Exhibit (d)(8)(i)
AMENDMENT NO. 1
TO INVESTMENT ADVISORY AGREEMENT
AMENDMENT NO. 1 to Investment Advisory Agreement ("Amendment No. 1"),
dated as of March 1, 2001, between The Equitable Life Assurance Society of the
United States, a New York corporation ("Equitable") and Lazard Freres & Co. LLC,
a New York limited liability company ("Adviser").
Equitable and the Adviser agree to modify and amend the Investment
Advisory Agreement (the "Agreement") dated as of December 9, 1997 between them
as follows:
1. PORTFOLIO. Equitable hereby reaffirms its appointment of the Adviser as
the investment adviser for the Lazard Small Cap Value Portfolio on the terms and
conditions set forth in the Agreement.
2. APPENDIX A. Appendix A to the Agreement, setting forth the Portfolio of
the Trust for which the Adviser is appointed as the investment adviser and the
fee payable to the Adviser with respect to such Portfolio is hereby replaced in
its entirety by Appendix A attached hereto.
Expect as modified and amended hereby, the Agreement is hereby ratified
and confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment
No. 1 as of the date first above set forth.
THE EQUITABLE LIFE ASSURANCE
LAZARD FRERES & CO. LLC SOCIETY OF THE UNITED STATES
By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxx X. X'Xxxx
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Name: Xxxxxxx X. Xxxxxxx Name: Xxxxx X. X'Xxxx
Title: Managing Director Title: Executive Vice President
APPENDIX A
TO AMENDMENT NO. 1
TO INVESTMENT ADVISORY AGREEMENT
WITH LAZARD FRERES & CO. LLC
Portfolio Advisory Fee
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Lazard Small Cap Value Portfolio 0.55% of the Portfolio's average daily net
assets up to and including $250 million;
and 0.50% of the Portfolio's average daily
net assets in excess of $250 million
