EXHIBIT (23)(d)
Addendum to Management Agreement
between Lord ▇▇▇▇▇▇
Tax-Free Income Trust and Lord, ▇▇▇▇▇▇ & Co. LLC
Dated: July 22, 2002 (the "Agreement")
Lord, ▇▇▇▇▇▇ & Co. LLC and Lord ▇▇▇▇▇▇ Tax-Free Income Trust (the "Trust")
on behalf of Lord ▇▇▇▇▇▇ Insured Intermediate Tax-Free Fund (the "Fund Series")
do hereby agree that (a) the annual management fee rate for the Fund Series with
respect to paragraph 2 of the Agreement shall be as follows: 0.45 of 1% of the
first $2 billion of average daily net assets of Lord ▇▇▇▇▇▇ Insured Intermediate
Tax-Free Fund, 0.425 of 1% of the next $3 billion of such assets and 0.40 of 1%
of such assets in excess of $5 billion.
For purposes of Section 15 (a) of the Act, this Addendum and the Agreement
shall together constitute the investment advisory contract of the Fund Series.
LORD, ▇▇▇▇▇▇ & CO. LLC
BY:
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Member
Lord ▇▇▇▇▇▇ Tax-Free Income Trust
(on behalf of Lord ▇▇▇▇▇▇ Insured Intermediate Tax-Free Fund)
BY:
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Vice President & Assistant Secretary
Dated: As of June 30, 2003