EQUITY MANAGERS TRUST
MANAGEMENT AGREEMENT
SCHEDULE B
Compensation pursuant to Paragraph 3 of the Equity Managers Trust Management
Agreement shall be calculated in accordance with the following schedules:
XXXXXXXXX & XXXXXX GUARDIAN PORTFOLIO
XXXXXXXXX & XXXXXX MANHATTAN PORTFOLIO
XXXXXXXXX & XXXXXX PARTNERS PORTFOLIO
XXXXXXXXX & XXXXXX FOCUS PORTFOLIO
XXXXXXXXX & XXXXXX SOCIALLY RESPONSIVE PORTFOLIO
0.55% on the first $250 million of average daily net assets
0.525% on the next $250 million of average daily net assets
0.50% on the next $250 million of average daily net assets
0.475% on the next $250 million of average daily net assets
0.45% on the next $500 million of average daily net assets
0.425% on average daily net assets in excess of $1 billion
XXXXXXXXX & XXXXXX GUARDIAN PORTFOLIO
XXXXXXXXX & XXXXXX MILLENNIUM PORTFOLIO
0.85% on the first $250 million of average daily net assets
0.80% on the next $250 million of average daily net assets
0.75% on the next $250 million of average daily net assets
0.70% on the next $250 million of average daily net assets
0.65% on average daily net assets in excess of $1 billion
October 19, 1998
