FIRST AMENDMENT TO THE
ADVISORY AGREEMENT
This First Amendment is entered into as of the 15th day of November,
1998 in order to amend the Advisory Agreement dated November 15, 1996 (the
"Advisory Agreement") by and between Insight Premier Funds (the "Trust") on
behalf of its series (each a "Fund" and collectively, the "Funds") and Insight
Management, Inc. (the "Adviser").
WHEREAS, the Trust and the Adviser have entered previously into the Advisory
Agreement; and
WHEREAS, pursuant to Section 13 of the Advisory Agreement, the Trust
and the Adviser wish to amend certain provisions of said Agreement.
NOW, THEREFORE, the parties hereto agree to amend the Advisory
Agreement as follows:
1. Paragraph 1 of the Advisory Agreement is hereby modified and
amended to reflect the change in the name of the Trust to "Kobren Insight Funds"
and the name of the Adviser to "Kobren Insight Management, Inc. "
2. Section 8 of the Advisory Agreement is hereby modified and
amended to (i) reflect the change in the names of the
series previously established and designated and (ii) add
Kobren Delphi Value Fund (1.00%) to the names of the
series as follows:
Section 8 Section 8 as Amended
--------- --------------------
Insight Growth Fund (0.75%) Kobren Growth Fund (0.75%)
Insight Moderate Growth Fund (0.75%) Kobren Moderate Growth Fund (0.75%)
Insight Conservative Allocation Fund (0.75%) Kobren Conservative Allocation Fund (0.75%)
Kobren Delphi Value Fund (1.00%)
3. All other terms and conditions of the Advisory Agreement shall
remain in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed on the date set forth above.
ATTEST: KOBREN INSIGHT FUNDS
By: /s/ Xxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx
Name: Xxxx X. Xxxxx ame: Xxxx X. Xxxxxx
Title: Vice President Title: President
ATTEST: KOBREN INSIGHT MANAGEMENT, INC.
By: /s/ Xxxx X. Xxxxx By: /s/ Xxxx X. Xxxxxx
Name: Xxxx X. Xxxxx Name: Xxxx X. Xxxxxx
Title: Vice President Title: President
Kobren Insight Management, Inc.
00 Xxxxxxx Xxxxxx, Xxxxx 000
X.X. Xxx 0000
Xxxxxxxxx Xxxxx, XX 00000