Exhibit 99.22.(d)(xii)
EXPENSE REIMBURSEMENT AGREEMENT
THIS EXPENSE REIMBURSEMENT AGREEMENT (this "Agreement") is made and entered
into this 1st day of January 2005 between Lord, Xxxxxx & Co. LLC ("Lord Xxxxxx")
and Lord Xxxxxx Series Fund, Inc. (the "Series Fund") with respect to the All
Value Portfolio, America's Value Portfolio, Bond-Debenture Portfolio, Growth
Opportunities Portfolio, and International Portfolio (each a "Portfolio" and
collectively the "Portfolios")
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 Portfolios
for expenses other than investment management fees and any
extraordinary expenses (the "Other Expenses"), if and to the extent
that Other Expenses exceed or would otherwise exceed an annual rate of
forty basis points (0.40%) of net assets in each such Portfolio for
the time period set forth below.
2. Lord Xxxxxx'x commitment described in paragraphs 1 will be effective
from January 1, 2005 through December 31, 2005.
IN WITNESS WHEREOF, Lord Xxxxxx and the Series 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 SERIES FUND, INC.
By: /s/ Xxxxxxxxx X. Xxxxxxx
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Xxxxxxxxx X. Xxxxxxx
Vice President and Assistant Secretary
LORD, XXXXXX & CO. LLC
By: /s/ Xxxx X. Xxxxxxx
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Xxxx X. Xxxxxxx
Member and General Counsel
