LETTER AGREEMENT

LETTER AGREEMENT

ALPS Distributors, Inc.

0000 Xxxxxxxx, Xxxxx 0000

Xxxxxx, XX 00000

Re: Distribution Agreement

This Letter Agreement relates to the Distribution Agreement between Xxxxxxx Exchange Traded Funds Trust (“RET”) and ALPS Distributors, Inc. (“ALPS”) dated November 1, 2011, as amended (the “Distribution Agreement”). RET advises you that it is liquidating each of the funds listed in Appendix A (the “Passively-Managed Funds”) and that RET desires to remove the Passively-Managed Funds from the Distribution Agreement as of the date of the liquidation of the funds.

Please indicate your acceptance to remove the Passively-Managed Funds from the Distribution Agreement by executing this letter agreement and returning it to the undersigned.

Sincerely,

XXXXXXX EXCHANGE TRADED FUNDS TRUST
By:		/s/ Xxxx X. Xxxxxxx
		Xxxx X. Xxxxxxx
		Treasurer
Accepted this 31 day of October 2012.
ALPS DISTRIBUTORS, INC.
By:		/s/ Xxxxxx X. Xxxxxx
Its:		Xxxxxx X. Xxxxxx, President

APPENDIX A

Xxxxxxx 1000 Low Beta ETF

Xxxxxxx 1000 High Beta ETF

Xxxxxxx 1000 Low Volatility ETF

Xxxxxxx 1000 High Volatility ETF

Xxxxxxx 1000 High Momentum ETF

Xxxxxxx 2000 Low Beta ETF

Xxxxxxx 2000 High Beta ETF

Xxxxxxx 2000 Low Volatility ETF

Xxxxxxx 2000 High Volatility ETF

Xxxxxxx 2000 High Momentum ETF

Xxxxxxx Aggressive Growth ETF

Xxxxxxx Consistent Growth ETF

Xxxxxxx Growth at a Reasonable Price ETF

Xxxxxxx Contrarian ETF

Xxxxxxx Equity Income ETF

Xxxxxxx Low P/E ETF

Xxxxxxx Xxxxx & Mid Cap Defensive Value ETF

Xxxxxxx Xxxxx Cap Defensive Value ETF

Xxxxxxx One World Large Cap ETF

Xxxxxxx One World Large Cap Growth ETF

Xxxxxxx One World Large Cap Value ETF

Xxxxxxx One World Small Cap ETF

Xxxxxxx One World Small Cap Growth ETF

Xxxxxxx One World Small Cap Value ETF

Xxxxxxx One World All Cap ETF

Xxxxxxx One World All Cap Growth ETF

Xxxxxxx One World All Cap Value ETF

Xxxxxxx One World ex-U.S. Large Cap ETF

Xxxxxxx One World ex-U.S. Large Cap Growth ETF

Xxxxxxx One World ex-U.S. Large Cap Value ETF

Xxxxxxx One World ex-U.S. Small Cap ETF

Xxxxxxx One World ex-U.S. Small Cap Growth ETF

Xxxxxxx One World ex-U.S. Small Cap Value ETF

Xxxxxxx One World ex-U.S. ETF

Xxxxxxx One World ex-U.S. Growth ETF

Xxxxxxx One World ex-U.S. Value ETF

Xxxxxxx Developed ex-U.S. Large Cap ETF

Xxxxxxx Emerging Markets Large Cap ETF

Xxxxxxx Xxxxx Cap Consistent Growth ETF

Xxxxxxx Xxxxx Cap Low P/E ETF

Xxxxxxx Xxxxx Cap Contrarian ETF

Xxxxxxx Xxxxx Cap Aggressive Growth ETF

Xxxxxxx Developed ex-U.S. High Momentum ETF

Xxxxxxx Developed ex-U.S. High Beta ETF

Xxxxxxx Developed ex-U.S. Low Beta ETF

Xxxxxxx Developed ex-U.S. High Volatility ETF

Xxxxxxx Developed ex-U.S. Low Volatility ETF

Xxxxxxx High Dividend Yield ETF

Xxxxxxx Xxxxx Cap High Dividend Yield ETF

Xxxxxxx International High Dividend Yield ETF