. The fees, shown on Schedule A on an annualized, per account basis, shall be calculated and paid monthly, on the basis of all accounts open during the month for which fees are calculated. The minimum monthly fee is $750 per Fund (not per class) exclusive of out-of-pocket expenses.

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