0001741773-21-002890 Sample Contracts

AMENDED AND RESTATED AGREEMENT between
Agreement • September 28th, 2021 • T. Rowe Price New Income Fund, Inc. • Maryland
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AGREEMENT between
Agreement • September 28th, 2021 • T. Rowe Price New Income Fund, Inc. • Maryland
EXPENSE LIMITATION AND MANAGEMENT FEE WAIVER AGREEMENT BETWEEN EACH OF THE
Expense Limitation and Management Fee Waiver Agreement • September 28th, 2021 • T. Rowe Price New Income Fund, Inc.

This EXPENSE LIMITATION AND MANAGEMENT FEE WAIVER AGREEMENT (the “Agreement”), effective with respect to each Fund and as of the date indicated in the Schedules of this Agreement, is entered into between T. Rowe Price Associates, Inc. (the “Manager”), a corporation organized and existing under the laws of the State of Maryland, and each Corporation, each of which is organized and existing under the laws of the State of Maryland, on behalf of itself or on behalf of its series and/or its separate share classes, as applicable (each, a “Fund” or a “Class”).

AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT Between
Investment Management Agreement • September 28th, 2021 • T. Rowe Price New Income Fund, Inc.

This is an Amendment (the “Amendment”) to the Investment Management Agreement (the “Agreement”), as amended, made as of the 1st day of October, 2021, by and between T. ROWE PRICE NEW INCOME FUND, INC., (the “Corporation”), a corporation existing under the laws of the State of Maryland, on behalf of the T. Rowe Price New Income Fund (the “Fund”) and T. ROWE PRICE ASSOCIATES, INC. (the “Manager”), a corporation organized and existing under the laws of the State of Maryland.

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