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EXHIBIT 23(h)-5a
AGREEMENT TO TERMINATE
THE
SUB-ADMINISTRATION AGREEMENT
BETWEEN BBOI WORLDWIDE LLC AND
XXXXXX LLC
WITH RESPECT TO THE
XXXXXX/BIAM IPT - INTERNATIONAL FUND
This AGREEMENT TO TERMINATE THE SUB-ADMINISTRATION AGREEMENT (the
"Termination Agreement") is made effective the 12th of May, 2000 between BBOI
Worldwide LLC ("BBOI"), a Delaware limited liability company and XXXXXX LLC, a
Nevada limited liability company ("Xxxxxx").
WHEREAS, BBOI and Xxxxxx entered into that certain Sub-Administration
Agreement dated May 1, 1997, whereby BBOI has delegated certain administrative
and managerial duties and responsibilities to Xxxxxx (the "Agreement");
WHEREAS, BBOI and Xxxxxx desire to terminate the Agreement in the
manner hereinafter set forth;
NOW THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, BBOI and Xxxxxx agree as follows:
1. Termination of the Agreement. The Agreement is hereby terminated.
2. Effect of Termination. Each party's rights, remedies, and
obligations under the Agreement are terminated without any liability whatsoever
to the other party.
IN WITNESS THEREOF, the parties have caused this Termination Agreement
to be executed by their duly authorized officers effective as of the date first
written above.
BBOI WORLDWIDE LLC, XXXXXX LLC
By: By:
-------------------------------- ------------------------------------
Name: Xxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx
Title: Co-Chief Executive Officer Title: President
