Exhibit (e)(2)
THE GALAXY VIP FUND
DISTRIBUTION AGREEMENT
Amendment No. 1
__________, 2001
PFPC Distributors, Inc.
0000 Xxxxxxx Xxxxx
Xxxx xx Xxxxxxx, XX 00000
Dear Sirs:
This letter is to confirm that the undersigned, The Galaxy VIP Fund
(the "Trust"), a Massachusetts business trust, has agreed that the Distribution
Agreement between the Trust and PFPC Distributors, Inc. ("PFPC Distributors")
dated as of January 2, 2001 (the "Agreement") is herewith amended to add the
following additional distribution services:
PFPC Distributors shall establish (i) four external wholesaler
positions who will focus exclusively on increasing the sales and assets
of the Trust, The Galaxy Fund and Galaxy Fund II and (ii) eight
internal wholesaler positions who will concentrate exclusively on
building relationships and growing the assets of the Trust, The Galaxy
Fund and Galaxy Fund II via the Alliance partner distribution channel.
In addition, PFPC Distributors shall fund additional distribution and
marketing initiatives as identified by Fleet Investment Management.
If the foregoing is in accordance with your understanding, will you so
indicate by signing and returning to us the enclosed copy hereof.
Very truly yours,
THE GALAXY VIP FUND
By:
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Name: Xxxx X. X'Xxxxx
Title: President
Accepted:
PFPC DISTRIBUTORS, INC.
By:
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Name:
Title:
