Exhibit (d)(4)(i)
AMENDMENT NO. 1
TO INVESTMENT ADVISORY AGREEMENT
AMENDMENT NO. 1 to Investment Advisory Agreement ("Amendment No. 1"),
dated as of May 21, 2001, between The Equitable Life Assurance Society of the
United States, a New York corporation ("Equitable") and Xxxxxx Investment
Management, a Massachusetts corporation ("Adviser").
Equitable and Adviser agree to modify and amend the Investment Advisory
Agreement dated as of April 28, 1997 between EQ Financial Consultants, Inc. (the
predecessor to Equitable) and Adviser as follows:
1. PORTFOLIOS. Equitable hereby reaffirms its appointment of the Adviser
as the investment adviser for the EQ/Xxxxxx Growth and Income Value Portfolio,
the EQ/Xxxxxx International Equity Portfolio and the EQ/Xxxxxx Investors Growth
Portfolio on the terms and conditions set forth in the Agreement.
2. APPENDIX A. Appendix A to the Agreement, setting forth the Portfolios
of the Trust for which the Adviser is appointed as the investment adviser and
the fees payable to the Adviser with respect to each Portfolio is hereby
replaced in its entirety by Appendix A attached hereto.
Expect 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.
THE EQUITABLE LIFE ASSURANCE SOCIETY
XXXXXX INVESTMENT MANAGEMENT, L.L.C. OF THE UNITED STATES
By: /s/ Xxxxxx X. Silver By: /s/ Xxxxx X. X'Xxxx
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Name: Xxxxxx X. Silver Name: Xxxxx X. X'Xxxx
Title: Senior Managing Director Title: Executive Vice President
APPENDIX A
TO AMENDMENT NO. 1
TO INVESTMENT ADVISORY AGREEMENT
WITH XXXXXX INVESTMENT MANAGEMENT, L.L.C.
Portfolio Advisory Fee
EQ/Xxxxxx Growth and Income Value Portfolio .50% of the Portfolio's average daily
net assets up to and including $150
million; 45% of the Portfolio's average
daily net assets over $150 million and up
to and including $300 million; and .35%
of the Portfolio's average daily net
assets in excess of $300 million
EQ/Xxxxxx International Equity Portfolio .65% of the Portfolio's average daily net
assets up to and including $150 million;
.55% of the Portfolio's average daily net
assets over $150 million and up to and
including $300 million; and .45% of the
Portfolio's average daily net assets in
excess of $300 million.
EQ/Xxxxxx Investors Growth Portfolio .50% of the Portfolio's average daily net
assets up to and including $150 million'
.45% of the Portfolio's average daily net
assets over $150 million and up to and
including $300 million; and .35% of the
Portfolio's average daily net assets in
excess of $300 million
Dated: May 23, 2001
