UNDERWRITING AGREEMENT ADDENDUM A-1 Merit Tactical Treasury Fund II No Load Shares
ADDENDUM A-1
Merit Tactical Treasury Fund II
No Load Shares
ADDENDUM B-I
Fee Schedule
Service Fee
For services performed hereunder, the AFD shall invoice the Trust and the Trust shall pay ___% per annum of each Fund’s average daily net assets, payable monthly in arrears, subject to a minimum annual fee of $____ per Fund, per share class.
Out-of-Pocket Expenses
The Fund(s) shall pay all reasonable out-of-pocket expenses incurred by AFD in connection with activities performed for the Fund(s) hereunder including, without limitation:
· typesetting, printing and distribution of prospectuses and shareholder reports
· production, printing, distribution and placement of advertising and sales literature and materials
· engagement of designers, free-xxxxx writers and public relations firms
· long-distance telephone lines, services and charges
· postage
· overnight delivery charges
· NASD fees
· marketing expenses
· record retention fees
· travel, lodging and meals
· Standard NSCC charges
IN WITNESS WHEREOF, the parties hereto have executed this Addendum to the Underwriting Agreement dated January 4, 2005, this __ day of ___________, 2005.
MERIT ADVISORS INVESTMENT TRUST II AQUARIUS FUND DISTRIBUTORS, LLC
By:_____________________________ By:___________________________
X. Xxxx Xxxxxxxxxx, President Xxxxxxx Xxxx, President
