SCHEDULE I
TO ADMINISTRATION AGREEMENT
DATED FEBRUARY 22, 1995 (AS REVISED APRIL 11, 1995)
BETWEEN
THE BEAR XXXXXXX FUNDS AND BEAR XXXXXXX FUNDS MANAGEMENT INC.
Annual Fees as
a Percentage of
Average Daily Must be
Name of Series Net Assets Last Approved Approved By
-------------- ---------- ------------- -----------
S&P STARS Portfolio .15 of 1%* February 5, 2001 March 31, 2002
Large Cap Value Portfolio .15 of 1% February 5, 2001 March 31, 2002
Small Cap Value Portfolio .15 of 1% February 5, 2001 March 31, 2002
Income Portfolio .15 of 1% February 5, 2001 March 31, 2002
The Insiders Select Portfolio .15 of 1% February 5, 2001 March 31, 2002
Prime Money Market Portfolio .15 of 1% February 5, 2001 March 31, 2002
Focus List Portfolio .15 of 1% February 5, 2001 March 31, 2002
High Yield Total Return Portfolio .15 of 1% February 5, 2001 March 31, 2002
International Equity Portfolio .15 of 1% February 5, 2001 March 31, 2002
Balanced Portfolio .15 of 1% February 5, 2001 March 31, 2002
Emerging Markets Debt Portfolio .15 of 1% February 5, 2001 March 31, 2002
S&P STARS Opportunities
Portfolio .15 of 1% May 21, 2001 March 31, 2002
THE BEAR XXXXXXX FUNDS
By: /s/ Xxxxx Xxxxxxx
-------------------------
Accepted:
BEAR XXXXXXX FUNDS MANAGEMENT INC.
By: /s/ Xxxxx Xxxxxxx
------------------------
* Bear Xxxxxxx Funds Management Inc. will be paid an annual fee equal to an
annual rate of 0.15% of the Portfolio's average daily net assets up to $1
billion, 0.12% of the next $1 billion, 0.10% of the next $3 billion and
0.08% of net assets above $5 billion. The Bear Xxxxxxx Funds has agreed to
pay Bear Xxxxxxx Management Inc. a monthly fee at the annual rate of 0.05%
of the average daily net assets of the Money Market Portfolio.
