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Exhibit (g) (3)
THE GALAXY VIP FUND
Amendment to
GLOBAL CUSTODY AGREEMENT
______________, 2000
The Chase Manhattan Bank
Chase Metrotech Center
Brooklyn, NY 11245
Attn: Global Custody Division
Dear Sirs:
This letter is to confirm that the undersigned, The Galaxy VIP Fund, a
Massachusetts business trust (the "Trust"), has agreed that the Global Custody
Agreement between the Trust and The Chase Manhattan Bank (formerly The Chase
Manhattan Bank, N.A.) ("Chase Manhattan") dated as of November 13, 1992, as
previously amended (the "Agreement") is herewith further amended to provide that
Chase Manhattan shall be the custodian for the Trust's Large Company Index Fund
and Small Company Index Fund on the terms and conditions contained in the
Agreement.
If the foregoing is in accordance with your understanding, will you so
indicate by signing and returning to us the enclosed copy thereof.
Very truly yours,
THE GALAXY VIP FUND
By:
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Name: John T. O'Neill
Title: President
Accepted:
THE CHASE MANHATTAN BANK
By:
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Name:
Title:
