AMENDMENT NO. 12
TO THE
DECLARATION OF TRUST
OF
▇▇▇▇▇▇▇ ▇▇▇▇▇ TRUST
This AMENDMENT NO. 12 dated the 26th day October, 1999 to the AGREEMENT
AND DECLARATION OF TRUST (the "Declaration"), as amended, dated the 28th day of
January, 1997 is made by the Trustees name below;
WHEREAS, the Trustees have established a trust for the
investment and reinvestment of funds contributed thereto;
WHEREAS, the Trustees divided the beneficial interest in the
trust assets into transferable shares of beneficial interest and divided such
shares of beneficial interest into separate Series;
WHEREAS, the Trustees desire to create new Series and
designate new Classes of shares;
NOW, THEREFORE, in consideration of the foregoing premises and the
agreements contained herein, the undersigned, being all of the Trustees of the
Trust and acting in accordance with Article V, Section 1 of the Declaration,
hereby amend the Declaration as follows:
The Trust shall consist of one or more Series. Without limiting the
authority of the Trustees to establish and designate any further
Series, the Trustees hereby establish the following 52 Series: ▇▇▇▇▇▇▇
Sachs Adjustable Rate Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration
Government Fund, ▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇
Sachs Core Fixed Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund, ▇▇▇▇▇▇▇
Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Municipal Income Fund,
▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund, ▇▇▇▇▇▇▇
Sachs CORE Large Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S. Equity Fund,
▇▇▇▇▇▇▇ Sachs CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
International Equity Fund, ▇▇▇▇▇▇▇ Sachs Growth and Income Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asia Growth Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets
Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs
International Small Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Japanese Equity Fund,
▇▇▇▇▇▇▇ Sachs European Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value
Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
Opportunities Fund, ▇▇▇▇▇▇▇ Sachs Internet Tollkeeper Fund, ▇▇▇▇▇▇▇
Sachs Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy Portfolio,
▇▇▇▇▇▇▇ Sachs Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and Income Strategy
Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Conservative Strategy Portfolio, Institutional
Liquid Assets- Prime Obligations Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional Liquid Assets-Treasury
Obligations Portfolio, Institutional Liquid Assets-Money Market
Portfolio, Institutional Liquid Assets-Federal Portfolio, Institutional
Liquid Assets-Treasury Instruments Portfolio, Institutional Liquid
Assets-Tax-Exempt Diversified Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional Liquid
Assets-Tax-Exempt California Portfolio, ▇▇▇▇▇▇▇ Sachs-Financial Square
Prime Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Government Fund,
▇▇▇▇▇▇▇ Sachs-Financial Square Treasury Obligations Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Premium Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Municipal Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Tax-Free
Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Federal Fund, and
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Treasury Instruments Fund (the "Existing
Series"). Each additional Series shall be established and is effective
upon the adoption of a resolution of a majority of the Trustees or any
alternative date specified in such resolution. The Trustees may
designate the relative rights and preferences of the Shares of each
Series. The Trustees may divide the Shares of any Series into Classes.
Without limiting the authority of the Trustees to establish and
designate any further Classes, the Trustees hereby establish the
following classes of shares with respect to the series set forth below:
Class A Shares: ▇▇▇▇▇▇▇ Sachs Adjustable Rate Government Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund, ▇▇▇▇▇▇▇ Sachs Government
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Municipal Income Fund,
▇▇▇▇▇▇▇ Sachs High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short
Duration Government Fund, ▇▇▇▇▇▇▇ Sachs Short
Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core Fixed Income
Fund,▇▇▇▇▇▇▇ Sachs Balanced Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S.
Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE Small Cap Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE International Equity Fund, ▇▇▇▇▇▇▇
Sachs CORE Large Cap Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth and Income Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap Value Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund, ▇▇▇▇▇▇▇ Sachs
Small Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Equity
Fund, ▇▇▇▇▇▇▇ Sachs Emerging Markets Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Asia Growth Fund, ▇▇▇▇▇▇▇ Sachs Real Estate
Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International Small Cap
Fund, ▇▇▇▇▇▇▇ Sachs Japanese Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
European Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE Large Cap Value
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Strategic Growth Fund, ▇▇▇▇▇▇▇ Sachs
Growth Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Internet
Tollkeeper Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and
Income Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Conservative
Strategy Portfolio.
Class B Shares ▇▇▇▇▇▇▇ Sachs Global Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Government Income Fund, ▇▇▇▇▇▇▇ Sachs Municipal
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇
Sachs Short Duration Government Fund, ▇▇▇▇▇▇▇
Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Core Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs Balanced Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S. Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE
Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE International
Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE Large Cap Growth Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth and Income Fund, ▇▇▇▇▇▇▇ Sachs Mid Cap
Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital Growth Fund,
▇▇▇▇▇▇▇ Sachs Small Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
International Equity Fund, ▇▇▇▇▇▇▇ Sachs Emerging
Markets Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asia Growth Fund,
▇▇▇▇▇▇▇ Sachs International Small Cap Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Japanese Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE
Large Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Opportunities
Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Internet Tollkeeper Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value
Fund, Institutional Liquid Assets Prime Obligations
Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate Securities Fund,
▇▇▇▇▇▇▇ Sachs European Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Aggressive
Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Strategy
Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and Income Strategy
Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Conservative Strategy Portfolio.
Class C Shares ▇▇▇▇▇▇▇ Sachs Global Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government
Income Fund, ▇▇▇▇▇▇▇ Sachs Municipal Income Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund, ▇▇▇▇▇▇▇ Sachs Short
Duration Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Short
Duration Tax-Free Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund, ▇▇▇▇▇▇▇ Sachs
CORE U.S. Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Small Cap Equity
Fund, ▇▇▇▇▇▇▇ Sachs CORE International Equity Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Growth Fund, ▇▇▇▇▇▇▇ Sachs
Growth and Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund,
▇▇▇▇▇▇▇ Sachs Capital Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets Equity Fund,
▇▇▇▇▇▇▇ Sachs Asia Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ International
Small Cap Fund, ▇▇▇▇▇▇▇ Sachs Japanese Equity Fund,
Institutional Liquid Assets Prime Obligations Portfolio,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Real Estate Securities Fund, ▇▇▇▇▇▇▇ Sachs
European Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE Large Cap Value
Fund, ▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇
Sachs Growth Opportunities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Internet
Tollkeeper Fund, ▇▇▇▇▇▇▇ Sachs Large Cap Value Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced
Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs Growth and Income
Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Conservative Strategy
Portfolio.
Institutional Shares: ▇▇▇▇▇▇▇ Sachs Adjustable Rate Government Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Government Fund,
▇▇▇▇▇▇▇ Sachs Short Duration Tax-Free Fund, ▇▇▇▇▇▇▇
Sachs Government Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Municipal
Income Fund, ▇▇▇▇▇▇▇ Sachs Core Fixed Income Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Global Income Fund, ▇▇▇▇▇▇▇ Sachs
High Yield Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Balanced Fund, ▇▇▇▇▇▇▇
Sachs Small Cap Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Capital
Growth Fund, ▇▇▇▇▇▇▇ Sachs CORE Large Cap Growth Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S. Equity Fund, ▇▇▇▇▇▇▇ Sachs
CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
International Equity Fund, ▇▇▇▇▇▇▇ Sachs Growth and
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid Cap Value Fund,
▇▇▇▇▇▇▇ Sachs International Equity Fund, ▇▇▇▇▇▇▇
Sachs Emerging Markets Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Asia Growth Fund, ▇▇▇▇▇▇▇ Sachs International Small
Cap Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Japanese Equity Fund, ▇▇▇▇▇▇▇
Sachs Real Estate Securities Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
European Equity Fund, ▇▇▇▇▇▇▇ Sachs CORE Large Cap
Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Opportunities Fund,
▇▇▇▇▇▇▇ Sachs Strategic Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Internet Tollkeeper Fund, ▇▇▇▇▇▇▇ Sachs Large Cap
Value Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Prime
Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Treasury Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Premium Money Market Fund, ▇▇▇▇▇▇▇ Sachs-
Financial Square Municipal Money Market Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Tax-Free Money Market
Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Federal
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Treasury
Instruments Fund, Institutional Liquid Assets-Prime
Obligations Portfolio, Institutional Liquid Assets
-Government Portfolio, Institutional Liquid
Assets-Treasury Obligations Portfolio,
Institutional Liquid Assets-Money Market Portfolio,
Institutional Liquid Assets-Federal Portfolio,
Institutional Liquid Assets-Treasury Instruments
Portfolio, Institutional Liquid Assets-Tax-Exempt
Diversified Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio, Institutional
Liquid Assets-Tax-Exempt California Portfolio,
▇▇▇▇▇▇▇ Sachs Growth Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Aggressive Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth
and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Conservative Strategy Portfolio.
Service Shares: ▇▇▇▇▇▇▇ ▇▇▇▇▇ Adjustable Rate Government Fund,
▇▇▇▇▇▇▇ Sachs Short Duration Government Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Short Duration Tax-Free Fund,
▇▇▇▇▇▇▇ Sachs Government Income Fund, ▇▇▇▇▇▇▇
Sachs Municipal Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Core
Fixed Income Fund, ▇▇▇▇▇▇▇ Sachs Global
Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ High Yield Fund,
▇▇▇▇▇▇▇ Sachs Balanced Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Small Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Capital Growth
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE U.S. Equity Fund,
▇▇▇▇▇▇▇ Sachs CORE Large Cap Growth Fund, ▇▇▇▇▇▇▇
Sachs CORE Small Cap Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇
CORE International Equity Fund, ▇▇▇▇▇▇▇ Sachs
Growth and Income Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Mid
Cap Value Fund, ▇▇▇▇▇▇▇ Sachs International Equity
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Emerging Markets
Equity Fund, ▇▇▇▇▇▇▇ Sachs Asia Growth Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ International Small Cap Fund,
▇▇▇▇▇▇▇ Sachs Japanese Equity Fund, ▇▇▇▇▇▇▇
Sachs Real Estate Securities Fund, ▇▇▇▇▇▇▇
Sachs European Equity Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ CORE
Large Cap Value Fund, ▇▇▇▇▇▇▇ Sachs Strategic
Growth Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Growth Opportunities
Fund, ▇▇▇▇▇▇▇ Sachs Internet Tollkeeper Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇ Large Cap Value Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Prime Obligations Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Government Fund,
▇▇▇▇▇▇▇ Sachs-Financial Square Treasury
Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Premium Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Municipal Money Market
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Tax-Free
Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Federal Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Treasury Instruments Fund, Institutional
Liquid Assets-Prime Obligations Portfolio,
Institutional Liquid Assets-Government Portfolio,
Institutional Liquid Assets- Treasury Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid Assets-
Federal Portfolio, Institutional Liquid Assets-
Treasury Instruments Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt New York
Portfolio, Institutional Liquid Assets-Tax-Exempt
California Portfolio, ▇▇▇▇▇▇▇ Sachs Growth Strategy
Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Aggressive
Growth Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Balanced Strategy Portfolio, ▇▇▇▇▇▇▇ ▇▇▇▇▇
Growth and Income Strategy Portfolio, ▇▇▇▇▇▇▇ Sachs
Conservative Strategy Portfolio.
Administration Shares: ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Prime Obligations
Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Government
Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Treasury
Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Premium Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Municipal Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Tax-Free Money Market Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Federal Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Treasury Instruments Fund,
Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional Liquid
Assets-Treasury Obligations Portfolio,
Institutional Liquid Assets-Money Market Portfolio,
Institutional Liquid Assets-Federal Portfolio,
Institutional Liquid Assets-Treasury Instruments
Portfolio, Institutional Liquid Assets-Tax-Exempt
Diversified Portfolio, Institutional Liquid Assets-
Tax- Exempt New York Portfolio and Institutional
Liquid Assets-Tax-Exempt California Portfolio.
Preferred
Administration Shares: ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Prime
Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Government Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Treasury Obligations Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Money Market Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Premium Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Municipal Money Market Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Tax-Free Money Market
Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Federal Fund and
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Treasury Instruments
Fund.
Cash Management
Shares: Institutional Liquid Assets-Prime Obligations
Portfolio, Institutional Liquid Assets-Money
Market Portfolio, Institutional Liquid
Assets-Government Portfolio, Institutional
Liquid Assets-Tax-Exempt Diversified Portfolio,
Institutional Liquid Assets-Tax-Exempt
California Portfolio, Institutional Liquid
Assets-Tax-Exempt New York Portfolio.
Select Shares: ▇▇▇▇▇▇▇ Sachs-Financial Square Prime
Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square
Government Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square
Treasury Obligations Fund, ▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial
Square Money Market Fund, ▇▇▇▇▇▇▇ Sachs-Financial
Square Premium Money Market Fund, ▇▇▇▇▇▇▇
Sachs-Financial Square Municipal Money Market Fund,
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Tax-Free Money Market
Fund, ▇▇▇▇▇▇▇ Sachs-Financial Square Federal Fund and
▇▇▇▇▇▇▇ ▇▇▇▇▇-Financial Square Treasury Instruments
Fund.
All capitalized terms which are not defined herein shall have the same
meanings as are assigned to those terms in the Declaration.
IN WITNESS WHEREOF, the undersigned have executed this instrument as of
the date first written above.
-----------------------------------------
▇▇▇▇▇ ▇. ▇▇▇▇▇▇,
as Trustee and not individually
----------------------------------------
▇▇▇▇▇ ▇. ▇▇▇▇,
as Trustee and not individually
----------------------------------------
▇▇▇▇▇▇▇ Grip,
as Trustee and not individually
----------------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇,
as Trustee and not individually,
----------------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
as Trustee and not individually,
----------------------------------------
▇▇▇▇ ▇. ▇▇▇▇▇
as Trustee and not individually,
----------------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇.
as Trustee and not individually,
----------------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
as Trustee and not individually,
----------------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
as Trustee and not individually,
