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Expense Limitation Agreement

 

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Title:

Expense Limitation Agreement

Entities:

Icon Funds

Date:

2006

Size:

5KB total

Price:

$41

ID:

#2661581

 

 

► Securities ► Miscellany ► Expense Limitation Agreements

 

 

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EIGHTH AMENDMENT

TO

EXPENSE LIMITATION AGREEMENT

THIS EIGHTH AMENDMENT (Amendment) to the Expense Limitation Agreement, as previously amended (Agreement) between ICON Funds (the Trust) and ICON Advisers, Inc. (the Adviser) is made this 8th day of August 2006.

WHEREAS, the Trust and the Adviser entered into an Agreement whereby the Adviser agreed to pay expenses related to Class I, Class C and Class Z shares of the ICON Covered Call Fund, ICON Equity Income Fund, ICON Long/Short Fund, ICON International Equity Fund, and Class C, Class I and Class Z Shares of the ICON Bond Fund to the extent that Total Fund Operating Expenses of each class of the Funds exceeded the limits set forth in Schedule A to the Agreement; and

WHEREAS, the Trust and the Adviser amended the Expense Limitation Agreement to address the Advisers voluntary agreement to pay expenses related to Class A and Class C shares of the ICON Covered Call Fund, ICON Equity Income Fund, ICON Long/Short Fund, ICON International Equity Fund, and Class A shares of the ICON Europe Fund and ICON Asia-Pacific Region Fund to the extent that Total Fund Operating Expenses of each class of the Funds exceeded the limits set forth in Schedule A to the Agreement;

NOW, THEREFORE, in exchange for the mutual promises and other good and valuable consideration, receipt of which is hereby acknowledged, the Trust and the Adviser agree as follows:


 

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