Exhibit No. EX-99.h.4
FORM OF
Delaware Distributors, L.P.
0000 Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
January 12, 2006
Delaware Group Equity IV Funds
0000 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 certain portfolios in Delaware Group
Equity IV Funds, which is comprised of the Delaware Growth Opportunities Fund
and Delaware Large Cap Growth Fund (each, a "Fund"), the Distributor shall, from
February 1, 2006 through January 31, 2007, waive a portion of the Rule 12b-1
(distribution) fee for Class A shares and Class R shares so that such Rule 12b-1
(distribution) fee for the Funds will be capped at the following rates:
Portfolio Class A Class R
Delaware Growth Opportunities Fund N/A N/A
Delaware Large Cap Growth Fund 0.25% 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: _________________________________
Name: Xxxxxxx Xxxxx
Title: Senior Vice President/Controller/Treasurer/
Financial Operations Principal
Date: January 12, 2006
Your signature below acknowledges
acceptance of this Agreement:
DELAWARE GROUP EQUITY IV FUNDS
By: _________________________________
Name: Xxxxxxx Xxxxxx
Title: Senior Vice President/Chief Financial Officer
Date: January 12, 2006