AMENDMENT NO. 1
---------------
TO
--
DISTRIBUTION AGREEMENT
----------------------
AMENDMENT NO. 1, made this 28th day of February, 1989, between TRUST FOR
CREDIT UNIONS, a Massachusetts business trust (the "Fund"), and XXXXXXXX
FINANCIAL SERVICES, INC., a Delaware corporation (the "Distributor"), to
Distribution Agreement, dated May 10, 1988, between the Fund and the Distributor
(the "Distribution Agreement").
W I T N E S S E T H :
- - - - - - - - - -
WHEREAS, the Fund and the Distributor have entered into a Distribution
Agreement and such parties desire to amend such Agreement; and
WHEREAS, paragraph 5 of the Distribution Agreement provides such Agreement
may be amended subject to the fulfillment of certain conditions and such
conditions have been fulfilled.
NOW, THEREFORE, in consideration of the premises and mutual covenants
hereinafter set forth, the parties hereto agree as follows:
1. Paragraph 1 of the Distribution Agreement is amended such that the word
"exclusive" is deleted from the first sentence of such Section. A new last
sentence of paragraph 1 shall read as follows:
"The Distributor hereby acknowledges that the Fund and Xxxxxxx, Sachs & Co.
shall enter into a Distribution Agreement substantially identical to this
Agreement."
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed as of the day and year first above written.
TRUST FOR CREDIT UNIONS
Attest:
/s/ Xxxxx X. Xxxxxxx By: /s/ X.X. Xxxxxxx
----------------------- -------------------------
Secretary
XXXXXXXX FINANCIAL
SERVICES, INC.
Attest:
Xxxx X. Xxxxxxxx By: Xxxxxxx X. Xxxxxx
----------------------- -------------------------
-2-
