Expense Limitation Agreement
Exhibit 99.28(d)(xx)
This Expense Limitation Agreement (the “Agreement”) is made and entered into this 13th day of October, 2014 between Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”) and Lord Xxxxxx Investment Trust (the “Trust”) on behalf of Lord Xxxxxx Total Return Fund (“Total Return Fund”).
In consideration of good and valuable consideration, receipt of which is hereby acknowledged, it is agreed as follows:
| 1. | With respect to Total Return Fund, Lord Xxxxxx agrees for the time period set forth in paragraph 2 below to reimburse Total Return Fund’s expenses, other than the management fee and any applicable 12b-1 fee, to the extent necessary to limit such other expenses for each class to an annual rate of 0.05%. |
| 2. | This Agreement will be effective from October 13, 2014 through March 31, 2016. This Agreement may be terminated only by the Board of Trustees of the Trust upon written notice to Lord Xxxxxx. |
IN WITNESS WHEREOF, Lord Xxxxxx and the Trust have caused this Agreement to be executed by a duly authorized member and officer, respectively, to become effective as of the day and year first above written.
| Lord Xxxxxx Investment Trust | |||
| By: | /s/ Xxxxxx X. Xxxxxxxx | ||
| Xxxxxx X. Xxxxxxxx | |||
| Vice President and Assistant Secretary | |||
| Lord, Xxxxxx & Co. llc | |||
| By: | /s/ Xxxxxxxx X. Xxxxxx | ||
| Xxxxxxxx X. Xxxxxx | |||
| Member and General Counsel | |||
