AMENDMENT NO. 12 AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(xxv)
AMENDMENT NO. 12
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Amendment No. 12, dated May 1, 2008 (“Amendment No. 12”) to the Amended and Restated Investment Management Agreement, dated as of May 1, 2000, as amended (“Agreement”), between EQ Advisors Trust, a Delaware statutory trust (“Trust”) and AXA Equitable Life Insurance Company, a New York stock life insurance company (“AXA Equitable” or “Manager”).
The Trust and AXA Equitable agree to modify and amend the Agreement as follows:
1. Name Changes. The names of the MarketPLUS International Core Portfolio, MarketPLUS Large Cap Growth Portfolio, MarketPLUS Large Cap Core Portfolio and MarketPLUS Mid Cap Value Portfolio are changed to EQ/International Core PLUS Portfolio, EQ/Large Cap Growth PLUS Portfolio, EQ/Large Cap Core PLUS Portfolio and EQ/Mid Cap Value PLUS Portfolio, respectively.
2. Appendix A: Appendix A to the Agreement, which sets forth the Portfolios of the Trust for which AXA Equitable is appointed investment manager is hereby replaced in its entirety by Appendix A attached hereto, and
3. Appendix B: Appendix B to the Agreement, which sets forth the fees payable to AXA Equitable with respect to each Portfolio, is hereby replaced in its entirety by Appendix B 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. 12 as of the date first above set forth.
| EQ ADVISORS TRUST | AXA EQUITABLE LIFE INSURANCE COMPANY | |||||||
| By: | /s/ Xxxxx Xxxxx | By: | /s/ Xxxxxx X. Xxxxx | |||||
| Xxxxx Xxxxx | Xxxxxx X. Xxxxx | |||||||
| Chief Financial Officer and Treasurer | Senior Vice President | |||||||
APPENDIX A
AMENDMENT NO. 12
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
EQ/AllianceBernstein Common Stock Portfolio
EQ/AllianceBernstein Growth and Income Portfolio
EQ/AllianceBernstein Value Portfolio
EQ/AllianceBernstein Intermediate Government Securities Portfolio
EQ/AllianceBernstein International Portfolio
EQ/AllianceBernstein Large Cap Growth Portfolio
EQ/AllianceBernstein Quality Bond Portfolio
EQ/AllianceBernstein Small Cap Growth Portfolio
EQ/Ariel Appreciation II Portfolio
EQ/AXA Xxxxxxxxx Value Long/Short Equity Portfolio
EQ/BlackRock Basic Value Equity Portfolio (formerly, EQ/Mercury Basic Value Equity)
EQ/BlackRock International Value Portfolio (formerly, EQ/Mercury International Value)
EQ/Xxxxxxx Socially Responsible Portfolio
EQ/Capital Guardian Growth Portfolio
EQ/Capital Guardian Research Portfolio
EQ/Xxxxx New York Venture Portfolio
EQ/Equity 500 Index Portfolio
EQ/Evergreen International Bond Portfolio
EQ/Evergreen Omega Portfolio
EQ/FI Mid Cap Portfolio
EQ/Franklin Income Portfolio
EQ/Franklin Small Cap Value Portfolio
EQ/International ETF Portfolio
EQ/International Core PLUS Portfolio (formerly, MarketPLUS International Core Portfolio)
EQ/JPMorgan Core Bond Portfolio
EQ/JPMorgan Value Opportunities Portfolio
EQ/Large Cap Core PLUS Portfolio (formerly, MarketPLUS Large Cap Core Portfolio)
EQ/Large Cap Growth PLUS Portfolio (formerly, MarketPLUS Large Cap Growth Portfolio)
EQ/Xxxx Xxxxx Value Equity Portfolio
EQ/Lord Xxxxxx Growth and Income Portfolio
EQ/Lord Xxxxxx Large Cap Core Portfolio
EQ/Lord Xxxxxx Mid Cap Value Portfolio
EQ/Xxxxxxx Focus Portfolio
EQ/Mid Cap Value PLUS Portfolio (formerly, MarketPLUS Mid Cap Value Portfolio)
EQ/Money Market Portfolio
EQ/Mutual Shares Portfolio
EQ/Xxxxxxxxxxx Global Portfolio
EQ/Xxxxxxxxxxx Main Street Opportunity Portfolio
EQ/Xxxxxxxxxxx Main Street Small Cap Portfolio
EQ/Small Company Index Portfolio
EQ/Xxxxxxxxx Growth Portfolio
EQ/Xxx Xxxxxx Xxxxxxxx Portfolio
EQ/Xxx Xxxxxx Emerging Markets Equity Portfolio
EQ/Xxx Xxxxxx Mid Cap Growth Portfolio
EQ/Xxx Xxxxxx Real Estate Portfolio
APPENDIX B
AMENDMENT NO. 12
TO THE AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
The Trust shall pay the Manager, at the end of each calendar month, compensation computed daily at an annual rate equal to the following:
(as a percentage of average daily net assets) (fee on all assets)
| Index Portfolios |
|||
| EQ/Equity 500 Index |
0.250 | % | |
| EQ/Small Company Index |
0.250 | % |
(as a percentage of average daily net assets)
| Debt Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | ||||||||||
| EQ/AllianceBernstein Intermediate Government Securities |
0.500 | % | 0.475 | % | 0.450 | % | 0.430 | % | 0.420 | % | |||||
| EQ/AllianceBernstein Quality Bond |
0.525 | % | 0.500 | % | 0.475 | % | 0.455 | % | 0.445 | % | |||||
| EQ/Evergreen International Bond |
0.700 | % | 0.675 | % | 0.650 | % | 0.630 | % | 0.620 | % | |||||
| EQ/JPMorgan Core Bond |
0.450 | % | 0.425 | % | 0.400 | % | 0.380 | % | 0.370 | % | |||||
| EQ/Money Market |
0.350 | % | 0.325 | % | 0.280 | % | 0.270 | % | 0.250 | % | |||||
| (as a percentage of average daily net assets) | |||||||||||||||
| Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
| EQ/AllianceBernstein Common Stock |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | |||||
| EQ/AllianceBernstein Growth and Income |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/AllianceBernstein International |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/AllianceBernstein Large Cap Growth |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/AllianceBernstein Small Cap Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/Ariel Appreciation II |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/AXA Xxxxxxxxx Value Long/Short Equity |
1.400 | % | 1.350 | % | 1.325 | % | 1.300 | % | 1.275 | % | |||||
| EQ/AllianceBernstein Value |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/BlackRock Basic Value Equity (formerly, EQ/Mercury Basic Value Equity) |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/BlackRock International Value (formerly, EQ/Mercury International Value) |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| EQ/Xxxxxxx Socially Responsible |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Capital Guardian Growth |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Capital Guardian Research |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Xxxxx New York Venture |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| EQ/Evergreen Omega |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
(as a percentage of average daily net assets)
| Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
| EQ/FI Mid Cap |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
| EQ/Franklin Income |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Franklin Small Cap Value |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/International ETF |
0.400 | % | 0.400 | % | 0.400 | % | 0.400 | % | 0.400 | % | |||||
| EQ/JPMorgan Value Opportunities |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/Xxxx Xxxxx Value Equity |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Lord Xxxxxx Growth and Income |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Lord Xxxxxx Mid Cap Value |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
| EQ/Lord Xxxxxx Large Cap Core |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Xxxxxxx Focus |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Mutual Shares |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Xxxxxxxxxxx Global |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | |||||
| XX/Xxxxxxxxxxx Xxxx Xxxxxx Xxxxxxxxxxx |
0.000 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| XX/Xxxxxxxxxxx Xxxx Xxxxxx Xxxxx Xxx |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Xxxxxxxxx Growth |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | |||||
| EQ/Xxx Xxxxxx Xxxxxxxx |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Xxx Xxxxxx Emerging Markets Equity |
1.150 | % | 1.100 | % | 1.075 | % | 1.050 | % | 1.025 | % | |||||
| EQ/Xxx Xxxxxx Mid Cap Growth |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
| EQ/Xxx Xxxxxx Real Estate |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| (as a percentage of average daily net assets) | |||||||||||||||
| PLUS Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
| EQ/International Core PLUS |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/Mid Cap Value PLUS |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | |||||
| EQ/Large Cap Growth PLUS |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | |||||
| EQ/Large Cap Core PLUS |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | |||||
