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Document Preview Expense Cap/Reimbursement Agreement |
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Title: |
Expense Cap/Reimbursement Agreement |
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Date: |
2006 |
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$39 |
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ID: |
#2540277 |
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EXPENSE CAP/REIMBURSEMENT AGREEMENT
This Agreement is entered into as of the 19th day of July, 2006 between
Badgley, Phelps and Bell, Inc. (the "Adviser") and Badgley Funds, Inc. (the
"Company") on behalf of the Badgley Growth Fund (the "Growth Fund") and the
Badgley Balanced Fund (the "Balanced Fund") (collectively, the "Funds").
WHEREAS, the Adviser desires to contractually agree to waive a portion
of its advisory fee or reimburse certain of each Fund's operating expenses to
ensure that the Fund's total operating expenses do not exceed the level
described below.
NOW THEREFORE, the parties agree as follows:
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