AMENDMENT NO. 3 TO
SUBADVISORY AGREEMENT
AMENDMENT NO. 3, dated as of September 18, 2007, to the Subadvisory Agreement
("Amendment No. 3"), by and among FIRST INVESTORS MANAGEMENT COMPANY, INC.,
a New York corporation (the "Adviser"), WELLINGTON MANAGEMENT COMPANY., LLP
(previously known as WELLINGTON MANAGEMENT COMPANY), a Massachusetts limited
liability partnership (the "Subadviser"), FIRST INVESTORS EQUITY FUNDS (the
"Trust"), a Delaware business trust.
Effective as of July 25, 2007, the Adviser, the Subadviser and the Trust
agreed to modify and amend the Subadvisory Agreement (the "Agreement") dated
as of January 27, 2006, in order to remove references to all funds except
the First Investors Global Fund, as follows:
1. Schedule A. Schedule A to the Agreement, setting forth the Series of the
Trust for which the Subadviser is appointed as the investment subadviser and
the fees payable to the Subadviser with respect to each Series, is hereby
deleted and replaced by the attached Schedule A.
Except as modified and amended hereby, the Agreement is hereby ratified and
confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed by their officers designated below as of the day and year first
above written.
FIRST INVESTORS MANAGEMENT
COMPANY, INC.
By: /S/ XXXXXXX X. HEAD
Name: Xxxxxxx X. Head
Title: President
WELLINGTON MANAGEMENT
COMPANY, LLP
By: /S/ XXXXX XXXXXXX
Name: Xxxxx Xxxxxxx
Title: Director of Marketing
FIRST INVESTORS EQUITY FUNDS
By: /S/ XXXXXXX X. HEAD
Name: Xxxxxxx X. Head
Title: President
FIRST INVESTORS EQUITY FUNDS
SUBADVISORY AGREEMENT
SCHEDULE A
DATED September 18,2007
Pursuant to Paragraph l(a) and Paragraph 4 of the Agreement made as of
January 27, 2006, Subadviser shall serve as investment subadviser to the
following Series of the Trust, and the compensation paid to Subadviser with
respect to assets of each such Series allocated to Subadviser's investment
discretion shall be calculated in accordance with the following schedules:
First Investors Equity Funds:
Global Fund
Advisory Fee as % of
Average Daily Net Assets Average Daily Net Assets
Up to $50 million 0.400%
In excess of $50 million and up
to $150 million 0.275%
In excess of $150 million and up
to $500 million 0.225%
Over $500 million 0.200%
