0001177017-19-000143 Sample Contracts

EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • September 27th, 2019 • T. Rowe Price Retirement Funds, Inc.

This EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of January 1, 2019, is entered into between T. Rowe Price Associates, Inc. (the “Manager”), a corporation organized and existing under the laws of the State of Maryland, and T. Rowe Price Retirement Funds, Inc. (the “Corporation”), a corporation organized and existing under the laws of the State of Maryland, on behalf of the T. Rowe Price Target 2005 Fund, T. Rowe Price Target 2010 Fund, T. Rowe Price Target 2015 Fund, T. Rowe Price Target 2020 Fund, T. Rowe Price Target 2025 Fund, T. Rowe Price Target 2030 Fund, T. Rowe Price Target 2035 Fund, T. Rowe Price Target 2040 Fund, T. Rowe Price Target 2045 Fund, T. Rowe Price Target 2050 Fund, T. Rowe Price Target 2055 Fund, and T. Rowe Price Target 2060 Fund (each a “Fund” and collectively the “Funds”).

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EXPENSE LIMITATION AGREEMENT
Expense Limitation Agreement • September 27th, 2019 • T. Rowe Price Retirement Funds, Inc.

This EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective as of January 1, 2019, is entered into between T. Rowe Price Associates, Inc. (the “Manager”), a corporation organized and existing under the laws of the State of Maryland, and T. Rowe Price Retirement Funds, Inc. (the “Corporation”), a corporation organized and existing under the laws of the State of Maryland, on behalf of the following funds: T. Rowe Price Target 2005 Fund; T. Rowe Price Target 2010 Fund; T. Rowe Price Target 2015 Fund; T. Rowe Price Target 2020 Fund; T. Rowe Price Target 2025 Fund; T. Rowe Price Target 2030 Fund; T. Rowe Price Target 2035 Fund; T. Rowe Price Target 2040 Fund; T. Rowe Price Target 2045 Fund; T. Rowe Price Target 2050 Fund; T. Rowe Price Target 2055 Fund; and T. Rowe Price Target 2060 Fund (each a “Fund” and collectively the “Funds”) with respect to each of the Fund’s I Class. This Agreement supersedes the Expense Limitation Agreement between the Manager and the Corporation, on behalf of t

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