Exhibit (e)3
AMENDMENT
TO
UNDERWRITING AGREEMENT
This Amendment (the "Amendment") is made as of the 1st day of April,
2008, by and among Allegiant Funds (the "Trust") and Professional Funds
Distributor, LLC ("PFD").
WHEREAS, the Trust and PFD entered into an Underwriting Agreement dated as
of May 1, 2003, relating to PFD's provision of underwriting services to the
Trust; and
WHEREAS, pursuant to Section 16 of the Agreement, the parties wish to
amend the Agreement as set forth below.
NOW THEREFORE, the Agreement shall be amended as follows:
1. All references in the Agreement to "Armada Funds" shall be deemed to
refer to "Allegiant Funds."
2. The first sentence of Section 9 is hereby deleted and replaced in its
entirety with the following: "As compensation for services rendered by PFD
during the term of this Agreement, the Fund will pay to PFD a fee or fees
as may be agreed to in writing by the Fund and PFD. Such fees shall be
paid pursuant to the Rule 12b-1 plans, as amended, adopted by the Fund's
Board of Trustees."
3. Except as amended hereby, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed by their duly authorized officers designated below on the date and
year first above written.
ALLEGIANT FUNDS
By: /s/ Xxxxxxxx X. Xxxx
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Name: Xxxxxxxx X. Xxxx
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Title: Chief Administrative Officer
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PROFESSIONAL FUNDS DISTRIBUTOR, LLC
By: /s/ Xxxxxx X. Xxxxxxxxx
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Name: Xxxxxx X. Xxxxxxxxx
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Title: President
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