Exhibit (g)(1)(c)

 

Amendment To Master Custodian Agreement

 

This Amendment, effective as of May 1, 2025 (the “Amendment”), is entered into by and among each management investment company identified on Appendix A hereto (each, a “Fund,” and together the “Funds”) and State Street Bank and Trust Company, a Massachusetts trust company (the “Custodian”). Capitalized terns but not identified herein shall have the meanings set forth in the agreement.

 

Whereas, the Custodian and the Funds entered into a Custody Agreement dated as of January 1, 2013 as the same may be amended, supplemented, restated or otherwise modified from time to time (the “Agreement”); and

 

Whereas, the parties hereto wish to amend the Agreement as set forth below.

 

Now Therefore, in consideration of the mutual agreements herein contained, the parties agree as follows:

 

Andrea E. Sharp

Managing Director

 

1.Appendix A to the Custodian Agreement is hereby deleted in its entirety and replaced with the attached Appendix A.

 

2.The Custodian and the Funds hereby agree to be bound by all of the terms, provisions, covenants, and obligations set forth in the Agreement.

 

3.Except as specifically amended hereby, all other terms and conditions of the Agreement shall remain in full force and effect.

 

4.This Amendment may be executed in several counterparts, each of which shall be deemed to be an original, and all such counterparts taken together shall constitute one and the same instrument. Counterparts may be executed in either original or electronically transmitted form (e.g., faxes or emailed portable document format (PDF) form), and the parties hereby adopt as original any signatures received via electronically transmitted form.

 

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IN WITNESS WHEREOF, each of the undersigned has caused this Amendment to be executed in its name and on its behalf by a duly authorized officer as of the date set forth above.

 

EACH OF THE ENTITIES

 

SET FORTH ON APPENDIX A HERETO

 

By: /s/ Greg Hoppe
 
Name: Greg Hoppe
 
Title: VP and CFO

 

STATE STREET BANK AND TRUST COMPANY

 

By: /s/ Andrea E. Sharp
 
Name: Andrea E. Sharp
 
Title: Managing Director

 

 

 

 

APPENDIX A

TO

MASTER CUSTODIAN AGREEMENT

 

Management Investment Companies Registered with the SEC

and Portfolios thereof, If Any

 

Fund Portfolio Name Share Class Effective
Date 		Designation

Madison Funds f/k/a

MEMBERS Mutual Funds 

 Conservative Allocation Fund A 1-1-13 Allocation Fund
  Moderate Allocation Fund A 1-1-13 Allocation Fund
  Aggressive Allocation Fund A 1-1-13 Allocation Fund
  Core Bond Fund f/k/a Bond Fund A, Y, I, R6 1-1-13 Core Fund
  Diversified Income Fund A 1-1-13 Allocation Fund
 

Covered Call & Equity

Income Fund f/k/a Equity Income Fund

 A, Y, I, R6 1-1-13 Core Fund
  Mid Cap Fund A, Y, I, R6 1-1-13 Core Fund
  Small Cap Fund A, Y, I, R6 1-1-13 Core Fund
  High Quality Bond Fund f/k/a Institutional Bond Fund Y, I 3-1-13 Core Fund
  Large Cap Fund (f/k/a Investors Fund) A, Y, I, R6 3-1-13 Core Fund
  Dividend Income Fund A, Y, I, R6 3-1-13 Core Fund
  Tax-Free National Fund Y 3-1-13 Core Fund
         
Ultra Series Fund Conservative Allocation Fund I, II 1-1-13 Allocation Fund
  Moderate Allocation Fund I, II 1-1-13 Allocation Fund
  Aggressive Allocation Fund I, II 1-1-13 Allocation Fund
  Core Bond Fund f/k/a Bond Fund I, II 1-1-13 Core Fund
  Diversified Income Fund I, II 1-1-13 Allocation Fund
  Large Cap Value Fund I, II 1-1-13 Core Fund
  Large Cap Growth Fund I, II 1-1-13 Core Fund
  Mid Cap Fund I, II 1-1-13 Core Fund
  Target Retirement 2020 Fund I 1-1-13 Allocation Fund
  Target Retirement 2030 Fund I 1-1-13 Allocation Fund
  Target Retirement 2040 Fund I 1-1-13 Allocation Fund
  Target Retirement 2050 Fund I 1-1-13 Allocation Fund
         

 

Information Classification: Confidential