Exhibit (h)(5)(b)
AMENDMENT TO SHAREHOLDER SERVICES AGREEMENT
Dated: April 30, 2007
The Shareholder Services Agreement by and between First Pacific Mutual
Fund, Inc., a Maryland corporation (the "Company"), for the Hawaii Municipal
Fund series and the Hawaii Intermediate Fund series and First Pacific
Recordkeeping, Inc., a Hawaii corporation, is amended as follows:
FIRST: The Shareholder Services Agreement is hereby amended to
change the name of First Pacific Recordkeeping, Inc. to ▇▇▇ Financial
Recordkeeping, Inc.
SECOND: The foregoing amendment to the Shareholder Services
Agreement has been duly approved by at least a majority of the entire Board
of Directors of the Company. The amendment is limited to changes expressly
permitted to be made without action of the shareholders.
THIRD: The Shareholder Services Agreement Amendment will become
effective on April 30, 2007.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to
be executed by their officers designated below as of the day and year first
written above.
FIRST PACIFIC MUTUAL FUND, INC.
By: __/s/ ▇▇▇▇▇▇▇▇ K.H Lee_____________
▇▇▇▇▇▇▇▇ ▇.▇. ▇▇▇, President
Attest: _/s/ ▇▇▇▇ ▇▇▇▇ Lee______________
▇▇▇▇ ▇▇▇▇ ▇▇▇, Secretary
▇▇▇ FINANCIAL RECORDKEEPING, INC.
By: __/s/ ▇▇▇▇▇▇▇▇ K.H Lee_____________
▇▇▇▇▇▇▇▇ ▇.▇. ▇▇▇, President
Attest: _/s/ ▇▇▇▇ ▇▇▇▇ Lee______________
▇▇▇▇ ▇▇▇▇ ▇▇▇, Secretary