FORM OF
AMENDMENT TO CUSTODIAN AGREEMENT
between
AETNA GET FUND
and
MELLON BANK, N.A.
WITNESSETH:
WHEREAS, Aetna GET Fund (the "Fund"), formerly named Aetna Guaranteed
Equity Trust, and Mellon Bank, N.A. ("Mellon") are parties to a Custodian
Agreement (the "Agreement") dated September 1, 1992, as amended, with respect to
the assets of the Fund's Series A and some or all additional series that the
Fund may establish from time to time ("Series"); and
WHEREAS, the Fund has authorized the creation of new series, Series L and
M, and has amended its registration statement on Form N-1A to register shares of
beneficial interest of Series L and M with the Securities and Exchange
Commission; and
WHEREAS, the Fund, for which Aeltus Investment Management, Inc. serves as
investment adviser to Series L and M, desires to appoint Mellon as custodian of
the assets of its Series L and M;
NOW THEREFORE, it is agreed as follows:
1. The Fund, on behalf of Series L and M, hereby appoints Mellon, and
Mellon hereby accepts appointment, as the custodian of the assets of Series L
and M, in accordance with all the terms and conditions set forth in the
Agreement.
2. The Fund is entering into the Agreement on behalf of Series L and M
individually, and not jointly with any other Series. Without otherwise limiting
the generality of the foregoing,
(a) any breach of the Agreement regarding the Fund with respect to any
one Series shall not create a right or obligation with respect to
any other Series;
(b) under no circumstances shall the Bank have the right to set off
claims relating to a Series by applying property of any other
Series;
(c) no Series shall have the right of set off against the assets held by
any other Series;
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(d) the business and contractual relationships created by the Agreement
as amended hereby, and the consequences of such relationships relate
solely to the particular Series to which such relationship was
created; and
(e) all property held by the Bank on behalf of a particular Series shall
relate solely to the particular Series.
3. The Fund and Mellon agree that the trustees, officers, and agents of
the Fund and the shareholders of any of its Series shall not personally be bound
by or liable under this Agreement, as provided in the Fund's Declaration of
Trust. The execution and delivery of this Agreement have been authorized by the
trustees of the Fund and executed and delivered by an authorized officer of the
Fund, acting as such, and neither such authorization nor such execution and
delivery shall be deemed to have been made by any of them individually or to
impose any liability on any of them personally, but shall bind only the assets
and property of the Fund.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their officers designated below on the date mentioned below.
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<S> <C>
Mellon Bank, N.A. Aetna GET Fund, on behalf of
Series L, individually
Series M, individually
By: By:
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Name: Name:
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Title: Title:
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Date: Date:
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