DELAWARE INVESTMENTS FAMILY OF FUNDS REGISTERED INVESTMENT ADVISERS AGREEMENTDelaware Group Adviser Funds • February 28th, 2012
We are the national distributor for all of the shares of all of the Classes (now existing or hereafter added) of all of the Funds in the Delaware Investments Family of Funds which retain us, Delaware Distributors, L.P., to act as exclusive national distributor. The term “Fund” as used in this Agreement refers to each Fund in the Delaware Investments Family of Funds which retains us to promote and sell its shares, and any Fund which may hereafter be added to Delaware Investments Family of Funds to retain us as national distributor. The term “Class” as used in this Agreement refers to a class of shares of a Fund as described in the Fund’s prospectus. You have indicated that you wish to act as agent for your customers in connection with the purchase, sale and redemption of Fund shares and/or desire to provide certain services to your customers relating to their ownership of Fund shares, all in accordance with the terms of this Agreement.
Delaware Management Company 2005 Market Street Philadelphia, PA 19103Delaware Group Adviser Funds • February 28th, 2012
By our execution of this letter agreement (the "Agreement"), intending to be legally bound hereby, Delaware Management Company, a series of Delaware Management Business Trust (the "Manager"), agrees that in order to improve the performance of Delaware U.S. Growth Fund and Delaware International Bond Fund (collectively, the “Funds”), each a series of Delaware Group Adviser Funds, the Manager shall waive all or a portion of its investment advisory fees and/or reimburse expenses (excluding any 12b-1 plan expenses, taxes, interest, brokerage fees, short-sale dividend and interest expenses, certain insurance costs, and non-routine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, and liquidations (collectively, “non-routine expenses”)) in an aggregate amount equal to the amount by which the Funds’ respective total operating expenses (excluding any 12b-1 plan expenses, taxes, interest, inverse floater program exp
Delaware Distributors, L.P. 2005 Market Street Philadelphia, PA 19103Delaware Group Adviser Funds • February 28th, 2012
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Distributors, L.P. (the “Distributor”) agrees that in order to improve the performance of the series of Delaware Group Adviser Funds set forth below (each a “Fund”), the Distributor shall waive a portion of the Rule 12b-1 (distribution) fees applicable to the specified Fund class, so that such Fund’s Rule 12b-1 (distribution) fees with respect to such class will not exceed the percentages set forth below for the period February 28, 2012 through February 28, 2013.
AMENDMENT NO. 1 TO SCHEDULE I TO THE DISTRIBUTION AGREEMENT AS OF JULY 28, 2011Distribution Agreement • February 28th, 2012 • Delaware Group Adviser Funds
This Schedule to the Distribution Agreement between Delaware Group Adviser Funds and Delaware Distributors, L.P. originally entered into as of May 15, 2003 and amended and restated on January 4, 2010 (the “Agreement”) lists the Series and Classes for which Delaware Distributors, L.P. provides distribution services pursuant to this Agreement, along with the 12b-1 Plan rates, if applicable, for each class and the date on which the Agreement became effective for each Series.
AMENDMENT NO. 1 TO EXHIBIT A OF THE INVESTMENT MANAGEMENT AGREEMENTInvestment Management Agreement • February 28th, 2012 • Delaware Group Adviser Funds
THIS EXHIBIT to the Investment Management Agreement dated January 4, 2010 (the “Agreement”) between DELAWARE GROUP ADVISER FUNDS and DELAWARE MANAGEMENT COMPANY, a series of Delaware Management Business Trust (the “Investment Manager”), amended as of the 31st day of March, 2011 lists the Funds for which the Investment Manager provides investment management services pursuant to this Agreement, along with the management fee rate schedule for each Fund and the date on which the Agreement became effective for each Fund.
