Exhibit (e)(2)
THE GALAXY FUND
DISTRIBUTION AGREEMENT
Amendment No. 1
May 31, 2001
PFPC Distributors, Inc.
0000 Xxxxxxx Xxxxx
Xxxx xx Xxxxxxx, XX 00000
Dear Sirs:
This letter is to confirm that the undersigned, The Galaxy Fund (the
"Trust"), a Massachusetts business trust, has agreed that the Distribution
Agreement between the Trust and PFPC Distributors, Inc. ("PFPC Distributors")
dated as of January 2, 2001 (the "Agreement") is herewith amended to add the
following additional distribution services:
PFPC Distributors shall (i) fund four external wholesaler positions
that will focus exclusively on increasing the sales and assets of the
Trust, The Galaxy VIP Fund and Galaxy Fund II and (ii) establish eight
internal wholesaler positions that will concentrate exclusively on
building relationships and growing the assets of the Trust, The Galaxy
VIP Fund and Galaxy Fund II via the Alliance partner distribution
channel. In addition, PFPC Distributors shall fund additional
distribution and marketing initiatives as identified by Fleet
Investment Management.
If the foregoing is in accordance with your understanding, will you so
indicate by signing and returning to us the enclosed copy hereof.
Very truly yours,
THE GALAXY FUND
By: /s/ Xxxx X. X'Xxxxx
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Name: Xxxx X. X'Xxxxx
Title: President
Accepted:
PFPC DISTRIBUTORS, INC.
By: /s/ Xxxxxxxxx X. Xxxxx
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Name: Xxxxxxxxx X. Xxxxx
Title: Chief Legal Officer and Secretary
