Exhibit (e)2
AMENDMENT
TO
UNDERWRITING AGREEMENT
This Amendment (the "Amendment") is made as of the 1st day of
April, 2008, by and among Allegiant Advantage Fund (the "Trust") and
Professional Funds Distributor, LLC ("PFD").
WHEREAS, the Trust and PFD entered into an Underwriting Agreement
dated as of August 25, 2004, relating to PFD's provision of underwriting
services to the Trust; and
WHEREAS, pursuant to Section 16 of the Agreement, the parties wish to
amend the Agreement as set forth below.
NOW THEREFORE, the Agreement shall be amended as follows:
1. All references in the Agreement to "The Armada Advantage Fund" shall
be deemed to refer to "Allegiant Advantage Fund."
2. The first sentence of Section 9 is hereby deleted and replaced in its
entirety with the following: "As compensation for services rendered by
PFD during the term of this Agreement, the Fund will pay to PFD a fee
or fees as may be agreed to in writing by the Fund and PFD. Such fees
shall be paid pursuant to the Rule 12b-1 plans, as amended, adopted by
the Fund's Board of Trustees."
3. Except as amended hereby, the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to
be executed by their duly authorized officers designated below on the date
and year first above written.
ALLEGIANT ADVANTAGE FUND
By: /s/ Xxxxxxxx X. Xxxx
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Name: Xxxxxxxx X. Xxxx
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Title: Chief Administrative Officer
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PROFESSIONAL FUNDS DISTRIBUTOR, LLC
By: /s/ Xxxxxx X. Xxxxxxxxx
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Name: Xxxxxx X. Xxxxxxxxx
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Title: President
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