Expense Limitation Agreement
Exhibit 99.(d)(xxvii)
This Expense Limitation Agreement (the “Agreement”) is made and entered into this 28th day of May, 2020 between Lord Xxxxxx Distributor LLC (“Lord Xxxxxx Distributor”), and Lord Xxxxxx Securities Trust (the “Trust”) with respect to Lord Xxxxxx Micro Cap Growth Fund (the “Fund”).
In consideration of good and valuable consideration, receipt of which is hereby acknowledged, it is agreed as follows:
| 1. | Lord Xxxxxx Distributor agrees for the same time period set forth in paragraph 2 below to waive the Fund’s 0.10% Rule 12b-1 fee for Class F. |
| 2. | This Agreement will become effective from the launch of Class F shares through February 28, 2022. This Agreement may be terminated only by the Board of Trustees of the Trust upon written notice to Lord Xxxxxx. |
[Signatures follow on next page]
IN WITNESS WHEREOF, Lord Xxxxxx, Lord Xxxxxx Distributor, and the Trust have caused this Agreement to be executed by a duly authorized member and officer, respectively, as of the day and year first above written.
| LORD XXXXXX SECURITIES TRUST | |||
| By: | /s/ Xxxx X. Xxxxxxxxxx | ||
| Xxxx X. Xxxxxxxxxx | |||
| Vice President and Assistant Secretary | |||
| LORD XXXXXX DISTRIBUTOR LLC | |||
| By: | LORD, XXXXXX & CO. LLC | ||
| By: | /s/ Xxxxxxxx X. Xxxxxxx | ||
| Xxxxxxxx X. Xxxxxxx | |||
| Member and General Counsel | |||
