0001193125-04-031200 Sample Contracts

THE COMMERCE FUNDS St. Louis, MO 63105
Commerce Funds • February 27th, 2004
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AMENDED AND RESTATED WAIVER AND REIMBURSEMENT AGREEMENT
Waiver and Reimbursement Agreement • February 27th, 2004 • Commerce Funds • Delaware

This Amended and Restated Waiver and Reimbursement Agreement (“Agreement”) dated as of the 20th day of February, 2004 by and between The Commerce Funds (“Commerce”), a Delaware business trust and a registered investment company under the Investment Company Act of 1940, as amended, and Commerce Investment Advisors, Inc. (the “Adviser”), a Missouri corporation that serves as an investment adviser to each portfolio of Commerce pursuant to the Advisory Agreement between the Adviser and Commerce dated as of December 31, 1994, as amended.

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