EX-99.E UNDR CONTR 5 exe3.txt DISTRIBUTION CONTRACT Exhibit (e)(3) AMENDMENT TO DISTRIBUTION AGREEMENT Dated: April 30, 2007 The Distribution Agreement by and between First Pacific Mutual Fund, Inc., a Maryland corporation (the "Company"), for the Hawaii Municipal Fund series and the Hawaii Intermediate Fund series and First Pacific Securities, Inc., a Hawaii corporation, is amended as follows: FIRST: The Distribution Agreement is hereby amended to change the name of First Pacific Securities, Inc. to Lee Financial Securities, Inc. SECOND: The foregoing amendment to the Distribution Agreement has been duly approved by at least a majority of the entire Board of Directors of the Company. The amendment is limited to changes expressly permitted to be made without action of the shareholders. THIRD: The Distribution Agreement Amendment will become effective on April 30, 2007. IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their officers designated below as of the day and year first written above. FIRST PACIFIC MUTUAL FUND, INC. By: __/s/ Terrence K.H Lee_____________ Terrence K.H. Lee, President Attest: _/s/ Jean Chun Lee______________ Jean Chun Lee, Secretary LEE FINANCIAL SECURITIES, INC. By: __/s/ Terrence K.H Lee_____________ Terrence K.H. Lee, President Attest: _/s/ Jean Chun Lee______________ Jean Chun Lee, Secretary