EQUITY MANAGERS TRUST
MANAGEMENT AGREEMENT
SCHEDULE B
Compensation pursuant to Paragraph 3 of the Equity Managers Trust Management
Agreement shall be calculated in accordance with the following schedules:
XXXXXXXXX XXXXXX GUARDIAN PORTFOLIO
XXXXXXXXX XXXXXX MANHATTAN PORTFOLIO
XXXXXXXXX XXXXXX PARTNERS PORTFOLIO
XXXXXXXXX XXXXXX FOCUS PORTFOLIO
XXXXXXXXX XXXXXX SOCIALLY RESPONSIVE PORTFOLIO
XXXXXXXXX XXXXXX REGENCY PORTFOLIO
0.55 % on the first $250 million of average daily net assets 0.525 % on the next
$250 million of average daily net assets 0.50 % on the next $250 million of
average daily net assets 0.475 % on the next $250 million of average daily net
assets 0.45 % on the next $250 million of average daily net assets 0.425 % on
average daily net assets in excess of $1.5 billion
XXXXXXXXX XXXXXX GENESIS PORTFOLIO
XXXXXXXXX XXXXXX MILLENNIUM PORTFOLIO
0.85 % on the first $250 million of average daily net assets 0.80 % on the next
$250 million of average daily net assets 0.75 % on the next $250 million of
average daily net assets 0.70 % on the next $250 million of average daily net
assets 0.65 % on average daily net assets in excess of $1 billion
April 30, 1999