Exhibit 99.(e)(2)

UNDERWRITING AGREEMENT

Schedule A

Effective July 22, 2011

Tributary Short-Intermediate Bond Fund

Tributary Income Fund

Tributary Balanced Fund

Tributary Core Equity Fund

Tributary Growth Opportunities Fund

Tributary Small Company Fund

Tributary Large Cap Growth Fund

The parties hereto agree that this Schedule A shall replace the existing Schedule A to the Underwriting Agreement effective as of the 22nd day of July 2011.

TRIBUTARY FUNDS, INC.		NORTHERN LIGHTS DISTRIBUTORS, LLC
By:	/s/ Steve Frantz	By:	/s/ Brian Nielsen
	Steve Frantz		Brian Nielsen
	President		President