Exhibit (h)(24)
NORTHERN FUNDS
FORM OF ADDENDUM NO. 23 TO THE TRANSFER AGENCY AGREEMENT
This Addendum, dated as of the ___ day of _________, 2007, is entered into
between NORTHERN FUNDS (the "Trust"), a Delaware statutory trust, and THE
NORTHERN TRUST COMPANY, an Illinois state bank (the "Transfer Agent").
WHEREAS, the Trust and the Transfer Agent have entered into a Transfer
Agency Agreement dated as of April 1, 1994 as amended by Addendum No. 1 dated
November 29, 1994, by Addendum No. 2 dated March 29, 1996, by Addendum No. 3
dated August 7, 1996, by Addendum No. 4 dated March 24, 1997, by Addendum No. 5
dated February 12, 1997, by Addendum No. 6 dated November 18, 1997, Addendum No.
7 dated December 21, 1998, by Addendum No. 8 dated September 15, 1999, Addendum
No. 9 dated December 28, 1999, Xxxxxxxx Xx. 00 dated February 8, 2000, Xxxxxxxx
Xx. 00 dated July 31, 2000, Xxxxxxxx Xx. 00 dated August 1, 2000, Xxxxxxxx Xx.
00 dated August 1, 2000, Xxxxxxxx Xx. 00 dated May 17, 2001, Xxxxxxxx Xx. 00
dated October 30, 2001, Xxxxxxxx Xx. 00 dated February 14, 2005, Xxxxxxxx Xx. 00
dated December 5, 2005, Xxxxxxxx Xx. 00 dated February 17, 2006, Xxxxxxxx Xx. 00
dated February 17, 2006, by Xxxxxxxx Xx. 00 dated May 5, 2006, by Xxxxxxxx Xx.
00 dated May 5, 2006 and by Xxxxxxxx Xx. 00 dated February 16, 2007 (the
"Transfer Agency Agreement") pursuant to which the Trust has appointed the
Transfer Agent to act as transfer agent to the Trust for the Money Market Fund,
U.S. Government Money Market Fund, Municipal Money Market Fund, U.S. Government
Select Money Market Fund, California Municipal Money Market Fund, U.S.
Government Fund, Fixed Income Fund, Intermediate Tax-Exempt Fund, Tax-Exempt
Fund, Income Equity Fund, Growth Equity Fund, Select Equity Fund, Small Cap
Value Fund (formerly known as the Small Cap Fund), Technology Fund, Stock Index
Fund, Short-Intermediate U.S. Government Fund, California Intermediate
Tax-Exempt Fund, Arizona Tax-Exempt Fund, California Tax-Exempt Fund, Small Cap
Index Fund, Mid Cap Growth Fund, High Yield Municipal Fund, High Yield Fixed
Income Fund, Global Fixed Income Fund, Small Cap Growth Fund, Large Cap Value
Fund, International Growth Equity Fund, International Equity Index Fund, Mid Cap
Index Fund, Enhanced Large Cap Fund, Emerging Markets Equity Fund, Multi-Manager
Mid Cap Fund, Multi-Manager Small Cap Fund, Multi-Manager International Equity
Index Fund, Global Real Estate Index Fund and Bond Index Fund; and
WHEREAS, the Trust is establishing the Multi-Manager Large Cap Fund (the
"Fund"), and the Trust desires to retain the Transfer Agent under the terms of
the Transfer Agency Agreement to render transfer agency and other services with
respect to the Fund and the record and/or beneficial owners of the Fund, and the
Transfer Agent is willing to render such services.
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby
agree as follows:
1. Appointment. The Trust hereby appoints the Transfer Agent as transfer
agent
with respect to the Fund in accordance with the terms set forth in the
Transfer Agency Agreement, as amended to date. The Transfer Agent
hereby accepts such appointment and agrees to render the services and
perform the duties set forth in the Transfer Agency Agreement for the
compensation therein provided.
2. Capitalized Terms. From and after the date hereof, the term "Current
Funds" as used in the Transfer Agency Agreement shall be deemed to
include the Fund. Capitalized terms used herein and not otherwise
defined shall have the meanings ascribed to them in the Transfer
Agency Agreement.
3. Miscellaneous. The initial term of the Transfer Agency Agreement with
respect to the Fund shall continue, unless sooner terminated in
accordance with the Transfer Agency Agreement, until August 31, 2008.
Except to the extent supplemented hereby, the Transfer Agency
Agreement, as amended to date, shall remain unchanged and in full
force and effect, and is hereby ratified and confirmed in all respects
as supplemented hereby.
IN WITNESS WHEREOF, the undersigned have executed this Addendum as of the
date and year first above written.
All signatures need not appear on the same copy of this Addendum.
NORTHERN FUNDS
Attest: By:
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Title:
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THE NORTHERN TRUST COMPANY
Attest: By:
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Title:
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