0001193125-06-042932 Sample Contracts

SUBADVISORY AGREEMENT
Subadvisory Agreement • March 1st, 2006 • Managers Trust I • Connecticut

The Managers Fremont Global Fund (the “Fund”) is a series of a Massachusetts business trust (the “Trust”) that is registered as an investment company under the Investment Company Act of 1940, as amended, (the “Act”), and subject to the rules and regulations promulgated thereunder.

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ADMINISTRATION AND SHAREHOLDER SERVICING AGREEMENT
Administration and Shareholder Servicing Agreement • March 1st, 2006 • Managers Trust I • New York

AGREEMENT, made as of this 28th day of February, 2006 by and between Managers Trust I, a Massachusetts business trust (the “Trust”), on behalf of one of its series known as Managers AMG FQ Global Alternatives Fund (the “Fund”), and Managers Investment Group LLC, a limited liability company organized under the laws of the State of Delaware (the “Management Company”).

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LETTER AGREEMENT
Expense Limitation and Recoupment Agreement • March 1st, 2006 • Managers Trust I
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INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • March 1st, 2006 • Managers Trust I • Massachusetts

AGREEMENT made as of the 31st day of July, 2003 between THE MANAGERS FUNDS LLC, a limited liability company organized under the laws of the State of Delaware and having its principal place of business in Norwalk, Connecticut (the “Advisor”), and MANAGERS TRUST I, a Massachusetts business trust having its principal place of business in Norwalk, Connecticut (the “Trust”).

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FORM OF LETTER AGREEMENT MANAGERS AMG FQ GLOBAL ALTERNATIVES FUND Investment Management Agreement
Investment Management Agreement • March 1st, 2006 • Managers Trust I
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MANAGERS TRUST I Amendment No. 11 to Master Trust Agreement CERTIFICATE AND INSTRUMENT OF AMENDMENT
Master Trust Agreement • March 1st, 2006 • Managers Trust I

The undersigned, being at least a majority of the Trustees of Managers Trust I (the “Trust”), a business trust organized under the laws of The Commonwealth of Massachusetts, do hereby amend the Trust’s Agreement and Declaration of Trust dated December 18, 1991, as amended to date (“the Declaration of Trust”), as follows:

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LETTER AGREEMENT Managers Trust I Distribution Agreement
Distribution Agreement • March 1st, 2006 • Managers Trust I
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