Exhibit (h)
AMENDMENT TO
SUB-ADMINISTRATION AGREEMENT
This Amendment dated as of September 16, 1999, is entered into by ALLEGHANY
INVESTMENT SERVICES INC. (the "Company") and FIRST DATA INVESTOR SERVICES
GROUP, INC. ("Investor Services Group").
WHEREAS, the Company and Investor Services Group have entered into a
Sub-Administration Agreement dated as of June 1, 1997 (as amended or
supplemented, the "Agreement"); and
WHEREAS, the Company and Investor Services Group wish to amend the
Agreement to revise the description of services to be provided by Investor
Services Group to the Company and related matters;
NOW, THEREFORE, the parties hereto, intending to be legally bound
hereby, hereby agree as follows:
I. The following is hereby added to Schedule D of the Agreement:
Sales Support Services
Sales literature review and recommendations for compliance with NASD and
SEC rules and regulations Preparation of training materials for use by
personnel of the Company or the Adviser Preparation of ongoing compliance
updates Coordination of registration of the Fund with National Securities
Clearing Corp. ("NSCC") and filing
required Fund/SERV reports with NSCC
Provision of advice and counsel to the Company with respect to regulatory
matters, including monitoring regulatory and legislative developments that
may affect the Company
Assistance in the preparation of quarterly board materials with regard to
sales and other distribution related data reasonably requested by the board
II. Except to the extent amended hereby, the Agreement shall remain
unchanged and in full force and effect and is hereby ratified and confirmed in
all respects as amended hereby.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of
the date and year first written above.
ALLEGHANY INVESTMENT SERVICES INC.
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
FIRST DATA INVESTOR SERVICES GROUP, INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇
▇▇▇▇▇ ▇. ▇▇▇
President