DELAWARE INVESTMENTS® FAMILY OF FUNDS BANK/TRUST AGREEMENTBank/Trust Agreement • August 28th, 2012 • Voyageur Mutual Funds Iii
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 that retains us to promote and sell its shares, and any Fund that may hereafter be added to the 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, a Bank/Trust (“you”) have indicated that you wish to act as agent for your customer(s) wishing to purchase, sell and redeem Fund shares (“Customer(s)”) 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 INVESTMENTS FAMILY OF FUNDS REGISTERED INVESTMENT ADVISERS AGREEMENTRegistered Investment Advisers Agreement • August 28th, 2012 • Voyageur Mutual Funds Iii
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 Distributors, L.P. 2005 Market Street Philadelphia, PA 19103Expense Limitations Agreement • August 28th, 2012 • Voyageur Mutual Funds Iii
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 Voyageur Mutual Funds III set forth below (the “Fund”), the Distributor shall waive a portion of the Rule 12b-1 (distribution) fees applicable to the specified Fund class, so that the Fund’s Rule 12b-1 (distribution) fees with respect to such class will not exceed the percentages set forth below for the period from August 28, 2012 through August 28, 2013 or, if longer, until the Fund is offered to all new investors.
