AMENDMENT TO THE ALPINE INCOME TRUST CUSTODY AGREEMENT
AMENDMENT
TO THE ALPINE INCOME TRUST
THIS
AMENDMENT dated
as of this 14th day of August, 2007, to the Custody Agreement, dated as of
December 2, 2002 (the “Custody Agreement”), is entered by and between
Alpine Income Trust, a Delaware business trust (the “Trust”),
and U.S. Bank, N.A., a national banking association (the
“Custodian”).
RECITALS
WHEREAS,
the parties
have entered into a Custody Agreement; and
WHEREAS,
the Trust
intends to amend the Custody Agreement to apply to the fees; and
WHEREAS,
Article XV, Section 15.5 of the Agreement allows for its amendment by a written
instrument executed by the parties.
NOW,
THEREFORE, the
Trust and the Custodian agree as follows:
Exhibit
C
of the Agreement is hereby superseded and replaced with Exhibit C attached
hereto.
Except
to
the extent amended hereby, the Custody Agreement shall remain in full force
and
effect.
IN
WITNESS WHEREOF,
the parties hereto have caused this Amendment to be executed by a duly
authorized officer on one or more counterparts as of the date and year first
written above.
| ALPINE INCOME TRUST | U.S. BANK, N.A. |
| By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇ |
| Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | Name: ▇▇▇ ▇. ▇▇▇▇▇▇▇ |
| Title: Vice President/Treasurer | Title: Senior Vice President |
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