EXPENSE LIMITATION AGREEMENT EXPENSE LIMITATION AGREEMENT (the "Agreement"), effective as of September 30, 2010 by and between Driehaus Capital Management LLC, a Delaware limited liability company (the "Adviser") and Driehaus Mutual Funds (the...Expense Limitation Agreement Expense Limitation Agreement • February 28th, 2011 • Driehaus Mutual Funds
Contract Type FiledFebruary 28th, 2011 CompanyEXPENSE LIMITATION AGREEMENT EXPENSE LIMITATION AGREEMENT (the "Agreement"), effective as of September 30, 2010 by and between Driehaus Capital Management LLC, a Delaware limited liability company (the "Adviser") and Driehaus Mutual Funds (the "Trust"), on behalf of the Driehaus Select Credit Fund series of the Trust (the "Fund"). WHEREAS, the Trust is a Delaware statutory trust, and is registered under the Investment Company Act of 1940, as amended (the "1940 Act"), as an open-end management company of the series type, and the Fund is a series of the Trust; WHEREAS, the Trust and the Adviser have entered into an Investment Advisory Agreement dated September 25, 1996, as amended ("Advisory Agreement"), pursuant to which the Adviser provides investment management services to the Fund for compensation based on the value of the average daily net assets of the Fund; and WHEREAS, the Trust and the Adviser have determined that it is appropriate and in the best interests of the Fund and its s