EXHIBIT (h)(2)(iv)
AMENDMENT NO. 1 TO
AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
AMENDMENT NO. 1 to the Amended and Restated Expense Limitation
Agreement, dated as of August 30, 1999, between EQ Financial Consultants, Inc.
(the "Manager") and EQ Advisors Trust (the "Trust).
The Manager and Trust hereby agree to modify and amend the Amended and
Restated Expense Limitation Agreement (the "Agreement"), dated as of May 1, 1999
between them as follows:
1. New Portfolio. The Manager and the Trust have determined add the
Xxxxxxx Socially Responsible Portfolio ("New Portfolio") to the
Agreement on the terms and conditions contained in the Agreement, and
at the level of the expense limitation applicable to the New Portfolio
as set forth in the attached schedule.
2. Schedule A. Schedule A to the Agreement, which sets forth the
Portfolios of the Trust, is hereby replaced in its entirety by
Amendment No. 1 to 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. 1 as of the date first above set forth.
EQ ADVISORS TRUST EQ FINANCIAL CONSULTANTS, INC.
By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxxxxx
--------------------- -------------------------
Xxxxx X. Xxxxx Xxxxxxx X. Xxxxxx
President and Trustee Chairman of the Board and
Chief Executive Officer
AMENDMENT NO. 1 TO
SCHEDULE A
OPERATING EXPENSE LIMITS
This Agreement related to the following Portfolios of the Trust:
Maximum Annual
Operating
Name of Portfolio Expense Limit
----------------- -------------
Xxxxxxx Socially Responsible Portfolio .80%
BT Equity 500 Index Portfolio .30%
BT International Equity Index Portfolio .75%
BT Small Company Index Portfolio .50%
Capital Guardian International Portfolio .95%
Capital Guardian U.S. Equity Portfolio .70%
Capital Guardian Research Portfolio .70%
EQ/Alliance Premier Growth Portfolio .90%
EQ/Xxxxxx Balanced Portfolio .65%
EQ/Xxxxxx Growth & Income Value Portfolio .60%
EQ/Xxxxxx International Equity Portfolio .95%
EQ/Xxxxxx Investors Growth Portfolio .70%
EQ/Evergreen Foundation Portfolio .70%
EQ/Evergreen Portfolio .80%
JPM Core Bond Portfolio .55%
Lazard Large Cap Value Portfolio .70%
Lazard Small Cap Value Portfolio .95%
Xxxxxxx Xxxxx Basic Value Equity Portfolio .60%
Xxxxxxx Xxxxx World Strategy Portfolio .95%
MFS Emerging Growth Companies Portfolio .60%
MFS Growth with Income Portfolio .60%
MFS Research Portfolio .60%
Xxxxxx Xxxxxxx Emerging Markets Equity Portfolio 1.50%
X. Xxxx Price Equity Income Portfolio .60%
X. Xxxx Price International Stock Portfolio .95%
Warburg Pincus Small Company Value Portfolio .75%