TO MUTUAL FUND SERVICES AGREEMENTMutual Fund Services Agreement • July 27th, 2007 • Optimum Fund Trust
The Mutual Fund Services Agreement dated July 17, 2003 between OPTIMUM FUND TRUST and DELAWARE SERVICE COMPANY, INC. shall apply to the following series:
Delaware Management Company 2005 Market Street Philadelphia, PA 19103Expense Limitation Agreement • July 27th, 2007 • Optimum Fund Trust
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Management Company, a series of Delaware Management Business Trust (the “Advisor”), agrees that in order to improve the performance of the Optimum Large Cap Growth Fund, Optimum Large Cap Value Fund, Optimum Small Cap Growth Fund, Optimum Small Cap Value Fund, Optimum International Fund and Optimum Fixed Income Fund (each, a “Fund,” and together, the “Funds”), each of which is a series of the Optimum Fund Trust, the Advisor shall waive all or a portion of its investment advisory fees and/or reimburse expenses (excluding any Rule 12b-1 plan expenses, taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses) in an aggregate amount equal to the amount by which the total operating expenses (excluding any 12b-1 plan expenses, taxes, interest, brokerage fees, certain insurance costs and extraordinary expenses) for the period August 1, 2007 through August 1 20
