Exhibit No. EX-99.h.4
FORM OF
Delaware Distributors, L.P.
0000 Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
_____________, 2006
Delaware Group Foundation Funds
0000 Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
Re: Expense Limitations
Ladies and Gentlemen:
By our execution of this letter agreement (the "Agreement"), intending to
be legally bound hereby, Delaware Distributors, L.P. (the "Distributor") agrees
that in order to improve the performance of certain portfolios in Delaware Group
Foundation Funds, which is comprised of the Delaware Aggressive Allocation
Portfolio, Delaware Moderate Allocation Portfolio and Delaware Conservative
Allocation Portfolio (each a "Portfolio"), the Distributor shall, from February
1, 2006 through January 31, 2007, waive a portion of the Rule 12b-1
(distribution) fee for Class A shares and Class R shares so that such Rule 12b-1
(distribution) fee for the Funds will be capped at the following rates:
Portfolio Class A Class R
Delaware Aggressive Allocation Portfolio 0.25% 0.50%
Delaware Moderate Allocation Portfolio 0.25% 0.50%
Delaware Conservative Allocation Portfolio 0.25% 0.50%
The Distributor acknowledges that it shall not be entitled to collect on or
make a claim for waived fees at any time in the future.
Delaware Distributors, L.P.
By: _________________________
Name:
Title:
Date:
Your signature below acknowledges
acceptance of this Agreement:
DELAWARE GROUP FOUNDATION FUNDS
By: _________________________
Name:
Title:
Date:
