AMENDMENT TO THE DISTRIBUTION AGREEMENT
Exhibit (e)(3)
AMENDMENT TO THE DISTRIBUTION AGREEMENT
This amendment, effective January 1, 2021, amends the Distribution Agreement dated December 6, 2000, by and between Xxxxxxx Capital Management Investment Trust (the “Trust”) and Capital Investment
Group, Inc. (the “Distributor”) (collectively, the “Parties”).
WHEREAS, the Parties wish to amend the terms of the Distribution Agreement as noted herein;
NOW, THEREFORE, in consideration of valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
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1.
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The agreement is amended to add the following:
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10. Compensation. In addition to any commissions, fees or payments authorized by the Trustees under the Distribution Plan, the Trust will pay or cause to be paid to the Distributor for services provided and expenses
assumed by the Distributor the fee(s) provided in Schedule 1. Such fee(s) shall be paid to the Distributor in monthly installments.
IN WITNESS THEREOF, the parties hereto have caused this Agreement to be executed as of the date first written above.
| XXXXXXX CAPITAL MANAGEMENT INVESTMENT TRUST |
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| By: |
/s/ Xxxx Xxxxxxx | |
| Name: |
Xxxx X. Xxxxxxx | |
| Title: |
President |
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| CAPITAL INVESTMENT GROUP, INC. |
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| By: |
/s/ Xxx Xxxx | |
| Name: |
Xxx Xxxx |
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| Title: |
CCO and AVP | |
SCHEDULE 1
As of January 1, 2021
$[____] per annum per Fund
