0001193125-22-206840 Sample Contracts

EXPENSE REIMBURSEMENT AND/OR WAIVER AGREEMENT—SECURITY INVESTORS, LLC
Expense Reimbursement And • July 29th, 2022 • Rydex Dynamic Funds

THIS AGREEMENT, dated as of August 1, 2022, is made and entered into by and between Security Investors, LLC (the “Adviser”) and Rydex Dynamic Funds (the “Trust”) on behalf of the underlying series of the Trust set forth in Schedule A hereto (each referred to herein as a “Fund”), as it may be amended from time to time. This Agreement shall apply to each Fund listed in Schedule A.

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EXPENSE REIMBURSEMENT AND/OR WAIVER AGREEMENT—SECURITY INVESTORS, LLC
Expense Reimbursement And • July 29th, 2022 • Rydex Dynamic Funds

THIS AGREEMENT, dated as of August 1, 2022, is made and entered into by and between Security Investors, LLC (the “Adviser”) and Rydex Dynamic Funds (the “Trust”) on behalf of the underlying series of the Trust set forth in Schedule A hereto (each referred to herein as a “Fund”), as it may be amended from time to time. This Agreement shall apply to each Fund listed in Schedule A.

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