Exhibit (g)(1)(a)
AMENDMENT TO CUSTODY CONTRACT
Amendment dated March 31, 1999, by and between State Street Bank and
Trust Company (the "Bank") and the Xxxxxx Funds listed on Attachment I hereto
(each a "Fund") to the custody contract (the "Custody Contract") between the
Bank and each Fund.
WHEREAS the Bank serves as the custodian of the Fund's assets pursuant
to the Custody Contract;
WHEREAS the Fund may appoint one or more banks identified on Schedule A
to this Amendment, as amended from time to time, to serve as additional
custodians for the Fund (each, a "Repo Custodian") for the limited purpose of
the Fund's engaging in tri-party repurchase agreement transactions ("Tri-Party
Repos");
WHEREAS the Fund may direct the Bank to make "free delivery" to one or
more Repo Custodians of cash or other assets maintained in custody by the Bank
for the Fund pursuant to the Custody Contract for purposes of engaging in
Tri-Party Repos; and
WHEREAS the Bank and the Fund desire to amend the Custody Contract to
permit the Bank to make "free delivery" of cash and other assets of the Fund to
Repo Custodians from time to time;
NOW THEREFORE, the Bank and the Fund hereby agree to amend the Custody
Contract by adding the following provisions thereto:
1. Notwithstanding anything to the contrary in the Custody Contract,
upon receipt of Proper Instructions (as defined in the Custody Contract), the
Bank shall deliver cash and/or other assets of the Fund to any account
identified on Schedule A to the Custody Contract, as amended from time to time,
maintained for the Fund by a Repo Custodian, which delivery may be made without
contemporaneous receipt by the Bank of cash or other assets in exchange
therefor. Upon such delivery of cash or other assets in accordance with such
Proper Instructions, the Bank shall have no further responsibility or
obligation to the Fund as a custodian of the Fund with respect to the cash or
assets so delivered.
2. The Fund may amend Schedule A from time to time to add or delete a
Repo Custodian or change the identification of the account maintained by a Repo
Custodian for the Fund by delivering Special Instructions (as defined herein) to
the Bank. The term Special Instructions shall mean written instructions executed
by at least two officers of the Fund holding the office of Vice President or
higher. In all other respects, the Custody Contract shall remain in full force
and effect and the Bank and the Fund shall perform their respective obligations
in accordnance with the terms thereof.
EXECUTED to be effective as of the date set forth above.
XXXXXX FUNDS listed on Attachment I
By: /s/Xxxx X. Xxxxxx
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STATE STREET BANK AND TRUST COMPANY
By: /s/Xxxxxx X. Xxxxx
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SCHEDULE A*
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Repo Custodian Banks Accounts
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Chase Manhattan Bank CHASE NYC/D644755022
Bank of New York Account #111569
Authorized Signatures:
By: /s/Xxxxxx Xxxxxx By: Xxxxxxx X. Xxxxx
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Title: Managing Director Title: Managing Director
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Date: 3-30-99 Date: 3-30-99
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* This schedule was created solely to meet the requirements under the
amendment to the custody contract relating to tri-party repurchase
agreements.
Attachment I
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Cash Account Trust Amendment Effective 4/19/99
Cash Equivalent Fund Amendment Effective 4/19/99
Investors Cash Trust Amendment Effective 4/19/99
Investors Municipal Cash Fund Amendment Effective 5/3/99
Xxxxxx Aggressive Growth Fund
Xxxxxx Blue Chip Fund
Xxxxxx Equity Trust
Xxxxxx Funds Trust
Xxxxxx Growth Fund
Xxxxxx High Income Trust Amendment Effective 4/5/99
Xxxxxx High Yield Series Amendment Effective 4/5/99
Xxxxxx Horizon Fund
Xxxxxx Income and Capital Preservation Fund
Xxxxxx Income Trust
Xxxxxx Intermediate Government Trust Amendment Effective 4/5/99
Xxxxxx Multi-Market Income Trust
Xxxxxx Municipal Income Trust
Xxxxxx National Tax-Free Income Series
Xxxxxx Portfolios Amendment Effective 4/5/99
Xxxxxx Securities Trust
Xxxxxx Short-Term U. S. Government Fund Amendment Effective 4/5/99
Xxxxxx Small Capitalization Equity Fund Amendment Effective 4/19/99
Attachment I
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Xxxxxx State Tax-Free Income Series
Xxxxxx Strategic Income Fund
Xxxxxx Strategic Income Trust
Xxxxxx Strategic Municipal Income Trust
Xxxxxx Target Equity Fund
Xxxxxx Technology Fund
Xxxxxx Total Return Fund
Xxxxxx U.S. Government Securities Fund
Xxxxxx Value Plus Growth Fund
Xxxxxx Value Series, Inc.
Xxxxxx Variable Series
Tax-Exempt California Money Market Fund Amendment Effective 5/3/99
Zurich Money Funds
Zurich YieldWise Funds
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