Exhibit 23 (e) viii under Form N-1A
Exhibit 1 under Item 601/Reg. S-K
Exhibit Q
to the
Distributor's Contract
FEDERATED EQUITY FUNDS
FEDERATED NEW ECONOMY FUND
CLASS A SHARES
The following provisions are hereby incorporated and made part of the
Distributor's Contract dated June 1, 1995, between Federated Equity Funds and
Federated Securities Corp. with respect to the Class of shares set forth above.
1. The Trust hereby appoints FSC to engage in activities principally intended
to result in the sale of shares of the above-listed Class ("Shares").
Pursuant to this appointment, FSC is authorized to select a group of
financial institutions ("Financial Institutions") to sell Shares at the
current offering price thereof as described and set forth in the respective
prospectuses of the Trust.
2. During the term of this Agreement, the Trust will pay FSC for services
pursuant to this Agreement, a monthly fee computed as the annual rate of
.25 of 1% of the average aggregate net asset value of the Shares held
during the month. For the month in which this Agreement becomes effective
or terminates, there shall be an appropriate proration of any fee payable
on the basis of the number of days that the Agreement is in effect during
the month.
3. FSC may from time-to-time and for such periods as it deems appropriate
reduce its compensation to the extent any Class expenses exceed such lower
expense limitation as FSC may, by notice to the Trust, voluntarily declare
to be effective.
4. FSC will enter into separate written agreements with various firms to
provide certain of the services set forth in Paragraph 1 herein. FSC, in
its sole discretion, may pay Financial Institutions a periodic fee in
respect of Shares owned from time to time by their clients or customers.
The schedules of such fees and the basis upon which such fees will be paid
shall be determined from time to time by FSC in its sole discretion.
5. FSC will prepare reports to the Board of Trustees of the Trust on a
quarterly basis showing amounts expended hereunder including amounts paid
to Financial Institutions and the purpose for such expenditures.
In consideration of the mutual covenants set forth in the Distributor's
Contract dated June 1, 1995 between Federated Equity Funds and Federated
Securities Corp., Federated Equity Funds executes and delivers this Exhibit with
respect to the Class A Shares thereof, first set forth in this Exhibit.
Witness the due execution hereof this 1st day of June, 2000.
FEDERATED EQUITY FUNDS
By: /S/ J. CHRISTOPHER DONAHUE
Name: J. Christopher Donahue
Title: Executive Vice President
FEDERATED SECURITIES CORP.
By: /S/ DAVID M. TAYLOR
Name: David M. Taylor
Title: Executive Vice President
Exhibit R
to the
Distributor's Contract
FEDERATED EQUITY FUNDS
FEDERATED NEW ECONOMY FUND
CLASS C SHARES
The following provisions are hereby incorporated and made part of the
Distributor's Contract dated June 1, 1995, between Federated Equity Funds and
Federated Securities Corp. with respect to the Class of shares set forth above.
1. The Trust hereby appoints FSC to engage in activities principally intended
to result in the sale of shares of the above-listed Class ("Shares").
Pursuant to this appointment, FSC is authorized to select a group of
financial institutions ("Financial Institutions") to sell Shares at the
current offering price thereof as described and set forth in the respective
prospectuses of the Trust.
2. During the term of this Agreement, the Trust will pay FSC for services
pursuant to this Agreement, a monthly fee computed as the annual rate of
.75 of 1% of the average aggregate net asset value of the Shares held
during the month. For the month in which this Agreement becomes effective
or terminates, there shall be an appropriate proration of any fee payable
on the basis of the number of days that the Agreement is in effect during
the month.
3. FSC may from time-to-time and for such periods as it deems appropriate
reduce its compensation to the extent any Class expenses exceed such lower
expense limitation as FSC may, by notice to the Trust, voluntarily declare
to be effective.
4. FSC will enter into separate written agreements with various firms to
provide certain of the services set forth in Paragraph 1 herein. FSC, in
its sole discretion, may pay Financial Institutions a periodic fee in
respect of Shares owned from time to time by their clients or customers.
The schedules of such fees and the basis upon which such fees will be paid
shall be determined from time to time by FSC in its sole discretion.
5. FSC will prepare reports to the Board of Trustees of the Trust on a
quarterly basis showing amounts expended hereunder including amounts paid
to Financial Institutions and the purpose for such expenditures.
In consideration of the mutual covenants set forth in the Distributor's
Contract dated June 1, 1995 between Federated Equity Funds and Federated
Securities Corp., Federated Equity Funds executes and delivers this Exhibit with
respect to the Class C Shares thereof, first set forth in this Exhibit.
Witness the due execution hereof this 1st day of June, 2000.
FEDERATED EQUITY FUNDS
By: /S/ J. CHRISTOPHER DONAHUE
Name: J. Christopher Donahue
Title: Executive Vice President
FEDERATED SECURITIES CORP.
By: /S/ DAVID M. TAYLOR
Name: David M. Taylor
Title: Executive Vice President
