SCHEDULE B
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SHAREHOLDER SERVICES AGREEMENT
COMPENSATION SCHEDULE
EFFECTIVE MAY 19, 2005
DELAWARE INVESTMENTS FAMILY OF FUNDS
1. Delaware Service Company, Inc. ("DSC") will determine and report to the
Fund, at least annually, the compensation for services to be provided
to the Fund for DSC's forthcoming fiscal year or period.
2. In determining such compensation, DSC will fix and report a fee to be
charged per account for services provided. DSC will bill, and the Fund
will pay, such compensation monthly.
3. Except as otherwise provided in paragraphs 4 and 5, the charge consists
of an annual per account charge of 23.10 per annum for each open and
closed account on DSC's records and each account held on a
sub-accounting system maintained by firms that hold accounts on an
omnibus basis.
These charges will be assessed monthly on a pro rata basis and will be
determined using the number of accounts maintained as of the last
calendar day of each month.
DSC is the Fund's operational interface with a variety of third party
administrators, banks, trust companies and other organizations that
provide retirement administration, trust or other collective services
to the Fund's shareholders. Subtransfer agency fees (or similar fees)
related to such relationships on a retirement processing system will be
passed on to the Fund at cost, without markup.
4. DSC's compensation for providing services to the Series of Delaware VIP
Trust (the "VIP Trust") will be 0.01% of average daily net assets per
Series annually. DSC will bill, and the VIP Trust will pay, such
compensation monthly. In addition, in the conduct of the business of
DSC and the VIP Trust and in performance of this Agreement, each party
will bear its allocable portion of expenses common to each. In
addition, DSC shall be entitled to reimbursement of out-of-pocket
expenses paid on behalf of VIP Trust.
5. DSC's compensation for providing services to the Portfolios of Delaware
Pooled Trust (the "DPT Trust") (other than The Real Estate Investment
Trust Portfolio) will be 0.01% of average daily net assets per
Portfolio annually. DSC will bill, and the DPT Trust will pay, such
compensation monthly. In addition, in the conduct of the business of
DSC and the DPT Trust and in performance of this Agreement, each party
will bear its allocable portion of expenses common to each. In
addition, DSC shall be entitled to reimbursement of out-of-pocket
expenses paid on behalf of DPT Trust. Notwithstanding anything in this
paragraph to the contrary, DSC's compensation for The Real Estate
Investment Trust Portfolio will be as set forth in paragraph 3 above.
AGREED AND ACCEPTED:
DELAWARE SERVICE COMPANY, INC. VOYAGEUR MUTUAL FUNDS II for its series
set forth in Schedule A to this Agreement
By: Xxxxxxx X. Xxxxxxxx By: Xxxx X. Xxxxxxxx
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Name: Xxxxxxx X. Xxxxxxxx Name: Xxxx X. Xxxxxxxx
Title: Senior Vice President/Operations Title: Chairman/President/Chief Executive
Officer
