Imbue with Touch
(Enchantment)

Range:  0
Components:  V, S, M
Duration:  2 rounds
Casting Time:  1 round
Area of Effect:  Object of size S or M touched
Saving Throw:  None

The object that this spell is cast upon is imbued with the ability to deliver the effects of one touch-based spell subsequently cast upon it. The caster must handle the item completely for the entire round this spell is cast, and must then cast a touch-based spell and touch the item. This second spell takes effect on the next creature to come in contact with the object who is not already touching it.
Thus, a wizard could cast imbue with touch upon an arrow, hand the arrow to his fighter companion, cast shocking grasp upon the item, while the fighter holds his shot until after the wizard has touched the arrow, thus imbuing it with the shocking power. Then, when the fighter releases the arrow, the creature it strikes receives not only arrow damage, but the effects of the shocking grasp as well.
The material component for this spell is a specially prepared oil, used to anoint the object being imbued with the touch power.

