AGREEMENT
TO WAIVE FEES AND REIMBURSE EXPENSES
SELECTED INTERNATIONAL FUND
CLASS S SHARES
THIS AGREEMENT is made this 1st day of September, 2018, between Selected International
Fund, Inc, a Maryland corporation (“SIF”) and Xxxxx Selected Advisers, L.P., a limited partnership organized under the laws of Colorado (“DSA”).
RECITALS:
WHEREAS, SIF is a registered, open-end management investment company; and
WHEREAS, SIF offers two Classes of shares (S and D); and
WHEREAS, DSA serves as the investment adviser for SIF; and
WHEREAS, both SIF and DSA agree it is important that the actual expenses of SIF Class S shares not exceed 1.15% of net assets on an annual basis;
NOW, THEREFORE, the parties hereby agree as follows:
1.
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2.
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Expense Caps. DSA
agrees to waive fees and/or reimburse the expenses of Class S shares of SIF to the extent it is necessary to ensure that the actual expenses incurred by Class S shares, after recognizing the benefits of custody or other credits, fee
waivers, and expense reimbursements, not exceed 1.15% of net assets.
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3.
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IN WITNESS WHEREOF, the parties have duly executed and sealed this Agreement, all as of the date first written above.
Selected International Fund, Inc.
By: _____________________
Xxxx Xxxxxx
Vice President
Xxxxx Selected Advisers, L.P.
By Xxxxx Investments, LLC (General Partner)
By: _____________________
Xxxx Xxxxxxx
Vice President