BNY MELLON INVESTMENT ADVISER, INC. 240 Greenwich Street New York, New York 10286
BNY MELLON INVESTMENT ADVISER, INC.
000 Xxxxxxxxx Xxxxxx
New York, New York 10286
May 25, 2022
Dreyfus Treasury Obligations Cash Management
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Fee Waiver and Expense Limitation
To Whom It May Concern:
Effective June 1, 2023, BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), intending to be legally bound, hereby confirms its agreement in respect of Dreyfus Treasury Obligations Cash Management (the "Trust"), as follows:
Until June 1, 2023, BNYM Investment Adviser, has contractually agreed to waive receipt of a portion of its management fee in the amount of .03% of the value of the fund's average daily net assets. On or after June 1, 2023, BNYM Investment Adviser may terminate this waiver agreement at any time.
Until June 1, 2023, BNYM Investment Adviser will waive receipt of its fees and/or assume the direct expenses of the Trust so that the direct expenses of the Trust's Service shares (excluding taxes, interest, brokerage commissions, commitment fees on borrowing and extraordinary expenses) do not exceed 1.01%. On or after June 1, 2023, BNYM Investment Adviser may terminate this expense limitation agreement at any time.
Until June 1, 2023, BNYM Investment Adviser will waive receipt of its fees and/or assume the direct expenses of the Trust so that the direct expenses of the Trust's Wealth shares (excluding taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) do not exceed .47%. On or after June 1, 2023, BNYM Investment Adviser may terminate this expense limitation agreement at any time.
This Agreement may only be amended by agreement of the Trust, upon the approval of the Board of Trustees and BNYM Investment Adviser, to lower the net amounts shown and may only be terminated prior to June 1, 2023, in the event of termination of the Management Agreement between BNYM Investment Adviser and the Trust.
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BNY MELLON INVESTMENT ADVISER, INC.
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By: /s/ Xxxxx Xxxxxxx Xxxxx Xxxxxxx Secretary |
Accepted and Agreed To:
DREYFUS TREASURY OBLIGATIONS CASH MANAGEMENT
| By: | /s/ Xxxxx Xxxxxxx |
Xxxxx Xxxxxxx
Treasurer
