0001193125-12-074452 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • February 23rd, 2012 • Driehaus Mutual Funds

EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of March 1, 2012 by and between Driehaus Capital Management LLC, a Delaware limited liability company (the “Adviser”), and Driehaus Mutual Funds (the “Trust”), on behalf of the Driehaus International Credit Opportunities Fund series of the Trust (the “Fund”).

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LETTER AGREEMENT
Letter Agreement • February 23rd, 2012 • Driehaus Mutual Funds

This Agreement is made as of this 22nd day of February, 2012 between DRIEHAUS MUTUAL FUNDS, a Delaware statutory trust (the “Trust”), and DRIEHAUS CAPITAL MANAGEMENT LLC, a Delaware limited liability company (the “Adviser”).

February 22, 2012
Driehaus Mutual Funds • February 23rd, 2012
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