ADDENDUM TO INVESTMENT ADVISORY AGREEMENT
EQUI-SELECT SERIES TRUST
AND
EQUITABLE INVESTMENT SERVICES, INC.
The Investment Advisory Agreement ("Agreement") between Equi-Select Series
Trust (the "Trust") and Equitable Investment Services, Inc. (the "Adviser")
dated October 1, 1994, is hereby amended to add two Additional Series to the
Trust in accordance with Section 1.3 of the Agreement. The two Additional
Series being added pursuant to this Addendum are Growth & Income Portfolio and
the Value + Growth Portfolio. The fees to be paid to the Adviser, with
respect to each Additional Series, are as follows:
Growth & Income Portfolio: 0.95% of the first $200 million average net
assets; and
0.75% of average net assets over and above
$200 million.
Value + Growth Portfolio: 0.95% of the first $500 million average net
assets; and
0.75% of average net assets over and above
$500 million.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be signed
by their respective officers thereunto duly authorized as of this 1st day of
April, 1996.
EQUI-SELECT SERIES TRUST
for its Growth & Income Portfolio and
Value + Growth Portfolio
Attest:
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ By:/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, Secretary ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, President
EQUITABLE INVESTMENT SERVICES, INC.
/s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ By:/s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇, Secretary ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇, President