0001193125-18-139346 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • April 27th, 2018 • Guardian Variable Products Trust • New York

THIS EXPENSE LIMITATION AGREEMENT (this “Agreement”) is made as of May 1, 2018, by and between Guardian Variable Products Trust, a Delaware statutory trust (the “Trust”), on behalf of its series as set forth on Schedule A, as may be amended from time to time (each, a “Fund,” and collectively, the “Funds”), and Park Avenue Institutional Advisers LLC, a Delaware limited liability company (“Park Avenue”).

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