Exhibit 9(c)
SUPERVISED SERVICE COMPANY, INC.
BOSTON CHICAGO KANSAS CITY
April 4, 1995 VIA AIRBORNE EXPRESS
First American Investment Funds, Inc.
Attn: ▇▇▇▇▇ ▇. ▇▇▇
▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇
Dear ▇▇. ▇▇▇:
As we have advised you, Supervised Service Company, Inc. (SSC) has entered an
agreement to sell substantially all of its assets, including its mutual fund
transfer agency business to DST Systems, Inc. (DST). DST has agreed to assume
and perform all of SSC's obligations under the Transfer Agency Agreement between
First American Investment Funds, Inc. and SSC dated March 31, 1994, (the
"Agreement"). All of the terms and conditions of your agreement, including the
fee schedule, will remain in effect in accordance with the Agreement.
We believe this transaction will ensure continued excellent service to you and
your shareholders. Please indicate your consent to the assignment of your
agreement to DST by executing and returning the enclosed copy of this letter in
the return Airborne Express envelope provided.
We would appreciate your prompt response. If you have questions, please contact
either of us at the numbers listed below.
Supervised Service Company, Inc. DST Systems, Inc.
By /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ By /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
(▇▇▇) ▇▇▇-▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇
First American Investment Funds, Inc. hereby *This consent is subject
consents to the assignment of the Agreement to to ratification by the
DST Systems, Inc. as described above. Board of Trustees of the
Trust.
By /s/ ▇▇▇▇▇ ▇▇▇
