December 16, 1998
The Royce Fund
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
Re: Distribution Fee Waiver - Xxxxx Xxx-Priced Stock Fund (Investment Class)
Gentlemen:
Reference is made to the Distribution Fee Agreement dated as of November
30, 1993 (the "Agreement") by and between The Royce Fund (the "Fund") on
behalf of Xxxxx Xxx-Priced Stock Fund's (the "Series") Investment Class of
shares (the "Class") and Royce Fund Services, Inc. (the "Distributor").
Notwithstanding the provisions of the Agreement, the Distributor hereby
waives compensation for services provided by it under the Agreement for the
calendar year ending December 31, 1999. This Waiver will also be effective
for the calendar year or years ending after December 31, 1999, unless the
Distributor notifies the Fund in writing at least 10 days prior to the end of
the then current calendar year that this Waiver will cease to be effective
for the next and any and all subsequent calendar years.
Very truly yours,
ROYCE FUND SERVICES, INC.
By: /s/ Xxxx X. Xxxxxxxxx
Xxxx X. Xxxxxxxxx,
President
ACCEPTED:
THE ROYCE FUND
By: /s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx,
President
December 16, 1998
The Royce Fund
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
Re: Distribution Fee Waiver - Royce Financial Services Fund (Investment
Class)
Gentlemen:
Reference is made to the Distribution Fee Agreement dated November 1,
1996 (the "Agreement") by and between The Royce Fund (the "Fund"
behalf of Royce Financial Services Fund's (the "Series") Investment Class of
shares (the "Class") and Royce Fund Services, Inc. (the "Distributor").
Notwithstanding the provisions of the Agreement, the Distributor hereby
waives compensation for services provided by it under the Agreement for the
calendar year ending December 31, 1999. This Waiver will also be effective
for the calendar year or years ending after December 31, 1999, unless the
Distributor notifies the Fund in writing at least 10 days prior to the end of
the then current calendar year that this Waiver will cease to be effective
for the next and any and all subsequent calendar years.
Very truly yours,
ROYCE FUND SERVICES, INC.
By: /s/ Xxxx X. Xxxxxxxxx
Xxxx X. Xxxxxxxxx,
President
ACCEPTED:
THE ROYCE FUND
By: /s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx,
President
December 16, 1998
The Royce Fund
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
Re: Distribution Fee Waiver - Royce GiftShares Fund (Investment Class)
Gentlemen:
Reference is made to the Distribution Fee Agreement dated as of June 13,
1997 (the "Agreement") by and between The Royce Fund (the "Fund") on behalf
of Royce GiftShares Fund's (the "Series") Investment Class of shares (the
"Class") and Royce Fund Services, Inc. (the "Distributor").
Notwithstanding the provisions of the Agreement, the Distributor hereby
waives compensation for services provided by it under the Agreement for the
calendar year ending December 31, 1999. This Waiver will also be effective
for the calendar year or years ending after December 31, 1999, unless the
Distributor notifies the Fund in writing at least 10 days prior to the end of
the then current calendar year that this Waiver will cease to be effective
for the next and any and all subsequent calendar years.
Very truly yours,
ROYCE FUND SERVICES, INC.
By: /s/ Xxxx X. Xxxxxxxxx
Xxxx X. Xxxxxxxxx,
President
ACCEPTED:
THE ROYCE FUND
By: /s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx,
President
December 16, 1998
The Royce Fund
0000 Xxxxxx xx xxx Xxxxxxxx
Xxx Xxxx, XX 00000
Re: Distribution Fee Waiver - Pennsylvania Mutual Fund (Consultant Class)
Gentlemen:
Reference is made to the Distribution Fee Agreement dated January 2,
1998 (the "Agreement") by and between The Royce Fund (the "Fund") on behalf
of Pennsylvania Mutual Fund's (the "Series") Consultant Class of shares (the
"Class") and Royce Fund Services, Inc. (the "Distributor").
Notwithstanding the provisions of the Agreement, the Distributor hereby
waives compensation for services provided by it under the Agreement for the
calendar year ending December 31, 1999 to the extent necessary so that it
receives a distribution fee of 0.75% of the Classes' average net assets for
such calendar year. This Waiver will also be effective for the calendar year
or years ending after December 31, 1999, unless the Distributor notifies the
Fund in writing at least 10 days prior to the end of the then current
calendar year that this Waiver will cease to be effective for the next and
any and all subsequent calendar years.
Very truly yours,
ROYCE FUND SERVICES, INC.
By: /s/ Xxxx X. Xxxxxxxxx
Xxxx X. Xxxxxxxxx,
President
ACCEPTED:
THE ROYCE FUND
By: /s/ Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx,
President
