SCHEDULE A TO FIRST AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT -------------------------------
Exhibit(d)(4)
FIRST AMENDMENT TO
INVESTMENT MANAGEMENT AGREEMENT
This Amendment is made as of the 19th day of March, 2003, to each
Investment Management Agreement listed on Schedule A (the "Agreement") between
the Trusts/Corporations listed thereon, on behalf of the Funds listed thereon,
and Deutsche Investment Management Americas Inc.
The parties agree to amend the Agreement by inserting the following
paragraph at the end of Section 4:
You are authorized to delegate to such agents as you may deem desirable
to assist you in performing your duties under this section 4, provided
that (i) the Trust/Corporation's Board of Directors/Trustees, including
a majority of the Directors/Trustees who are not interested persons of
the Trust/Corporation or any party to this Agreement, has given its
prior approval to any such delegation, (ii) you are responsible for
compensating any such agent, and (iii) you shall be fully responsible
and liable to the Trust/Corporation for the acts or omissions of any
such agents as you are for your own acts and omissions under the
Agreement.
IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed by their duly authorized officer as of the day and year first set forth
above.
EACH TRUST/CORPORATION LISTED ON SCHEDULE A
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇▇▇▇ ▇. ▇▇▇▇
President
DEUTSCHE INVESTMENT MANAGEMENT AMERICAS INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III
----------------------------------------------------
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, III
General Counsel, Chief Legal Officer &
Secretary
SCHEDULE A
TO
FIRST AMENDMENT TO
INVESTMENT MANAGEMENT AGREEMENT
-------------------------------
Date of Investment
Trust/Corporation Fund Management Agreement
----------------- ---- --------------------
▇▇▇▇▇▇▇ Aggressive Growth Fund April 5, 2002
▇▇▇▇▇▇▇ Blue Chip Fund April 5, 2002
▇▇▇▇▇▇▇ Dynamic Growth Fund April 5, 2002
▇▇▇▇▇▇▇ Equity Trust ▇▇▇▇▇▇▇-▇▇▇▇▇▇ Financial Services Fund April 5, 2002
▇▇▇▇▇▇▇ Growth Fund ▇▇▇▇▇▇▇ Growth Fund April 5, 2002
▇▇▇▇▇▇▇ New Europe Fund, Inc. ▇▇▇▇▇▇▇ New Europe Fund April 5, 2002
▇▇▇▇▇▇▇ Target Fund ▇▇▇▇▇▇▇ Target 2010 Fund April 5, 2002
▇▇▇▇▇▇▇ Target 2011 Fund April 5, 2002
▇▇▇▇▇▇▇ Target 2012 Fund April 5, 2002
▇▇▇▇▇▇▇ Target 2013 Fund April 5, 2002
▇▇▇▇▇▇▇ Retirement Fund - Series V April 5, 2002
▇▇▇▇▇▇▇ Retirement Fund - Series VI April 5, 2002
▇▇▇▇▇▇▇ Retirement Fund - Series VII April 5, 2002
▇▇▇▇▇▇▇ Worldwide 2004 Fund April 5, 2002
▇▇▇▇▇▇▇ Technology Fund April 5, 2002
▇▇▇▇▇▇▇ Total Return Fund April 5, 2002
Date of Investment
Trust/Corporation Fund Management Agreement
----------------- ---- --------------------
▇▇▇▇▇▇▇ Focus Value Plus Growth Fund April 5, 2002
▇▇▇▇▇▇▇ Value Series, Inc. ▇▇▇▇▇▇▇ Contrarian Fund April 5, 2002
▇▇▇▇▇▇▇-▇▇▇▇▇▇ High Return Equity Fund April 5, 2002
▇▇▇▇▇▇▇-▇▇▇▇▇▇ Small Cap Value Fund April 5, 2002
▇▇▇▇▇▇▇ High Income Series ▇▇▇▇▇▇▇ High Income Fund April 5, 2002
▇▇▇▇▇▇▇ State Tax-Free Income Series ▇▇▇▇▇▇▇ California Tax-Free Income Fund April 5, 2002
▇▇▇▇▇▇▇ New York Tax-Free Income Fund April 5, 2002
▇▇▇▇▇▇▇ Florida Tax-Free Income Fund April 5, 2002
▇▇▇▇▇▇▇ Strategic Income Fund April 5, 2002
▇▇▇▇▇▇▇ U.S. Government Securities Fund April 5, 2002
▇▇▇▇▇▇▇ Variable Series II ▇▇▇▇▇▇▇ Money Market Portfolio April 5, 2002
▇▇▇▇▇▇▇ Total Return Portfolio April 5, 2002
▇▇▇▇▇▇▇ High Income Portfolio April 5, 2002
▇▇▇▇▇▇▇ Growth Portfolio April 5, 2002
▇▇▇▇▇▇▇ Government Securities Portfolio April 5, 2002
▇▇▇▇▇▇▇ International Select Equity April 5, 2002
Portfolio
Date of Investment
Trust/Corporation Fund Management Agreement
----------------- ---- --------------------
▇▇▇▇▇▇▇ Small Cap Growth Portfolio April 5, 2002
▇▇▇▇▇▇▇ Investment Grade Bond Portfolio April 5, 2002
▇▇▇▇▇▇▇ Contrarian Value Portfolio April 5, 2002
SVS Dreman Small Cap Value Portfolio April 5, 2002
SVS Focus Value+Growth Portfolio April 5, 2002
▇▇▇▇▇▇▇ Blue Chip Portfolio April 5, 2002
▇▇▇▇▇▇▇ Strategic Income Portfolio April 5, 2002
SVS Dreman High Return Equity Portfolio April 5, 2002
SVS Dreman Financial Services Portfolio April 5, 2002
▇▇▇▇▇▇▇ Global Blue Chip Portfolio April 5, 2002
▇▇▇▇▇▇▇ Aggressive Growth Portfolio April 5, 2002
▇▇▇▇▇▇▇ Technology Growth Portfolio April 5, 2002
SVS Janus Growth Opportunities Portfolio April 5, 2002
SVS Janus Growth and Income Portfolio April 5, 2002
Date of Investment
Trust/Corporation Fund Management Agreement
----------------- ---- --------------------
SVS Eagle Focused Large Cap Growth April 5, 2002
Portfolio
SVS Invesco Dynamic Growth Portfolio April 5, 2002
SVS ▇▇▇▇▇▇ Mid Cap Growth Portfolio April 5, 2002
SVS Oak Strategic Equity Portfolio April 5, 2002
SVS ▇▇▇▇▇ Venture Value Portfolio April 5, 2002
SVS MFS Strategic Value Portfolio May 1, 2002
▇▇▇▇▇▇▇ High Income Trust April 5, 2002
▇▇▇▇▇▇▇ Intermediate Government Trust April 5, 2002
▇▇▇▇▇▇▇ Multi-Market Income Trust April 5, 2002
▇▇▇▇▇▇▇ Municipal Income Trust April 5, 2002
▇▇▇▇▇▇▇ Strategic Income Trust April 5, 2002
▇▇▇▇▇▇▇ Strategic Municipal Income Trust April 5, 2002
Cash Account Trust Money Market Portfolio April 5, 2002
Government Securities Portfolio April 5, 2002
Tax-Exempt Portfolio April 5, 2002
Cash Equivalent Fund Money Market Portfolio April 5, 2002
Date of Investment
Trust/Corporation Fund Management Agreement
----------------- ---- --------------------
Government Securities Portfolio April 5, 2002
Tax-Exempt Portfolio April 5, 2002
Investors Cash Trust Government Securities Portfolio April 5, 2002
Treasury Portfolio April 5, 2002
Investors Municipal Cash Fund Investors Florida Municipal Cash Fund April 5, 2002
Investors Michigan Municipal Cash Fund April 5, 2002
Investors New Jersey Municipal Cash Fund April 5, 2002
Investors Pennsylvania Municipal Cash Fund April 5, 2002
Tax-Exempt New York Money Market Fund April 5, 2002
Tax-Exempt California Money April 5, 2002
Market Fund
▇▇▇▇▇▇▇ Money Funds ▇▇▇▇▇▇▇ Money Market Fund April 5, 2002
▇▇▇▇▇▇▇ Government Money Fund April 5, 2002
▇▇▇▇▇▇▇ Tax-Exempt Money Fund April 5, 2002
▇▇▇▇▇▇▇ YieldWise Funds ▇▇▇▇▇▇▇ YieldWise Money Fund April 5, 2002
▇▇▇▇▇▇▇ YieldWise Government Money Fund April 5, 2002
▇▇▇▇▇▇▇ YieldWise Municipal Money Fund April 5, 2002
▇▇▇▇▇▇▇ Portfolios ▇▇▇▇▇▇▇ Cash Reserves Fund April 5, 2002