EX-99.(H)(7) 6 a13-8866_1ex99dh7.htm EX-99.(H)(7)

Exhibit 99.(h)(7)

 

SENTINEL GROWTH LEADERS FUND

FEE WAIVER/EXPENSE REIMBURSEMENT AGREEMENT

 

This Agreement, dated as of March 30, 2013 is by and between Sentinel Asset Management, Inc., a Vermont corporation, located at One National Life Drive, Montpelier, VT 05604 (“Sentinel”) and Sentinel Group Funds, Inc., a Maryland corporation (the “Corporation”), located at One National Life Drive, Montpelier, VT 05604, on behalf of the Sentinel Growth Leaders Fund (the “Fund”), a series of the Corporation.

 

WHEREAS, Sentinel has agreed to waive fees and/or reimburse certain expenses of the Fund for a limited period of time.

 

NOW THEREFORE, for good and valuable consideration, Sentinel and the Corporation, on behalf of the Fund, agree as follows:

 

1.                                       Sentinel shall waive fees and/or reimburse expenses of the Fund to the extent necessary to prevent the total operating expense ratio for the Fund’s Class A shares, on an annualized basis, from exceeding 1.45%.

 

2.                                       This Agreement shall continue through March 31, 2014.  Nevertheless, this Agreement may be terminated at any time prior to March 31, 2014 upon 90 days’ notice by a majority of the non-interested directors of the Fund.

 

The parties have executed this Agreement effective as of the date first set forth above.

 

SENTINEL GROUP FUNDS, INC., on behalf of the Sentinel Growth Leaders Fund

 

 

 

 

 

 

 

 

/s/ Christian W. Thwaites

 

 

Christian W. Thwaites

 

 

President and Chief Executive Officer

 

 

 

 

 

 

 

SENTINEL ASSET MANAGEMENT, INC.

 

 

 

 

 

 

 

 

/s/ Christian W. Thwaites

 

 

Christian W. Thwaites

 

 

President and Chief Executive Officer