SUPPLEMENT TO CUSTODY AGREEMENT
Date: November 4, 1996
Boston Safe Deposit and Trust Company
Xxx Xxxxxx Xxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
Ladies and Gentlemen:
ENDEAVOR SERIES TRUST, an unincorporated business trust organized under
the laws of the Commonwealth of Massachusetts (the "Trust"), hereby
supplements its agreement with BOSTON SAFE DEPOSIT AND TRUST COMPANY, a trust
company organized under the laws of the Commonwealth of Massachusetts (the
"Custodian"), as follows:
1. Compensation. Pursuant to Section 3(b) of the Custody Agreement dated
March 28, 1991 (the "Agreement"), the Trust and the Custodian hereby agree
that the OPPORTUNITY VALUE PORTFOLIO AND ENHANCED INDEX PORTFOLIO (the
"Portfolios"), two new series of the Trust, created and designated in
accordance with the Trust's Master Trust Agreement, shall be considered
Portfolios of the Trust under the terms of the Agreement, and that the
Domestic and Global Fee Schedules currently in effect, and as may be amended
from time to time, under the Agreement shall apply to the Portfolios, as of
the date and year first written above.
2. Limitation of Liability. The term "Endeavor Series Trust" means and
refers to the Trustees from time to time serving under the Agreement and
Declaration of Trust dated November 18, 1988, as the same may subsequently
thereto have been, or subsequently hereto be, amended. It is expressly agreed
that the obligations of the trust hereunder shall not be binding upon any of
the Trustees, shareholders, nominees, officers, agents or employees of the
Trust, personally, but bind only the trust property of the Trust, as provided
in the Agreement and Declaration of Trust. The execution and delivery of this
Agreement have been authorized by the Trustees of the Trust and signed by an
authorized officer of the Trust, acting as such, and neither such
authorization by such Trustees nor such execution and delivery by such officer
shall be deemed to have been made by any of them individually or to impose any
liability on any of them personally, but shall bind only the trust property of
the Trust as provided in its Agreement and Declaration of Trust.
If the foregoing is acceptable to you, kindly indicate your acceptance by
signing and returning the enclosed copy of this Supplement.
Very truly yours,
ENDEAVOR SERIES TRUST
By: Xxxxx X. XxXxxxx
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Title: President
Accepted and Agreed to:
BOSTON SAFE DEPOSIT AND TRUST COMPANY
By: Xxxxx Xxxxx
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