AMENDMENT DATED AS OF DECEMBER 14, 1995 TO
INVESTMENT ADVISORY AGREEMENT
DATED JUNE 1, 1992
WHEREAS, Xxxxxxxxxxx Discovery Fund, (hereinafter referred to
as the "Fund"), and OppenheimerFunds, Inc., formerly Xxxxxxxxxxx
Management Corporation (hereinafter referred to as "OFI"), have
agreed, per a resolution dated December 14, 1995 of the Fund's
Board of Trustees, to reduce the Fund's management fee on assets in
excess of $1.5 billion;
NOW, THEREFORE, the Fund and OFI agree as follows:
PARAGRAPH 5. of the Investment Advisory Agreement dated June
1, 1992 between the Fund and OFI is deleted and replaced with the
following:
5. Compensation of OFI.
The Fund agrees to pay OFI and OFI agrees to accept as full
compensation for the performance of all functions and duties on its
part to be performed pursuant to the provisions hereof, a
management fee computed on the aggregate net assets of the Fund as
of the close of each business day and payable monthly at the
following annual rates:
.75% of the first $200 million of aggregate net assets;
.72% of the next $200 million of aggregate net assets;
.69% of the next $200 million of aggregate net assets;
.66% of the next $200 million of aggregate net assets;
.60% of the next $700 million of aggregate net assets; and
.58% of aggregate net assets in excess of $1.5 billion.
ALL OTHER PROVISIONS of the Investment Advisory Agreement dated
June 1, 1992, between the Fund and OFI shall remain in full force
and effect.
Xxxxxxxxxxx Discovery Fund
/s/ Xxxxxx X. Xxxxxxx
By:_____________________________
Xxxxxx X. Xxxxxxx, Secretary
OppenheimerFunds, Inc.
/s/ Xxxxxxxxx X. Xxxx
By:________________________________
Xxxxxxxxx X. Xxxx, Vice President
advisory\500.ame
