0001162044-12-000723 Sample Contracts

EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT

Expense Limitation and Reimbursement Agreement • July 31st, 2012 • Philadelphia Investment Partners New Generation Fund • Delaware

• Contract Type
  Expense Limitation and Reimbursement Agreement
• Filed
  July 31st, 2012
• Company
  Philadelphia Investment Partners New Generation Fund
• Jurisdiction
  Delaware

This EXPENSE LIMITATION AND REIMBURSEMENT AGREEMENT (the “Agreement”) is made as of this 8th day of June, 2012 by and between Philadelphia Investment Partners New Generation Fund, a Delaware statutory trust (the “Trust”), and Philadelphia Investment Partners, LLC, a New Jersey Limited Liability Corporation (the “Investment Adviser”).