AMENDMENT NO. 2 TO MUTUAL FUND CUSTODY AND SERVICES AGREEMENTAnd Services Agreement • February 28th, 2018 • Delaware Group Adviser Funds • Pennsylvania
This Amendment No. 2 (“Amendment”) is made as of the 1st day of July, 2017, by and between each investment company listed on the signature page hereto (referred to herein as the “Fund”) and THE BANK OF NEW YORK MELLON (formerly, Mellon Bank, N.A.) (“Custodian” or “BNY Mellon”).
Delaware Management Company 2005 Market Street Philadelphia, PA 19103Delaware Group Adviser Funds • February 28th, 2018
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Management Company, a series of Macquarie Investment Management Business Trust (the "Manager"), agrees that in order to improve the performance of Delaware Global Real Estate Opportunities Fund (the “Fund”), a series of Delaware Group Adviser Funds, the Manager shall waive all or a portion of its investment advisory fees and/or pay/reimburse expenses (excluding any 12b-1 fees, acquired fund fees and expenses, taxes, interest, short sale dividend and interest expenses, brokerage fees, certain insurance costs, and nonroutine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, and liquidations (collectively, the “Excluded Expenses”)) in an aggregate amount equal to the amount by which the Fund’s total annual operating expenses (excluding any Excluded Expenses) exceed 1.15% for the period from February 28,
