0001421877-08-000201 Sample Contracts

AutoNDA by SimpleDocs
Delaware Management Company 2005 Market Street Philadelphia, PA 19103
Delaware Group Foundation Funds • July 22nd, 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 Group Foundation Funds (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, 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 fees, certain insurance costs and non-routine expenses) exceed 0.90% of the Fund's average daily

Time is Money Join Law Insider Premium to draft better contracts faster.