AMENDMENT to the EXPENSE LIMITATION AGREEMENT THE VICTORY PORTFOLIOS
Exhibit 99.(h)(6)(b)
AMENDMENT
to the
EXPENSE LIMITATION AGREEMENT
Amendment made as of March 1, 2013, by and between Victory Capital Management Inc. (the “Investment Adviser”) and The Victory Portfolios, a Delaware statutory trust (the “Trust), on behalf of each series portfolio listed on Schedule A hereto, (each a “Fund” and collectively the “Funds”) individually, and not jointly, to the Expense Limitation Agreement dated as of November 12, 2010 (as amended February 22, 2012) and in effect on the date hereof, the “Agreement”.
WHEREAS, the Trust and the Investment Adviser wish to amend the Agreement by amending Schedule A to extend the termination date of the Operating Expense Limit for certain classes of the Funds.
NOW, THEREFORE, in consideration of the covenants contained in this Amendment, the Trust and the Investment Adviser hereby amend the Agreement as follows:
Schedule A to the Agreement is hereby replaced with Schedule A to this Amendment.
IN ALL OTHER RESPECTS, the Agreement is hereby satisfied, confirmed and continued.
IN WITNESS WHEREOF, the parties hereto have caused this amendment to be duly executed all as of the day and year first above written.
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THE VICTORY PORTFOLIOS, on behalf of each Fund listed on Schedule A, individually and not jointly | |
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By: |
/s/ Xxxxxxx X. Xxxxxxxxx, XX |
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Name: Xxxxxxx X. Xxxxxxxxx, XX | |
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Title: President | |
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VICTORY CAPITAL MANAGEMENT INC. | |
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By: |
/s/ Xxxxx X. Xxxxx |
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Name: Xxxxx X. Xxxxx | |
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Title: Co-Chief Executive Officer | |
SCHEDULE A
OPERATING EXPENSE LIMITS AS OF NOVEMBER 12, 2010
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Balanced - Class C |
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1.85 |
% |
February 28, 2014 |
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OPERATING EXPENSE LIMITS AS OF MARCH 1, 2013
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Balanced - Class A |
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1.15 |
% |
February 28, 2014 |
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Balanced - Class I |
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0.90 |
% |
February 28, 2014 |
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Balanced - Class R |
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1.45 |
% |
February 28, 2014 |
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Core Bond Index — Class A |
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0.65 |
% |
February 28, 2014 |
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Core Bond Index — Class I |
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0.30 |
% |
February 28, 2014 |
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