AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSES DAVIS NEW YORK VENTURE FUND, INC. DAVIS NEW YORK VENTURE FUND Class B Shares Class C Shares

AGREEMENT

TO WAIVE FEES AND REIMBURSE EXPENSES

XXXXX NEW YORK VENTURE FUND, INC.

XXXXX NEW YORK VENTURE FUND

Class B Shares

Class C Shares

THIS AGREEMENT is made this 11^TH day of September, 2019, between Xxxxx New York Venture Fund, Inc., a Maryland corporation (“DNYVF”) and Xxxxx Selected Advisers, L.P., a limited partnership organized under the laws of Colorado (“DSA”).

RECITALS:

WHEREAS, DNYVF is a registered open-end management investment company with four authorized series (Xxxxx New York Venture Fund, Xxxxx Global Fund, Xxxxx International Fund, and Xxxxx Research Fund); and

WHEREAS, DSA serves as the investment adviser for DNYVF; and

WHEREAS, both DNYVF and DSA agree it is important that the actual expenses of Class B and Class C shares for Xxxxx New York Venture Fund not exceed a specified percentage, 1.80%, of net assets on an annual basis;

NOW, THEREFORE, the parties hereby agree as follows:

1. Expense Cap. DSA agrees to waive fees and reimburse the expenses of Class B and Class C shares of Xxxxx New York Venture Fund, to the extent it is necessary to ensure that the actual expense incurred by Class B shares or Class C shares, after recognizing the benefits of custody or other credits, fee waivers, and expense reimbursements, not exceed 1.80% of net assets.

2. Duration of Agreement. This Agreement shall be effective as of August 1, 2019, and ending on December 1, 2020. This Agreement shall automatically renew for additional one-year periods if not terminated, in writing, by either party before December 1^st of each year.

IN WITNESS WHEREOF, the parties have duly executed and sealed this Agreement, all as of the date first written above.

	Xxxxx New York Venture Fund, Inc.		Xxxxx Selected Advisers, L.P.
			By Xxxxx Investments, LLC (General Partner)
	By:	/s/ Xxxx Xxxxxx	By:	/s/ Xxxx Xxxxxxx
		Xxxx Xxxxxx		Xxxx Xxxxxxx
		Vice President		Vice President