AMENDMENT NO. 10 AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(xx)
AMENDMENT NO. 10
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Amendment No. 10, dated May 1, 2007 (“Amendment No. 10”) to the Amended and Restated Investment Management Agreement, dated as of May 1, 2000 (“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”).
The Trust and AXA Equitable agree to modify and amend the Agreement as follows:
| 1. | MarketPLUS Portfolios. Effective as of May 25, 2007, the EQ/Capital Guardian International Portfolio, EQ/FI Mid Cap Value Portfolio, EQ/MFS Investors Trust Portfolio and EQ/MFS Emerging Growth Companies Portfolio will convert to the MarketPLUS International Core Portfolio, MarketPLUS Mid Cap Value Portfolio, MarketPLUS Large Cap Core Portfolio and MarketPLUS Large Cap Growth Portfolio, respectively, and the management fee for each such Portfolio will be revised as set forth in Appendix B hereto. |
| 2. | Appendix A. Appendix A to the Agreement and Amendments, 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 |
| 3. | Appendix B. Appendix B to the Agreement and Amendments, 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. |
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. 10 as of the date first above set forth.
| AXA EQUITABLE LIFE INSURANCE COMPANY | ||||||
| By: | /s/ Xxxxxxx X. Xxxxxxxxx |
By: | /s/ Xxxxxx X. Xxxxx | |||
| Xxxxxxx X. Xxxxxxxxx | Xxxxxx X. Xxxxx | |||||
| Chief Financial Officer and Treasurer | Senior Vice President | |||||
APPENDIX A
AMENDMENT NO. 10
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
| EQ/AllianceBernstein Common Stock Portfolio |
EQ/JPMorgan Core Bond Portfolio | |
| EQ/AllianceBernstein Growth and Income Portfolio |
EQ/Janus Large Cap Growth Portfolio | |
| EQ/AllianceBernstein Value Portfolio |
EQ/JPMorgan Value Opportunities Portfolio | |
| EQ/AllianceBernstein Intermediate Government Securities Portfolio |
EQ/Xxxx Xxxxx Value Equity Portfolio | |
| EQ/AllianceBernstein International Portfolio |
EQ/Lord Xxxxxx Growth and Income Portfolio | |
| EQ/AllianceBernstein Large Cap Growth Portfolio |
EQ/Lord Xxxxxx Large Cap Core Portfolio | |
| EQ/AllianceBernstein Quality Bond Portfolio |
EQ/Lord Xxxxxx Mid Cap Value Portfolio | |
| EQ/AllianceBernstein Small Cap Growth Portfolio |
EQ/Xxxxxxx Focus Portfolio | |
| EQ/Ariel Appreciation II Portfolio |
EQ/Mercury Basic Value Equity Portfolio* | |
| EQ/AXA Xxxxxxxxx Value Long/Short Portfolio |
EQ/Mercury International Value Portfolio* | |
| EQ/BlackRock Basic Value Equity Portfolio* (formerly, EQ/Mercury Basic Value Equity) |
EQ/MFS Emerging Growth Companies Portfolio* | |
| EQ/BlackRock International Value Portfolio* (formerly, EQ/Mercury International Value) |
EQ/MFS Investors Trust Portfolio* | |
| EQ/Xxxxxxx Socially Responsible Portfolio |
EQ/Money Market Portfolio | |
| EQ/Capital Guardian Growth Portfolio |
EQ/Mutual Shares Portfolio | |
| EQ/Capital Guardian International Portfolio* |
EQ/Xxxxxxxxxxx Global Portfolio | |
| EQ/Capital Guardian Research Portfolio |
EQ/Xxxxxxxxxxx Main Street Opportunity Portfolio | |
| EQ/Capital Guardian U.S. Equity Portfolio |
EQ/Xxxxxxxxxxx Main Street Small Cap Portfolio | |
| EQ/Xxxxx New York Venture Portfolio |
EQ/Small Company Index Portfolio | |
| EQ/Equity 500 Index Portfolio |
EQ/Small Cap Value Portfolio | |
| EQ/Evergreen International Bond Portfolio |
EQ/Xxxxxxxxx Growth Portfolio | |
| EQ/Evergreen Omega Portfolio |
EQ/Xxx Xxxxxx Xxxxxxxx Portfolio | |
| EQ/FI Mid Cap Portfolio |
EQ/Xxx Xxxxxx Emerging Markets Equity Portfolio | |
| EQ/FI Mid Cap Value Portfolio* |
EQ/Xxx Xxxxxx Mid Cap Growth Portfolio | |
| EQ/Franklin Income Portfolio |
EQ/Xxx Xxxxxx Real Estate Portfolio | |
| EQ/Franklin Small Cap Value Portfolio |
EQ/Xxxxx Fargo Xxxxxxxxxx Small Cap Portfolio | |
| EQ/International ETF Portfolio |
MarketPLUS International Core Portfolio* | |
| FQ/Janus Large Cap Growth Portfolio |
MarketPLUS Large Cap Core Portfolio* | |
| MarketPLUS Large Cap Growth Portfolio* | ||
| MarketPLUS Mid Cap Value Portfolio* |
| * | Name changes effective on or about May 25, 2007. |
APPENDIX B
AMENDMENT NO. 10
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) (fee on all assets) |
|||
| Index Portfolios |
|||
| EQ/Equity 500 Index |
0.250 | % | |
| 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/AllianceBernstein Intermediate Government Securities |
0.500 | % | 0.475 | % | 0.450 | % | 0.430 | % | 0.420 | % | |||||
| EQ/AllianceBernstein Quality Bond |
0.525 | % | 0.500 | % | 0.475 | % | 0.455 | % | 0.445 | % | |||||
| EQ/Evergreen International Bond |
0.700 | % | 0.675 | % | 0.650 | % | 0.630 | % | 0.620 | % | |||||
| EQ/X.X. Xxxxxx Core Bond |
0.450 | % | 0.425 | % | 0.400 | % | 0.380 | % | 0.370 | % | |||||
| 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 Common Stock |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | |||||
| EQ/AllianceBernstein Growth and Income |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/AllianceBernstein International |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/AllianceBernstein Large Cap Growth |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/AllianceBernstein Small Cap Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/Ariel Appreciation II |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/AXA Xxxxxxxxx Value Long/Short |
1.400 | % | 1.350 | % | 1.325 | % | 1.300 | % | 1.275 | % | |||||
| EQ/AllianceBernstein Value |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/BlackRock Basic Value Equity (formerly, EQ/Mercury Basic Value Equity)* |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/BlackRock International Value (formerly, EQ/Mercury International Value)* |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| 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 International** |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| EQ/Capital Guardian Research |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| (as a percentage of average daily net assets) |
|||||||||||||||
| Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
| EQ/Capital Guardian U.S. Equity |
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/Evergreen Omega |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/FI Mid Cap |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
| EQ/FI Mid Cap Value** |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/Franklin Income |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Franklin Small Cap Value |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/International ETF |
0.400 | % | 0.400 | % | 0.400 | % | 0.400 | % | 0.400 | % | |||||
| EQ/Janus Large Cap Growth |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/JPMorgan Value Opportunities |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/Xxxx Xxxxx Value Equity |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Lord Xxxxxx Growth and Income |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Lord Xxxxxx Mid Cap Value |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
| EQ/Lord Xxxxxx Large Cap Core |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Xxxxxxx Focus |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Mercury Basic Value Equity* |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/Mercury International Value* |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| EQ/MFS Emerging Growth Companies** |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/MFS Investors Trust** |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| EQ/Mutual Shares |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Xxxxxxxxxxx Global |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | |||||
| XX/Xxxxxxxxxxx Xxxx Xxxxxx Xxxxxxxxxxx |
0.000 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| XX/Xxxxxxxxxxx Xxxx Xxxxxx Xxxxx Xxx |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Small Cap Value |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
| EQ/Xxxxxxxxx Growth |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | |||||
| EQ/Xxx Xxxxxx Xxxxxxxx |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
| EQ/Xxx Xxxxxx Emerging Markets Equity |
1.150 | % | 1.100 | % | 1.075 | % | 1.050 | % | 1.025 | % | |||||
| EQ/Xxx Xxxxxx Mid Cap Growth |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
| EQ/Xxx Xxxxxx Real Estate |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
| EQ/Xxxxx Fargo Xxxxxxxxxx Small Cap |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
| (as a percentage of average daily net assets) |
|||||||||||||||
| MarketPlus Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
| MarketPlus International Core Portfolio** |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
| MarketPlus Mid Cap Value Portfolio** |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | |||||
| MarketPlus Large Cap Growth Portfolio** |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | |||||
| MarketPlus Large Cap Core Portfolio** |
0.500 | % | 0.450 | % | 0.425 | % | 0.400 | % | 0.375 | % | |||||
| * | Name changes effective on or about May 25, 2007. |
| ** | Name changes and rate changes effective on or about May 25, 2007. |
