AMENDED AND RESTATED FEE WAIVER AND EXPENSE LIMITATION AGREEMENTFee Waiver and Expense Limitation Agreement • April 26th, 2016 • Prospector Funds, Inc. • Connecticut
Contract Type FiledApril 26th, 2016 Company JurisdictionAgreement made as of September 19, 2007, and amended and restated on February 22, 2010, February 16, 2011, February 15, 2012, April 17, 2012, February 25, 2013, February 19, 2014, February 18, 2015 and February 23, 2016 between Prospector Partners Asset Management, LLC, a Delaware limited liability company (the “Adviser”) and Prospector Funds, Inc., a Maryland corporation (the “Company”), on behalf of its Series, Prospector Capital Appreciation Fund and Prospector Opportunity Fund (each, a “Fund” and collectively, the “Funds”).