AMENDMENT NO. 11 TO THE MUTUAL FUNDS SERVICE AGREEMENT
Exhibit (h)(1)(xiii)
AMENDMENT NO. 11
TO THE
MUTUAL FUNDS SERVICE AGREEMENT
AMENDMENT NO. 11 to the Mutual Funds Service Agreement dated as of September 29, 2009, between EQ Advisors Trust, a Delaware statutory trust (“Trust”) and AXA Equitable Life Insurance Company (“AXA Equitable”), a New York stock life insurance company (“AXA Equitable” or “Administrator”) (“Amendment No. 11”).
The Trust and AXA Equitable agree to modify and amend the Mutual Funds Service Agreement, dated as of May 1, 2000, as amended by previous Amendment Nos. 1 through 10 (“Agreement”), as follows:
| 1. | Name Changes: Effective September 11, 2009 the name of the EQ/Focus PLUS Portfolio is changed to EQ/Equity Growth PLUS Portfolio. Effective September 18, 2009 the names of the EQ/AXA Franklin Income Core Portfolio, EQ/AXA Mutual Shares Core Portfolio, EQ/AXA Xxxxxxxxx Growth Core Portfolio and EQ/AXA Franklin Xxxxxxxxx Founding Strategy Core Portfolio are changed to EQ/Franklin Core Balanced Portfolio, EQ/Mutual Large Cap Equity Portfolio, EQ/Xxxxxxxxx Global Equity Portfolio and EQ/Franklin Xxxxxxxxx Allocation Portfolio, respectively. |
| 2. | Schedule A. Schedule A to the Agreement, which sets forth the compensation to be paid by the Trust to AXA Equitable for services rendered pursuant to the Agreement, is hereby replaced in its entirety by 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. 11 as of the date first above set forth.
| EQ ADVISORS TRUST | AXA EQUITABLE LIFE INSURANCE COMPANY | |||||||
| By: | /s/ Xxxxx Xxxxx |
By: | /s/ Xxxxxx X. Xxxxx | |||||
| Xxxxx Xxxxx | Xxxxxx X. Xxxxx | |||||||
| Chief Financial Officer and Treasurer | Senior Vice President | |||||||
SCHEDULE A
AMENDMENT NO. 11
MUTUAL FUNDS SERVICE AGREEMENT
Fees and Expenses
Trust Administration, Accounting and Compliance Fees
| Portfolio(s) |
Fee | |
| All Portfolios (except as noted below) | 0.12% of the first $3 billion; 0.11% of the next $3 billion; 0.105% of the next $4 billion; 0.10% of the next $20 billion; and 0.0975% thereafter, (based on average daily net assets) plus $30,000 per Portfolio. | |
| All Asset Allocation Portfolio EQ/Franklin Xxxxxxxxx Allocation Portfolio (formerly, |
0.15% of the average daily net assets plus $35,000 per Portfolio. | |
| EQ/AXA Franklin Small Cap Value Core Portfolio EQ/Franklin Core Balanced Portfolio (formerly, EQ/AXA EQ/Global Multi-Sector Equity Portfolio EQ/Mutual Large Cap Equity Portfolio (formerly, EQ/AXA EQ/Xxxxxxxxx Global Equity Portfolio, (formerly, EQ/AXA |
0.15% of each Portfolio’s average daily net assets plus $35,000 for each Portfolio and $35,000 for each allocated portion of a Portfolio. | |
| EQ/Equity Growth PLUS Portfolio (formerly, EQ/Focus EQ/Global Bond PLUS Portfolio EQ/International Core PLUS Portfolio EQ/Large Cap Core PLUS Portfolio EQ/Large Cap Growth PLUS Portfolio EQ/Large Cap Value PLUS Portfolio EQ/Mid Cap Value PLUS Portfolio EQ/Quality Bond PLUS Portfolio (collectively, the “PLUS Portfolios”) |
0.15% of each PLUS Portfolio’s average daily net assets, plus $35,000 for each PLUS Portfolio and $35,000 for each allocated portion of a PLUS Portfolio. | |
| Crossings Conservative Allocation Portfolio Crossings Conservative-Plus Allocation Portfolio Crossings Moderate Allocation Portfolio Crossings Moderate-Plus Allocation Portfolio Crossings Aggressive Allocation Portfolio (collectively, the “Crossings Portfolios”) |
0.15% of each Crossings Portfolio’s average daily net assets plus $35,000 per Portfolio. | |
| Portfolio(s) |
Fee | |
| AXA Balanced Strategy Portfolio AXA Growth Strategy Portfolio AXA Conservative Growth Strategy Portfolio AXA Conservative Strategy Portfolio AXA Moderate Growth Strategy Portfolio (collectively, the “AXA Strategic Allocation Portfolios”) |
0.15% of each AXA Strategic Allocation Portfolio’s average daily net assets plus $35,000 per Portfolio. | |
| AXA Tactical Manager 500 Portfolio-I, II, III AXA Tactical Manager 2000 Portfolio-I, II, III AXA Tactical Manager 400 Portfolio-I, II, III AXA Tactical Manager International Portfolio-I, II, III (collectively, the “Tactical Manager Portfolios”) |
0.15% of the average daily net assets of each Tactical Manager Portfolio’s average daily net assets plus $35,000 per Portfolio, plus $35,000 for each allocated portion of the Portfolio. | |
