EXHIBIT (h)(10)(a)
AMENDMENT OF
SUB-ADMINISTRATION AND
ACCOUNTING SERVICES AGREEMENT
BETWEEN
XXXXXX TRUST AND SAVINGS BANK
AND
PFPC INC.
[XXXXXX INSIGHT(R) FUNDS TRUSt]
THIS AMENDMENT ("Amendment") is made as of 1 May 1999 by and between XXXXXX
TRUST AND SAVINGS BANK, an Illinois banking corporation ("Xxxxxx"), and PFPC
INC., a Delaware corporation ("PFPC"), an indirect majority-owned subsidiary of
PNC Bank Corp.
WITNESSETH:
WHEREAS, Xxxxxx and PFPC have entered into a Sub-Administration and
Accounting Services Agreement dated 1 July 1996 ("Agreement") to provide certain
services to the portfolios of Xxxxxx Insight(R) Funds Trust ("Funds"); and
WHEREAS, Section 18 of the Agreement provides that the parties thereto
may amend the Agreement by a written amendment; and
WHEREAS Xxxxxx and PFPC wish to amend the Agreement in order to modify
and add to the services to be performed for the Funds by PFPC.
NOW, THEREFORE, in consideration of the premises and mutual covenants
contained herein and intending to be legally bound hereby, Xxxxxx and PFPC
agree as follows:
1. ADDITIONAL SERVICES. Xxxxxx hereby appoints PFPC to provide the
additional services set forth on Exhibit A to this Amendment, which is hereby
incorporated herein. PFPC accepts such appointment and agrees to furnish
such services.
2. COMPENSATION. As compensation for the additional services provided
pursuant to this Amendment, Xxxxxx, on behalf of the Funds, will pay to PFPC
such fee(s) as may be agreed upon in writing by Xxxxxx and PFPC.
3. COUNTERPARTS. This Amendment may be executed in two or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute a single instrument.
4. FUTURE ACTIONS. Each party agrees to perform such further acts and to
execute such additional documents as are necessary to effect the purposes of
this Amendment.
5. FACSIMILE SIGNATURES. The facsimile signature of any party to this
Amendment shall constitute the valid and binding execution hereof by such party.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the date first given above.
PFPC INC. XXXXXX TRUST AND SAVINGS BANK
By: /S/ XXXXXX X. XXXX By: XXXXX X. XXXXXXXX
Its VICE PRESIDENT AND Its XXXXX VICE PRESIDENT
DIRECTOR
