Exhibit 99.(d)(iii)
EXPENSE REIMBURSEMENT AGREEMENT
THIS EXPENSE REIMBURSEMENT AGREEMENT (this "Agreement") is made and entered
into this 1st day of February 2005 between Lord, Xxxxxx & Co. LLC ("Lord
Xxxxxx") and Lord Xxxxxx Large-Cap Growth Fund (the "Large-Cap Growth Fund").
In consideration of good and valuable consideration, receipt of which is
hereby acknowledged, it is agreed as follows:
1. Lord Xxxxxx agrees to bear directly and/or reimburse the Fund for
expenses if and to the extent that Total Operating Expenses exceed or
would otherwise exceed an annualized rate of (a) one hundred and fifty
basis points (1.50%) for Class A shares of the Fund, (b) two hundred
and fifteen basis points (2.15%) for Class B shares of the Fund, (c)
two hundred and fifteen (2.15%) for Class C shares of the Fund, (d)
one hundred and sixty (1.60%) for Class P shares of the Fund, and (e)
one hundred and fifteen basis points (1.15%) for Class Y shares of the
Fund of the average daily net assets in the Fund for the time period
set forth in paragraph 2 below.
2. Lord Xxxxxx'x commitment described in paragraph 1 will be effective
from February 1, 2005 through July 31, 2005.
IN WITNESS WHEREOF, Lord Xxxxxx and the Large-Cap Growth Fund have caused
this Agreement to be executed by a duly authorized member and officer,
respectively, on the day and year first above written.
LORD XXXXXX LARGE-CAP GROWTH FUND
By: /s/ Xxxxxxxxx X. Xxxxxxx
Xxxxxxxxx X. Xxxxxxx
Vice President and Assistant Secretary
LORD, XXXXXX & CO. LLC
By: /s/ Xxxx X. Xxxxxxx
Xxxx X. Xxxxxxx
Member and General Counsel
EXPENSE REIMBURSEMENT AGREEMENT
THIS EXPENSE REIMBURSEMENT AGREEMENT (this "Agreement") is made and entered
into this 1st day of August 2005 between Lord, Xxxxxx & Co. LLC ("Lord Xxxxxx")
and Lord Xxxxxx Large-Cap Growth Fund (the "Fund").
In consideration of good and valuable consideration, receipt of which is
hereby acknowledged, it is agreed as follows:
1. Lord Xxxxxx agrees to bear directly and/or reimburse the Fund for
expenses if and to the extent that Total Operating Expenses exceed or
would otherwise exceed an annualized rate of (a) one hundred and fifty
basis points (1.50%) for Class A shares of the Fund, (b) two hundred
and fifteen basis points (2.15%) for Class B shares of the Fund, (c)
two hundred and fifteen basis points (2.15%) for Class C shares of
the Fund, (d) one hundred and sixty (1.60%) for Class P shares of the
Fund, and (e) one hundred and fifteen basis points (1.15%) for Class Y
shares of the Fund for the time period set forth in paragraph 2 below.
2. Lord Xxxxxx'x commitment described in paragraph 1 will be effective
from August 1, 2005 through July 31, 2006.
IN WITNESS WHEREOF, Lord Xxxxxx and the Fund have caused this Agreement to
be executed by a duly authorized member and officer, respectively, on the day
and year first above written.
LORD XXXXXX LARGE-CAP GROWTH FUND
By: /s/ Xxxxxxxxx X. Xxxxxxx
Xxxxxxxxx X. Xxxxxxx
Vice President and Assistant Secretary
LORD, XXXXXX & CO. LLC
By: /s/ Xxxxxxxx X. Xxxxxx
Xxxxxxxx X. Xxxxxx
Member and General Counsel
