EX-99.7.f
Delaware Distributors, L.P.
0000 Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
September 11, 2007
Delaware Group Adviser Funds
0000 Xxxxxx Xxxxxx
Xxxxxxxxxxxx, XX 00000
Re: Expense Limitations
Ladies and Gentlemen:
By our execution of this letter agreement (the "Agreement"), intending to
be legally bound hereby, Delaware Distributors, L.P. (the "Distributor") agrees
that in order to improve the performance of Delaware U.S. Growth Fund (the
"Fund"), which is a series of Delaware Group Adviser Funds, the Distributor
shall waive a portion of the Rule 12b-1 (distribution) fees for the Fund's Class
A Shares and Class R Shares, so that such Fund's Class A and Class R Shares Rule
12b-1 (distribution) fees will not exceed 0.25% and 0.50%, respectively, for the
period September 1, 2007 through February 28, 2009. This agreement supersedes
all prior agreements with respect to the Fund.
The Distributor acknowledges that it shall not be entitled to collect on,
or make a claim for, waived fees at any time in the future.
Delaware Distributors, L.P.
By: /s/ Xxxxxxxx X. Xxxxx
Name: Xxxxxxxx X. Xxxxx
Title: President
Date: September 11, 2007
Your signature below acknowledges
acceptance of this Agreement:
Delaware Group Adviser Funds
By: /s/ Xxxxxxx X. Xxxxx
Name: Xxxxxxx X. Xxxxx
Title: President & Chief Executive Officer
Date: September 11, 2007
