Exhibit (e)(2)
Letter Agreement adding Citizens Value Fund
to the Distribution Agreement
Exhibit (e)(2)
CITIZENS FUNDS
000 Xxxxxxxx Xxx
Xxxxx 000
Xxxxxxxxxx, XX 00000
September 24, 2001
Citizens Securities, Inc.
000 Xxxxxxxx Xxx
Xxxxx 000
Xxxxxxxxxx, XX 00000
Re: Citizens Funds - Distribution Agreement
Ladies and Gentlemen:
Pursuant to the Distribution Agreement dated as of May 17, 1999 (the
"Agreement"), between Citizens Funds (the "Trust") and Citizens Securities, Inc.
(the "Distributor"), we hereby request that Citizens Value Fund (the "Fund") be
added to the list of series of the Trust contained in Section 4(a)(vii) of the
Agreement to which the Distributor renders services as distributor under the
terms of the Agreement. Fees to be paid to the Distributor with respect to the
Standard Class shares of the Fund will be 0.25% per annum of average daily net
assets for Standard Class shares of the Fund.
Please sign below to evidence your agreement to render such services as
distributor on behalf of the Fund as a beneficiary under the Agreement.
CITIZENS FUNDS
By: Xxxx X. Xxxxxxx
--------------------------
Title: President
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Agreed:
CITIZENS SECURITIES, INC.
By: Xxxx X. Xxxxxxx
--------------------------
Title: President
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