12b-1 Fee Waiver Agreement
Value Line Securities, Inc. (the "Distributor") agrees to waive a portion
of the following Rule 12b-1 fees:
Value Line Strategic Asset Management Trust: waive .15% of the Rule
12b-1 fee for the period of May 1, 2007 - April 30, 2008;
Value Line Centurion Fund: waive .15% of the Rule 12b-1 fee for the
period of May 1, 2007 - April 30, 2008;
Each waiver shall end on the expiration date set forth next to the applicable
Fund name as stated above.
Dated this 11th day of April, 2007 On behalf of the Distributor,
/s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx, CEO
Received:
/s/ Xxxxxxx Xxxxxxxxx
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Xxxxxxx Xxxxxxxxx, Treasurer
Value Line Centurion Fund
Value Line Strategic Asset Management Trust