AMENDMENT NO. 2 TO THE AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(1)(3)
AMENDMENT NO. 2
TO THE
AMENDED AND RESTATED
AMENDMENT NO. 2 dated as of October 1, 2022 (“Amendment No. 2”), to the Amended and Restated Investment Advisory Agreement dated July 16, 2020 (“Agreement”) between EQ Premier VIP Trust, a Delaware statutory trust (the “Trust”) and Equitable Investment Management Group, LLC, a limited liability company organized in the State of Delaware (“EIM” or “Adviser”).
WHEREAS, the Trust and EIM desire to update the Agreement to modify the compensation paid to the Adviser with respect to the Classic Allocation Portfolios;
NOW THEREFORE, the Trust and EIM agree to modify and amend the Agreement as follows:
Appendix B. Appendix B to the Agreement, which sets forth the fees payable to EIM with respect to each Portfolio, is hereby replaced in its entirety by Appendix 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. 2 as of the date first above set forth.
EQ PREMIER VIP TRUST | EQUITABLE INVESTMENT MANAGEMENT GROUP, LLC | |||||||
By: | /s/ Xxxxx Xxxxx |
By: | /s/ Xxxxxxx Xxxxxxxxx | |||||
Xxxxx Xxxxx | Xxxxxxx Xxxxxxxxx | |||||||
Chief Financial Officer and | Director, Executive Vice President and Chief | |||||||
Treasurer | Investment Officer |
1
APPENDIX A
TO AMENDMENT NO. 2
AMENDED AND RESTATED
Portfolios
EQ/Aggressive Allocation Portfolio
EQ/Conservative Allocation Portfolio
EQ/Conservative-Plus Allocation Portfolio
EQ/Core Plus Bond Portfolio
EQ/Moderate Allocation Portfolio
EQ/Moderate-Plus Allocation Portfolio
Target 2015 Allocation Portfolio
Target 2025 Allocation Portfolio
Target 2035 Allocation Portfolio
Target 2045 Allocation Portfolio
Target 2055 Allocation Portfolio
2
APPENDIX B
AMENDMENT NO. 2
AMENDED AND RESTATED
The Trust will pay the Adviser, on a monthly basis, compensation computed and accrued daily at an annual rate equal to the following:
(as percentage of daily net assets) |
||||||||||||||||||||||||
Classic Allocation Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $4 Billion |
Next $3 Billion |
Thereafter | ||||||||||||||||||
EQ/Aggressive Allocation Portfolio |
0.100 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0825 | % | 0.0800 | % | ||||||||||||
EQ/Conservative Allocation Portfolio |
0.100 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0825 | % | 0.0800 | % | ||||||||||||
EQ/Conservative-Plus Allocation Portfolio |
0.100 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0825 | % | 0.0800 | % | ||||||||||||
EQ/Moderate Allocation Portfolio |
0.100 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0825 | % | 0.0800 | % | ||||||||||||
EQ/Moderate-Plus Allocation Portfolio |
0.100 | % | 0.0925 | % | 0.0900 | % | 0.0875 | % | 0.0825 | % | 0.0800 | % |
(as a percentage of average daily net assets) | ||||||||||
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | ||||||
EQ/Core PLUS Bond Portfolio |
0.600% | 0.580% | 0.560% | 0.540% | 0.530% |
(as percentage of daily net assets) | ||
Target Date Portfolios |
||
Target 2015 Allocation Portfolio |
0.10% of the Portfolio’s average daily net assets | |
Target 2025 Allocation Portfolio |
0.10% of the Portfolio’s average daily net assets | |
Target 2035 Allocation Portfolio |
0.10% of the Portfolio’s average daily net assets | |
Target 2045 Allocation Portfolio |
0.10% of the Portfolio’s average daily net assets | |
Target 2055 Allocation Portfolio |
0.10% of the Portfolio’s average daily net assets |