Exhibit 99(g)(3)
AMENDMENT NO. 2
To the
MASTER CUSTODIAN CONTRACT
Amendment, effective as of April 30, 2003, to the Master Custodian Contract
dated September 26, 2001, (the "Contract") among Each Registered Investment
Company Identified on Appendix A (each, a "Fund") and State Street Bank and
Trust Company (the "Custodian").
WHEREAS, the Custodian and the Fund wish to document recent changes,
mergers, and name changes for various series of each Fund under the Contract, as
reflected below;
WHEREAS, St. Clair Funds, Inc. (the "Fund"), on behalf of each of its
series (each, a "Portfolio") as part of an Agreement and Plan of Reorganization
and Redomiciliation, ("Reorganization Plan") dated as of February 11, 2003,
reorganized some of the Fund's Portfolios under a new registered investment
company, Munder Series Trust (the "New Trust");
WHEREAS, under the Reorganization Plan, the assets of each Portfolio
(except for those terminated below) of St. Clair Funds, Inc. were acquired by a
corresponding Portfolio ("New Portfolio") of the New Trust, and each New
Portfolio assumed all responsibilities and liabilities of the corresponding
Portfolio;
NOW THEREFORE, in consideration of the promises and covenants contained
herein, the Custodian and the Fund agree to amend the Contract as follows:
1. The following Portfolios under each appropriate Fund have been terminated
from the Contract, as of the dates shown:
St. Clair Funds, Inc.
Munder Institutional S & P 500 Index Equity Fund (October 1, 2002)
Munder Institutional Short Term Treasury Fund (May 7, 2002)
The Munder Funds, Inc.
Munder Digital Economy Fund (May 3, 2002)
Munder Money Market Fund (January 24, 2003)
Munder International NetNet Fund (May 3, 2002)
Munder Fund of Funds (April 9, 2003)
Munder Bio(Tech)/2/ Fund (Effective May 2, 2003)
Munder Large-Cap Growth Fund (Effective May 2, 2003)
The Munder Framlington Funds Trust
Munder Framlington Global Financial Services Fund (May 3, 2002).
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2. St. Clair Funds, Inc., hereby notifies the Custodian that the name of one
of its Portfolios has been changed, effective April 30, 2003, as follows:
Liquidity Plus Money Market Fund has been changed to Liquidity Money Market
Fund.
3. The Munder Funds Trust hereby notifies the Custodian that the name of one
of its Portfolios has been changed, effective April 30, 2003, as follows:
Munder Tax-Free Short-Intermediate Bond Fund has been changed to Munder
Tax-Free Short & Intermediate Bond Fund.
4. The New Trust hereby requests the Custodian, under Sections 18 and 19 of
the Contract, to render services for the New Trust, Munder Series Trust, a
Delaware statutory trust, and each of its New Portfolios as listed below:
▇. ▇▇▇▇▇▇ Institutional Government Money Market Fund
▇. ▇▇▇▇▇▇ Institutional Money Market Fund
▇. ▇▇▇▇▇▇ S&P ▇▇▇▇▇▇ Index Equity Fund
▇. ▇▇▇▇▇▇ S&P SmallCap Index Equity Fund
IN WITNESS WHEREOF, the parties have caused this document to be executed by
its duly authorized officer below.
St. Clair Funds, Inc.
On behalf of its Portfolios
The Munder Funds, Inc.
On behalf of its Portfolios
The Munder Framlington Funds Trust
On behalf of its Portfolios
The Munder Funds Trust
On behalf of its Portfolios
Munder Series Trust
On behalf of its Portfolios
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇ West
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Name: ▇▇▇▇▇▇▇ ▇▇▇▇ West
Title: Assistant Secretary
State Street Bank and Trust Company
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
Title: Executive Vice President
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