0000758003-19-000001 Sample Contracts

MANAGEMENT FEE WAIVER AGREEMENT
Management Fee Waiver Agreement • June 27th, 2019 • T. Rowe Price Tax-Free High Yield Fund, Inc.

THIS MANAGEMENT FEE WAIVER AGREEMENT (the “Agreement”), effective as of July 1, 2019, is entered into between T. Rowe Price Associates, Inc., a corporation organized and existing under the laws of the State of Maryland (the “Manager”), and T. Rowe Price Tax-Free High Yield Fund, Inc. (the “Fund”), a corporation organized and existing under the laws of the State of Maryland.

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