0001193125-20-201120 Sample Contracts

EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • July 28th, 2020 • Ivy Funds

THIS EXPENSE REIMBURSEMENT AGREEMENT is made by and among Ivy Distributors, Inc. (“IDI”) Waddell & Reed Services Company, doing business as WI Services Company (“WISC”), and Ivy Funds, on behalf of the series indicated in each respective Appendix attached hereto (each, a “Fund,” and, collectively, the “Funds”).

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INVESTMENT MANAGEMENT FEE REDUCTION AGREEMENT
Investment Management • July 28th, 2020 • Ivy Funds

THIS INVESTMENT MANAGEMENT FEE REDUCTION AGREEMENT is made by and between Ivy Investment Management Company (“IICO”) and Ivy Funds (the “Trust”) on behalf of each series of the Trust set forth below (each a “Fund” and, collectively, the “Funds”).

EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • July 28th, 2020 • Ivy Funds

THIS EXPENSE REIMBURSEMENT AGREEMENT is made by and among Ivy Investment Management Company (“IICO”), Ivy Distributors, Inc. (“IDI”), Waddell & Reed Services Company, doing business as WI Services Company (“WISC”) and Ivy Funds (the “Trust”) on behalf of each series of the Trust set forth below (each a “Fund” and, collectively, the “Funds”).

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