BNY MELLON INVESTMENT ADVISER, INC. 240 Greenwich Street New York, New York 10286
BNY MELLON INVESTMENT ADVISER, INC.
000 Xxxxxxxxx Xxxxxx
New York, New York 10286
January 25, 2022
Dreyfus Government Cash Management Funds
000 Xxxxxxxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Fee Waiver and Expense Limitation
To Whom It May Concern:
Effective February 1, 2022, BNY Mellon Investment Adviser, Inc. ("BNYM Investment Adviser"), intending to be legally bound, hereby confirms its agreement in respect of Dreyfus Government Cash Management (the "Fund"), a series of Dreyfus Government Cash Management Funds (the "Trust"), as follows:
Until May 31, 2023, BNYM Investment Adviser will waive receipt of a portion of its management fee in the amount of .03% of the value of the Fund's average daily net assets. In addition, BNYM Investment Adviser has contractually agreed, until at least May 31, 2023, to waive receipt of its fees and/or assume the direct expenses of the Fund's BOLDSM shares so that the direct expenses of BOLDSM shares (excluding taxes, interest, portfolio transaction costs, commitment fees on borrowings and extraordinary expenses) do not exceed 0.18%. On or after May 31, 2023, BNYM Investment Adviser may terminate the fee waiver agreement and/or expense limitation agreement at any time.
This Agreement may only be amended by agreement of the Trust, on behalf of the Fund, upon the approval of the Board of Trustees of the Trust and BNYM Investment Adviser, to lower the net amounts shown and may only be terminated prior to May 31, 2023, in the event of termination of the Management Agreement between BNYM Investment Adviser and the Trust.
BNY MELLON INVESTMENT ADVISER, INC.
By: /s/ Xxxxx Xxxxxxx
Xxxxx Xxxxxxx
Secretary
Accepted and Agreed To:
DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS
By: /s/ Xxxxx Xxxxxxx
Xxxxx Xxxxxxx
Treasurer