AMENDMENT TO DISTRIBUTION AGREEMENT
April 11, 2003
Credit Suisse Asset Management
Securities, Inc.
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000-0000
Ladies and Gentlemen:
Pursuant to Section 13 of the Distribution Agreement (the
"Distribution Agreement") by and between Credit Suisse Opportunity Funds
(formerly DLJ Opportunity Funds) (the "Trust"), on behalf each series thereof
(each a "Fund" and together the "Funds"), and Credit Suisse Asset Management
Securities, Inc., dated December 18, 2000, the Distribution Agreement is hereby
amended to delete Section 9 and replace it in its entirety by the following:
9. With respect to the Common Class, Class A, Class B and
Class C Shares (as applicable), each Fund will compensate the
Distributor for its services in connection with distribution of Shares
by the Distributor in accordance with the terms of any plan of
distribution (each a "Plan" and, together, the "Plans") adopted by the
Trust on behalf of the Funds pursuant to Rule 12b-1 under the 1940
Act, as such Plans may be in effect from time to time, at the rates
set forth in Schedule A to this Agreement. The Trust reserves the
right to modify or terminate such Plans at any time as specified in
the Plans and Rule 12b-1, and this Section 9 shall thereupon be
modified or terminated to the same extent without further action of
the parties. In addition, this Section 9 and Schedule A to it may be
modified or terminated by the Trustees as set forth in Section 13
hereof. The persons authorized to direct the payment of funds pursuant
to this Agreement and the Plans shall provide the Trust's Boards of
Trustees, and the Trustees shall review, at least quarterly a written
report of the amounts so paid and the purposes for which such
expenditures were made. The amounts paid under this Agreement are in
addition to the amount of any initial sales charge or contingent
deferred sales charge, if any, paid to the Distributor pursuant to the
terms of the Fund's Registration Statement as in effect from time to
time.
In addition, the Distribution Agreement is hereby amended to
change the name of the Trust from DLJ Opportunity Funds to Credit Suisse
Opportunity Funds.
Except as expressly amended by this Amendment, the
Distribution Agreement shall remain in full force and effect as the same was in
effect immediately prior to the effectiveness of this Amendment. All references
in the Distribution Agreement to "this Agreement" shall be deemed to refer to
the Distribution Agreement as amended by this Amendment.
Please confirm that the foregoing is in accordance with your
understanding by indicating your acceptance hereof at the place below indicated,
whereupon it shall become a binding agreement between us.
Very truly yours,
CREDIT SUISSE OPPORTUNITY FUNDS
By: /s/Xxx Xxxxxx
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Name: Xxx Xxxxxx
Title: Vice President and Secretary
Accepted:
CREDIT SUISSE ASSET MANAGEMENT
SECURITIES, INC.
By: /s/Xxx Xxxxxx
--------------
Name: Xxx Xxxxxx
Title: Secretary
SCHEDULE A TO THE DISTRIBUTION AGREEMENT
DATED DECEMBER 18, 2000, AS AMENDED ON _________, 2003
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FUND COMMON CLASS CLASS A CLASS B CLASS C
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HIGH INCOME 0.25% 0.30% 1.00% 1.00%
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INTERNATIONAL 0.25% 0.25% 1.00% 1.00%
------------------------- ---------------------- ----------------------- ---------------------- ----------------------
MUNICIPAL MONEY N/A 0.25% N/A N/A
------------------------- ---------------------- ----------------------- ---------------------- ----------------------
U.S. GOVERNMENT MONEY N/A 0.25% N/A N/A
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