April 15, 2011
First Trust Exchange-Traded Fund
000 Xxxx Xxxxxxx Xxxxx
Xxxxxxx, Xxxxxxxx 00000
Ladies and Gentlemen:
This letter supercedes that certain letter agreement by and among First
Trust Portfolios L.P. and First Trust Exchange-Traded Fund ("Trust"), dated as
of April 16, 2010. 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 various
exchange-traded funds (each, a "Fund," and, collectively, the "Funds") 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 Funds. Pursuant to the
Plan, each Fund may bear a fee not to exceed 0.25% per annum of such Fund's
average daily net assets. Capitalized terms used herein but not otherwise
defined shall have the meanings assigned to them in the Plan.
The purpose of this letter agreement is to agree and acknowledge that the
Funds 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 each Fund.
Very Truly Yours,
FIRST TRUST PORTFOLIOS L.P.
/s/ Xxxxx X. Xxxxx
----------------------------------------
Xxxxx X. Xxxxx
Chief Executive Officer
AGREED AND ACKNOWLEDGED:
FIRST TRUST EXCHANGE-TRADED FUND
/s/ Xxxxx X. Xxxxx
--------------------------
Xxxxx X. Xxxxx
Chief Executive Officer
EXHIBIT A
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FUNDS DATE
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FIRST TRUST DOW XXXXX SELECT MICROCAP INDEX(SM) FUND APRIL 29, 2012
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FIRST TRUST MORNINGSTAR(R) DIVIDEND LEADERS(SM) INDEX FUND APRIL 29, 2012
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FIRST TRUST NASDAQ-100 EQUAL WEIGHTED INDEX(SM) FUND APRIL 29, 2012
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FIRST TRUST NASDAQ-100-TECHNOLOGY SECTOR INDEX(SM) FUND APRIL 29, 2012
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FIRST TRUST US IPO INDEX FUND APRIL 29, 2012
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FIRST TRUST AMEX(R) BIOTECHNOLOGY INDEX FUND APRIL 29, 2012
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FIRST TRUST DB STRATEGIC VALUE INDEX FUND APRIL 29, 2012
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FIRST TRUST DOW XXXXX INTERNET INDEX(SM) FUND APRIL 29, 2012
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FIRST TRUST NASDAQ-100 EX-TECHNOLOGY SECTOR INDEX(SM) FUND APRIL 29, 2012
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FIRST TRUST NASDAQ(R) CLEAN EDGE(R) GREEN ENERGY INDEX FUND APRIL 29, 2012
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FIRST TRUST VALUE LINE(R) EQUITY ALLOCATION INDEX FUND APRIL 29, 2012
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FIRST TRUST VALUE LINE(R) DIVIDEND INDEX FUND APRIL 29, 2012
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FIRST TRUST S&P REIT INDEX FUND APRIL 29, 2012
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FIRST TRUST ISE-REVERE NATURAL GAS INDEX FUND APRIL 29, 2012
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FIRST TRUST ISE WATER INDEX FUND APRIL 29, 2012
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FIRST TRUST ISE CHINDIA INDEX FUND APRIL 29, 2012
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FIRST TRUST VALUE LINE(R) 100 EXCHANGE-TRADED FUND APRIL 29, 2012
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FIRST TRUST NASDAQ(R) ABA COMMUNITY BANK INDEX FUND APRIL 29, 2012
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