EXHIBIT (D)(6)
EXPENSE LIMITATION AGREEMENT
AGREEMENT made as of this 1st day of November, 2003, by and between
Treasurer's Fund, Inc., a Maryland corporation (the "Company"), and Gabelli
Fixed Income LLC, a Delaware limited liability company (the "Adviser").
The Adviser hereby agrees to limit annual total operating expenses of
the U.S. Treasury Money Market Portfolio, the Domestic Prime Money Market
Portfolio and the Tax Exempt Money Market Portfolio, each a portfolio of the
Company (the "Portfolios"), to not more than the following amounts:
PORTFOLIO % OF AVERAGE NET ASSETS
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U.S. Treasury Money Market Portfolio .65%
U.S. Treasury Money Market Class
Domestic Prime Money Market Portfolio .60%
Domestic Prime Money Market Class
Tax Exempt Money Market Portfolio .60%
Tax Exempt Money Market Class
This Agreement shall remain in effect until October 31, 2004 and will
automatically renew for successive one-year periods thereafter unless otherwise
terminated by either party upon 60 days' notice to the other party.
IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed as of the day and year first written above.
TREASURER'S FUND, INC. GABELLI FIXED INCOME LLC
By: /S/ XXXXX X. XXXXXX By: /S/ XXXXX X. XXXXX
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Title: VICE PRESIDENT Title: SECRETARY
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