SECOND AMENDMENT TO THE COLLECTIVE FUND CUSTODY AGREEMENT
SECOND AMENDMENT TO THE COLLECTIVE FUND CUSTODY AGREEMENT
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This Second Amendment is made as of and effective ~ ~ , 2007,
amending the Collective Fund Custody Agreement dated May 30, 200j~ amended on July 27,
2004 (the "Agreement") by and between the City of Clearwater Employees' Pension Fund
("Investment Fiduciary"), and Northern Trust Investments, Inc. (now Northern Trust
Investments, N.A.).
1. The Agreement is hereby amended in the following particulars:
Exhibit A attached to the Agreement, as well as any amendments thereto executed
prior to the effective date of this Amendment, are hereby deleted and revoked, and
in lieu thereof, the Exhibit A attached to this Amendment is adopted and
incorporated in the Agreement, pursuant to sections 2( c) and 14 thereof.
Exhibit B attached to the Agreement, as well as any amendments thereto executed
prior to the effective date of this Amendment, are hereby deleted and revoked, and
in lieu thereof, the Exhibit B attached to this Amendment is adopted and
incorporated in the Agreement, pursuant to sections 9 and 14 thereof.
2. Except for this first amendment and this Second Amendment, the Agreement
remains in full force and effect without change.
IN WITNESS WHEREOF, the parties have caused this Second Amendment to be
executed as of the day and year first written above.
BOARD OF TRUSTEES OF THE EMPLOYEES'
PENSION PLAN OF THE CITY OF
CLEARWATER, FLORIDA ~
By: ~r
l./ Frank V. Hibbard
Chairperson
Attest:
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:.... . ~ - . .. . ,
. .
ynthl.3-E. Goudeau' _
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ity~lerlt...... ." ,
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G ~ ~SS
26 " 1
Northern Trust Investments, N.A.
BY:~w...~~
Name:WtlMJM\ AA N(~811IU
As its: VlG5l'~lD~
Date: RRe..tl.- U ~ UOl
,
JES 4.5.07
C.~3~
26-' -
EXHIBIT A
DESIGNATED COLLECTIVE FUNDS
The City of Clearwater Employees' Pension Fund ("Investment Fiduciary") hereby designates the
following collective funds for investment by the Fund from time to time in such proportions or
amounts as the Investment Fiduciary shall direct in writing:
. NTGI-QM Collective Daily Aggregate Bond Index Fund - Lending
. NTGI-QM Collective Weekly Quant Enhanced EAFE Equity Fund - Lending
. NTGI-QM Collective Daily Russell 1000 Value Index Fund - Lending
BOARD OF TRUSTEES OF THE EMPLOYEES'
PENSION PLAN OF THE CITY OF
CLEARWATER, FLORIDA
By:
ank V. Hibbard
Chairperson
Attest:
ynthia E. Goudeau ./- ---.
ity Clerk
Northern Trust Investments, N.A.
By: lJJ~ (,(,t. ~~
Name: W\MA.A41. M Nl~ U(
As its: "lC-e' P~(l>e1-t1
Date: N?q,u,. U1 ?CIU7
JES 4.5.07
G: ~ s~-
26-v, ~ ~~
EXHIBIT B
FEES
For your services, you shall be compensated pursuant to the following fee schedule:
. NTGI-QM Collective Daily Aggregate Bond Index Fund - Lending
o First $100 Million at six (4) basis points
o Balance at two (2) basis points
. NTGI-QM Collective Weekly Quant Enhanced EAFE Equity Fund - Lending
o First $100 Million at thirty-five (35) basis points
o Next $100 Million at thirty (30) basis points
o Balance at twenty-five (25) basis points
. NTGI-QM Collective Daily Russell 1000 Value Index Fund - Lending
o First $50 Million at eight (8) basis points
o Next $50 Million at six (6) basis points
o Balance at three (3) basis points
BOARD OF TRUSTEES OF THE EMPLOYEES'
PENSION PLAN OF THE CITY OF
CLEARWATER, FLORIDA ~
By: ~~ y
cJ Frank V. Hibbard
Chairperson
Attest:
Cynthia E. Goudeau ~--"
City Clerk
Northern Trust Investments, N.A.
BY:W_UL.~~
Name: ~ A 111 M NJ.CAlE111 U
As its: V lC6 P ~ IJlel{I
Date: ---.MfJ-tt 1<0, -z,007
JES 4.5.07