Exhibit 99.22.(d)(xiii)
EXPENSE REIMBURSEMENT AGREEMENT
THIS EXPENSE REIMBURSEMENT AGREEMENT (this "Agreement") is made and entered
into this 22rd day of January 2004 between Lord, Xxxxxx & Co. LLC ("Lord
Xxxxxx") and Lord Xxxxxx Series Fund, Inc. (the "Series Fund") with respect to
the All Value Portfolio, the America's Value Portfolio, the Bond-Debenture
Portfolio, the Growth Opportunities Portfolio and the International Portfolio
(each a "Portfolio" and collectively the "Portfolios").
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 Portfolios
for expenses other than investment management fees and any
extraordinary expenses (the "Other Expenses"), if and to the extent
that Other Expenses exceed or would otherwise exceed an annual rate of
forty basis points (0.40%) of the net assets in each such Portfolio
for the time period set forth below.
2. Lord Xxxxxx'x commitment described in paragraph 1 will be effective
from January 1, 2004 through December 31, 2004.
IN WITNESS WHEREOF, Lord Xxxxxx and the Series Fund have caused this
Agreement to be executed by a duly authorized member and officer, respectively,
and the Series Fund has affixed its corporate seal hereto, all on the day and
year first above written.
LORD XXXXXX SERIES FUND, INC.
By: /s/ Xxxxxx X. Xxx
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Xxxxxx X. Xxx
Chairman of the Board
LORD, XXXXXX & CO. LLC
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
Member and General Counsel
