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EXHIBIT 3
______________________, 2000
BISYS Fund Services Limited Partnership
0000 Xxxxxxx Xxxx
Xxxxxxxx, Xxxx 00000
Re: Distribution Agreement dated June 2, 1997 by and
between Solution Mutual Funds (formerly Magna Funds)
and BISYS Fund Services Limited Partnership (the
"Agreement")
Ladies and Gentlemen:
Solution Mutual Funds (the "Trust") hereby notifies you that it has
established two additional series of shares, namely, the "Solution Tax-Exempt
Money Market Fund" and the "Solution Treasury Money Market Fund" (the "New
Funds"). The Trust desires that you serve as distributor of the assets of each
New Fund under the terms of the Agreement.
If you agree to so serve in such capacity for each New Fund, kindly
sign and return to the Trust the enclosed counterpart hereof, whereupon each New
Fund shall be deemed a "Fund" under the Agreement. This letter agreement shall
constitute an amendment to the Agreement and, as such, a binding agreement
between the Trust and you in accordance with its terms.
Very truly yours,
SOLUTION MUTUAL FUNDS
By__________________________________
Name:
Title:
The foregoing is hereby
accepted and agreed:
BISYS FUND SERVICES LIMITED PARTNERSHIP
By__________________________________
Name:
Title:
