Boston, MA 02210-2805 June 26, 2013 To the Trustees of John Hancock Funds Boston, MA 02210 Re: Rule 12b-1 Fee Waiver Letter AgreementLetter Agreement • September 26th, 2013 • John Hancock Tax-Exempt Series Fund
With reference to each of the Distribution Plans entered into by and between John Hancock Funds, LLC (the “Distributor”) and each of the trusts listed in Appendix A to this letter (each, a “Trust” and collectively, the “Trusts”), on behalf of each of their respective series listed in Appendix A (each, a “Fund” and collectively, the “Funds”), we hereby notify you as follows:
John Hancock Advisers, LLCJohn Hancock Tax-Exempt Series Fund • September 26th, 2013
For John Hancock Bond Fund, the Adviser and its affiliates agree to waive a portion of their fees and/or reimburse certain Expenses in order to reduce the total annual fund operating expenses for Class A, Class B, Class C, Class I, Class R2 and Class R6 shares by 0.05% of the Fund’s average daily net assets. These fee waivers and/or expense reimbursements expire on September 30, 2014, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at the time.*
