Exhibit (h) (ii) under From N-1A
Exhibit 10 under Item 601/Reg. S-K
Amendment Number 3 to
Agreement for Administrative Services
between
Federated Administrative Services
and
the Investment Company
This Amendment Number 3 (the "Amendment") to the Agreement for
Administrative Services ("Agreement") between each of the investment companies
listed on Exhibit A thereto (collectively, the "Investment Company") and
Federated Administrative Services ("Company") is made and entered into as of the
1st day of June, 2005. Terms used as defined terms herein, which are not
otherwise defined herein, shall have the meanings ascribed thereto in the
Agreement.
WHEREAS, the Investment Company has entered into the Agreement with the
Company; and
WHEREAS, Investment Company and Company wish to amend the Agreement on the
terms and conditions set forth herein.
NOW, THEREFORE, in consideration of the premises and mutual covenants
herein contained, and intending to be legally bound hereby, the parties hereto
agree as follows:
1. Amendment to the Agreement. The Agreement is hereby amended by deleting
Article 7, subparagraph (C) and inserting in its place the following:
C. The Company shall upon instruction from the Investment Company
subcontract for the performance of services under this Agreement with
an agent selected by the Investment Company, other than as described
in 7.B. above, provided however, that the Company shall in no way be
responsible to the Investment Company for the acts and omissions of
the agent.
2. No Other Amendments. Except as expressly amended hereby, the Agreement
shall continue in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed in their names and on their behalf by and through their duly authorized
officers, as of the day and year first above written.
INVESTMENT COMPANIES
(listed on Exhibit A to the Agreement)
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
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Name: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
Title: Executive Vice President
FEDERATED ADMINISTRATIVE SERVICES
By: /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, III
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Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, III
Title: President