SUB-ADVISORY AGREEMENTSub-Advisory Agreement • February 28th, 2017 • Voyageur Mutual Funds Iii
AGREEMENT made by and between DELAWARE MANAGEMENT COMPANY, a series of Delaware Management Business Trust, a Delaware statutory trust (the “Investment Manager”), and Jackson Square Partners, LLC, a Delaware limited liability company (the “Sub-Adviser’’).
AMENDED AND RESTATED SHAREHOLDER SERVICES AGREEMENT (the “Agreement”) COMPENSATION SCHEDULE EFFECTIVE FEBRUARY 25, 2016Shareholder Services Agreement • February 28th, 2017 • Voyageur Mutual Funds Iii
Delaware Management CompanyExpense Limitation Agreement • February 28th, 2017 • Voyageur Mutual Funds Iii
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Management Company, a series of Delaware Management Business Trust (the “Manager”), agrees that in order to improve the performance of Delaware Select Growth Fund (the “Fund”), a series of Voyageur Mutual Funds III, the Manager shall waive all or a portion of its investment advisory fees and/or pay/reimburse expenses (excluding any 12b-1 fees, acquired fund fees and expenses, taxes, interest, short sale dividend and interest expenses, brokerage fees, certain insurance costs, and nonroutine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, and liquidations (collectively, the “Excluded Expenses”)) in an aggregate amount equal to the amount by which the Fund’s total operating expenses (excluding any Excluded Expenses) exceed 1.00% for the period from February 28, 2017 through February 28, 2018. For purpo
