Document:

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                                                                 EXHIBIT 10.9(b)

               FORM OF RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS
                               DATED JUNE 5, 2001
            BETWEEN THE FUNDS LISTED BELOW AND NUVEEN ADVISORY CORP.

Attached is a copy of a Form of Renewal of Investment Management Agreement,
dated June 5, 2001, by and between each of the funds listed below (which were
active as of December 31, 2001) and Nuveen Advisory Corp. Copies of agreements,
identical in nature except for the name of the fund, were entered into by the
following funds:

         FUND NAME

         Nuveen Premium Income Municipal Fund, Inc.
         Nuveen Performance Plus Municipal Fund, Inc.
         Nuveen California Performance Plus Municipal Fund, Inc.
         Nuveen New York Performance Plus Municipal Fund, Inc.
         Nuveen Municipal Advantage Fund, Inc.
         Nuveen Municipal Market Opportunity Fund, Inc.
         Nuveen California Municipal Market Opportunity Fund, Inc.
         Nuveen Investment Quality Municipal Fund, Inc.
         Nuveen California Investment Quality Municipal Fund, Inc.
         Nuveen New York Investment Quality Municipal Fund, Inc.
         Nuveen Insured Quality Municipal Fund, Inc.
         Nuveen Florida Investment Quality Municipal Fund, Inc.
         Nuveen New Jersey Investment Quality Municipal Fund, Inc.
         Nuveen Pennsylvania Investment Quality Municipal Fund
         Nuveen Select Quality Municipal Fund, Inc.
         Nuveen California Select Quality Municipal Fund, Inc.
         Nuveen New York Select Quality Municipal Fund, Inc.
         Nuveen Quality Income Municipal Fund, Inc.
         Nuveen Insured Municipal Opportunity Fund, Inc.
         Nuveen Florida Quality Income Municipal Fund, Inc.
         Nuveen Michigan Quality Income Municipal Fund, Inc.
         Nuveen Ohio Quality Income Municipal Fund, Inc.
         Nuveen Texas Quality Income Municipal Fund
         Nuveen California Quality Income Municipal Fund, Inc.
         Nuveen New York Quality Income Municipal Fund, Inc.
         Nuveen Premier Municipal Income Fund, Inc.
         Nuveen Premier Insured Municipal Income Fund, Inc.
         Nuveen Premium Income Municipal Fund 2, Inc.
         Nuveen Arizona Premium Income Municipal Fund, Inc.
         Nuveen Insured California Premium Income Municipal Fund, Inc.
         Nuveen Insured Florida Premium Income Municipal Fund
         Nuveen Michigan Premium Income Municipal Fund, Inc.

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                           FUND NAME (CON'T)

         Nuveen Insured New York Premium Income Municipal Fund, Inc.
         Nuveen New Jersey Premium Income Municipal Fund, Inc.
         Nuveen Premium Income Municipal Fund 4, Inc.
         Nuveen Insured California Premium Income Municipal Fund 2, Inc.
         Nuveen Maryland Premium Income Municipal Fund
         Nuveen Massachusetts Premium Income Municipal Fund
         Nuveen Pennsylvania Premium Income Municipal Fund 2
         Nuveen Virginia Premium Income Municipal Fund
         Nuveen Connecticut Premium Income Municipal Fund
         Nuveen Georgia Premium Income Municipal Fund
         Nuveen Missouri Premium Income Municipal Fund
         Nuveen North Carolina Premium Income Municipal Fund
         Nuveen California Premium Income Municipal Fund
         Nuveen Insured Premium Income Municipal Fund 2
         Nuveen Municipal Value Fund, Inc.
         Nuveen California Municipal Value Fund, Inc.
         Nuveen New York Municipal Value Fund, Inc.
         Nuveen Municipal Income Fund, Inc.
         Nuveen Select Maturities Municipal Fund
         Nuveen California Dividend Advantage Municipal Fund
         Nuveen New York Dividend Advantage Municipal Fund
         Nuveen Dividend Advantage Municipal Fund
         Nuveen Arizona Dividend Advantage Municipal Fund
         Nuveen Connecticut Dividend Advantage Municipal Fund
         Nuveen Maryland Dividend Advantage Municipal Fund
         Nuveen Massachusetts Dividend Advantage Municipal Fund
         Nuveen North Carolina Dividend Advantage Municipal Fund
         Nuveen Virginia Dividend Advantage Municipal Fund
         Nuveen Dividend Advantage Municipal Fund 2
         Nuveen California Dividend Advantage Municipal Fund 2
         Nuveen New Jersey Dividend Advantage Municipal Fund
         Nuveen New York Dividend Advantage Municipal Fund 2
         Nuveen Ohio Dividend Advantage Municipal Fund
         Nuveen Pennsylvania Dividend Advantage Municipal Fund
         Nuveen Dividend Advantage Municipal Fund 3
         Nuveen California Dividend Advantage Municipal Fund 3
         Nuveen Georgia Dividend Advantage Municipal Fund
         Nuveen Maryland Dividend Advantage Municipal Fund 2
         Nuveen Michigan Dividend Advantage Municipal Fund
         Nuveen Ohio Dividend Advantage Municipal Fund 2
         Nuveen North Carolina Dividend Advantage Municipal Fund 2
         Nuveen Virginia Dividend Advantage Municipal Fund 2

Pursuant to the instructions to Item 601 of Regulation S-K, the Registrant is
filing only the representative of the Renewal of Investment Management Agreement
by and between each of the above listed funds, as of December 31, 2001, and
Nuveen Advisory Corp. Copies of the actual Renewal of Investment Management
Agreements by and between each of the above funds and Nuveen Advisory Corp. have
not been attached.

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                                                                 EXHIBIT 10.9(b)

                   RENEWAL OF INVESTMENT MANAGEMENT AGREEMENTS
                               DATED JUNE 5, 2001
            BETWEEN THE FUNDS LISTED BELOW AND NUVEEN ADVISORY CORP.

Attached is a copy of a Form of Renewal of Investment Management Agreement,
dated June 5, 2001, by and between each of the funds listed below (which were
active as of December 31, 2001) and Nuveen Advisory Corp. Copies of agreements,
identical in nature except for the name of the fund, were entered into by the
following funds:

         FUND NAME

         Nuveen Municipal Trust
         Nuveen Multistate Trust I
         Nuveen Multistate Trust II
         Nuveen Multistate Trust III
         Nuveen Multistate Trust IV
         Nuveen Money Market Trust
         Nuveen Municipal Money Market Fund, Inc.

Pursuant to the instructions to Item 601 of Regulation S-K, the Registrant is
filing only the representative of the Renewal of Investment Management Agreement
by and between each of the above listed funds, as of December 31, 2001, and
Nuveen Advisory Corp. Copies of the actual Renewal of Investment Management
Agreements by and between each of the above funds and Nuveen Advisory Corp. have
not been attached.

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                                                                 EXHIBIT 10.9(b)

                                 [NAME OF FUND]

                   RENEWAL OF INVESTMENT MANAGEMENT AGREEMENT

This Agreement made this 5th day of June 2001 by and between [Fund Name], a
___________________ [corporation][trust] (the "Fund"), and Nuveen Advisory
Corp., a Delaware corporation (the "Adviser");

WHEREAS, the parties hereto are the contracting parties under that certain
Investment Management Agreement (the "Agreement") pursuant to which the Adviser
furnishes investment management and other services to the Fund; and

WHEREAS, the Agreement terminates August 1, 2001 unless continued in the manner
required by the Investment Company Act of 1940; and

WHEREAS, the Board of Directors, at a meeting called for the purpose of
reviewing the Agreement, have approved the Agreement and its continuance until
August 1, 2002 in the manner required by the Investment Company Act of 1940.

NOW THEREFORE, in consideration of the mutual covenants contained in the
Agreement the parties hereto do hereby continue the Agreement in effect until
August 1, 2002 and ratify and confirm the Agreement in all respects.

                                             [FUND NAME]

                                             By:
                                                --------------------------------
                                                         Vice President

ATTEST:

-------------------------------------
         Assistant Secretary

                                             NUVEEN ADVISORY CORP.

                                             By:
                                                --------------------------------
                                                         Vice President

ATTEST:

-------------------------------------
         Assistant Secretary<PAGE>
                                                                   EXHIBIT 10.10

                         INVESTMENT MANAGEMENT AGREEMENT

AGREEMENT made this 10th day of March, 1992, by and between NUVEEN SELECT
TAX-FREE INCOME PORTFOLIO, a Massachusetts business trust (the "Fund"), and
NUVEEN INSTITUTIONAL ADVISORY CORP., a Delaware corporation (the "Adviser").

                               W I T N E S S E T H

In consideration of the mutual covenants hereinafter contained, it is hereby
agreed by and between the parties hereto as follows:

1. The Fund hereby employs the Adviser, subject to the direction and supervision
of the Board of Trustees of the Fund for the period and upon the terms herein
set forth, to invest the net proceeds of the offering of the Fund's shares and
thereafter to maintain surveillance over the assets of the Fund, to invest and
reinvest the Fund's cash flow, and to make such adjustments to the Fund's
portfolio as it deems appropriate, all as described in, and subject to the
Fund's investment objective policies, restrictions and limitations with respect
to securities investments as set forth in the Fund's then current registration
statement under the Investment Company Act Of 1940, and all applicable laws and
the regulations of the Securities and Exchange Commission relating to the
management of registered closed-end, diversified management investment
companies; and to administer the Fund's business affairs.

The Adviser accepts such employment and agrees during such period to render such
services, to furnish office facilities and equipment and clerical, bookkeeping
and administrative services

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                                      - 2 -

(other than such services, if any, provided by the Fund's transfer agent) for
the Fund, to permit any of its officers or employees to serve without
compensation as directors or officers of the Fund if elected to such positions,
and to assume the obligations herein set forth for the compensation herein
provided. The Adviser shall, for all purposes herein provided, be deemed to be
an independent contractor and, unless otherwise expressly provided or
authorized, shall have no authority to act for or represent the Fund in any way,
nor otherwise be deemed an agent of the Fund.

2. For the services and facilities described in Section 1, the Fund will pay to
the Adviser: (a) a one time portfolio structuring fee in an amount equal to 1.5%
of the net proceeds of the offering of the Fund's shares, after payment of
underwriting discounts and organization and offering costs and payable on the
first day of the month following the month during which the proceeds of the
offering of the Fund's shares are received; and (b) a surveillance and
administration fee commencing with the first day of the seventh month following
the month during which the proceeds of the offering of the Fund's shares are
received, and payable in arrears at the end of each calendar month, computed at
an annual rate of .25 of 1% of the average daily net assets for the first $500
million in net assets of the Fund, .225 of 1% of average daily net assets in
excess of $500 million but not more than $1 billion, and .20 of 1% of average
daily net assets in excess of $1 billion. For the month and year in which this
Agreement terminates there shall be an appropriate proration of the surveillance
and administration fee based on the basis of the number of days that the
Agreement shall have been in effect during the month and year, respectively.

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                                      - 3 -

The services of the Adviser to the Fund under this Agreement are not to be
deemed exclusive, and the Adviser shall be free to render similar services or
other services to others so long as its services hereunder are not impaired
thereby.

3. The Adviser shall arrange for officers or employees of the Adviser to serve,
without compensation from the Fund, as directors, officers or agents of the
Fund, if duly elected or appointed to such positions, and subject to their
individual consent and to any limitations imposed by law.

4. Subject to applicable statutes and regulations, it is understood that
officers, directors, or agents of the Fund are, or may be, interested in the
Adviser as officers, directors, agents, shareholders or otherwise, and that the
officers, directors, shareholders and agents of the Adviser may be interested in
the Fund otherwise than as directors, officers or agents.

5. The Adviser shall not be liable for any loss sustained by reason of the
purchase, sale or retention of any security, whether or not such purchase, sale
or retention shall have been based upon the investigation and research made by
any other individual, firm or corporation, if such recommendation shall have
been selected with due care and in good faith, except loss resulting from
willful misfeasance, bad faith, or gross negligence on the part of the Adviser
in the performance of its obligations and duties, or by reason of its reckless
disregard of its obligations and duties under this Agreement.

6. The Adviser currently manages other investment accounts and funds, including
those with investment objectives similar to the Fund, and specifically including
the account of John Nuveen

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                                      - 4 -

& Co. Incorporated, its corporate parent, with respect to purchases of municipal
securities for John Nuveen & Co. Incorporated's unit investment trust
accumulation account. The Adviser reserves the right to manage other investment
accounts and funds in the future. Securities considered as investments for the
Fund may also be appropriate for other investment accounts and funds that may be
managed by the Adviser. Subject to applicable laws and regulations, the Adviser
will attempt to allocate equitably portfolio transactions among the portfolios
of its other investment accounts and funds purchasing securities whenever
decisions are made to purchase or sell securities by the Fund and one or more of
such other accounts or funds simultaneously. In making such allocations, the
main factors to be considered by the Adviser will be the respective investment
objectives of the Fund and such other accounts and funds, the relative size of
portfolio holdings of the same or comparable securities, the availability of
cash for investment by the Fund and such other accounts and funds, the size of
investment commitments generally held by the Fund and such accounts and funds,
and the opinions of the persons responsible for recommending investments to the
Fund and such other accounts and funds.

The Adviser is an affiliate of Nuveen Advisory Corp., another wholly-owned
subsidiary of John Nuveen & Co. Incorporated. Nuveen Advisory Corp. acts as
Investment Adviser to the several Nuveen open-end diversified management
investment companies and a number of Nuveen closed-end diversified management
investment companies, each of which invests in municipal obligations and has
investment objectives similar to those of the Fund. The Adviser will act
independently of Nuveen Advisory Corp., but situations may occur in which the
Adviser and Nuveen Advisory Corp. are called upon to allocate portfolio
transactions among their various investment accounts. In making any such
allocations, the Adviser and Nuveen Advisory Corp. will take into account the
factors described above.

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                                      - 5 -

7. This Agreement shall continue in effect until August 1, 1993, unless and
until terminated by either party as hereinafter provided, and shall continue in
force from year to year thereafter, but only as long as such continuance is
specifically approved, at least annually, in the manner required by the
Investment Company Act of 1940.

   This Agreement shall automatically terminate in the event of its assignment,
and may be terminated at any time without the payment of any penalty by the Fund
or by the Adviser upon sixty (60) days' written notice to the other party. The
Fund may effect termination by action of the Board of Trustees or by vote of a
majority of the outstanding voting securities of the Fund, accompanied by
appropriate notice.

   This Agreement may be terminated, at any time, without the payment of any
penalty, by the Board of Trustees of the Fund, or by vote of a majority of the
outstanding voting securities of the Fund, in the event that it shall have been
established by a court of competent jurisdiction that the Adviser, or any
officer or director of the Adviser, has taken any action which results in a
breach of the covenants of the Adviser set forth herein.

   Termination of this Agreement shall not affect the right of the Adviser to
receive payments on any unpaid balance of the compensation, described in Section
2, earned prior to such termination.

8. If any provision of this Agreement shall be held or made invalid by a court
decision, statute, rule, or otherwise, the remainder shall not be thereby
affected.

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                                      - 6 -

9.  Any notice under this Agreement shall be in writing, addressed and delivered
or mailed, postage prepaid, to the other party at such address as such other
party may designate for receipt of such notice.

10. The Fund's Declaration of Trust is on file with the Secretary of the
Commonwealth of Massachusetts. This Agreement is executed on behalf of the Fund
by the Fund's officers as officers and not individually and the obligations
imposed upon the Fund by this Agreement are not binding upon any of the Fund's
Trustees, officers or shareholders individually but are binding only upon the
assets and property of the Fund.

   IN WITNESS WHEREOF, the Fund and the Adviser have caused this Agreement to be
executed on the day and year above written.

                                        NUVEEN SELECT TAX-FREE INCOME PORTFOLIO

                                        by: /s/
                                            ------------------------------
                                                    Vice President

Attest: /s/ LARRY MARTIN
        --------------------------
           Assistant Secretary

                                        NUVEEN INSTITUTIONAL ADVISORY CORP.

                                        by: /s/
                                            ------------------------------
                                                    Vice President

Attest: /s/
        --------------------------
           Assistant Secretary

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