FORM OF FEE WAIVER AND EXPENSE REIMBURSEMENT AGREEMENTFee Waiver and Expense • March 23rd, 2009 • Legg Mason Income Trust Inc
AGREEMENT, effective as of , 2009, by and among Legg Mason Partners Income Trust (the “Trust”), a Maryland business trust, on behalf of its Legg Mason Partners Short-Term Bond Fund series (the “Fund”), and its successors, and Legg Mason Partners Fund Advisor, LLC, a Delaware limited liability company (“LMPFA”).
Form of Letter Amendment to Management Agreement Legg Mason Partners Fund Advisor, LLCManagement Agreement • March 23rd, 2009 • Legg Mason Income Trust Inc
The Manager hereby confirms its agreement, in connection with the acquisition by the Fund of Legg Mason Investment Grade Income Portfolio (the “Reorganization”), to a reduction of the fee payable under the Management Agreement to an annual rate of 0.55% of the average daily net assets of the Fund. This reduction will become effective, however, only upon consummation of the Reorganization.
