RE: Amended Expense Limitation Agreement/Waiver of Fees and Reimbursement of ExpensesSei Liquid Asset Trust • September 1st, 2009
This letter shall constitute an amendment (the “Amended Agreement”) to the December 9, 2002 agreement related to waiver of fees and reimbursement of expenses between SEI Investments Global Funds Services (formerly known as 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 Prime Obligation Fund (the “Fund”) as necessary to keep total operating expenses (excluding interest, taxes and certain non-routine expenses) of the Fund from exceeding the following annual rate:
