EX-99.H (4) 18 kl02060_ex99h4.txt SCHEDULE A TO EXPENSE LIMITATION AGREEMENT SCHEDULE A TO EXPENSE LIMITATION AGREEMENT between THE VICTORY PORTFOLIOS and KEY ASSET MANAGEMENT INC. (Named changed to Victory Capital Management Inc. on May 1, 2001) OPERATING EXPENSE LIMITS Maximum Operating Name of Fund and Class Expense Limit Date of Termination -------------------------------------- ----------------- ------------------- Balanced - Class G 2.00% February 28, 2012* Convertible - Class G 2.00% February 28, 2012* Diversified Stock - Class C 1.90% February 28, 2005 Fund for Income - Class C 1.70% February 28, 2005 Gradison Government Reserves - Trust 0.51% October 15, 2002 Shares Gradison Government Reserves - Class G 0.76% October 15, 2002 Intermediate Income - Class G 1.90% February 28, 2012* LifeChoice Conservative Investor 0.20% February 28, 2003 LifeChoice Growth Investor 0.20% February 28, 2003 LifeChoice Moderate Investor 0.20% February 28, 2003 Nasdaq 100 Index(R) - Class A 0.60% February 28, 2003 Nasdaq 100 Index(R) - Class C 1.40% February 28, 2005 Nasdaq 100 Index(R) - Class G 0.80% February 28, 2003 National Municipal Bond - Class G 1.90% February 28, 2012* New York Municipal Bond - Class G 1.90% February 28, 2012* Real Estate - Class C 2.20% February 28, 2005 Real Estate - Class G 2.00% February 28, 2012* Special Value - Class G 2.00% February 28, 2012* Value - Class G 2.00% February 28, 2012* * Victory Capital Management Inc. intends to voluntarily limit expenses to lower levels so that fund expense levels will be competitive. Adopted: February 27, 2001 Amended: February 26, 2002