EXHIBIT 4(B)(10)
LETTER AGREEMENT
State Street Bank and Trust Company
P.O. Box 1713
Boston, MA 02105
Dear Sirs:
FRIC is redesignating its Premier Adviser Class shares as Premier Class
shares. ▇▇▇▇'s previously authorized Premier Institutional Class shares are
being redesignated ass Class E shares.
Additionally, in connection with these changes, pursuant to Section 14 of
the Yield Calculation Services Agreement of ▇▇▇▇▇ ▇▇▇▇▇▇▇ Investment Company,
dated January 2, 1985, ▇▇▇▇▇ ▇▇▇▇▇▇▇ Investment Company advises you that it is
creating new classes of shares for certain of its Funds, as follows:
New Class C shares of each of the Fixed Income II Fund (which is being
renamed Short Term Bond Fund); and
New Class C shares and New Class E shares of the Limited Volatility Tax
Free Fund (which is being renamed Tax Exempt Bond Fund).
FRIC desires for State Street Bank and Trust Company to compute the
performance results of each such Class of each Fund pursuant to the terms and
conditions of the Yield Calculation Service Agreement.
Please indicate your acceptance to amend the Yield Calculation Service Agreement
by executing the acceptance copy of this letter agreement and returning it to
the undersigned.
Sincerely,
▇▇▇▇▇ ▇▇▇▇▇▇▇ INVESTMENT COMPANY
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
President
Accepted this 26th day of January, 1999.
STATE STREET BANK AND TRUST COMPANY
By: /s/ ▇▇▇▇ ▇▇▇▇▇
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Its: Vice President
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