0000950123-11-039957 Sample Contracts

April 30, 2011 Marie Chandoha President and Chief Executive Officer of Charles Schwab Investment Management, Inc. 211 Main Street San Francisco, CA 94105 Re: The Charles Schwab Family of Funds Dear Ms. Chandoha:
Expense Limitation Agreement • April 27th, 2011 • Charles Schwab Family of Funds

This letter will confirm our agreement to limit net operating expenses of the following funds, as noted in the table below and described in the funds’ registration statements filed with the Securities and Exchange Commission.

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