AGREEMENT made this 6th day of September, 2000, by and between Oak
Associates Funds, a Massachusetts business trust (the "Trust"), and Oak
Associates, ltd. (the "Adviser").
The Adviser hereby agrees to waive its fee and/or reimburse expenses to the
extent necessary to limit the total operating expenses at the following levels
for a period of one year from the date of this Agreement for each of the
following funds:
FUND TOTAL OPERATING EXPENSES
---------------------------------- ------------------------
Black Oak Emerging Technology Fund 1.00%
This Agreement shall be renewable at the end of each one year period for an
additional one year period upon the written agreement of the parties hereto.
IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed
as of the day and year first written above.
OAK ASSOCIATES FUNDS OAK ASSOCIATES, ltd.
By:/s/ William White By: /s/ James Oelschlager
