Advisory and Rule 12b-1 Fee Waiver Agreement Value Line Securities, Inc. (the "Distributor") agrees to waive a portion of the following advisory and Rule 12b-1 fees: Value Line Tax-Exempt Fund, Inc.: waive .25% of the Rule 12b-1 fee for the period of...Advisory and Fee Waiver Agreement • June 28th, 2007 • Value Line Tax Exempt Fund Inc
