AMENDMENT NO. 2 SECOND AMENDED AND RESTATED PARTICIPATION AGREEMENT

Exhibit (h)(5)(iv)

AMENDMENT NO. 2

SECOND AMENDED AND RESTATED PARTICIPATION AGREEMENT

Amendment No. 2, dated as of April 30, 2015 (“Amendment No. 2”), to the Second Amended and Restated Participation Agreement, dated as of April 26, 2012 (“Agreement”), by and among EQ Advisors Trust (“Trust”), AXA Equitable Life Insurance Company, AXA Equitable 401(K) Plan and AXA Distributors, LLC (collectively, the “Parties”).

The Parties hereby agree to modify and amend the Agreement as follows:

1. Name Change. The name of EQ/AllianceBernstein Small Cap Growth Portfolio has been changed to AXA/AB Small Cap Growth Portfolio.

2. Schedule A. Schedule A to the Agreement, setting forth the Portfolios of the Trust participating on behalf of which the Trust is entering into the Agreement is hereby replaced in its entirety by Schedule 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. 2 as of the date first above set forth.

EQ ADVISORS TRUST						AXA EQUITABLE 401(K) PLAN
By: Name:		/s/ Xxxxxx X. Xxxxx Xxxxxx X. Xxxxx President and Chief Executive Officer				By:		Investment Committee established by the employee benefit plans sponsored by AXA Equitable Life Insurance Company, as Plan Fiduciary
						By:		/s/ Xxxx Xxxxxxx
						Name:		Xxxx Xxxxxxx
						Title:		Chairman of Investment
								Committee for Benefit Plans
AXA DISTRIBUTORS, LLC						AXA EQUITABLE LIFE INSURANCE COMPANY
By:		/s/ Xxxx Xxxx				By:		/s/ Xxxx Xxxxxxx
Name:		Xxxx Xxxx				Name:		Xxxx Xxxxxxx
Title:		Chairman, President, Chief Executive Officer and Chief Retirement Savings Officer				Title:		Director

SCHEDULE A

AXA EQUITABLE 401(K) PLAN PARTICIPATION AGREEMENT

DESIGNATED PORTFOLIOS AND CLASSES

Portfolios
AXA/AB Small Cap Growth Portfolio			Class K
EQ/GAMCO Small Company Value Portfolio			Class K
EQ/MFS International Growth Portfolio			Class K