February 2, 2016
First Trust Exchange-Traded Fund VII
000 Xxxx Xxxxxxx Xxxxx
Xxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
This letter supersedes that certain letter agreement by and among First
Trust Portfolios L.P. and First Trust Exchange-Traded Fund VII (the "Trust"),
dated as of March 30, 2015, with respect to the Trust. It is hereby acknowledged
that First Trust Portfolios L.P. serves as the distributor of the shares of each
series of the Trust. The Trust is an open-end management investment company
registered under the Investment Company Act of 1940, as amended (the "1940
Act"), comprised of the exchange-traded fund (the "Fund") set forth on Exhibit A
attached hereto, which may be amended from time to time.
It is further acknowledged that the Trust has adopted a Distribution and
Service Plan (the "Plan") pursuant to Rule l2b-1 under the 1940 Act with respect
to the shares of beneficial interest ("Shares") of the Fund. Pursuant to the
Plan, the Fund may bear a fee not to exceed 0.25% per annum of the Fund's
average daily net assets.
The purpose of this letter agreement is to agree and acknowledge that the
Fund shall not pay, and we shall not collect, any fees pursuant to the Plan any
time before the date set forth on Exhibit A attached hereto for the Fund.
Very Truly Yours,
FIRST TRUST PORTFOLIOS L.P.
/s/ Xxxxxx Xxxxxxxxxx
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Name: Xxxxxx Xxxxxxxxxx
Title: President
AGREED AND ACKNOWLEDGED:
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FIRST TRUST EXCHANGE-TRADED FUND VII
/s/ Xxxxx X. Xxxxx
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Name: Xxxxx X. Xxxxx
Title: President and CEO
EXHIBIT A
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FIRST TRUST EXCHANGE-TRADED FUND VII
FUNDS DATE
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First Trust Global Tactical Commodity Strategy Fund April 30, 2017
