Fee Waiver Agreement
Exhibit 99.(h)(2)
EULAV Securities LLC (the “Distributor”) agrees to extend the following fee waiver:
Value Line Asset Allocation Fund, Inc.: The Distributor waives .10% of the Rule 12b-1 fee for the period August 1, 2011-July 31, 2012.
Dated this day of April, 2011
| On behalf of the Distributor and the Adviser, | |||
| /s/ Xxxxxxxx Xxxxx | |||
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Xxxxxxxx Xxxxx, President
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EULAV Asset Management
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| EULAV Securities LLC. | |||
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Received:
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| /s/ Xxxxx Xxxxxxxxxx | |||
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Xxxxx Xxxxxxxxxx, Treasurer
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Value Line Mutual Funds
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