Exhibit (d)(x)
April 30, 2008
Xxxxx Xxxx
President and Chief Executive Officer
The Xxxxxxx Xxxxxx Family of Funds
000 Xxxxxxxxxx Xxxxxx
Xxx Xxxxxxxxx, XX 00000
Re: The Xxxxxxx Xxxxxx Family of Funds
Dear Xx. Xxxx:
This letter will confirm our agreement to limit net operating expenses of the
following funds, as noted in the table below and described in the funds'
registration statements filed with the Securities and Exchange Commission.
FUND NET OPERATING GUARANTEED
EXPENSE LIMIT THROUGH
SCHWAB MUNICIPAL MONEY FUND -- SELECT SHARES 35 bps 4/29/10
SCHWAB MUNICIPAL MONEY FUND -- 24 bps 4/29/10
INSTITUTIONAL SHARES
XXXXXX VALUE ADVANTAGE MONEY FUND -- 24 bps 4/29/10
INSTITUTIONAL SHARES
XXXXXX VALUE ADVANTAGE MONEY FUND -- 35 bps 4/29/10
SELECT SHARES
SCHWAB RETIREMENT ADVANTAGE MONEY FUND 49 bps 4/29/10
XXXXXX VALUE ADVANTAGE MONEY FUND -- 21 bps 4/29/10
INSTITUTIONAL PRIME SHARES
Sincerely,
/s/ Xxxxxx Xxxxxxx /s/ Xxxxxxx Xxxxxxx
Xxxxxx Xxxxxxx Xxxxxxx Xxxxxxx
Senior Vice President and Vice President
Chief Financial Officer Product Strategy and Product
Xxxxxxx Xxxxxx Investment Management
Management, Inc. Xxxxxxx Xxxxxx & Co., Inc.
cc:
Xxxxxxx, Xxxxxxx
Xxxxxx, Xxxx
Xxx, Xxxxxxx
Xxxx, Xxxxxxx
Xxxxxx, Xxx
Xxxxxxxxx, Xxxxx
Xxxxxxx, Xxxxxx
Xxxxxx, Xxx
Xxxxxx, Xxxxxxx
Xxxxxx, Xxxx
