AMENDMENT NO. 13 TO THE MUTUAL FUNDS SERVICE AGREEMENT
Exhibit (h)(1)(xv)
AMENDMENT NO. 13
TO THE
MUTUAL FUNDS SERVICE AGREEMENT
AMENDMENT NO. 13 to the Mutual Funds Service Agreement dated as of August 16, 2010, between EQ Advisors Trust, a Delaware statutory trust (“Trust”) and AXA Equitable Life Insurance Company (“AXA Equitable”), a New York stock life insurance company (“AXA Equitable” or “Administrator”) (“Amendment No. 13”).
The Trust and AXA Equitable agree to modify and amend the Mutual Funds Service Agreement, dated as of May 1, 2000, as amended by previous Amendment Nos. 1 through 12 (“Agreement”), as follows:
| 1. | New Portfolios. ATM Core Bond Portfolio and ATM Government Bond Portfolio are hereby added to the Agreement on the terms and conditions contained in the Agreement. |
| 2. | Schedule A. Schedule A to the Agreement, which sets forth the compensation to be paid by the Trust to AXA Equitable for services rendered pursuant to 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. 13 as of the date first above set forth.
| 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 | |||||||
SCHEDULE A
AMENDMENT NO. 13
MUTUAL FUNDS SERVICE AGREEMENT
Fees and Expenses
Trust Administration, Accounting and Compliance Fees
| Portfolio(s) |
Fee | |
| All Portfolios (except as noted below) |
0.12% of the first $3 billion; 0.11% of the next $3 billion; 0.105% of the next $4 billion; 0.10% of the next $20 billion; and 0.0975% thereafter, (based on average daily net assets) plus $30,000 per Portfolio. | |
| EQ/AXA Franklin Small Cap Value Core Portfolio EQ/Equity Growth PLUS Portfolio EQ/Franklin Core Balanced Portfolio EQ/Global Bond PLUS Portfolio EQ/Global Multi-Sector Equity Portfolio EQ/International Core PLUS Portfolio EQ/Large Cap Core PLUS Portfolio EQ/Large Cap Growth PLUS Portfolio EQ/Large Cap Value PLUS Portfolio EQ/Mid Cap Value PLUS Portfolio EQ/Mutual Large Cap Equity Portfolio EQ/Quality Bond PLUS Portfolio EQ/Xxxxxxxxx Global Equity Portfolio (collectively, the “Hybrid Portfolios”) |
0.15% of the first $20 billion of the Hybrid Portfolios aggregate average daily net assets; 0.125% of the next $5 billion of the Hybrid Portfolios aggregate average daily net assets; 0.10% thereafter; plus $32,500 per Portfolio, plus $32,500 for each allocated portion of the Portfolio. | |
| All Asset Allocation Portfolio AXA Balanced Strategy Portfolio AXA Conservative Growth Strategy Portfolio AXA Conservative Strategy Portfolio AXA Growth Strategy Portfolio AXA Moderate Growth Strategy Portfolio EQ/Franklin Xxxxxxxxx Allocation Portfolio (collectively, the “AXA Allocation Portfolios”) |
0.15% of each AXA Allocation Portfolio’s average daily net assets plus $32,500 per Portfolio. | |
| ATM Core Bond Portfolio ATM Government Bond Portfolio ATM International Portfolio ATM Large Cap Portfolio ATM Mid Cap Portfolio ATM Small Cap Portfolio AXA Tactical Manager 2000 Portfolio-I, III AXA Tactical Manager 400 Portfolio-I, III AXA Tactical Manager 500 Portfolio-I, III AXA Tactical Manager International Portfolio-I, III (collectively, the “Tactical Manager Portfolios”) |
0.15% of the first $20 billion of the Tactical Manager Portfolios aggregate average daily net assets; 0.125% of the next $5 billion of the Tactical Manager Portfolios aggregate average daily net assets; 0.10% thereafter; plus $32,500 per Portfolio, plus $32,500 for each allocated portion of the Portfolio. | |
