1
EXHIBIT 99.B.6-5
Letter Agreement
With ▇▇▇▇▇ Communications
▇▇▇▇▇ COMMUNICATIONS, INC.
As of September 30, 1996
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
Haven Capital Management Trust
▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇▇▇▇:
This letter constitutes an agreement between The Haven Capital Management Trust
and ▇▇▇▇▇ Communications, Inc., to cover the media relations program that ▇▇▇▇▇
Communications will conduct on behalf of The Haven Fund.
Beginning October 1, 1996, ▇▇▇▇▇ Communications will conduct an ongoing media
relations program and serve as public relations counsel for The Haven Fund. The
Haven Fund will pay a monthly retainer fee of $3,500 to ▇▇▇▇▇ Communications and
reimburse expenses (including messenger and overnight delivery, phone, fax,
publications, photocopying, postage, travel and entertainment, and subcontracted
services) incurred by ▇▇▇▇▇ Communications in the course of conducting the
program.
This agreement may be canceled by either party with 30 days' written notice.
This agreement may also be terminated at any time, without the payment of any
penalty, by vote of a majority of the members of the trustees of The Haven
Capital Management Trust who are not interested persons of the Trust and have no
direct or indirect financial interest in the operation of the Trust's
distribution plan or in any agreements related to the plan or by vote of a
majority of the outstanding voting securities of The Haven Fund on not more than
sixty days' written notice to any other party to the agreement. This agreement
will automatically and immediately terminate in the event of its "assignment."
(As used in this agreement, the terms "majority of the outstanding voting
securities," "interested persons" and "assignment" shall have the same meanings
as such terms have in the Investment Advisers Act of 1940.)
2
If these terms are acceptable to Haven Capital Management Trust, please indicate
your consent to this agreement by signing below and returning an executed copy
of this letter to ▇▇▇▇▇ Communications by fax and by regular mail.
Sincerely,
▇▇▇▇▇▇ ▇▇▇▇▇ -----------------------------------
President Signed
▇▇▇▇▇ Communications, Inc.
▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇
President
The Haven Capital Management Trust
