EXHIBIT (E)(3)
SECOND AMENDMENT TO THE
DISTRIBUTION AGREEMENT
This Second Amendment is entered into as of the 3rd day of May, 1999 in
order to amend the Distribution Agreement dated November 15, 1996 (the
"Distribution Agreement"), as amended November 15, 1998, by and between Kobren
Insight Funds (the "Trust") on behalf of each of the funds listed on Schedule A
to the Distribution Agreement and Kobren Insight Brokerage, Inc. (the
"Distributor").
WHEREAS, the Trust and the Distributor have entered previously into the
Distribution Agreement; and
WHEREAS, pursuant to Section 6 of the Distribution Agreement, the Trust
and the Distributor wish to amend Schedule A of said Agreement.
NOW, THEREFORE, the parties hereto agree to amend the Distribution
Agreement as follows:
1. Schedule A of the Distribution Agreement is hereby modified and
amended to delete Kobren Conservative Allocation Fund from the names of the
series as follows:
SCHEDULE A SCHEDULE A AS AMENDED
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Kobren Growth Fund Kobren Growth Fund
Kobren Moderate Growth Fund Kobren Moderate Growth Fund
Kobren Conservative Allocation Fund Kobren Delphi Value Fund
Kobren Delphi Value Fund
2. All other terms and conditions of the Distribution Agreement shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed on the date set forth above.
KOBREN INSIGHT FUNDS, on behalf of the Funds
listed on Schedule A to the Distribution Agreement
By: /s/ Xxxx X. Xxxxxx
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Name: Xxxx X. Xxxxxx
Title: President
KOBREN INSIGHT BROKERAGE, INC.
By: /s/ Xxxx X. Xxxxxx
------------------------
Name: Xxxx X. Xxxxxx
Title: President
