FORM OFCredit Agreement • February 28th, 2006 • Legg Mason Light Street Trust Inc
FEE WAIVER AND EXPENSE CAP AGREEMENT Legg Mason Light Street Trust, Inc. 100 Light Street Baltimore, Maryland 21202 Re: Legg Mason Classic Valuation Fund - Fee Waiver/Expense Agreement Ladies and Gentlemen: Legg Mason Fund Adviser, Inc. ("LMFA")...Fee Waiver and Expense Cap Agreement • February 28th, 2006 • Legg Mason Light Street Trust Inc
Legg Mason Fund Adviser, Inc. ("LMFA") hereby agrees that it will waive its compensation (and, to the extent necessary, bear other expenses) through February 28, 2007, to the extent that expenses of each class of the Legg Mason Classic Valuation Fund ("Fund") (exclusive of interest, taxes, brokerage commissions, and extraordinary expenses) would exceed an annual rate of 1.95% for Primary Class and 0.95% for Institutional Class.
DISTRIBUTION AGREEMENT Legg Mason Light Street Trust, Inc. This DISTRIBUTION AGREEMENT, made this 1st day of December, 2005 by and between Legg Mason Light Street Trust, Inc. ("Investment Company"), a Maryland Corporation and Legg Mason Investor...Distribution Agreement • February 28th, 2006 • Legg Mason Light Street Trust Inc • Maryland
