EX-99.(G)(2) 10 exhibitg2_ex99zg2.htm AMENDMENT TO MASTER CUSTODIAN AGREEMENT BETWEEN CALVERT FUNDS AND STATE STREET BANK AND TRUST COMPANY AMENDMENT TO CUSTODIAN AGREEMENT

EXHIBIT (g)(2)

 

AMENDMENT TO MASTER CUSTODIAN AGREEMENT

 

THIS AMENDMENT TO MASTER CUSTODIAN AGREEMENT (the “Amendment”) is made and entered into as of June 3, 2020 by and between each Calvert management investment company identified on Appendix A hereto (each, a “Fund” and collectively, the “Funds”), and STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust company (the “Custodian”).

 

WITNESSETH:

 

WHEREAS, each Fund and the Custodian are parties to that certain Master Custodian Agreement dated as of December 1, 2000 (as amended, modified or supplemented from time to time, the “Agreement”); and

 

WHEREAS, each Fund and the Custodian desire to amend and supplement the Agreement upon the following terms and conditions.

 

NOW THEREFORE, for and in consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each Fund and the Custodian hereby agree that the Agreement is amended and supplemented as follows:

 

1.  Amendment to Agreement

 

(a)A new Section 34 is hereby added to the Agreement as follows:  

 

“SECTION 34.  ASSIGNMENT; DELEGATION.  Notwithstanding any other provisions set forth in herein to the contrary, this Agreement may not be assigned by (a) any Fund without the written consent of the Custodian or (b) the Custodian without the written consent of each applicable Fund, except that the Custodian may assign this Agreement to a successor of all or a substantial portion of its business, or to an affiliate of the Custodian provided that such assignee is a bank or trust company having such  qualifications required by the 1940 Act and the rules thereunder to act as custodian of the Funds.  The Custodian shall retain the right to employ agents, subcontractors, consultants or other third parties, including, without limitation, affiliates (each, a “Delegate” and collectively, the “Delegates”) to provide or assist it in the provision of any part of the non-custodial services described herein or the discharge of any other non-custodial obligations or duties under this Agreement without the consent or approval of any Fund. Except as otherwise provided below, the Custodian shall be responsible for the acts and omissions of any such Delegate so employed as if the Custodian had committed such acts and omissions itself.  The Custodian shall be responsible for the compensation of its Delegates. Notwithstanding the foregoing, in no event shall the term Delegate include sub-custodians, Eligible Foreign Custodians, U.S. Securities Systems and Foreign Securities Systems, and the Custodian shall have no liability for their acts or omissions except as otherwise expressly provided elsewhere in this Agreement. The liability of the Custodian for the acts and omissions of sub-custodians, Eligible Foreign Custodians, U.S. Securities Systems and Foreign Securities Systems shall be as set forth in Section 14 above.” 

 

(b)A new Section 40 is hereby added to the Agreement as follows:  

 

“SECTION 40.  LOAN SERVICES ADDENDUM.If a Fund directs the Custodian in writing to perform loan services, the Custodian and the Fund will be bound by the terms of the Loan Services Addendum attached hereto.  The Fund shall reimburse Custodian for its fees and expenses related thereto as agreed upon from time to time in writing by the Fund and the Custodian.” 


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2.Miscellaneous.  Except as amended hereby, the Agreement shall remain in full force and effect.  This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which 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, the parties have caused this Amendment to be executed by their duly authorized officers to be effective as of the date first above written.

 

 

EACH OF THE ENTITIES SET FORTH ON

APPENDIX A HERETO

 

 

By:/s/ James F. Kirchner  

Name:  James F. Kirchner

Title:    Treasurer

 

 

STATE STREET BANK AND TRUST COMPANY

 

 

By:/s/ Andrew Erickson  

Name: Andrew Erickson

Title: Executive Vice President


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APPENDIX A

TO

MASTER CUSTODIAN AGREEMENT

 

 

 

 

TRUST / CORP

SERIES

FUND NO.

Calvert Impact Fund, Inc.

Calvert Global Energy Solutions Fund

D883

Calvert Impact Fund, Inc.

Calvert Global Water Fund

D887

Calvert Impact Fund, Inc.

Calvert Green Bond Fund

D8E3

Calvert Impact Fund, Inc.

Calvert Small-Cap Fund

D852

Calvert Management Series

Calvert Flexible Bond Fund  

D8BA

Calvert Management Series

Calvert Floating-Rate Advantage Fund

D8C5

Calvert Management Series

Calvert Responsible Municipal Income Fund

D813

Calvert Responsible Index Series, Inc.

Calvert International Responsible Index Fund

D8C3

Calvert Responsible Index Series, Inc.

Calvert US Large-Cap Core Responsible Index Fund

D872

Calvert Responsible Index Series, Inc.

Calvert US Large-Cap Growth Responsible Index Fund

D8C1

Calvert Responsible Index Series, Inc.

Calvert US Large-Cap Value Responsible Index Fund

D8C2

Calvert Responsible Index Series, Inc.

Calvert US Mid-Cap Core Responsible Index Fund

D8C4

Calvert Social Investment Fund

Calvert Balanced Fund

D8AC

Calvert Social Investment Fund

Calvert Bond Fund

D816

Calvert Social Investment Fund

Calvert Bond Fund

D816

Calvert Social Investment Fund

Calvert Conservative Allocation Fund

D8A2

Calvert Social Investment Fund

Calvert Equity Fund

D819

Calvert Social Investment Fund

Calvert Growth Allocation Fund

D8A4

Calvert Social Investment Fund

Calvert Moderate Allocation Fund

D8A3

Calvert Variable Products, Inc.

Calvert VP EAFE International Index Portfolio

D897

Calvert Variable Products, Inc.

Calvert VP Investment Grade Bond Index Portfolio

D8A5

Calvert Variable Products, Inc.

Calvert VP Nasdaq 100 Index Portfolio

D898

Calvert Variable Products, Inc.

Calvert VP Russell 2000 Small Cap Index Portfolio

D896

Calvert Variable Products, Inc.

Calvert VP S&P 500 Index Portfolio

D894

Calvert Variable Products, Inc.

Calvert VP S&P MidCap 400 Index Portfolio

D895

Calvert Variable Products, Inc.

Calvert VP Volatility Managed Growth Portfolio

D8G1

Calvert Variable Products, Inc.

Calvert VP Volatility Managed Moderate Growth Portfolio

D8F1

Calvert Variable Products, Inc.

Calvert VP Volatility Managed Moderate Growth Portfolio

D8F1

Calvert Variable Products, Inc.

Calvert VP Volatility Managed Moderate Portfolio

D8E1

Calvert Variable Series, Inc.

Calvert Emerging Markets Advancement Fund

D8AE

Calvert Variable Series, Inc.

Calvert VP SRI Balanced Portfolio

D8BC

Calvert Variable Series, Inc.

Calvert VP SRI Mid Cap Portfolio

D839

Calvert World Values Fund, Inc.

Calvert Emerging Markets Equity Fund

D8B7

Calvert World Values Fund, Inc.

Calvert International Equity Fund

D846

Calvert World Values Fund, Inc.

Calvert International Opportunities Fund

D882

Calvert World Values Fund, Inc.

Calvert Mid-Cap Fund  

D814


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The Calvert Fund

Calvert High Yield Bond Fund

D8A8

The Calvert Fund

Calvert Income Fund

D808

The Calvert Fund

Calvert Long-Term Income Fund

D855

The Calvert Fund

Calvert Short Duration Income Fund

D878

The Calvert Fund

Calvert Ultra-Short Duration Income Fund

D881

Calvert Cash Reserves Fund, LLC

 

D86A


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