Exhibit (e)(7)
IVY FUND
FORM OF ADDENDUM TO
AMENDED AND RESTATED DISTRIBUTION AGREEMENT
Xxx Xxxxxxx Value Fund
Ivy Next Wave Internet Fund
Class A, Class B, Class C, Class I and Advisor Class Shares
AGREEMENT made as of the ___th day of ________, 2000, by and between
Ivy Fund (the "Trust") and Xxx Xxxxxxxxx Distributors, Inc. ("IMDI")(formerly
"Xxxxxxxxx Xxx Funds Distribution, Inc.").
WHEREAS, the Trust is registered as an open-end investment company
under the Investment Company Act of 1940, as amended, and consists of one or
more separate investment portfolios, as may be designated from time to time; and
WHEREAS, IMDI serves as the Trust's distributor pursuant to an Amended
and Restated Distribution Agreement dated March 16, 1999 (the "Agreement"); and
WHEREAS, the Trustees of the Trust have duly approved an amendment to
the Agreement to include the Class A, Class B, Class C, Class I and Advisor
Class shares (the "Shares") of Xxx Xxxxxxx Value Fund and Ivy Next Wave Internet
Fund (the "Funds"), respectively.
WHEREAS, the Shares were established and designated by the Board of
Trustees of the Trust by written consent made effective as of the date that the
Registration Statement for the Funds was filed with the Securities and Exchange
Commission ("SEC") in accordance with Rule 485(a)(2) under the Securities Act of
1933 (the "Securities Act").
NOW THEREFORE, the Trust and IMDI hereby agree as follows:
Effective as of the date the Registration Statement pertaining to Xxx
Xxxxxxx Value Fund and Ivy Next Wave Internet Fund filed with the SEC
pursuant to Rule 485(a)(2) under the Securities Act first becomes
effective, the Agreement shall relate in all respects to the Shares, in
addition to the classes of shares of the Funds and any other series of
the Trust specifically identified in Paragraph 1 of the Agreement and
any other Addenda thereto.
IN WITNESS WHEREOF, the Trust and IMDI have adopted this Addendum as of
the date first set forth above.
IVY FUND
By: __________________________
Xxxxx X. Xxxxxxxxx, President
XXX XXXXXXXXX DISTRIBUTORS, INC.
By: __________________________
Xxxxx X. Xxxxxxx, President
