Contractual Fee Cap Agreement
AGREEMENT made this June 30, 2008, by and between Croft Funds Corp., a Maryland Corporation (the “Company”), and Croft-Leominster, Inc. (the “Adviser”).
The Adviser hereby agrees to waive its advisory fees and/or reimburse fund expenses (excluding brokerage, commissions, underlying fund fees and expenses or extraordinary expenses) through August 30, 2009 to limit total annual fund operating expenses to:
Fund | Total Annual Fund Operating Expenses | |
Value Fund | 1.48% | |
Income Fund | 1.10% |
IN WITNESS WHEREOF, thee Parties hereto have caused this Agreement to be executed as of the day and year written above.
CROFT FUNDS CORPORATION By: /S/ | CROFT-LEOMINSTER, INC. By: /S/ |
