Exhibit (h)(6) Kobrick Funds LLC February 1, 2001 Nvest Kobrick Investment Trust 101 Federal Street, 10th Floor Boston, MA 02110 Re: Fee Waiver/Expense Reimbursement -------------------------------- Ladies and Gentlemen: Reference is hereby made to...Nvest Kobrick Investment Trust • January 30th, 2001
This fee cap is administered on a daily basis based on the accrued expenses of each Fund and reconciled periodically to make any required adjustments. If, after the close of the fiscal year, it is determined that the total actual expenses of a Fund exceed the applicable expense cap for the fiscal year, the Adviser shall promptly reimburse the relevant Fund for the excess amount. With respect to each Fund, the Adviser shall be permitted to recover expenses it has borne subsequent to the effective date of this agreement (whether through reduction of its management fee or otherwise) in later periods to the extent that a Fund's expenses fall below the annual rates set forth above; provided, however, that a Fund is not obligated to pay any such deferred fees more than three years after the end of the fiscal year in which the fee was deferred.
