DELAWARE GROUP EQUITY FUNDS III
ADOPTION AGREEMENT
(Relating to Distribution Agreements)
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This Adoption Agreement (the "Agreement") made as of August 27, 1999 by
and between Delaware Group Equity Funds III, a Delaware Business Trust (the
"Trust"), on behalf of each of its series (each, a "Series"), and Delaware
Distributors, L.P. ("DDLP"), a Delaware limited partnership.
RECITALS:
WHEREAS, the Trust is an investment company registered under the
Investment Company Act of 1940, as amended; and
WHEREAS, the Trust is the successor to Delaware Group Equity Funds III,
Inc. (the "Predecessor Corporation") and, on behalf of each Series, intends to
adopt the Distribution Agreement applicable to the corresponding series (the
"Predecessor Series") of the Predecessor Corporation.
WHEREAS, the Distribution Agreements in effect between the Predecessor
Corporation, on behalf of the Predecessor Series, and DDLP are set forth in
Schedule A to this Agreement.
NOW, THEREFORE, the parties hereto agree as follows:
1. Each Distribution Agreement previously in effect between the Predecessor
Corporation, on behalf of a Predecessor Series, and DDLP is hereby adopted
in its entirety by the Trust on behalf of the corresponding Series, except
that all references to the Predecessor Corporation shall be replaced with
references to the Trust and all references to the Predecessor Series shall
be replaced with references to the corresponding Series.
2. Each Distribution Agreement shall continue in full force and effect as set
forth therein for the remainder of its term.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the
date set forth above.
DELAWARE GROUP EQUITY FUNDS III
By: /s/ Xxxxx X. Xxxxxx
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Name: Xxxxx X. Xxxxxx
Title: President
DELAWARE DISTRIBUTORS, L.P.
By: Delaware Distributors, Inc., its
General Partner
By: /s/ J. Xxxxx Xxxxx
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Name: J. Xxxxx Xxxxx
Title: Senior Vice President
DELAWARE GROUP EQUITY FUNDS III
ADOPTION AGREEMENT
(Relating to Distribution Agreements)
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SCHEDULE A
Distribution Agreement dated as of 8/27/99 between Delaware Group
Equity Funds III, Inc., on behalf of Trend Fund, and Delaware Distributors, L.P.
