AMENDED AND RESTATED EXPENSE REIMBURSEMENT AGREEMENT AS OF SEPTEMBER 14, 2007
AMENDED AND
RESTATED
EXPENSE REIMBURSEMENT AGREEMENT
AS OF SEPTEMBER 14, 2007
This Amended and Restated Expense Reimbursement Agreement (this “Agreement”) is made and entered into as of this 14th day of September, 2007 between Lord, Xxxxxx & Co. LLC (“Lord Xxxxxx”) and Lord Xxxxxx Large-Cap Growth Fund (the “Fund”). This Agreement supersedes the Agreement between Lord Xxxxxx and Large-Cap Growth Fund dated August 1, 2006.
In consideration of good and valuable consideration, receipt of which is hereby acknowledged, it is agreed as follows:
1. Lord Xxxxxx agrees to bear directly and/or reimburse the Fund for expenses if and to the extent that Total Operating Expenses exceed or would otherwise exceed an annual rate of (a) one hundred fifty basis points (1.50%) for Class A shares of the Fund, (b) two hundred fifteen basis points (2.15%) for Class B shares of the Fund, (c) two hundred fifteen basis points (2.15%) for Class C shares of the Fund, (d) one hundred twenty-five basis points (1.25%) for Class F shares of the Fund, (e) one hundred sixty basis points (1.60%) for Class P shares of the Fund, (f) one hundred seventy-five basis points (1.75%) for Class R2 shares of the Fund, (g) one hundred sixty-five basis points (1.65%) for Class R3 shares of the Fund, and (h) one hundred fifteen basis points (1.15%) for Class Y* shares of the Fund of the average daily net assets of the Fund for the time period set forth in paragraph 2 below.
2. Lord Xxxxxx’x commitment described in paragraph 1 will be effective from September 14, 2007 through November 30, 2007.
IN WITNESS WHEREOF, Lord Xxxxxx and the Fund have caused this Agreement to be executed by a duly authorized member and officer, respectively, as of the day and year first above written.
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LORD XXXXXX LARGE-CAP GROWTH FUND |
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By: |
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/s/ Xxxxxxxxx X. Xxxxxxx |
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Xxxxxxxxx X. Xxxxxxx |
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Vice President and Assistant Secretary |
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LORD, XXXXXX & CO. LLC |
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By: |
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/s/ Xxxxxxxx X. Xxxxxx |
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Xxxxxxxx X. Xxxxxx |
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Member and General Counsel |
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* Class Y shares will be renamed Class I shares effective September 28, 2007.
