0000310407-05-000065 Sample Contracts

Services Agreement
Services Agreement • December 30th, 2005 • Mosaic Equity Trust

This Agreement is made by and between MADISON ASSET MANAGEMENT, LLC, a Wisconsin limited liability company having its principal place of business in Madison, Wisconsin ("MAM-LLC"), and the MADISON INSTITUTIONAL EQUITY OPTION FUND series (the "Fund") of MOSAIC EQUITY TRUST, a Massachusetts business trust created pursuant to a Declaration of Trust filed with the Clerk of the City of Boston, Massachusetts (the "Trust").

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Investment Advisory Agreement
Investment Advisory Agreement • December 30th, 2005 • Mosaic Equity Trust

This Agreement is made by and between Madison Investment Advisors, Inc. (d/b/a Madison Asset Management, LLC), a Wisconsin Corporation, Madison Asset Management, LLC, a Wisconsin limited liability company having its principal place of business in Madison, Wisconsin (the foregoing entities referred to collectively as the "Advisor"), and Mosaic Equity Trust, a Massachusetts business trust created pursuant to a Declaration of Trust filed with the Clerk of the City of Boston, Massachusetts (the "Trust") on behalf of the series of the Trust identified in paragraph 6 herein. References herein to the Trust shall apply only to such series.

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