AMENDMENT TO
DISTRIBUTION SERVICES AGREEMENT
AMENDMENT made this 4th day of June, 1996 between ALLIANCE
BOND FUND, INC., a Maryland corporation (the "Fund"), and
ALLIANCE FUND DISTRIBUTORS, INC., a Delaware corporation (the
"Underwriter").
WITNESSETH
WHEREAS, the Fund and the Underwriter wish to amend the
Distribution Services Agreement dated as of July 22, 1992
(amended April 30, 1993) (the "Agreement") in the manner set
forth herein;
NOW, THEREFORE, the parties agree as follows:
1. Amendment of Agreement. Section 1 and the first full
paragraph of Section 4(a) of the Agreement are hereby amended and
restated to read as follows:
"Section 1. Appointment of Underwriter. The Fund
hereby appoints the Underwriter as the principal underwriter and
distributor of the Fund to sell 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"), and
shares of such other class or classes as the Fund and the
Underwriter shall from time to time mutually agree shall become
subject to the Agreement ("New shares"), (the Class A shares,
Class B shares, Class C shares, Advisor Class shares, and New
shares shall be 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 set forth
herein."
"Section 4(a). Any of the outstanding shares may be
tendered for redemption at any time, and the Fund agrees to
redeem or repurchase the shares so tendered in accordance with
its obligations as set forth in Section 3 of ARTICLE FIFTH of its
Articles of Incorporation and in accordance with the applicable
provisions set forth in the Prospectus and Statement of
Additional Information. The price to be paid to redeem or
repurchase the shares shall be equal to the net asset value
calculated in accordance with the provisions of Section 3(c)
hereof, less any applicable sales charge. All payments by the
Fund hereunder shall be made in the manner set forth below. The
redemption or repurchase by the Fund of any of the Class A shares
purchased by or through the Underwriter will not effect the
initial sales charge secured by the Underwriter or any selected
dealer or compensation paid to any selected agent (unless such
selected dealer or selected agent has otherwise agreed with the
Underwriter), in the course of the original sale, regardless of
the length of the time period between the purchase by an investor
and his tendering for redemption or repurchase."
2. Class References. Any and all references in the
Agreement to "Class Y shares" are hereby amended to read "Advisor
Class shares".
3. No Other Changes. Except as provided herein, the
Agreement shall be unaffected hereby.
IN WITNESS WHEREOF, the parties hereto have executed this
Amendment to the Agreement.
ALLIANCE BOND FUND, INC.
By:/s/ Xxxxx X. Xxxxx
Xxxxx X. Xxxxx
Senior Vice President
ALLIANCE FUND DISTRIBUTORS, INC.
By:/s/ Xxxxxx X. Xxxxxx
Xxxxxx X. Xxxxxx
President
Accepted as of the date first written above:
ALLIANCE CAPITAL MANAGEMENT L.P.
By: Alliance Capital Management Corporation,
General Partner
By: /s/ Xxxx X. Xxxxxx
Xxxx X. Xxxxxx
President and Chief Operating Officer
2
00250123.AM5
