exhibit e(2)
FORM OF LETTER AGREEMENT
________ __, 2004
Citigroup Global Markets Inc.
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
RE: DISTRIBUTION AGREEMENT DATED AS OF SEPTEMBER 5, 2000
Ladies and Gentlemen:
We refer to that certain Distribution Agreement dated as of September 5,
2000 (the "Agreement"), among Citigroup Global Markets Inc. (formerly Xxxxxxx
Xxxxx Xxxxxx Inc.) and the trusts named below. Please sign below to confirm
your agreement that Exhibit A to the Agreement is hereby replaced in its
entirety with the attached Exhibit A, and that the Agreement as so amended
remains in full force and effect.
CITIFUNDS TRUST I
XXXXX XXXXXX TRUST II (f/k/a CitiFunds
Trust II)
CITIFUNDS TRUST III
CITIFUNDS TAX FREE RESERVES
CITIFUNDS FIXED INCOME TRUST
CITIFUNDS MULTI-STATE TAX FREE TRUST
SALOMON FUNDS TRUST (f/k/a CitiFunds Tax
Free Income Trust)
CITIFUNDS INTERNATIONAL TRUST
CITIFUNDS PREMIUM TRUST
CITIFUNDS INSTITUTIONAL TRUSt
VARIABLE ANNUITY PORTFOLIOS,
each on behalf of its series listed
on Exhibit A attached hereto
By:
-----------------------------------
Title:
-----------------------------------
Agreed:
CITIGROUP GLOBAL MARKETS INC.
By:
--------------------------------------------
Title:
--------------------------------------------
EXHIBIT A
TRUST AND FUND CLASSES OF SHARES EFFECTIVE DATE
----------------------------------------------------------------------------------------------------------------------
CITIFUNDS TRUST I
Citi Institutional Money Reserves Class A* March 27, 2003
Salomon Brothers Aggressive
Growth Fund Class A* ____________ __, 2004
Class B* ____________ __, 2004
Class C* ____________ __, 2004
Class O ____________ __, 2004
Class Y ____________ __, 2004
----------------------------------------------------------------------------------------------------------------------
Salomon Brothers All Cap
Growth Fund Class A* ____________ __, 2004
Class B* ____________ __, 2004
Class C* ____________ __, 2004
Class O ____________ __, 2004
Class Y ____________ __, 2004
----------------------------------------------------------------------------------------------------------------------
XXXXX XXXXXX TRUST II (FORMERLY CITIFUNDS TRUST II)
----------------------------------------------------------------------------------------------------------------------
Xxxxx Xxxxxx Small Cap Growth
Opportunities Fund Class A* September 11, 2000
Class B* September 11, 2000
Class L* September 11, 2000
Class Y September 11, 2000
----------------------------------------------------------------------------------------------------------------------
Xxxxx Xxxxxx International Large
Cap Fund Class A* April 30, 2002
Class B* April 30, 2002
Class L* April 30, 2002
Class Y April 30, 2002
----------------------------------------------------------------------------------------------------------------------
Xxxxx Xxxxxx Capital Class A* March 29, 2002
Preservation Fund Class B* March 29, 2002
Class L* March 29, 2002
----------------------------------------------------------------------------------------------------------------------
Xxxxx Xxxxxx Capital Class A* September 17, 2002
Preservation Fund II Class B* September 17, 2002
Class L* September 17, 2002
----------------------------------------------------------------------------------------------------------------------
Xxxxx Xxxxxx Short Duration
Municipal Income Fund Class A* March 3, 2003
Class B* March 3, 2003
Class L* March 3, 2003
Class Y March 3, 2003
----------------------------------------------------------------------------------------------------------------------
CITIFUNDS TRUST III
----------------------------------------------------------------------------------------------------------------------
Citi Cash Reserves Class N* January 1, 2001
----------------------------------------------------------------------------------------------------------------------
Citi U.S. Treasury Reserves Class N* January 1, 2001
----------------------------------------------------------------------------------------------------------------------
Citi California Tax Free Reserves Class N* December 7, 2001
----------------------------------------------------------------------------------------------------------------------
Citi Connecticut Tax Free Class N* December 7, 2001
Reserves Xxxxx Xxxxxx Connecticut
Money Market Portfolio - Class
A* December 7, 2001
Xxxxx Xxxxxx Connecticut Money
Market Portfolio - Class
Y December 7, 2001
----------------------------------------------------------------------------------------------------------------------
Citi New York Tax Free Class N* December 7, 2001
Reserves
----------------------------------------------------------------------------------------------------------------------
Citi Tax Free Reserves Class N* December 7, 2001
----------------------------------------------------------------------------------------------------------------------
SALOMON FUNDS TRUST
(FORMERLY CITIFUNDS TAX FREE INCOME TRUST)
----------------------------------------------------------------------------------------------------------------------
Salomon Brothers Mid Cap Fund Class A* June 19, 2001
Class B*
Class O
Class 2*
----------------------------------------------------------------------------------------------------------------------
Salomon Brothers National Tax Class A* September 5, 2000
Free Income Fund Class B*
Class O
Class 2*
----------------------------------------------------------------------------------------------------------------------
Salomon Brothers California Tax Class A* September 5, 2000
Free Income Fund Class B*
Class O
Class 2*
----------------------------------------------------------------------------------------------------------------------
Salomon Brothers New York Tax Class A* September 5, 2000
Free Income Fund Class B*
Class O
Class 2*
----------------------------------------------------------------------------------------------------------------------
CITIFUNDS PREMIUM TRUST
----------------------------------------------------------------------------------------------------------------------
Citi Premium Liquid Reserves* N/A January 1, 2001
----------------------------------------------------------------------------------------------------------------------
Citi Premium U.S. Treasury N/A January 1, 2001
Reserves*
----------------------------------------------------------------------------------------------------------------------
CITIFUNDS INSTITUTIONAL TRUST
----------------------------------------------------------------------------------------------------------------------
Citi Institutional Liquid Reserves Class A* January 1, 2001
SVB Securities Liquid Reserves January 1, 2001
Shares*
SVB Securities Institutional April 27, 2001
Liquid Reserves Shares*
----------------------------------------------------------------------------------------------------------------------
Citi Institutional U.S. Treasury Class A Shares (all shares of the January 1, 2001
Reserves Fund were designated class A
shares as of January 1, 2003)*
SVB Securities Institutional U.S. March 26, 2003
Treasury Reserves Shares*
----------------------------------------------------------------------------------------------------------------------
Citi Institutional Tax Free N/A* January 1, 2001
Reserves
----------------------------------------------------------------------------------------------------------------------
Citi Institutional Cash Reserves Class I* January 1, 2001
Class L* January 1, 2001
Class O* January 1, 2001
Class S* January 1, 2001
SVB Securities Horizon Shares* April 27, 2001
----------------------------------------------------------------------------------------------------------------------
Citi Institutional Enhanced Class I* August 17, 2002
Income Fund Class Y* August 17, 2002
SVB Securities Enhanced August 17, 2002
Income Shares*
----------------------------------------------------------------------------------------------------------------------
VARIABLE ANNUITY PORTFOLIOS
----------------------------------------------------------------------------------------------------------------------
Xxxxx Xxxxxx Small Cap Growth September 5, 2000
Opportunities Portfolio
----------------------------------------------------------------------------------------------------------------------
*Denotes Distribution and/or Service Plan under Rule 12b-1 under the Investment
Company Act of 1940, as amended.
