EXHIBIT 99.(2)(k)(iii)
AMENDMENT TO ADMINISTRATION AGREEMENT
AMENDMENT TO
ADMINISTRATION AGREEMENT
THIS AMENDMENT TO ADMINISTRATION AGREEMENT (this "Amendment") is made as of
the 21st day of January, 2005 by and among FUND ADMINISTRATIVE SERVICES, LLC, a
Colorado limited liability company (the "Administrator") and BOULDER GROWTH &
INCOME FUND, INC. a Maryland corporation (the "Fund").
WHEREAS, the Fund and the Administrator are parties to an Administration
Agreement dated as of February 1, 2004 (the "Agreement"); and
WHEREAS, the parties desire to amend certain provisions of the Agreement
with respect to the negligence standard to be applied by the Administrator.
1. Amendments.
a. Paragraph 11 of the Agreement is amended to strike the word
"gross" from the last sentence of the paragraph.
b. Paragraph 20(a) of the Agreement is amended to strike the word
"gross" from the last sentence of the paragraph.
2. All Other Terms and Conditions Unchanged. All other terms and
conditions of the Sub-Advisory Agreement shall remain in full force and
effect.
3. Counterparts. This Amendment may be executed in counterparts, each
of which shall be deemed an original for all purposes, and together shall
constitute one and the same Amendment.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the date first above written.
THE ADMINISTRATOR:
FUND ADMINISTRATIVE SERVICES, L.L.C.,
a Colorado limited liability company
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇
▇▇▇▇ ▇. ▇▇▇▇▇
Its: Assistant Manager
THE FUND:
BOULDER GROWTH & INCOME FUND, INC.
a Maryland corporation
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Its: President
