MUTUAL FUND CUSTODY AND SERVICES AGREEMENTMutual Fund Custody and Services Agreement • March 27th, 2008 • Delaware Group Equity Funds Ii • Pennsylvania
THIS AGREEMENT, effective as of the 20th day of July, 2007, and is by and between each investment company listed on Appendix D (referred to herein individually as the “Fund” and collectively, as the “Funds”) and MELLON BANK, N.A. (referred to herein as the “Custodian”) a national banking association with its principal place of business at One Mellon Center, 500 Grant Street, Pittsburgh, Pennsylvania 15258. As a matter of administrative convenience, this Agreement is entered into by and between the Custodian and multiple Funds, each on behalf of their respective Series (as hereinafter defined). Nevertheless, this Agreement shall be construed to constitute a separate Agreement between each such Fund, on behalf of its Series, and the Custodian. As such, the term Fund is used in the singular herein.
SECURITIES LENDING AUTHORIZATIONSecurities Lending Authorization • March 27th, 2008 • Delaware Group Equity Funds Ii • Pennsylvania
This Agreement (this “Agreement”) made as of the 20th day of July, 2007, by and between each investment company listed on Schedule 1 attached hereto (referred to herein, individually, as a “Client” and, collectively, as the “Clients”) on behalf of one or more of its series funds listed below such investment company on Schedule 1 attached hereto (referred to herein, individually, as a “Fund” and, collectively, as the “Funds”), and MELLON BANK, N.A. (referred to herein as the “Lending Agent”). As a matter of administrative convenience, this Agreement is entered into by and between the Lending Agent and multiple Clients, each on behalf of their respective Funds. Nevertheless, this Agreement shall be construed to constitute a separate Agreement between each Client on behalf of its Funds and the Lending Agent.
SCHEDULE B SHAREHOLDER SERVICES AGREEMENT COMPENSATION SCHEDULE EFFECTIVE JUNE 1, 2007 DELAWARE INVESTMENTS FAMILY OF FUNDSShareholder Services Agreement • March 27th, 2008 • Delaware Group Equity Funds Ii
Delaware Management Company 2005 Market Street Philadelphia, PA 19103Delaware Group Equity Funds Ii • March 27th, 2008
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 “Manager”), agrees that in order to improve the performance of Delaware Large Cap Value Fund, which is a series of Delaware Group Equity Funds II (the “Fund”), the Manager shall waive all or a portion of its investment advisory fees and/or reimburse expenses (excluding any 12b-1 plan expenses, taxes, interest, inverse floater program expenses, brokerage fees, short-sale dividend and interest expenses, certain insurance costs, and non-routine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, and liquidations (collectively, “non-routine expenses”)) in an aggregate amount equal to the amount by which the Fund’s total operating expenses (excluding any 12b-1 plan expenses, taxes, interest, inverse floater program expenses, brokerage fe
Delaware Distributors, L.P. 2005 Market Street Philadelphia, PA 19103Delaware Group Equity Funds Ii • March 27th, 2008
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 each series of Delaware Group Equity Funds II (each a “Fund”), the Distributor shall waive a portion of the Rule 12b-1 (distribution) fees for the applicable share class indicated below for each series for the period April 1, 2008 through March 31, 2009.
