EXHIBIT H.5 EXPENSE CAP/REIMBURSEMENT AGREEMENT This Agreement is entered into as of the 19th day of July, 2006 between Badgley, Phelps and Bell, Inc. (the "Adviser") and Badgley Funds, Inc. (the "Company") on behalf of the Badgley Growth Fund (the...Expense Cap/Reimbursement Agreement • September 27th, 2006 • Badgley Funds Inc
Contract Type FiledSeptember 27th, 2006 CompanyThis Agreement is entered into as of the 19th day of July, 2006 between Badgley, Phelps and Bell, Inc. (the "Adviser") and Badgley Funds, Inc. (the "Company") on behalf of the Badgley Growth Fund (the "Growth Fund") and the Badgley Balanced Fund (the "Balanced Fund") (collectively, the "Funds").