0000758003-16-000027 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • November 29th, 2016 • T. Rowe Price Tax-Free High Yield Fund, Inc.

This EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of November 29, 2016, is entered into between T. Rowe Price Associates, Inc. (the “Manager”), a corporation organized and existing under the laws of the State of Maryland, and T. Rowe Price Tax-Free High Yield Fund, Inc. (the “Corporation”), a corporation organized and existing under the laws of the State of Maryland, on behalf of the T. Rowe Price Tax-Free High Yield Fund (the “Fund”).

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