Common use of Letter of Credit No Clause in Contracts

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USA, National Association, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch, as LC Issuer under the Reimbursement Agreement referred to below , Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association Landesbank Hessen-Thüringen Girozentrale New York Branch 000 Xxxxx Xxxxxx, X0 Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 XX 00000-0000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USAJPMorgan Chase Bank, National AssociationN.A., as LC Issuer administrative agent under the Reimbursement Credit Agreement referred to below [[NAME OF FRONTING ISSUING BANK], as Fronting Issuing Bank under the Credit Agreement referred to below] Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Amended and Restated Revolving Credit Agreement, dated as of February 16June 24, 2018 2021 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Credit Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto, the Banks party thereto and HSBC Bank USAJPMorgan Chase Bank, National AssociationN.A. as administrative agent. Capitalized terms used herein without definition are used as defined in the Reimbursement Credit Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your issuance of a [Syndicated][Fronted] Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the [Syndicated][Fronted] Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your amendment of the [Syndicated][Fronted] Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended [Syndicated][Fronted] Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended [Syndicated][Fronted] Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your extension of the expiration date of the [Syndicated][Fronted] Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the [Syndicated][Fronted] Letter of Credit otherwise remain the same and are contained in the [Syndicated][Fronted] Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies This Assignment and Gentlemen: Reference is made to the Reimbursement Agreement Assumption (the “Reimbursement AgreementAssignment and Assumption”) is dated as of February 16, 2018 among Equitable Holdings, Inc. the Transfer Date set forth below and is entered into by and between [Insert name of Assignor] (the “GuarantorAssignor”) and [Insert name of Assignee] (the “Assignee”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned given to such terms them in the Reimbursement Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Guarantor Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the “Subject Subsidiary” (as identified on Assignee hereby irrevocably purchases and assumes from the signature pages below)Assignor, have executed subject to and hereby deliver this Subsidiary Joinder in accordance with the Standard Terms and Conditions and the Credit Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the Transfer Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a Bank under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the facility identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Bank) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the credit transactions governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Joinder Effective Date” (Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as defined below):expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor.

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USAJPMorgan Chase Bank, National AssociationN.A., as LC Issuer under the Reimbursement Agreement referred to below , Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USAJPMorgan Chase Bank, National Association. N.A. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The .The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USATo: JPMorgan Chase Bank, National Association N.A. 000 Xxxxx Xxxxxxx Xxxxxx, X0 00xx Xxxxx Xxx Xxxx, Xxx Xxxx XX, 00000 Attention: Xxxxx Xxxxxx Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USAJPMorgan Chase Bank, National Association. N.A. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USA, National Association, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USAof America, National AssociationN.A., as LC Issuer administrative agent under the Reimbursement Credit Agreement referred to below [[NAME OF FRONTING ISSUING BANK], as Fronting Issuing Bank under the Credit Agreement referred to below] Attention: Re: [●] (the "Subsidiary Account Party"“Obligor”) Reference is made to the Reimbursement Credit Agreement, dated as of February 1624, 2018 2023 (as the same may be amended, restated, amended and restated, supplemented or otherwise modified from time to time, the "Reimbursement “Credit Agreement"”), among Equitable Holdings, Xxxxxxx Financial Inc., the Subsidiary Account Parties from time to time party thereto, the Banks from time to time party thereto and HSBC Bank USAof America, National AssociationN.A. as administrative agent. Capitalized terms used herein without definition are used as defined in the Reimbursement Credit Agreement. [The Subsidiary Account Party Obligor hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your issuance of a [Syndicated][Fronted] Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $_________, to be issued on _________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the [Syndicated][Fronted] Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party Obligor hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your amendment of the [Syndicated][Fronted] Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party Obligor requests that the amended [Syndicated][Fronted] Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $_________, to be amended as of _________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended [Syndicated][Fronted] Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party Obligor hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your extension of the expiration date of the [Syndicated][Fronted] Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party Obligor requests that the extension take effect on _________, ____ (the "“Extension Date"”) with a new expiration date of of_________, ____. The terms and conditions of the [Syndicated][Fronted] Letter of Credit otherwise remain the same and are contained in the [Syndicated][Fronted] Letter of Credit attached hereto.] [●], as the Subsidiary Account Party Obligor By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies This Assignment and Gentlemen: Reference is made to the Reimbursement Agreement Assumption (the “Reimbursement AgreementAssignment and Assumption”) is dated as of February 16, 2018 among Equitable Holdings, Inc. the Transfer Date set forth below and is entered into by and between [Insert name of Assignor] (the “GuarantorAssignor”) and [Insert name of Assignee] (the “Assignee”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned given to such terms them in the Reimbursement Credit Agreement identified below (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Guarantor Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the “Subject Subsidiary” (as identified on Assignee hereby irrevocably purchases and assumes from the signature pages below)Assignor, have executed subject to and hereby deliver this Subsidiary Joinder in accordance with the Standard Terms and Conditions and the Credit Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the Transfer Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a Bank under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the facility identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Bank) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the credit transactions governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Joinder Effective Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. Assignor: Assignee: [and is an Affiliate of [identify Bank] Administrative Agent: Bank of America, N.A., as the administrative agent under the Credit Agreement Credit Agreement: Revolving Credit Agreement, dated as of February [24], 2023, among Xxxxxxx Financial Inc., the Subsidiary Account Parties from time to time party thereto, the Banks from time to time party thereto and Bank of America, N.A., as Administrative Agent Assigned Interest: Facility Assigned Aggregate Amount of Commitment/LC Exposure for all Banks Amount of Commitment/LC Exposure Assigned Percentage Assigned of Commitment/LC Exposure9 $ $ % $ $ % $ $ % Transfer Date” (: , 20 [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 9 Set forth, to at least 9 decimals, as defined below):a percentage of the Commitment/LC Exposure of all Banks thereunder. The terms set forth in this Assignment and Assumption are hereby agreed to: [NAME OF ASSIGNOR] By: Name: Title: [NAME OF ASSIGNEE] By: Name: Title: [Consented to] and Accepted: BANK OF AMERICA, N.A., as Administrative Agent By: Name: Title: [Consented to:] NAME OF FRONTING ISSUING BANK By: Name: Title: [Consented to:] XXXXXXX FINANCIAL INC. By: Name: Title:]

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Barclays Bank USA, National AssociationPLC, as LC Issuer under the Reimbursement Agreement referred to below , Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Barclays Bank USA, National AssociationPLC. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Barclays Bank USA, National Association PLC 000 Xxxxx Xxxxxx, X0 Xxxxxxx Xxx. Xxx Xxxx, Xxx Xxxx XX 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Barclays Bank USA, National AssociationPLC. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USANatixis, National AssociationNew York Branch, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USANatixis, National AssociationNew York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: ____________________________________ Name: __________________________________ Title: ___________________________________ To HSBC Bank USANatixis, National Association 000 Xxxxx Xxxxxx, X0 New York Branch Office of the General Counsel 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx XX 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USANatixis, National AssociationNew York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] We confirm that each condition specified in Section 3.01 of the Agreement is satisfied on the date of this Letter of Credit Request and that the Letter of Credit will be used only to support reinsurance of the Applicant and the Guarantor. We further confirm that none of the conditions specified in Section 2.01(f) of the Agreement have occurred and are continuing. Delivery instructions and contact information: [to be delivered to the beneficiary.] [amend as appropriate] [●], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association Landesbank Hessen-Thüringen Girozentrale New York Branch 000 Xxxxx XxxxxxXxxxxx New York, X0 Xxx Xxxx, Xxx Xxxx 00000 NY 10018‑2729 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (as the “same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement”") dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USANatixis, National AssociationNew York Branch, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USANatixis, National AssociationNew York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [●], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USANatixis, National Association 000 Xxxxx Xxxxxx, X0 New York Branch Office of the General Counsel 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx XX 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USANatixis, National AssociationNew York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USA, National AssociationCredit Agricole Corporate and Investment Bank, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationCredit Agricole Corporate and Investment Bank. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Credit Agricole Corporate and Investment Bank USA, National Association 000 Xxxxx Xxxxxx, X0 0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxxx Bambuck Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationCredit Agricole Corporate and Investment Bank. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USAJPMorgan Chase Bank, National AssociationN.A., as LC Issuer administrative agent under the Reimbursement Credit Agreement referred to below [[NAME OF FRONTING ISSUING BANK], as Fronting Issuing Bank under the Credit Agreement referred to below] Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Credit Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement “Credit Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto, the Banks party thereto and HSBC Bank USAJPMorgan Chase Bank, National AssociationN.A. as administrative agent. Capitalized terms used herein without definition are used as defined in the Reimbursement Credit Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your issuance of a [Syndicated][Fronted] Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the [Syndicated][Fronted] Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your amendment of the [Syndicated][Fronted] Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended [Syndicated][Fronted] Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended [Syndicated][Fronted] Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Credit Agreement, of its request for your extension of the expiration date of the [Syndicated][Fronted] Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the [Syndicated][Fronted] Letter of Credit otherwise remain the same and are contained in the [Syndicated][Fronted] Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies This Assignment and Gentlemen: Reference is made to the Reimbursement Agreement Assumption (the “Reimbursement AgreementAssignment and Assumption”) is dated as of February 16, 2018 among Equitable Holdings, Inc. the Transfer Date set forth below and is entered into by and between [Insert name of Assignor] (the “GuarantorAssignor”) and [Insert name of Assignee] (the “Assignee”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned given to such terms them in the Reimbursement Credit Agreement identified below (as amended, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Guarantor Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the “Subject Subsidiary” (as identified on Assignee hereby irrevocably purchases and assumes from the signature pages below)Assignor, have executed subject to and hereby deliver this Subsidiary Joinder in accordance with the Standard Terms and Conditions and the Credit Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the Transfer Date inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations in its capacity as a Bank under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the facility identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Bank) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the credit transactions governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Joinder Effective Date” (Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as defined below):expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor.

Letter of Credit No. With reference to To the aboveAddressee: At the request of A , we B , hereby claim payment open this IRREVOCABLE STANDBY LETTER OF CREDIT NO. C in your favor up to an aggregate of [●] $ D U.S. dollars (USD [●]Dollars, available by your draft(s) on us at sight. We warrant to you that all of your drafts under this CLEAN IRREVOCABLE LETTER OF CREDIT WILL BE DULY HONORED UPON PRESENTATION OF YOUR DRAFT(S) drawn on us and presented to us at the amount office of which should be paid to our Texas Branch, now located at E , E on or before the following account: [●] HSBC Bank USA, National Association, expiration set forth below or future expiration date as LC Issuer indicated below. Our obligation under this Letter of Credit is the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) individual obligation of the Reimbursement AgreementBank, of its request for your issuance of a in no way contingent upon reimbursement with respect thereto, or upon our ability to perfect any lien or security interest. All drafts must be marked “Drawn Under B Letter of CreditCredit No. C dated , 200_ .” Partial drawings under this Letter of Credit are permitted. Drafts must be accompanied by a statement from the City Manager of the City of San Antonio, or his designee, that A has not performed certain terms, conditions or covenants contained in Concession Agreement No. by and between the form attached heretoCity of San Antonio and A . This CLEAN IRREVOCABLE LETTER OF CREDIT expires at the close of business on F , 200_. This CLEAN IRREVOCABLE LETTER OF CREDIT shall be automatically extended without amendment for additional periods of one (1) year from the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an present or each future expiration date of _________, ____. The requested terms and conditions of unless we have notified you in writing not less than sixty (60) days before such date that we elect not to extend the Letter of Credit are contained for such additional period, such notice to be sent by registered or certified mail to you at the address herein. Upon receipt by you of such notice you may draw on us at sight for the balance remaining in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the this Letter of Credit attached heretowithin the then applicable expiration date, currently issued for the benefit of no statement required. Bank Officer/Representative LEGEND: A-INSERT APPLICANT NAME, I.E. CONCESSIONAIRE NAME. B-INSERT NAME OF ISSUING BANK. C-INSERT L/C IDENTIFICATION NUMBER. D-INSERT DOLLAR VALUE OF INSTRUMENT. E-INSERT EXACT ADDRESS OF LOCAL BANK BRANCH. F-INSERT EXPIRATION DATE OF AGREEMENT PLUS SIXTY DAYS. [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiaryinserted from RFP]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] We confirm that each condition specified in Section 3.01 of the Agreement is satisfied on the date of this Letter of Credit Request and that the Letter of Credit will be used only to support reinsurance of the Applicant and the Guarantor. We further confirm that none of the conditions specified in Section 2.01(f) of the Agreement have occurred and are continuing. Delivery instructions and contact information: [to be delivered to the beneficiary.] [amend as appropriate] as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association Landesbank Hessen-Thüringen Girozentrale New York Branch 000 Xxxxx Xxxxxx, X0 Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 XX 00000‑2729 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (as the “same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement”") dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch, as LC Issuer under the Reimbursement Agreement referred to below , Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] We confirm that each condition specified in Section 3.01 of the Agreement is satisfied on the date of this Letter of Credit Request and that the Letter of Credit will be used only to support reinsurance of the Applicant and the Guarantor. We further confirm that none of the conditions specified in Section 2.01(f) of the Agreement have occurred and are continuing. Delivery instructions and contact information: [to be delivered to the beneficiary.] [amend as appropriate] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association Landesbank Hessen-Thüringen Girozentrale New York Branch 000 Xxxxx Xxxxxx, X0 Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 XX 00000-0000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USALandesbank Hessen-Thüringen Girozentrale, National Associationacting through its New York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●amount in words] U.S. dollars (USD [●amount in numbers]) the amount of which should be paid to the following account: [●] HSBC Bank USA(Insert wire transfer instructions) (Name of Beneficiary) (Name of Authorized Signatory) (Signature) Commerzbank AG, National AssociationNew York Branch, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: :[●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USACommerzbank AG, National AssociationNew York Branch. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Bank USACommerzbank AG, National Association New York Branch 000 Xxxxx Xxxxxx, X0 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 XX 00000-0000 Attn: CTS- Documentary Business Group Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USACommerzbank AG, National AssociationNew York Branch. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Bank USAJPMorgan Chase Bank, National AssociationN.A., as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USAJPMorgan Chase Bank, National Association. N.A. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Bank USATo: JPMorgan Chase Bank, National Association N.A. 000 Xxxxx Xxxxxxx Xxxxxx, X0 00xx Xxxxx Xxx Xxxx, Xxx Xxxx XX, 00000 Attention: Xxxxx Xxxxxx Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USAJPMorgan Chase Bank, National Association. N.A. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the aboveDate: Xxxxx Fargo Bank, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following accountN.A. Trade Services Division, Northern California Xxx Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 Subject: [●] HSBC Bank USA, National Association, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Your Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $Credit No. _________ Ladies and Gentlemen: For value received, we hereby irrevocably assign and transfer all our rights under the above-captioned Letter of Credit, as heretofore and hereafter amended, extended or increased, to: By this transfer, all of our rights in the Letter of Credit are transferred to be issued on ________the transferee, ____ (and the "Issue Date"transferee shall have sole rights as beneficiary under the Letter of Credit, including sole rights relating to any amendments, whether increases or extensions or other amendments, and whether now existing or hereafter made. You are hereby irrevocably instructed to advise future amendment(s) with an expiration date of _________, ____the Letter of Credit to the transferee without our consent or notice to us. The requested Enclosed are the original Letter of Credit and the original of all amendments to this date. Please notify the transferee of this transfer and of the terms and conditions of the Letter of Credit are contained in as transferred. This transfer will not become effective until the form attached hereto.] [transferee is so notified. The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) transferee has succeeded Warland Investments Company or a successor owner as owner of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests “Premises” (as that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained is defined in the Letter of Credit attached hereto.] as the Subsidiary Account Party Credit) Very truly yours, By: Name: Title: To HSBC Bank USASignature of Transferor Guaranteed By: Name: Title: Except as specifically provided in the Lease to which these Rules and Regulations are attached, National Association 000 Xxxxx Xxxxxxno sign, X0 Xxx Xxxxplacard, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to picture, advertisement, name or notice shall be installed or displayed on any part of the Reimbursement Agreement (outside or inside of the “Reimbursement Agreement”) dated as Building or the Project without the prior written consent of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationLandlord. Capitalized terms used but not defined herein Landlord shall have the respective meanings assigned right to such terms remove, at Tenant’s expense and without notice, any sign installed or displayed in violation of this rule. All approved signs or lettering on doors and walls shall comply with all then-applicable governmental requirements and shall be printed, painted, affixed or inscribed at the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) expense of the Reimbursement Agreement, in order to designate the Subject Subsidiary as Tenant by a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):person or company designated by Landlord.

Letter of Credit No. With reference Gentlemen: We hereby establish in your favor our Irrevocable Letter of Credit No. , and you are hereby irrevocably authorized to draw on us under this Letter of Credit an amount up to USD (United States Dollars and 00/100). Funds under this Letter of Credit are available to you (the above“Beneficiary”) by your sight draft (s) drawn on us, we stating on its face: “Drawn under Irrevocable Letter of Credit No. ,” accompanied this original Letter of Credit and a certificate (the “Drawing Certificate”) signed by an officer or other representative of Beneficiary certifying “I, , an officer of (the “Beneficiary”) hereby claim payment certify to (the “Bank”), with respect to Irrevocable Letter of [●] U.S. dollars Credit No. issued by the Bank in favor of Beneficiary, that Beneficiary has the right to draw USD under that certain Lease Agreement dated (USD [●]the “Lease”) the amount of which should be paid to the following account: [●] HSBC Bank USA, National Associationbetween Beneficiary, as LC Issuer landlord, and , as tenant, for the premises comprising a portion of the building known as and numbered .” Partial and multiple drawings are permitted under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is this Letter of Credit. Presentation of drawings hereunder shall be made to the Reimbursement Agreementat our office located at , dated as of February 16, 2018 (as the same or at any other office which may be amendeddesignated by us in a written notice delivered to you. This Letter of Credit is transferable in whole, restatednot in part, supplemented or otherwise modified from time and may be successively transferred. Transfer of this Letter of Credit shall be effective upon presentation to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National Association. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) us of the Reimbursement Agreement, of its request for your issuance of a this original Letter of Credit, in accompanied by our standard transfer request form appropriately completed. Upon such transfer, all references to the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained Beneficiary in the Letter of Credit attached hereto.] as shall be replaced with the Subsidiary Account Party By: Name: Title: To HSBC Bank USAname of the transferee. This Letter of Credit is effective on the date hereof and shall expire with our close of business at 5:00 P.M., National Association 000 Xxxxx Xxxxxxour time, X0 Xxx Xxxx, Xxx Xxxx 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement on (the “Reimbursement AgreementExpiration Date”) dated unless extended as hereinafter provided. We hereby engage with you that draft(s) drawn under and in compliance with the terms and conditions of February 16this Letter of Credit will be duly honored. Upon request, 2018 among Equitable Holdingswe will promptly review and approve in advance any draw under this Letter of Credit facsimile copies of the form of the Drawing Certificate relating to such draw. This Letter of Credit shall be deemed automatically extended, Inc. without amendment, for additional periods of one (1) year from the “Guarantor”Expiration Date hereof or any future expiration date, unless not less than sixty (60) days prior to any Expiration Date, we notify you in writing, by registered mail, courier service or hand delivery, at the above address, that we elect not to extend this Letter of Credit to any such additional periods. If we so notify you that this Letter of Credit will not be extended, you may draw the full amount then available on or before the then current expiration date by means of your sight draft drawn on us, which draft need not be accompanied by the certificate. In any event, this Letter of Credit will not be extended beyond pursuant to the first sentence of this paragraph. This Letter of Credit is subject to Article 5 of the Massachusetts Uniform Commercial Code and where not inconsistent therewith to the Uniform Customs and Practices for Documentary Credits (2007 Revision), the Subsidiary Account Parties party thereto and HSBC International Chamber of Commerce, Paris, France, Publication 590. Very truly yours, Bank USABy: , National Association. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):Its Hereunto duly authorized

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: By its authorized officer: [●INSERT ORIGINAL SIGNATURE] HSBC Bank USA, National Association[INSERT TYPED/PRINTED NAME AND TITLE] Citibank Europe PLC, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationCitibank Europe PLC. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: ____________________________________ Name: __________________________________ Title: ___________________________________ To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Xxx Xxxx, Xxx Xxxx 00000 Citibank Europe PLC [Address] Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationCitibank Europe PLC. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●•] U.S. dollars (USD [●•]) the amount of which should be paid to the following account: [●•] HSBC Bank USA, National AssociationCredit Agricole Corporate and Investment Bank, as LC Issuer under the Reimbursement Agreement referred to below , Attention: Re: [●•] (the "“Subsidiary Account Party"”) Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "“Reimbursement Agreement"”), among AXA Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationCredit Agricole Corporate and Investment Bank. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________$ , to be issued on ________, ____ (the "“Issue Date"”) with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________$ , to be amended as of ________, ____ (the "“Amendment Date"”) with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "“Extension Date"”) with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] [•], as the Subsidiary Account Party By: Name: Title: To HSBC Bank USA, National Association 000 Xxxxx Xxxxxx, X0 Credit Agricole Corporate and Investment Xxxx0000 Xxxxxx xx xxx Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxxx Bambuck Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among AXA Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Bank USA, National AssociationCredit Agricole Corporate and Investment Bank. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor Company and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):

Letter of Credit No. With reference to the above, we hereby claim payment of [●] U.S. dollars (USD [●]) the amount of which should be paid to the following account: [●] HSBC Barclays Bank USA, National AssociationPLC, as LC Issuer under the Reimbursement Agreement referred to below Attention: Re: [●] (the "Subsidiary Account Party") Reference is made to the Reimbursement Agreement, dated as of February 16, 2018 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the "Reimbursement Agreement"), among Equitable Holdings, Inc., the Subsidiary Account Parties party thereto and HSBC Barclays Bank USA, National AssociationPLC. Capitalized terms used herein without definition are used as defined in the Reimbursement Agreement. [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your issuance of a Letter of Credit, in the form attached hereto, for the benefit of [Name and address of Beneficiary], in the amount of $________, to be issued on ________, ____ (the "Issue Date") with an expiration date of _________, ____. The requested terms and conditions of the Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your amendment of the Letter of Credit attached hereto, currently issued for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the amended Letter of Credit be in the form attached hereto, for the benefit of the Beneficiary, in the amount of $________, to be amended as of ________, ____ (the "Amendment Date") with an expiration date of _________, ____. The requested terms and conditions of the amended Letter of Credit are contained in the form attached hereto.] [The Subsidiary Account Party hereby gives you notice pursuant to Section 2.01(b) of the Reimbursement Agreement, of its request for your extension of the expiration date of the Letter of Credit attached hereto, for the benefit of [Name and address of Beneficiary]. The Subsidiary Account Party requests that the extension take effect on ________, ____ (the "Extension Date") with a new expiration date of _________, ____. The terms and conditions of the Letter of Credit otherwise remain the same and are contained in the Letter of Credit attached hereto.] as the Subsidiary Account Party By: Name: Title: To HSBC Barclays Bank USA, National Association PLC 000 Xxxxx Xxxxxx, X0 Xxxxxxx Xxx. Xxx Xxxx, Xxx Xxxx XX 00000 Re: Subsidiary Joinder Agreement Ladies and Gentlemen: Reference is made to the Reimbursement Agreement (the “Reimbursement Agreement”) dated as of February 16, 2018 among Equitable Holdings, Inc. (the “Guarantor”), the Subsidiary Account Parties party thereto and HSBC Barclays Bank USA, National AssociationPLC. Capitalized terms used but not defined herein shall have the respective meanings assigned to such terms in the Reimbursement Agreement. The Guarantor and the “Subject Subsidiary” (as identified on the signature pages below), have executed and hereby deliver this Subsidiary Joinder Agreement, pursuant to Section 8.11(a) of the Reimbursement Agreement, in order to designate the Subject Subsidiary as a Subsidiary Account Party to the Reimbursement Agreement. Accordingly, the Guarantor and the Subject Subsidiary hereby represent and warrant and agree that as of the “Joinder Effective Date” (as defined below):