EXPENSE LIMITATION AGREEMENT NORTH AMERICAN GOVERNMENT BOND FUND, INC. CLASS C SHARESExpense Limitation Agreement • December 31st, 2009 • North American Government Bond Fund Inc • Maryland
Contract Type FiledDecember 31st, 2009 Company JurisdictionTHIS EXPENSE LIMITATION AGREEMENT is made as of the 1st day of March 2010 by and between NORTH AMERICAN GOVERNMENT BOND FUND, INC., a Maryland corporation (the “Fund”), and INTERNATIONAL STRATEGY & INVESTMENT INC., a Delaware corporation (“ISI” or the “Advisor”), with respect to the following: