Document:

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45

                                  EXHIBIT 10.15

                                EATON VANCE CORP.

           1992 INCENTIVE PLAN - STOCK ALTERNATIVE - RESTATEMENT NO. 4

     1. Definitions. As used in this Eaton Vance Corp. 1992 Incentive Plan -
Stock Alternative, the following terms shall have the following meaning:

     Administrator means the Board of Directors or any committee or persons to
whom it delegates its authority.

     Annual Incentive means an annual cash incentive awarded by the Company,
including without limitation thereto the bonuses known as PIB and PROP.

     Annual Incentive Recipient means any employee who receives an Annual
Incentive.

     Board means the Company's Board of Directors.

     Company means Eaton Vance Corp., a Maryland corporation, and its
subsidiaries.

     Hardship means an immediate and heavy financial need, which may be met only
by the sale of Shares as determined by the Administrator in accordance with
nondiscriminatory standards.

     Monthly Incentive means a monthly cash incentive bonus awarded by the
Company.

     Monthly Incentive Recipient means any employee who receives a Monthly
Incentive.

     Option means an option to convert a percentage of Annual Incentive or
Monthly Incentive into Shares pursuant to this Plan.

     Participant means an Annual Incentive Recipient or a Monthly Incentive
Recipient who has elected to participate in the Plan.

     Plan means this 1992 Incentive Plan - Stock Alternative.

     Shares mean shares of Non-Voting Common Stock of Eaton Vance Corp.

     2. Purpose. The purpose of the Plan is to provide employees of the Company
who are entitled to receive cash incentives the opportunity to apply up to half
their incentives to the purchase of Shares.

     3. Effective Date. The Plan became effective July 17, 1992. This
Restatement No. 4 shall be effective November 14, 2000.

     4. Shares Subject to the Plan. The number of Shares that may be made
subject to the Plan shall not exceed 2,400,00 in the aggregate. The Shares to be
delivered pursuant to a purchase under the Plan may consist, in whole or in
part, of authorized but unissued Shares or treasury Shares not reserved for any
other purpose.
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46

                            EXHIBIT 10.15 (CONTINUED)

     5. Options for Annual Incentive Recipients.

     (a) Persons Eligible. Each Annual Incentive Recipient (including, without
limitation, an officer or director of Eaton Vance Corp.) shall be eligible to
participate in the Plan.

     (b) Price. The price per share shall be 90% of the average closing price of
a Share during the first five trading days following the tenth of November.

     (c) Exercise of Options.

     (1) Each Annual Incentive Recipient may elect to apply any whole percentage
of his or her Annual Incentive, from a minimum of 5% to a maximum of 50%, to the
purchase of Shares.

     (2) The election must be made by November tenth. Failure to make a timely
election shall be deemed to be an election not to participate for that year.

     (3) The Company shall apply each Participant's elected amount of Annual
Incentive to the purchase of Shares at the specified price and shall deliver to
the Participant notice of issuance of the Shares before the end of November.

     6. Options for Monthly Incentive Recipients.

     (a) Persons Eligible. Each Monthly Incentive Recipient (including, without
limitation, an officer or director of Eaton Vance Corp.) shall be eligible to
participate in the Plan.

     (b) Price.

     (1) For incentives withheld during the November 1 to April 30 fiscal half
year, the price per Share shall be 90% of the average closing price of a Share
during the first five trading days following May tenth.

     (2) For incentives withheld during the May 1 to October 31 fiscal half
year, the price per Share shall be 90% of the average closing price of a Share
during the first five trading days following November tenth.

     (c) Exercise of Options.

     (1) Each Monthly Incentive Recipient may elect to have any whole percentage
of his or her Monthly Incentive, from a minimum of 5% to a maximum of 50%,
withheld and applied to the purchase of Shares.

     (2) The election must be made on or before the last business day of April
for the fiscal half year beginning May 1 and ending October 31 and on or before
the last business day of October for the fiscal half year beginning November 1
and ending April 30. Failure to make a timely election shall be deemed an
election not to participate for that fiscal half year.

     (3) The Company will hold the money and in May and November apply each
Participant's elected amount to the purchase of Shares at the specified price
and shall deliver notice to the Participant of issuance of the Shares before the
end of May and November.
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47

                            EXHIBIT 10.15 (CONTINUED)

     (d) Opt Out. A Monthly Incentive Recipient (except an officer or director
of Eaton Vance Corp. who has made an irrevocable election in the form of
Schedule B hereto) who has elected to participate under the Plan may opt out as
to all (but not part) of the bonuses withheld for the purchase of Shares by
giving written notice to the Administrator prior to the last business day of the
fiscal half year. Any amounts withheld from a Participant's Monthly Incentive
through deductions for the purchase of Shares and not used for the purchase of
Shares shall be returned without interest.

     7. Terms and Conditions Applicable to All Options.

     (a) Holding Period. Except in the case of Hardship, no Participant may sell
the Shares for a period of one year from the date such Shares are issued to him
or her. The Company will withhold certificates for one year from the date of
issuance, at which time the Company shall cause to be delivered to the
Participant a certificate or certificates for the number of Shares purchased by
the Participant.

     (b) Hardship. If a participant demonstrates to the Administrator that he or
she has incurred a Hardship, the Administrator may in its discretion deliver,
before the expiration of one year after purchase, certificates representing
shares purchased by the Participant sufficient in value to meet the Hardship;
provided that no certificates will be delivered to an officer or director of
Eaton Vance Corp. before the expiration of six months after purchase.

     (c) Whole Shares. The Company will purchase the maximum number of whole
Shares with the bonuses to be applied. Any amounts representing fractional share
interests shall be returned without interest.

     (d) Limitation on Participation. Participation shall be limited to
Participants who comply with such administrative procedures as the Administrator
shall establish.

     (e) Purchase for Investment. Each Participant may be required to sign such
agreement as the Administrator may require to the effect the Participant is
purchasing for investment and not with a view to resale or other distribution.

     (f) Options Not Transferable. Options under the Plan are not assignable or
transferable by a Participant and are exercisable only by the Participant.

     8. Administration. The Plan shall be administered by the Administrator. The
Administrator shall have authority to interpret and apply all provisions of the
Plan and to prescribe, amend and rescind rules and regulations relating to the
Plan. Nothing in this section shall be deemed to authorize the Administrator to
alter or administer the provisions of the Plan in a manner inconsistent with the
terms of the Plan.

     9. Amendments to or Discontinuation of the Plan. The Board shall have the
right to amend, modify or terminate the Plan at any time without notice,
provided, however, that the then existing rights of all Participants shall not
be adversely affected thereby.<PAGE>

48

                                  EXHIBIT 10.16
                                                                October 11, 2000
                                EATON VANCE CORP.

                               AMENDMENT NO. 1 TO
                  EXECUTIVE PERFORMANCE-BASED COMPENSATION PLAN

     The Eaton Vance Corp. Executive Performance-Based Compensation Plan, dated
May 18, 1998 and approved by the voting stockholders of Eaton Vance Corp. on May
21, 1998, ("Plan") is hereby amended as follows:

     1. In Section 5(b)(ii), Business Criteria, delete "and" before item "(14)"
and add the following after item (14):

            "and (15) the volume of sales of Eaton Vance funds."

     2. In Section 5(h), Maximum Amounts Payable to a Participant, change
"$3,000,000" to "$10,000,000".

All other terms of the Plan remain unchanged and in full force and effect. This
Amendment No. 1 shall be effective upon approval by the voting stockholders of
Eaton Vance Corp.<PAGE>

49

                                  EXHIBIT 10.17

                                EATON VANCE CORP.

                        SUPPLEMENTAL PROFIT SHARING PLAN

                                   AS RESTATED

I. Name and Purpose

The name of this plan is the Eaton Vance Corp. Supplemental Profit Sharing Plan
(the "Plan"). Its purpose is to provide certain employees of Eaton Vance Corp.
and its subsidiaries (collectively, the "Company") with the opportunity to
receive employer contributions in excess of the amounts allowed under the Eaton
Vance Management Profit-Sharing Retirement, Savings, and Money Purchase Pension
Plans (collectively, the "Qualified Plans") as a result of the compensation
limits of Internal Revenue Code Section 401(a)(17).

II. Effective Date

The Plan shall be effective as of November 1, 1995. The Plan Year shall be
November 1 to October 31.

III. Participant

Except as otherwise provided for under the Plan, each employee who is eligible
under each of the Qualified Plans, whose compensation exceeds the limitations
imposed under Section 401(a)(17) of the Internal Revenue Code of 1986, as
amended, and who is within a select group of management or highly compensated
employees as defined under ERISA, shall be eligible to participate in the Plan
(a "Participant"). The Company shall establish for each Participant an unfunded
account (the "Plan Account"), as specified in Section IV.

IV. Supplemental Profit Sharing Plan Account

(A) A separate Plan Account shall be established and maintained for each
Participant. The Plan Account shall reflect the amounts credited pursuant to the
Plan and all changes in investment value from time to time.

(B) The Company shall credit an amount to each Plan Account at the time it
credits amounts to the Eaton Vance Management Profit-Sharing Retirement Plan, in
an amount equal to each Participant's base salary multiplied by the sum of the
employer contribution percentages under the Eaton Vance Management
Profit-Sharing Retirement Plan and Money Purchase Pension Plan, reduced by the
amount of employer contributions actually contributed to the three Qualified
Plans on behalf of such Participant. Such Participant's allocation under this
Plan and under the Qualified Plans shall not exceed $30,000 for any given Plan
Year.

(C) Each Participant's Plan Account shall be credited or debited to reflect
changes in value as though the balance standing to the Plan Account had been
invested identically to the Participant's interest in the Eaton Vance Management
Profit-Sharing Retirement Plan.

(D) A Participant will receive a statement of his Plan Account balance within
sixty (60) days of the end of the Plan Year. With respect to distributions from
the Plan, value changes will be made through the end of the month preceding the
date of actual distribution.
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50

                            EXHIBIT 10.17 (CONTINUED)

V. Security

Payment obligations under the Plan are unfunded. The Participant shall have the
status of a general unsecured creditor of the Company. This Plan constitutes a
mere promise by the Company to make benefit payments in the future. It is the
intention of the Company and the Participant that the arrangement-, hereunder be
unfunded for tax purposes and for purposes of Title I of ERISA.

VI. Distribution Payments

(A) In the event the Participant separates from service with the Company for any
reason, the balance of the Plan Account will be distributed to the Participant
in cash in a single sum as soon as practicable after the quarterly valuation
date following termination of employment.

(B) In the event of a Participant's death prior to receiving the balance of his
Plan Account, the Participant's beneficiary(ies) shall be entitled to receive
the balance of the Participant's Plan Account, in cash in a single sum as soon
as is practicable after the quarterly valuation date following the Participant's
death. Each Participant's beneficiary(ies) under the Plan shall be the same as
such Participant's beneficiary(ies) under the Eaton Vance Management
Profit-Sharing Retirement Plan.

VII. Limitation of Rights

Establishment of the Plan shall not be construed as giving the Participant the
right to be employed by the Company or the right to receive any benefits not
specifically provided for under the Plan. The Participant shall not have any
interest in the amounts contributed or earnings credited to his Plan Account
balance until such Plan Account is distributed in accordance with the terms of
the Plan. All amounts contributed and held for the Plan Account of the
Participant shall remain the sole property of the Company, subject to the claims
of its general creditors. With respect to amounts contributed or otherwise held
for the Plan Account of the Participant, the Participant is merely a general
creditor of the Company; and the obligation of the Company hereunder is purely
contractual and shall not be funded or secured in any way.

VIII. Non-alienability and Non-transferability

The rights of the Participant to the payment of amounts credited under the Plan
shall not be assigned, transferred, pledged or encumbered or be subject in any
manner to alienation or anticipation. The Participant may not borrow against his
Plan Account. The Plan Account shall not be subject in any manner to
anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
charge, garnishment, execution or levy of any kind, whether voluntary or
involuntary, including but not limited to any liability which is for alimony or
other payments for the support of a spouse or former spouse, or for any other
relative of the Participant.

IX. Administration

The Administrator of this Plan shall be Eaton Vance Management (the "Plan
Administrator"). The Plan Administrator shall have authority to adopt rules and
regulations for carrying out the Plan and discretion to interpret, construe and
implement the provisions hereof. Any decision or interpretation of any provision
of the Plan adopted by the Plan Administrator shall be final and conclusive.
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51

                            EXHIBIT 10.17 (CONTINUED)

X. Amendment and Termination of the Plan

The Plan may, at any time or from time to time, be amended, modified or
terminated by the Board of Directors of the Company. However, no amendment,
modification or termination of the Plan shall, without the consent of the
Participant, adversely affect such Participant's rights with respect to the
balance then standing to his Plan Account.

XI. General Provisions

(A) Administrative Expenses. All expenses of administering the Plan shall be
paid by the Company and no part thereof shall be charged against any
Participant's Plan Account.

(B) Controlling Law. Except to the extent superseded by federal law, the laws of
the Commonwealth of Massachusetts shall be controlling in all matters relating
to the Plan, including construction and performance hereof.

(C) Facility of Payment. Any amounts payable hereunder to any person who is
under legal disability or who, in the judgment of the Plan Administrator, is
unable to properly manage his financial affairs may be paid to the legal
representative of such person or may be applied for the benefit of such person
in any manner which the Plan Administrator may select, and any such payment
shall be deemed to be payment for such person's Plan Account and shall be a
complete discharge of all liability of the Company with respect to the amount so
paid.

(D) Withholding Payroll Taxes. To the extent required by the laws in effect at
the time payments are made, the Company shall withhold from such payments any
taxes required to be withheld for federal, state or local government purposes.

XII. Unfunded Status of the Plan

Any and all payments made to the Participant pursuant to the Plan shall be made
only from the general assets of the Company. All Plan Accounts under the Plan
shall be for bookkeeping purposes only and shall not represent a claim against
specific assets of the Company.

IN WITNESS WHEREOF, the Company has caused this Plan restatement to be executed
this 27th day of October, 2000.

EATON VANCE CORP.

      /s/ William M. Steul
By:   ______________________________

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