AMENDMENT NO. 5 PARTICIPATION AGREEMENT
Exhibit (13)(f)(vii)
AMENDMENT NO. 5
Amendment No. 5, which is dated July 16, 2020 (“Amendment No. 5”), to the Participation Agreement, dated as of October 1, 2013, as amended (“Agreement”), by and among Equitable Premier VIP Trust (formerly, AXA Premier VIP Trust) (“Trust”), MONY Life Insurance Company and Equitable Distributors (formerly, AXA Distributors, LLC) (collectively, the “Parties”).
WHEREAS, the Parties wish to amend the Agreement to reflect the name change of AXA Premier VIP Trust, AXA Distributors, LLC, AXA Equitable Financial Services, LLC, AXA Financial, Inc. and certain Portfolio names listed in Schedule B (as reflected in Section 3 below).
The Parties hereby agree to amend the Agreement as follows:
| 1. | All references in the Agreement to AXA Premier VIP Trust, AXA Distributors, LLC, AXA Equitable Financial Services, LLC and AXA Financial, Inc. are hereby deleted and replaced with EQ Premier VIP Trust, Equitable Distributors, LLC, Equitable Financial Services, LLC and Equitable Holdings, Inc., respectively. |
| 2. | Removed Portfolios. The following Portfolios of the Trust are hereby deleted in their entirety from the Agreement: CharterSM Conservative Portfolio, CharterSM Moderate Portfolio, CharterSM Moderate Growth Portfolio, CharterSM Growth Portfolio, CharterSM Aggressive Growth Portfolio, CharterSM Small Cap Growth Portfolio and CharterSM Small Cap Value Portfolio. |
| 3. | Name Changes. The following Portfolio names have changed: |
| Current Portfolio Name |
New Portfolio Name | |
| AXA Aggressive Allocation Portfolio | EQ/Aggressive Allocation Portfolio | |
| AXA Conservative Allocation Portfolio | EQ/Conservative Allocation Portfolio | |
| AXA Conservative–Plus Allocation Portfolio | EQ/Conservative–Plus Allocation Portfolio | |
| AXA Moderate Allocation Portfolio | EQ/Moderate Allocation Portfolio | |
| AXA Moderate–Plus Allocation Portfolio | EQ/Moderate–Plus Allocation Portfolio | |
| CharterSM Multi-Sector Bond Portfolio | EQ/Core Plus Bond Portfolio | |
| 4. | Schedule B. Schedule B to the Agreement, setting forth the Portfolios of the Trust on behalf of which the Trust is entering into the Agreement is hereby replaced in its entirety by Schedule 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. 5 as of the date first above set forth.
| EQ PREMIER VIP TRUST | MONY LIFE INSURANCE COMPANY, ON BEHALF OF ITS SEPARATE ACCOUNTS | |||||||
| By: | /s/ Xxxxxxx Xxxxxxxxx |
By: | /s/ Xxxxx X. Xxxxx | |||||
| Name: | Xxxxxxx Xxxxxxxxx | Name: | Xxxxx X. Xxxxx | |||||
| Title: | Senior Vice President | Title: | VP, Operations | |||||
| EQUITABLE DISTRIBUTORS, LLC | ||||||||
| By: | /s/ Xxxxxxxx Xxxx |
|||||||
| Name: | Xxxxxxxx Xxxx | |||||||
| Title: | Chairman, Chief Executive Officer and President | |||||||
SCHEDULE B
AMENDMENT NO. 5
EQ/Aggressive Allocation Portfolio
EQ/Conservative Allocation Portfolio
EQ/Conservative–Plus Allocation Portfolio
EQ/Moderate Allocation Portfolio
EQ/Moderate–Plus Allocation Portfolio
EQ/Core Plus Bond Portfolio
Target 2015 Allocation Portfolio
Target 2025 Allocation Portfolio
Target 2035 Allocation Portfolio
Target 2045 Allocation Portfolio
