EXETER FUND, INC.
FORM OF
SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT
SCHEDULE A
DATED 5-11-99
Socially Responsible Series
SUPPLEMENT TO INVESTMENT ADVISORY AGREEMENT (the "Agreement") dated as of
April 30, 1993 between Exeter Fund, Inc. (the "Fund") and Xxxxxxx & Xxxxxx
Advisors, Inc. (the "Advisor").
RECITALS
The Fund has executed and delivered the Investment Advisory Agreement dated
as of April 30, 1993 (the "Agreement"), between the Fund and the Advisor. The
Agreement sets forth the rights and obligation of the parties with respect to
the management of the Series of the Fund. The Fund has created the Socially
Responsible Series (the `Additional Series").
AGREEMENTS
Now, therefore, the parties agree as follows:
The following will be subject to the terms and conditions of the Agreement:
SERIES PERCENTAGE
------ ----------
Socially Responsible Series .50%
The parties below have executed this Agreement as of May 11, 1999.
EXETER FUND, INC.
/s/ Xxxxxxx Xxxxxxx
---------------------------------
Xxxxxxx Xxxxxxx, President
XXXXXXX & XXXXXX ADVISORS, INC.
/s/ B. Xxxxxx Xxxxxxx
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B. Xxxxxx Xxxxxxx, Executive V.P.
