Exhibit 23(d)(iii)
CONTRACTUAL MANAGEMENT FEE WAIVER AND
EXPENSE REIMBURSEMENT AGREEMENT
AGREEMENT made as of the 1st day of October, 2008 by and between THE
GABELLI MONEY MARKET FUNDS, a Delaware business trust (the "Trust"), and GABELLI
FUNDS, LLC (the "Manager").
With respect to The Gabelli U.S. Treasury Money Market Fund, the sole
series of the Trust (the "Fund"), the Manager hereby agrees to waive management
fees and/or reimburse expenses to the extent necessary to maintain the Fund's
Total Annual Operating Expenses at 0.08% of the average daily net assets of the
Fund.
This Agreement shall be in effect until September 30, 2010 and is renewable
for an additional one-year period upon the written agreement of the parties
hereto.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be
executed as of the day and year first written above.
THE GABELLI MONEY MARKET FUNDS GABELLI FUNDS, LLC
By: /s/ Xxxxx X. Xxxxxx By: /s/ Xxxxx X. Xxxxxxxxx
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Xxxxx X. Xxxxxx Xxxxx X. Xxxxxxxxx
