Common use of Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer Clause in Contracts

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] [_]Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]Transmission from Client PC to State Street Mainframe with Telephone Callback [_]Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]Transmission from DST Systems to State Street Mainframe with Encryption [_]Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ________________________ for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II --------------------------------------------------------- Investment Adviser____________________________________________ Authorized Initiators Please Type or Print Please provide a listing of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] [_]Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]Transmission from Client PC to State Street Mainframe with Telephone Callback [_]Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]Transmission from DST Systems to State Street Mainframe with Encryption [_]Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ________________________ for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Client operations contact Alternate Contact Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II --------------------------------------------------------- Hyperion Collateralized Securities Fund, Inc. --------------------------------------------------------------------------- Investment Adviser____________________________________________ Adviser Hyperion Captial Management, Inc. ----------------------------------------------------- Authorized Initiators Please Type or Print Please provide a listing of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________)

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] [_]Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]Transmission from Client PC to State Street Mainframe with Telephone Callback [_]Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]Transmission from DST Systems to State Street Mainframe with Encryption [_]Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ________________________ for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II III --------------------------------------------------------- Investment Adviser____________________________________________ Authorized Initiators Please Type or Print Please provide a listing of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] [_]Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]Transmission from Client PC to State Street Mainframe with Telephone Callback [_]Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]Transmission from DST Systems to State Street Mainframe with Encryption [_]Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ________________________ for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Client operations contact Alternate Contact Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II --------------------------------------------------------- Met Investors Series Trust Investment Adviser____________________________________________ Authorized Adviser J.P. Morgan Investment Managemenx Xxx. Xxxhorized Initiators Please Type or Print Please provide a listing of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________)

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]] Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]] Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]] Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREETLOGO] [_]] Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]] Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]] Transmission from Client PC to State Street Mainframe with Telephone Callback [_]] Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]] Transmission from DST Systems to State Street Mainframe with Encryption [_]] Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ____________________________ for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREETLOGO] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II --------------------------------------------------------- Investment Adviser______________________________________________________ Investment Adviser ________________________________________ Authorized Initiators Please Type or Print Please provide a listing of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) ___________________ ___ _____________________________ _______________________ ____ ___________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ __________________________ ___________________ _______________________________ __________________________ ___________________ _______________________________ __________________________ ___________________ _______________________________ __________________________ ___________________ _______________________________ __________________________ REMOTE ACCESS SERVICES ADDENDUM TO CUSTODIAN AGREEMENT ADDENDUM to that certain Custodian Agreement effective as of August 19, 2002 (the "Custodian Agreement") between the funds listed on Appendix A attached thereto and as may be revised from time to time (the "Customer") and State Street Bank and Trust Company, including its subsidiaries and affiliates ("State Street"). State Street has developed and utilizes proprietary accounting and other systems in conjunction with the custodian services which State Street provides to the Customer. In this regard, State Street maintains certain information in databases under its control and ownership which it makes available to its customers (the "Remote Access Services"). The Services State Street agrees to provide the Customer, and its designated investment advisors, consultants or other third parties authorized by State Street ("Authorized Designees") with access to In~Sight(SM) as described in Exhibit A or such other systems as may be offered from time to time (the "System") on a remote basis. Security Procedures The Customer agrees to comply, and to cause its Authorized Designees to comply, with remote access operating standards and procedures and with user identification or other password control requirements and other security procedures as may be issued from time to time by State Street for use of the System and access to the Remote Access Services. The Customer agrees to advise State Street immediately in the event that it learns or has reason to believe that any person to whom it has given access to the System or the Remote Access Services has violated or intends to violate the terms of this Addendum and the Customer will cooperate with State Street in seeking injunctive or other equitable relief. The Customer agrees to discontinue use of the System and Remote Access Services, if requested, for any security reasons cited by State Street.

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]<*>Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]<*>Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]<*>Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. IMPORTANT: SIGNATURE REQUIRED ON THE REVERSE SIDE FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] [_]SECURITY PROCEDURES <*>Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]<*>Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]<*>Transmission from Client PC to State Street Mainframe with Telephone Callback [_]<*>Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]<*>Transmission from DST Systems to State Street Mainframe with Encryption [_]<*>Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ________________________ for payment orders initiated by our organization. I am authorized to sign below on behalf of each of the mutual funds or other entities named in Schedule A attached. EACH OF THE PARTIES NAMED ON SCHEDULE A ATTACHED HERETO By: Type or Print Name Authorized Signature Title Date Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II --------------------------------------------------------- Investment Adviser____________________________________________ Authorized Initiators Please Type or Print Please provide a listing STREET BANK AND TRUST COMPANY Global Custody and Account Fee Schedule ================================================================================ -------------------------------------------------------------------------------- GLOBAL CUSTODY -------------------------------------------------------------------------------- Maintain custody of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more fund assets. Settle portfolio purchases and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________sales. Report buy and sell fails. Determine and collect portfolio income. Make cash disbursements and report cash transactions in local and base currency. Withhold foreign taxes. File foreign tax reclaims. Monitor corporate actions. Report portfolio positions.

Global Horizon Interchangesm Funds Transfer Service Global Horizon Interchange Funds Transfer. Service (FTS) is a State Street proprietary microcomputer-based wire initiation system. FTS enables Clients to electronically transmit authenticated Fedwire, CHIPS or internal book transfer instructions to State Street. This delivery mechanism is most appropriate for Clients with a low-to-medium number of transactions (5-75 per day), allowing Clients to enter, batch, and review wire transfer instructions on their PC prior to release to State Street. [_]Telephone Confirmation (Callback) Telephone confirmation will be used to verify all non-repetitive funds transfer instructions received via untested facsimile or phone. This procedure requires Clients to designate individuals as authorized initiators and authorized verifiers. State Street will verify that the instruction contains the signature of an authorized person and prior to execution, will contact someone other than the originator at the Client's location to authenticate the instruction. Selection of this alternative is appropriate for Clients who do not have the capability to use other security procedures. [_]Repetitive Wires For situations where funds are transferred periodically (minimum of one instruction per calendar quarter) from an existing authorized account to the same payee (destination bank and account number) and only the date and currency amount are variable, a repetitive wire may be implemented. Repetitive wires will be subject to a mutually agreed upon limit. If the payment order exceeds the established limit, the instruction will be confirmed by telephone prior to execution. Telephone confirmation is used to establish this process. Repetitive wire instructions must be reconfirmed annually. This alternative is recommended whenever funds are frequently transferred between the same two accounts. [_]Transfers Initiated by Facsimile The Client faxes wire transfer instructions directly to State Street Mutual Fund Services. Standard security procedure requires the use of a random number test key for all transfers. Every six months the Client receives test key logs from State Street. The test key contains alpha-numeric characters, which the Client puts on each document faxed to State Street. This procedure ensures all wire instructions received via fax are authorized by the Client. We provide this option for Clients who wish to batch wire instructions and transmit these as a group to State Street Mutual Fund Services once or several times a day. FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] [_]Automated Clearing House (ACH) State Street receives an automated transmission or a magnetic tape from a Client for the initiation of payment (credit) or collection (debit) transactions through the ACH network. The transactions contained on each transmission or tape must be authenticated by the Client. Clients using ACH must select one or more of the following delivery options: [_]Global Horizon Interchange Automated Clearing House Service Transactions are created on a microcomputer, assembled into batches and delivered to State Street via fully authenticated electronic transmissions in standard NACHA formats. [_]Transmission from Client PC to State Street Mainframe with Telephone Callback [_]Transmission from Client Mainframe to State Street Mainframe with Telephone Callback [_]Transmission from DST Systems to State Street Mainframe with Encryption [_]Magnetic Tape Delivered to State Street with Telephone Callback State Street is hereby instructed to accept funds transfer instructions only via the delivery methods and security procedures indicated. The selected delivery methods and security procedure(s) will be effective ________________________ for payment orders initiated by our organization. Key Contact Information Whom shall we contact to implement your selection(s)? CLIENT OPERATIONS CONTACT ALTERNATE CONTACT _______________________________________ _____________________________________ Client operations contact Alternate Contact Name Name _______________________________________ _____________________________________ Address Address _______________________________________ _____________________________________ City/State/Zip Code City/State/Zip Code _______________________________________ _____________________________________ Telephone Number Telephone Number _______________________________________ _____________________________________ Facsimile Number Facsimile Number _______________________________________ SWIFT Number _______________________________________ Telex Number FUNDS TRANSFER ADDENDUM [LOGO OF STATE STREET] INSTRUCTION(S) TELEPHONE CONFIRMATION Fund PIMCO New York Municipal Income Fund II --------------------------------------------------------- Investment Adviser____________________________________________ Authorized Initiators Please Type or Print Please provide a listing of Fund officers or other individuals who are currently authorized to initiate wire transfer instructions to State Street: NAME TITLE (Specify whether position SPECIMEN SIGNATURE is with Fund or Investment Adviser) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ Authorized Verifiers Please Type or Print Please provide a listing of Fund officers or other individuals who will be CALLED BACK to verify the initiation of repetitive wires of $10 million or more and all non-repetitive wire instructions: NAME CALLBACK PHONE NUMBER DOLLAR LIMITATION (IF ANY) _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________ _____________________ _____________________________ _______________________)