AMENDMENT NO. 21 AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(xxxx)
AMENDMENT NO. 21
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Amendment No. 21, effective as of February 1, 2011 (“Amendment No. 21”) 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”).
WHEREAS, AXA Equitable and the Trust desire to modify the fee paid with respect to the EQ/International Value PLUS Portfolio.
NOW THEREFORE, The Trust and AXA Equitable agree to modify and amend the Agreement as follows:
1. | Name Change: Effective February 22, 2011 the name of the EQ/BlackRock International Value Portfolio was changed to EQ/International Value PLUS Portfolio. |
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 reflects the name change of the EQ/BlackRock International Value Portfolio to the EQ/International Value PLUS Portfolio. |
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 and reflects the new management fee for the EQ/International Value PLUS Portfolio. |
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. 21 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. 21
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
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 EQ/AllianceBernstein Dynamic Wealth Strategies Portfolio EQ/AllianceBernstein International Portfolio EQ/AllianceBernstein Small Cap Growth Portfolio EQ/AXA Franklin Small Cap Value Core Portfolio EQ/BlackRock Basic Value Equity Portfolio EQ/Xxxxxxx Socially Responsible Portfolio EQ/Capital Guardian Growth Portfolio EQ/Capital Guardian Research Portfolio EQ/Common Stock Index Portfolio EQ/Core Bond Index Portfolio EQ/Xxxxx New York Venture Portfolio EQ/Equity 500 Index Portfolio EQ/Equity Growth PLUS Portfolio EQ/Franklin Core Balanced Portfolio EQ/Global Bond PLUS Portfolio EQ/Global Multi-Sector Equity Portfolio |
EQ/Intermediate Government Bond Index Portfolio EQ/International Core PLUS Portfolio EQ/International ETF Portfolio EQ/International Value PLUS Portfolio (formerly, EQ/BlackRock International Value Portfolio) EQ/JPMorgan Value Opportunities Portfolio EQ/Large Cap Core PLUS Portfolio EQ/Large Cap Growth Index Portfolio EQ/Large Cap Growth PLUS Portfolio EQ/Large Cap Value Index Portfolio EQ/Large Cap Value PLUS Portfolio EQ/Lord Xxxxxx Growth and Income Portfolio EQ/Lord Xxxxxx Large Cap Core Portfolio EQ/Mid Cap Index Portfolio EQ/Mid Cap Value PLUS Portfolio EQ/Money Market Portfolio EQ/Xxxxxx Xxxxxxx Mid Cap Growth Portfolio EQ/Mutual Large Cap Equity Portfolio EQ/Xxxxxxxxxxx Global Portfolio EQ/Quality Bond PLUS Portfolio EQ/Small Company Index Portfolio EQ/Xxxxxxxxx Global Equity Portfolio EQ/Xxx Xxxxxx Xxxxxxxx Portfolio EQ/Xxxxx Fargo Advantage Omega Growth Portfolio | |
APPENDIX B
AMENDMENT NO. 21
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) | ||
Index Portfolios |
||
EQ/AllianceBernstein International |
0.400% | |
EQ/Common Stock Index |
0.350% | |
EQ/Core Bond Index |
0.350% | |
EQ/Equity 500 Index |
0.250% | |
EQ/Intermediate Government Bond Index |
0.350% | |
EQ/Large Cap Growth Index |
0.350% | |
EQ/Large Cap Value Index |
0.350% | |
EQ/Mid Cap Index |
0.350% | |
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/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 Dynamic Wealth Strategies |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
EQ/AllianceBernstein Small Cap Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
EQ/AXA Franklin Small Cap Value Core |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/BlackRock Basic Value Equity |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
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/Franklin Core Balanced |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/Global Multi-Sector Equity |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | ||||||||||
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/Lord Xxxxxx Growth and Income |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/Lord Xxxxxx Large Cap Core |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/Mutual Large Cap Equity |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % |
(as a percentage of average daily net assets) | ||||||||||||||||||||
Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
EQ/Xxxxxx Xxxxxxx Mid Cap Growth |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/Xxxxxxxxxxx Global |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | ||||||||||
EQ/Xxxxxxxxx Global Equity |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | ||||||||||
EQ/Xxx Xxxxxx Xxxxxxxx |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | ||||||||||
EQ/Xxxxx Fargo Advantage Omega Growth |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % |
(as a percentage of average daily net assets) | ||||||||||||||||||||
PLUS Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||||||||||||
EQ/Equity Growth PLUS |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | ||||||||||
EQ/International Core PLUS |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | ||||||||||
EQ/International Value PLUS (formerly, EQ/BlackRock International Value) |
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 | % | ||||||||||
EQ/Large Cap Value PLUS |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % |
(as a percentage of average daily net assets) | ||||||||||||
PLUS Portfolios |
First $4 Billion |
Next $4 Billion |
Thereafter | |||||||||
EQ/Global Bond PLUS |
0.550 | % | 0.530 | % | 0.510 | % | ||||||
EQ/Quality Bond PLUS |
0.400 | % | 0.380 | % | 0.360 | % |
(as a percentage of average daily net assets) | ||||||||||||
First $4 Billion |
Next $4 Billion |
Thereafter | ||||||||||
Tactical Portfolios |
||||||||||||
ATM Core Bond |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
ATM Government Bond |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
ATM International Portfolio |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
ATM Large Cap Portfolio |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
ATM Mid Cap Portfolio |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
ATM Small Cap Portfolio |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
AXA Tactical Manager 2000 Portfolio-I, III |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
AXA Tactical Manager 400 Portfolio-I, III |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
AXA Tactical Manager 500 Portfolio-I, III |
0.450 | % | 0.430 | % | 0.410 | % | ||||||
AXA Tactical Manager International Portfolio-I, III |
0.450 | % | 0.430 | % | 0.410 | % |