Re: Agreement to Waive Advisory Fees and Reimburse ExpensesJohn Hancock California Tax-Free Income Fund • September 26th, 2023
John Hancock Variable Trust Advisers LLC (formerly John Hancock Investment Management Services, LLC) and John Hancock Investment Management LLC (formerly John Hancock Advisers, LLC) (collectively, the “Advisers”), each an investment adviser to the investment companies listed in Appendix A (collectively, the “John Hancock Funds”), hereby notify you as follows:
JOHN HANCOCK CALIFORNIA TAX FREE INCOME FUND on behalf of John Hancock California Municipal Bond Fund AMENDMENT TO INVESTMENT MANAGEMENT CONTRACTJohn Hancock California Tax-Free Income Fund • September 26th, 2023
AMENDMENT made this 22nd day of September, 2022 to the Investment Management Contract dated June 30, 2020 (the “Agreement”), between John Hancock California Tax-Free Income Fund, a Massachusetts business trust, on behalf of its series John Hancock California Municipal Bond Fund (formerly, John Hancock California Tax Free Income Fund) (the “Fund”), and John Hancock Investment Management (the “Adviser”), a Delaware limited liability company. In consideration of the mutual covenants contained herein, the parties agree as follows:
John Hancock Investment Management Distributors LLC Boston, MA 02116Letter Agreement • September 26th, 2023 • John Hancock California Tax-Free Income Fund
With reference to each of the Distribution Plans entered into by and between John Hancock Investment Management Distributors LLC (the “Distributor”) and each of the trusts listed in Appendix A to this letter (each, a “Trust” and collectively, the “Trusts”), on behalf of each of their respective series listed in Appendix A (each, a “Fund” and collectively, the “Funds”), we hereby notify you as follows:
John Hancock Investment Management LLC 200 Berkeley Street Boston, MA 02116John Hancock California Tax-Free Income Fund • September 26th, 2023
The Adviser contractually agrees to waive advisory fees or, if necessary, reimburse expenses or make payment to a specific class of shares of the Fund (up to the amount of the expenses relating solely to such class of shares), in an amount equal to the amount by which the Expenses of such class of shares exceed the Expense Limit for such class set forth in the table below. The current expense limitation agreements expire on the dates specified, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time.
