ADDENDUM TO THE CUSTODIAN AGREEMENT
THIS ADDENDUM TO THE CUSTODIAN AGREEMENT dated March 20, 1995 between IDS New
Dimensions Fund, Inc. (the Corporation) and American Express Trust Company (the
Custodian) is made pursuant to Section 12 of the Agreement to reflect the
Corporation's arrangement of investing all of its assets in a master trust.
American Express Financial Corporation (AEFC) serves as administrator for the
Corporation and for the master trust in which the Corporation invests.
The Corporation, the Custodian and AEFC agree as follows:
The parties to this Agreement acknowledge that, so long as the Corporation
invests all of its assets in a master trust, the only assets held by the
Corporation will be units of the master trust. The parties agree that the
Custodian is entitled to rely upon AEFC for an accounting of the number of units
held, purchased or redeemed by the Corporation and to delegate to AEFC
responsibility for all reporting to the Corporation. AEFC agrees to indemnify
and hold harmless the Custodian from all claims and liabilities incurred or
assessed against the Custodian in connection with the accounting for and
reporting to the Corporation by AEFC.
IN WITNESS WHEREOF, the Corporation, the Custodian and AEFC have caused this
addendum to the Custodian Agreement to be executed on May 13, 1996 which shall
remain in effect until terminated by one of the parties on written notice to the
other parties to this Addendum.
IDS NEW DIMENSIONS FUND, INC.
By /s/ Xxxxxx X. Xxx
Xxxxxx X. Xxx
Vice President
AMERICAN EXPRESS TRUST COMPANY
By /s/ Xxxxxxxxxxx X. Xxxxx
Xxxxxxxxxxx X. Xxxxx
Vice President
AMERICAN EXPRESS FINANCIAL CORPORATION
By /s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx
Senior Vice President
