Mercury Focus Twenty Fund Inc Sample Contracts

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WITNESSETH:
Administration Agreement • March 21st, 2001 • Mercury Focus Twenty Fund Inc • New York
FEE WAIVER/EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • March 21st, 2001 • Mercury Focus Twenty Fund Inc

THIS FEE WAIVER/EXPENSE REIMBURSEMENT AGREEMENT (the "Agreement") is signed as of March , 2001 by Fund Asset Management, L.P. (the "Manager") and Mercury Focus Twenty Fund, Inc. (the "Fund").

ARTICLE I. DEFINITIONS
Custody Agreement • March 21st, 2000 • Mercury Focus Twenty Fund Inc • New York
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