Reimbursement Agreements The Funds have no plans to compensate officers and directors who are affiliated with the Investment Adviser except indirectly through payment of the advisory fee. Each director, who is not an 'interested person' as that term...

                                 EXHIBIT 99.f

                           Reimbursement Agreements

The Funds have no plans to compensate officers and directors who are

affiliated with the Investment Adviser except indirectly through payment

of the advisory fee.

Each director, who is not an 'interested person' as that term is defined in the

1940 Act, of the Funds was paid an annual fee of $500.00 per fund for serving

as a member of the Board of Directors for fiscal year 2009.  The Chairman of

the Board of Director was paid an annual fee of $625.00 per fund.