EX-99.(D)(I)(B) 2 g87378bexv99wxdyxiyxby.txt EX-99.(D)(I)(B) RIDER DATED MAY 1, 2003 EXHIBIT (d)(i)(b) RIDER TO ENTERPRISE ACCUMULATION TRUST RESTATED INVESTMENT ADVISER'S AGREEMENT DATED SEPTEMBER 17, 2002 This Rider made this 1st day of May 2003, is by and between Enterprise Accumulation Trust (the "Fund"), a Massachusetts trust, and Enterprise Capital Management, Inc., a Georgia corporation. The Agreement is hereby modified by adding to Schedule A the following:
Percentage of Average Daily Closing Net Asset Values of Name of Portfolio Portfolio to be Paid ----------------- --------------------------- Deep Value At the rate of 0.75% of the average of the daily closing net asset values of the Portfolio per year, paid monthly. Mergers and Acquisitions At the rate of 0.90% of the average of the daily closing net asset values of the Portfolio per year, paid monthly. Short Duration Bond At the rate of 0.45% of the average of the daily closing net asset values of the Portfolio per year, paid monthly.
Whenever there is any conflict between this Rider and the printed part of the Agreement, the provisions of the Agreement are paramount and the Agreement shall be construed accordingly. IN WITNESS WHEREOF, the parties hereof have caused this Rider to be signed by their duly authorized officers and their corporate seals hereunto affixed and attested as of the date first above written. ENTERPRISE ACCUMULATION TRUST By: /s/ CATHERINE R. McCLELLAN By: /s/ VICTOR UGOLYN -------------------------- ------------------------------- ENTERPRISE CAPITAL MANAGEMENT, INC. By: /s/ CATHERINE R. McCLELLAN By: /s/ VICTOR UGOLYN -------------------------- ------------------------------- EXHIBIT (d)(i)(b) RIDER TO ENTERPRISE ACCUMULATION TRUST RESTATED INVESTMENT ADVISER'S AGREEMENT DATED SEPTEMBER 17, 2002 This Rider made this 1st day of May 2003, is by and between Enterprise Accumulation Trust (the "Fund"), a Massachusetts trust, and Enterprise Capital Management, Inc., a Georgia corporation. The Agreement is hereby modified by adding to Schedule A the following:
Percentage of Average Daily Closing Net Asset Values of Name of Portfolio Portfolio to be Paid ----------------- ----------------------------------- Deep Value At the rate of 0.75% of the average of the daily closing net asset values of the Portfolio per year, paid monthly. Mergers and Acquisitions At the rate of 0.90% of the average of the daily closing net asset values of the Portfolio per year, paid monthly. Short Duration Bond At the rate of 0.45% of the average of the daily closing net asset values of the Portfolio per year, paid monthly.
Whenever there is any conflict between this Rider and the printed part of the Agreement, the provisions of the Agreement are paramount and the Agreement shall be construed accordingly. IN WITNESS WHEREOF, the parties hereof have caused this Rider to be signed by their duly authorized officers and their corporate seals hereunto affixed and attested as of the date first above written. ENTERPRISE ACCUMULATION TRUST By: /s/ CATHERINE R MCCLELLAN By: /s/ VICTOR UGOLYN ------------------------- ---------------------------------------- ENTERPRISE CAPITAL MANAGEMENT, INC. By: /s/ CATHERINE R MCCLELLAN By: /s/ VICTOR UGOLYN ------------------------- ----------------------------------------