WARNING: THE XXXXX SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
AMENDMENT NO. 1 TO THE
INVESTMENT MANAGEMENT AGREEMENT
Effective October 1, 1997, Section 7. of the Investment Management Agreement
dated as of April 3, 1995, between COLONIAL TRUST VII with respect to COLONIAL
NEWPORT TIGER FUND (Portfolio) and NEWPORT FUND MANAGEMENT, INC. (Investment
Manager) is hereby amended to read in its entirety as follows:
7. Compensation. For the services provided and the expenses assumed by the
Investment Manager pursuant to this Agreement, the Portfolio will pay the
Investment Manager and the Investment Manager will accept as full
compensation a management fee, accrued daily and payable within five (5)
business days after the last business day of each month, at the annual rate
of 1.00% on the first $100 million of the aggregate net assets of the
Portfolio, 0.75% in excess of $100 million, 0.70% in excess of $1.5 billion
and 0.65% in excess of $2.5 billion.
COLONIAL TRUST VII on behalf of
COLONIAL NEWPORT TIGER FUND
By: _____________________________
Title: Controller
NEWPORT FUND MANAGEMENT, INC.
By: _____________________________
Title:
