Form Of EXPENSE LIMITATION AGREEMENT
Exhibit H(30)
Form Of
This EXPENSE LIMITATION AGREEMENT (the “Agreement”) is between MML Investment Advisers, LLC, a Delaware limited liability company (the “Manager”), and MassMutual Select Funds, a Massachusetts business trust (the “Trust”), effective as of the [ ] day of [ ], 2018.
WHEREAS, the Trust is an open-end diversified management investment company registered as such with the Securities and Exchange Commission (the “SEC”) pursuant to the Investment Company Act of 1940, as amended;
WHEREAS, MassMutual Select X. Xxxx Price Retirement Balanced Fund, MassMutual Select X. Xxxx Price Retirement 2005 Fund, MassMutual Select X. Xxxx Price Retirement 2010 Fund, MassMutual Select X. Xxxx Price Retirement 2015 Fund, MassMutual Select X. Xxxx Price Retirement 2020 Fund, MassMutual Select X. Xxxx Price Retirement 2025 Fund, MassMutual Select X. Xxxx Price Retirement 2030 Fund, MassMutual Select X. Xxxx Price Retirement 2035 Fund, MassMutual Select X. Xxxx Price Retirement 2040 Fund, MassMutual Select X. Xxxx Price Retirement 2045 Fund, MassMutual Select X. Xxxx Price Retirement 2050 Fund, MassMutual Select X. Xxxx Price Retirement 2055 Fund, MassMutual Select X. Xxxx Price Retirement 2060 Fund, MassMutual Select X. Xxxx Price Bond Asset Fund, MassMutual Select X. Xxxx Price Emerging Markets Bond Fund, MassMutual Select X. Xxxx Price International Equity Fund, MassMutual Select X. Xxxx Price Large Cap Blend Fund, MassMutual Select X. Xxxx Price Limited Duration Inflation Focused Bond Fund, MassMutual Select X. Xxxx Price Real Assets Fund, MassMutual Select X. Xxxx Price Small and Mid Cap Blend Fund, and MassMutual Select X. Xxxx Price U.S. Treasury Long-Term Fund (the “Funds”) are each a series of the Trust;
WHEREAS, the Manager is an investment adviser registered with the SEC as such under the Investment Advisers Act of 1940, as amended; and
WHEREAS, the Trust has appointed the Manager as its investment manager for the Funds and the Manager has agreed to act in such capacity upon the terms set forth in the relevant Investment Management Agreements;
NOW THEREFORE, the Trust and the Manager hereby agree as follows:
| 1. | Expense Limitation |
The Manager agrees to cap the fees and expenses of each Fund (other than extraordinary litigation and legal expenses, Acquired Fund fees and expenses, interest expense, short sale dividend and loan expense, or other non-recurring or unusual expenses such as organizational expenses and shareholder meeting expenses) through January 31, 2019 at the following amounts. This agreement can only be terminated by mutual consent of the Board of Trustees of the Trust on behalf of the Funds and the Manager.
MassMutual Select X. Xxxx Price Retirement Balanced Fund
MassMutual Select X. Xxxx Price Retirement 2005 Fund
MassMutual Select X. Xxxx Price Retirement 2010 Fund
MassMutual Select X. Xxxx Price Retirement 2015 Fund
MassMutual Select X. Xxxx Price Retirement 2020 Fund
MassMutual Select X. Xxxx Price Retirement 2025 Fund
MassMutual Select X. Xxxx Price Retirement 2030 Fund
MassMutual Select X. Xxxx Price Retirement 2035 Fund
MassMutual Select X. Xxxx Price Retirement 2040 Fund
MassMutual Select X. Xxxx Price Retirement 2045 Fund
MassMutual Select X. Xxxx Price Retirement 2050 Fund
MassMutual Select X. Xxxx Price Retirement 2055 Fund
MassMutual Select X. Xxxx Price Retirement 2060 Fund
| Expense Cap | ||
| Class I shares |
0.00% | |
| Class M5 shares |
0.15% | |
| Class M4 shares |
0.40% | |
| Class M3 shares |
0.65% | |
| MassMutual Select X. Xxxx Price Bond Asset Fund | ||
| Expense Cap | ||
| Class I shares |
0.43% | |
| MassMutual Select X. Xxxx Price Emerging Markets Bond Fund | ||
| Expense Cap | ||
| Class I shares |
0.70% | |
| MassMutual Select X. Xxxx Price International Equity Fund | ||
| Expense Cap | ||
| Class I shares |
0.67% | |
| MassMutual Select X. Xxxx Price Large Cap Blend Fund | ||
| Expense Cap | ||
| Class I shares |
0.58% | |
| MassMutual Select X. Xxxx Price Limited Duration Inflation Focused Bond Fund | ||
| Expense Cap | ||
| Class I shares |
0.31% | |
| MassMutual Select X. Xxxx Price Real Assets Fund | ||
| Expense Cap | ||
| Class I shares |
0.61% | |
| MassMutual Select X. Xxxx Price Small and Mid Cap Blend Fund | ||
| Expense Cap | ||
| Class I shares |
0.65% | |
| MassMutual Select X. Xxxx Price U.S. Treasury Long-Term Fund | ||
| Expense Cap | ||
| Class I shares |
0.30% | |
IN WITNESS WHEREOF, the Trust and the Manager have caused this Agreement to be executed on the [ ] day of [ ], 2018.
| MML INVESTMENT ADVISERS, LLC | ||
| By: | ||
| Xxxx Xxxxxx, Vice President | ||
|
on behalf of each of the Funds | ||
| By: | ||
| Xxxx Xxxxxxx, President | ||
