Fee Waiver Agreement
Exhibit 99(h)(3)
Value Line Securities, Inc. (the “Distributor”) agrees to the following Rule 12b-1 fee waivers:
Value Line Larger Companies Fund, Inc.: waive .25% of the Rule 12b-1 fee for the period of May 1, 2008 – April 30, 2009;
Value Line Fund, Inc.: waive .25% of the Rule 12b-1 fee for the period of May 1, 2008 – April 30, 2009;
Value Line Cash Fund, Inc.: waive .25% of the Rule 12b-1 fee for the period of May 1, 2008 – April 30, 2009;
Value Line Strategic Asset Management Trust: waive .15% of the Rule 12b-1 fee for the period of May 1, 2008 – April 30, 2009;
Value Line Centurion Fund, Inc.: waive .15% of the Rule 12b-1 fee for the period of May 1, 2008 – April 30, 2009.
Each waiver shall end on the expiration date set forth next to the applicable Fund name as stated above.
Dated this 15th day of February, 2008
On
behalf of the Distributor, |
Received:
/s/Xxxxxxx Xxxxxxxxx
__________________________
Xxxxxxx X. Xxxxxxxxx, Treasurer
Value Line Mutual Funds
