Exhibit (e)(2) SUB-DISTRIBUTION AGREEMENT This Agreement made this 26th day of September, 2003, by and among THE WATCHDOG FUND TRUST, a Delaware business trust (the "Trust"), ULTIMUS FUND DISTRIBUTORS, LLC, an Ohio limited liability company (the...Sub-Distribution Agreement • October 2nd, 2003 • Watchdog Fund Trust • Wisconsin
SUB-DISTRIBUTION AGREEMENT This Agreement dated as of June 25, 2002, by and among INVESTBIO OPPORTUNITY TRUST, a Delaware business trust (the "Trust"), INVESTPRIVATE, INC., a Delaware corporation (the "Distributor"), and QUASAR DISTRIBUTORS, LLC, a...Sub-Distribution Agreement • July 1st, 2002 • Investbio Opportunity Trust • Wisconsin