Delaware Distributors L.P. 2005 Market Street Philadelphia, PA 19103Delaware Group Income Funds • November 28th, 2005
By our execution of this letter agreement (the "Agreement"), intending to be legally bound hereby, Delaware Distributors L.P. (the "Distributor") agrees that in order to improve the performance of certain portfolios in Delaware Group Income Funds, which is comprised of the Delaware Corporate Bond Fund, Delaware Delchester Fund, Delaware Extended Duration Bond Fund and Delaware High-Yield Opportunities Fund (each a "Fund"), the Distributor shall, from November 28, 2005 through November 30, 2006, waive a portion of the Rule 12b-1 (distribution) fee for Class A shares and Class R shares so that such Rule 12b-1 (distribution) fee for the Funds will be capped at the following rates:
Delaware Management Company 2005 Market Street Philadelphia, PA 19103Delaware Group Income Funds • November 28th, 2005
By our execution of this letter agreement (the "Agreement"), intending to be legally bound hereby, Delaware Management Company, a series of Delaware Management Business Trust (the "Advisor") agrees that in order to improve the performance of certain portfolios in Delaware Group Income Funds, which is comprised of the Delaware Corporate Bond Fund, Delaware Delchester Fund, Delaware Extended Duration Bond Fund and Delaware High-Yield Opportunities Fund (each a "Fund"), the Advisor shall, from October 1, 2005 through November 30, 2006, waive all or a portion of its investment advisory fees and/or reimburse expenses (excluding any 12b-1 plan expenses, taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses) in an aggregate amount equal to the amount by which each Fund's total operating expenses (excluding any 12b-1 plan expenses, taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses) exceeds the following total operating expense rat
