0001105607-06-000224 Sample Contracts

EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • July 28th, 2006 • Ivy Funds Inc

EXPENSE REIMBURSEMENT AGREEMENT, by and between Ivy Funds Distributor, Inc. ("IFDI") and Waddell & Reed Services Company ("WRSCO"), and Ivy Funds, Inc., on behalf of its series designated Ivy Capital Appreciation Fund (the "Fund").

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EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • July 28th, 2006 • Ivy Funds Inc

EXPENSE REIMBURSEMENT AGREEMENT, by and between Ivy Funds Distributor, Inc. ("IFDI") and Waddell & Reed Services Company ("WRSCO"), and Ivy Funds, Inc., on behalf of its series designated Ivy Large Cap Growth Fund (the "Fund").

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