EXPENSE LIMITATION AGREEMENT
THE DREYFUS CORPORATION
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
November 15, 2013
Dreyfus Short Duration Bond Fund
000 Xxxx Xxxxxx
Xxx Xxxx, Xxx Xxxx 00000
Re: Expense Limitation
Ladies and Gentlemen:
The Dreyfus Corporation (“Dreyfus”), intending to be legally bound, hereby confirms its agreement in respect of Dreyfus Short Duration Bond Fund (the “Fund”) as follows:
Until November 15, 2014, Dreyfus will waive receipt of its fees and/or assume the expenses of the Fund so that the expenses of none of the classes of shares of the Fund (excluding Rule 12b-1fees, shareholder services fees, taxes, interest, brokerage commissions, commitment fees on borrowings and extraordinary expenses) exceed .35% of the value of the Fund’s average daily net assets. On or after November 15, 2014, Dreyfus may terminate this expense limitation at any time.
This Agreement may only be amended by agreement of the Fund upon the approval of the Board of Trustees of the Fund and Dreyfus to lower the net amounts shown and may only be terminated prior to November 15, 2014 in the event of termination of the Management Agreement between Dreyfus and the Fund.
THE DREYFUS CORPORATION
By: /s/ Xxxxxxx X. Xxxxxxx
Name: Xxxxxxx X. Xxxxxxx
Title: President
Accepted and Agreed To:
DREYFUS SHORT DURATION BOND FUND
By: /s/ Xxxxx Xxxxxxx
Name: Xxxxx Xxxxxxx
Title: Treasurer
