Delaware Distributors, L.P. 2005 Market Street Philadelphia, PA 19103
Ex-99e.1.i
Delaware Distributors, L.P.
0000
Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
November 26, 2008
Delaware Group Income Funds
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Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
Re: | Expense Limitations |
Ladies and Gentlemen:
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Distributors, L.P. (the “Distributor”) agrees that in order to improve the performance of the series of Delaware Group Income Funds set forth below (each a “Fund”), the Distributor shall waive a portion of the Rule 12b-1 (distribution) fees applicable to the specified Fund class, so that such Fund’s Rule 12b-1 (distribution) fees with respect to such class will not exceed the percentages set forth below for the period December 1, 2008 through November 30, 2009.
Fund | Class | 12b-1 Cap | |||
Delaware Corporate Bond Fund | Class A | 0.25% | |||
Class R | 0.50% | ||||
Delaware Delchester Fund | Class R | 0.50% | |||
Delaware Extended Duration Fund | Class A | 0.25% | |||
Class R | 0.50% | ||||
Delaware High Yield Opportunities Fund | Class R | 0.50% |
The Distributor acknowledges that it shall not be entitled to collect on, or make a claim for, waived fees at any time in the future.
Delaware Distributors, L.P. | ||||
By: | /s/Xxxxxxxx X. Xxxxx | |||
Name: Xxxxxxxx X. Xxxxx | ||||
Title: President |
Your signature below acknowledges
acceptance of this Agreement:
By: | /s/ Xxxxxxx X. Xxxxx | |
Name: Xxxxxxx X. Xxxxx | ||
Title: Executive Vice President/Head of Equity Investments | ||
Date: November 26, 2008 |