OPERATING EXPENSES LIMITATION AGREEMENTOperating Expenses Limitation Agreement • April 25th, 2024 • Third Avenue Variable Series Trust • Delaware
Contract Type FiledApril 25th, 2024 Company JurisdictionTHIS OPERATING EXPENSES LIMITATION AGREEMENT (this “Agreement”) is made as of April 30, 2024, by and between Third Avenue Variable Series Trust (the “Trust”), on behalf of the Third Avenue Value Portfolio (the “Portfolio”), and Third Avenue Management LLC, the Portfolio’s investment adviser (the “Adviser”).