AMENDMENT NO. 3 TO THE INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(27)(iii)
AMENDMENT NO. 3 TO THE
AMENDMENT NO. 3, dated as of September 9, 2005 to the Investment Advisory Agreement between AXA Equitable Life Insurance Company (“AXA Equitable” or the “Manager”) and Boston Advisors, Inc., a Massachusetts corporation (the “Adviser”) (“Amendment No. 3”).
AXA Equitable and the Adviser agree to modify the Investment Advisory Agreement, dated as of July 9, 2004, as amended by Amendment No. 1, dated as of December 1, 2004 and Amendment No. 2 dated as of June 16, 2005 (“Agreement”) as follows:
1. As a result of the reorganizations of certain Portfolios, AXA Equitable hereby terminates its appointment of the Adviser as the investment adviser to the EQ/MONY Equity Income Portfolio, EQ/MONY Equity Growth Portfolio an EQ/MONY Diversified Portfolio.
2. Portfolios. AXA Equitable hereby reaffirms its appointment of the Adviser as the investment adviser for the EQ/Boston Advisors Equity Income Portfolio, the EQ/Short Duration Bond Portfolio, the EQ/Government Securities Portfolio, the EQ/Intermediate Term Bond Portfolio and the EQ/Long Term Bond Portfolio on the terms and conditions set forth in the Agreement.
3. Appendix A. Appendix A to the Agreement, setting forth the Portfolios of the EQ Advisors Trust for which the Adviser is appointed as the investment adviser and the fees payable to the Adviser with respect to each Portfolio is hereby replaced in its entirety by Appendix A attached hereto.
Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 3 as of the date first above set forth.
| AXA EQUITABLE LIFE INSURANCE COMPANY | BOSTON ADVISORS, INC. | |||||
| By: |
/s/ Xxxxxx X. Xxxxx |
By: |
/s/ Xxxxxxx Xxxxxxxxx | |||
| Name: |
Xxxxxx X. Xxxxx |
Name: |
Xxxxxxx Xxxxxxxxx | |||
| Title: |
Senior Vice President |
Title: |
President | |||
AMENDMENT NO. 3
TO APPENDIX A
OF THE INVESTMENT ADVISORY AGREEMENT
| Portfolios |
Annual Advisory Fee | |
| EQ/Boston Advisors Equity Income Portfolio | 0.30% of the Portfolio’s average daily net assets up to and including $100 million; 0.25% of the Portfolio’s average daily net assets over $100 million and up to and including $200 million; and 0.20% of the Portfolio’s average daily net assets in excess of $200 million. | |
| EQ/Short Duration Bond Portfolio | 0.10% of the Portfolio’s average daily net assets. | |
| EQ/Intermediate Term Bond Portfolio | 0.15% of the Portfolio’s average daily net assets. | |
| EQ/Government Securities Portfolio | 0.15% of the Portfolio’s average daily net assets. | |
| EQ/Long Term Bond Portfolio | 0.15% of the Portfolio’s average daily net assets. | |
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