RE: Waiver of Fees and Reimbursement of ExpensesWaiver of Fees and Reimbursement of Expenses • August 30th, 2005 • Sei Liquid Asset Trust
This letter shall constitute an agreement (the “Agreement”) between SEI Investments Fund Management (the “Administrator”) and SEI Liquid Asset Trust (the “Trust”). The Administrator, which acts as administrator to the portfolios of the Trust, agrees to waive its administration fees and/or to reimburse expenses of the Treasuries Securities Fund, Government Securities Fund, Prime Obligation Fund and Money Market Fund of the Trust (each a “Fund” and, collectively, the “Funds”) as necessary to keep total operating expenses (excluding interest, taxes and certain non-routine expenses) of the Funds from exceeding the following annual rates:
