LETTER AGREEMENT

Exhibit (e)1.11

LETTER AGREEMENT

Xxxxxxx Fund Distributors, Inc.

000 X Xxxxxx

Xxxxxx, XX 00000

Re: Distribution Agreement

Pursuant to Introductory Section 1 of the Distribution Agreement between Xxxxxxx Investment Company (“RIC”) and Xxxxxxx Fund Distributors, Inc., dated January 1, 1999, RIC advises you that it is creating six new Funds to be named the Retirement Distribution Fund I – A Shares, Accelerated Distribution Fund I – A Shares, Extended Distribution Fund I – A Shares, Retirement Distribution Fund I – S Shares, Accelerated Distribution Fund I – S Shares and Extended Distribution Fund I – S Shares (the “New Funds”). RIC desires Xxxxxxx Fund Distributors, Inc. to serve as Distributor with respect to the Shares of each New Fund pursuant to the terms and conditions of the Distribution Agreement. The fees to be charged the Fund in return for the Distributor’s services are the same as in the Distribution Agreement.

Please indicate your acceptance to act as Distributor with respect to each Class of the New Funds by executing this letter agreement and returning it to the undersigned.

Sincerely,

XXXXXXX INVESTMENT COMPANY

By:

Xxxx X. Xxxxxxx

Treasurer

Accepted this      day of              2007

XXXXXXX FUND DISTRIBUTORS, INC.

By:

Xxxx X. Xxxxx

President