Exhibit (e)(9)
AMENDMENT TO DISTRIBUTION SERVICES AGREEMENT
AMENDMENT made as of November 2, 2007 to the Distribution Services
Agreement (the "Agreement") made as of July 22, 1992, as amended as of April 30,
1993, June 4, 1996 and September 13, 2006 between ALLIANCEBERNSTEIN GLOBAL BOND
FUND, 1NC., (formerly, AllianceBernstein Global Government Income Trust, Inc.) a
Maryland corporation (the "Fund"), and ALLIANCEBERNSTEIN INVESTMENTS, INC.
(formerly, AllianceBernstein Investment Research and Management, Inc.), a
Delaware corporation (the "Underwriter"). Capitalized terms not defined herein
have the meaning set forth in the Agreement.
WITNESSETH
WHEREAS, the Fund and the Underwriter are parties to the Agreement;
WHEREAS, the Fund has decided to sell to the public shares of its Class R
Common Stock, Class K Common Stock and Class I Common Stock in addition to its
shares of Class A Common Stock, Class B Common Stock, Class C Common Stock and
Advisor Class Common Stock;
WHEREAS, the Underwriter is willing to act, and the Fund wishes to appoint
the Underwriter, as underwriter and distributor of the shares of Class R Common
Stock, Class K Common Stock and Class I Common Stock of the Fund;
NOW, THEREFORE, the parties agree to amend the Agreement as follows:
1. Section 1 of the Agreement is amended by deleting it in its entirety
and replacing it with the following:
SECTION 1. Appointment of the Underwriter.
The Fund hereby appoints the Underwriter as the principal underwriter and
distributor of the Fund to sell to the public shares of its Class A Common Stock
(the "Class A shares"), Class B Common Stock (the "Class B shares"), Class C
Common Stock (the "Class C shares"), Advisor Class Common Stock (the "Advisor
Class shares"), Class R Common Stock (the "Class R shares"), Class K Common
Stock (the "Class K shares"), Class I Common Stock (the Class I shares") and
shares of such other class or classes as the Fund and the Underwriter shall from
time to time mutually agree in writing shall become subject to this Agreement
(the "New shares") (the Class A shares, the Class B shares, the Class C shares,
the Advisor Class shares, the Class R shares, the Class K shares, the Class I
shares and New shares being collectively referred to herein as the "shares") and
hereby agrees during the term of this Agreement to sell shares to the
Underwriter upon the terms and conditions herein set forth.
2. Section 5(b) of the Agreement is amended by deleting it in its entirety
and replacing it with the following:
(b) Except as may be required by FINRA rules and interpretations,
the Fund will pay to the Underwriter each month a distribution services fee that
will not exceed, on an annualized basis, .30% of the aggregate average daily net
assets of the Fund attributable to the Class A shares, 1.00% of the aggregate
average daily net assets of the Fund attributable to the Class B shares, 1.00%
of the aggregate average daily net assets of the Fund attributable to the Class
C shares, 0.50% of the aggregate average daily net assets of the Fund
attributable to Class R shares and 0.25% of the aggregate average daily net
assets of the Fund attributable to Class K shares. The distribution services fee
will be used in its entirety by the Underwriter to make payments (i) to
compensate broker-dealers or other persons for providing distribution
assistance, (ii) to otherwise promote the sale of shares of the Fund, including
payment for the preparation, printing and distribution of prospectuses and sales
literature or other promotional activities, and (iii) to compensate
broker-dealers, depository institutions and other financial intermediaries for
providing administrative, accounting and other services with respect to the
Fund's shareholders. A portion of the distribution services fee that will not
exceed, on an annualized basis, .25% of the aggregate average daily net assets
of the Fund attributable to each of the Class A shares, Class B shares, Class C
shares, Class R shares and Class K shares will constitute a service fee that
will be used by the Underwriter for personal service and/or the maintenance of
shareholder accounts within the meaning of FINRA rules and interpretations.
3. Section 5(f) of the Agreement is amended by deleting it in its entirety
and replacing it with the following:
(f) The Fund is not obligated to pay any distribution expenses in
excess of the distribution services fee described above in Section 5 (b) hereof.
Any expenses of distribution of the Fund's Class A shares accrued by the
Underwriter in one fiscal year of the Fund may not be paid from distribution
services fees received from the Fund in respect of Class A shares in another
fiscal year. Any expenses of distribution of the Fund's Class B shares, Class C
shares, Class R shares and Class K shares accrued by the Underwriter in one
fiscal year of the Fund may be carried forward and paid from distribution
services fees received from the Fund in respect of such class of shares in
another fiscal year. No portion of the distribution services fees received from
the Fund in respect of Class A shares may be used to pay any interest expense,
carrying charges or other financing costs or allocation of overhead of the
Underwriter. The distribution services fees received from the Fund in respect of
Class B shares, Class C shares, Class R shares and Class K shares may be used to
pay interest expenses, carrying charges and other financing costs or allocation
of overhead of the Underwriter to the extent permitted by Securities and
Exchange Commission rules, regulations or Securities and Exchange Commission
staff no-action or interpretative positions in effect from time to time. In the
event this Agreement is terminated by either party or is not continued with
respect to a class of shares as provided in Section 12 below: (i) no
distribution services fees (other than current amounts accrued but not yet paid)
will be owed by the Fund to the Underwriter with respect to that class, and (ii)
the Fund will not be obligated to pay the Underwriter for any amounts expended
hereunder not previously reimbursed by the Fund from distribution services fees
in respect of shares of such class or recovered through deferred sales charges.
The distribution services fee of a particular class may not be used to subsidize
the sale of shares of any other class.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to the
Agreement.
ALLIANCEBERNSTEIN GLOBAL
BOND FUND, INC.
By: /s/ Xxxxxx Xxxxx
--------------------------
Name: Xxxxxx Xxxxx
Title:
ALLIANCEBERNSTEIN
INVESTMENTS, INC.
By: /s/ Xxxxxx X. Xxxxxxx
--------------------------
Name: Xxxxxx X. Xxxxxxx
Title:
Accepted
as of the date written above:
ALLIANCEBERNSTEIN L.P.
By: /s/ Xxxx Xxxxxx
-------------------------
Name: Xxxx Xxxxxx
Title:
