AGREEMENT BETWEEN ▇. ▇▇▇▇ PRICE INVESTMENT SERVICES, INC.
("INVESTMENT SERVICES") AND EACH OF ▇. ▇▇▇▇ PRICE PRIME
RESERVE FUND, INC. AND ▇. ▇▇▇▇ PRICE TAX-EXEMPT MONEY FUND,
INC., SEVERALLY AND NOT JOINTLY (EACH A "FUND"), MADE AS OF
THE 8th DAY OF NOVEMBER, 2000
WHEREAS, each Fund has issued a separate class of shares
known as the "PLUS Class;"
WHEREAS, the PLUS Classes, since their inception, have
included certain debit card and checkwriting services,
WHEREAS, the PLUS Classes have been responsible for the
expenses associated with these debit card and checkwriting
services through a contract between the Funds and ▇. ▇▇▇▇
Price Services, Inc., the transfer agent for the Funds,
WHEREAS, Investment Services provides a brokerage service
known as the ▇. ▇▇▇▇ Price Asset Manager Account ("AMA"),
WHEREAS, the PLUS classes are used only in connection with
the AMA as the exclusive sweep account for AMA customers and
only customers of the AMA can be shareholders of the PLUS
Classes,
WHEREAS, Investment Services has determined to change the
firm that clears its trades and handles various back office
operations from Fiserve Securities, ▇▇▇.▇▇ the Pershing
Division of ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ Securities
Corporation ("Pershing"), and
WHEREAS, Pershing is able to support the debit card and
checkwriting services and, as a result, Pershing will charge
Investment Services for these services,
NOW,THEREFORE, in consideration of the premises and other
good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree
as follows:
1. Each Fund, on behalf of its respective PLUS Class, will
pay Investment Services the amounts set forth on Schedule A
for the debit card and checkwriting services described on
Schedule A, such payments to be made at such times and under
such conditions as the parties may agree.
2. The term of this agreement shall be through December
31, 2001, and thereafter, may be renewed each year for an
additional year through December 31, as the parties may
agree.
IN WITNESS WHEREOF, the parties hereto have caused
their duly authorized representatives to execute this
Agreement as of the day first indicated above.
▇. ▇▇▇▇ PRICE INVESTMENT SERVICES, INC.
By: /s/▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
Title: Vice President
▇. ▇▇▇▇ PRICE PRIME RESERVE FUND, INC.
By: /s/▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
▇. ▇▇▇▇ PRICE TAX-EXEMPT MONEY FUND, INC.
By: /s/▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇
