0000898031-97-000009 Sample Contracts

ADDENDUM TO MANAGEMENT AGREEMENT BETWEEN LORD ABBETT SECURITIES TRUST AND LORD, ABBETT & CO. DATED MAY 19, 1993 (THE AGREEMENT')
Management Agreement • December 12th, 1997 • Lord Abbett Securities Trust

Lord, Abbett & Co. and Lord Abbett Securities Trust (the "Trust") on behalf of Alpha Series (" Series") do hereby agree that the annual management fee rate for the Series with respect to paragraph 2 of the Agreement shall be .50 of 1% of the average daily net assets of the Series, provided that such management fee, if any, charged is based on services provided that are in addition to, rather than duplicative of, services provided pursuant to the advisory contract for any "acquired company". Since Alpha Series (as an "acquiring company") is permitted to invest in shares of another investment company (an "acquired company") that is in the same "group of investment companies" as the Alpha Series, the terms quoted in this sentence shall have the same meaning (which shall be incorporated by reference into this addendum) as provided under Section 12(d)(1)(G) of the Investment Company Act of 1940, as amended (the "Act"). In addition, the parties hereby agree that the repayment provisions purs

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