AMENDMENT TO TRANSFER AGENCY AND SERVICE AGREEMENT

This Amendment is entered into as of March 6, 2026 (the “Amendment”), between Clearwater Investment Trust (the “Trust”), a business trust organized under the laws of the Commonwealth of Massachusetts and The Northern Trust Company (the “Transfer Agent”), an Illinois corporation.

WHEREAS, the Trust and the Transfer Agent are party to a Transfer Agency and Service Agreement, dated as of December 29, 2011 (as amended, restated or otherwise modified from time to time prior to the date hereof, the “Agreement”), wherein the Transfer Agent agreed to provide certain services to the Trust; and

WHEREAS, in addition to the provisions contained in the Agreement, effective as of the date hereof, the Trust and the Transfer Agent wish to make certain amendments to the Agreement.

NOW THEREFORE, in consideration of the mutual agreements herein contained, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

1. DEFINITIONS; INTERPRETATION.

 

(a)

Capitalized terms used herein but not otherwise defined shall have the meanings set forth in the Agreement.

 

(b)

The headings to the clauses of this Amendment shall not affect its interpretation.

2. AMENDMENT. Schedule A (Fund List) to the Agreement is amended as of date of this Amendment by replacing such schedule in its entirety with the amended Schedule A (Fund List) attached hereto.

3. GOVERNING LAW. This Amendment shall be construed and the substantive provisions hereof interpreted under and in accordance with the laws of the State of Illinois.

4. MISCELLANEOUS. This Amendment may be executed in any number of counterparts, each of which will be deemed an original, but all of which taken together shall constitute one single agreement between the parties. Any such counterpart, to the extent delivered by means of a facsimile machine or by .pdf, .tif, .gif, .jpg or similar attachment to electronic mail or by means of DocuSign^® or other electronic signature, shall be treated in all manner and respects as an original executed counterpart. Each DocuSign^® or other electronic, faxed, scanned or photocopied manual signature shall for all purposes have the same validity, legal effect and admissibility in evidence as an original manual signature and the parties hereby waive any objection to the contrary. Except as provided herein, this Amendment may not be amended or otherwise modified except in writing signed by all the parties hereto.

5. EFFECT OF AMENDMENT. All other terms and conditions set forth in the Agreement shall remain unchanged and in full force and effect. On and after the date hereof, each reference to the Agreement in the Agreement and all schedules thereto shall mean and be a reference to the Agreement as amended by this Amendment.

[Signature Pages Follow]

 

Page 1

IN WITNESS WHEREOF, each of the Trust and the Transfer Agent has caused this Amendment to be signed and delivered by its duly authorized representative.

 

Initial

/s/ NG

Examined as to Form

 

Page 2

SCHEDULE A

to

Transfer Agency and Service Agreement, dated as of December 29, 2011

Fund List

Dated: March 6, 2026

Clearwater Core Equity Fund

Clearwater International Fund

Clearwater Select Equity Fund

Clearwater Tax-Exempt Bond Fund

 

CLEARWATER INVESTMENT TRUST						THE NORTHERN TRUST COMPANY
By:		/s/ Justin Weyerhaeuser				By:		/s/ Amanda Shannon
Name:		Justin Weyerhaeuser				Name:		Amanda Shannon
Title:		President & Treasurer				Title:		Vice President

 

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