BBH Global Equity Portfolio Sample Contracts

May 9, 2000 Global Equity Portfolio Butterfield House, 4th Floor Fort Street, P.O. Box 2330 George Town, Grand Cayman Cayman Islands, B.W.I. Dear Sirs: This letter agreement (the "Agreement") confirms the agreement of the undersigned, Brown Brothers...
Letter Agreement • June 22nd, 2000 • BBH Global Equity Portfolio

This letter agreement (the "Agreement") confirms the agreement of the undersigned, Brown Brothers Harriman Trust Company ("BBH"), to pay all of the operating expenses of Global Equity Portfolio (the "Portfolio"), as described in the Registration Statement of the Portfolio on Form N-1A as filed with the Securities and Exchange Commission, as amended, other than fees paid under the Portfolio's Administration Agreement. All of the operating expenses paid by BBH pursuant to this Agreement shall be subject to reimbursement by the Portfolio. To accomplish such reimbursement, the Portfolio hereby agrees to pay to BBH an expense reimbursement fee from the Portfolio estimated and accrued daily and paid monthly in an amount such that immediately after any such payment the aggregate expenses of the Portfolio would not on a per annum basis exceed 0.90% of the Portfolio's average daily net assets.

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