EQ ADVISORS TRUST AMENDMENT NO. 6 TO THE SECOND AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
Exhibit (d)(12)(xxi)
AMENDMENT NO. 6 TO THE
SECOND AMENDED AND RESTATED
AMENDMENT NO. 6 to the Second Amended and Restated Investment Advisory Agreement effective as of February 12, 2010 (“Amendment No. 6”) between AXA Equitable Life Insurance Company, a New York corporation (“AXA Equitable” or “Manager”) and AllianceBernstein L.P., a Delaware limited partnership (“Alliance” or “Adviser”).
WHEREAS, AXA Equitable and Adviser have entered into a Second Amended and Restated Investment Advisory Agreement dated as of August 1, 2006, as amended (“Agreement”) on behalf of EQ Advisors Trust (“Trust”); and
WHEREAS, AXA Equitable and the Adviser desire to modify the fee payable to the Adviser for investment advisory and other services the Adviser provides to a portion of the EQ/Large Cap Value PLUS Portfolio that have been allocated to the Adviser.
NOW, THEREFORE, AXA Equitable and Adviser agree to modify the Agreement as follows:
1. Appendix A. Appendix A to the Agreement setting forth the Portfolios or Allocated Portion of the Portfolios of the Trust for which the Adviser is appointed as the investment adviser is hereby replaced in its entirety by Appendix A attached hereto.
2. Appendix B. Appendix B to the Agreement setting forth the fee payable to the Adviser with respect to the Portfolios or Allocated Portion of the Portfolios is hereby replaced in its entirety by Appendix B attached hereto.
3. Ratification. 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. 6 as of the date first set forth above.
| AXA EQUITABLE LIFE INSURANCE COMPANY | ALLIANCEBERNSTEIN L.P. | |||||||||
| By: |
/s/ Xxxxxx X. Xxxxx |
By: |
/s/ Xxxxx X. Xxxxxx | |||||||
| Xxxxxx X. Xxxxx |
Name: |
Xxxxx X. Xxxxxx | ||||||||
| Senior Vice President |
Title: |
Assistant Secretary | ||||||||
APPENDIX A
AMENDMENT NO. 6 TO THE
SECOND AMENDED AND RESTATED
EQ/Common Stock Index Portfolio
EQ/AllianceBernstein International Portfolio
EQ/ Large Cap Growth Index Portfolio
EQ/Quality Bond PLUS Portfolio
EQ/AllianceBernstein Small Cap Growth Portfolio
EQ/Large Cap Value PLUS Portfolio
EQ/Equity 500 Index Portfolio
AXA Tactical Manager 500 Portfolio-I
AXA Tactical Manager 500 Portfolio-II
AXA Tactical Manager 500 Portfolio-III
AXA Tactical Manager 2000 Portfolio-I
AXA Tactical Manager 2000 Portfolio-II
AXA Tactical Manager 2000 Portfolio-III
AXA Tactical Manager 400 Portfolio-I
AXA Tactical Manager 400 Portfolio-II
AXA Tactical Manager 400 Portfolio-III
AXA Tactical Manager International Portfolio-I
AXA Tactical Manager International Portfolio-II
AXA Tactical Manager International Portfolio-III
APPENDIX B
AMENDMENT NO. 6 TO THE
SECOND AMENDED AND RESTATED
FEE SCHEDULE
| Related Portfolios
|
Annual Advisory Fee Rate***
| |
| Special Equity Portfolios, which shall include the following Portfolios or Allocated Portions of a Portfolio (collectively referred to as “Special Equity Portfolios”):
EQ/AllianceBernstein International Portfolio EQ/AllianceBernstein Small Cap Growth Portfolio Multimanager Mid Cap Growth Portfolio*,** Multimanager International Equity Portfolio*,** |
0.60% of the Special Equity Portfolios’ average daily net assets up to and including $1 billion; 0.55% of the Special Equities Portfolios’ average daily net assets over $1 billion up to and including $1.5 billion; 0.50% of the Special Equities Portfolios’ average daily net assets over $1.5 billion up to and including $2 billion; 0.45% of the Special Equities Portfolios’ average daily net assets over $2 billion up to and including $2.5 billion; and 0.40% of the Special Equities Portfolios’ average daily net assets over $2.5 billion | |
| General Equity Portfolios, which shall include the following Portfolios or Allocated Portions of a Portfolio (collectively referred to as “General Equity Portfolios”)
EQ/Large Cap Value PLUS Portfolio* Multimanager Large Cap Core Equity Portfolio*,** |
0.49% of the General Equity Portfolios’ average daily net assets up to and including $100 million; 0.30% of the General Equity Portfolios’ average daily net assets over $100 million up to and including $200 million; 0.25% of the General Equity Portfolios’ average daily net assets over $200 million | |
| Tactical Manager Portfolios, which shall include the Index Allocated Portions of the following Portfolios EQ/Large Cap Value PLUS Portfolio* Multimanager Aggressive Equity Portfolio* Multimanager Large Cap Core Equity Portfolio* Multimanager Large Cap Value Portfolio* (collectively referred to as “Tactical Manager Portfolio”) |
0.075% of the Tactical Manager Portfolios’ average daily net assets up to and including $5 billion; 0.055% of the Tactical Manager Portfolios’ average daily net assets over $5 billion and up to and including $10 billion; 0.05% of the Tactical Manager Portfolios’ average daily net assets over $10 billion. | |
|
Portfolios
|
Annual Advisory Fee Rate
| |
|
EQ/Equity 500 Index Portfolio |
0.05% of the EQ/Equity 500 Index Portfolio’s average daily net assets up to and including $1 billion; and 0.03% of the EQ/Equity 500 Index Portfolio’s average daily net assets over $1 billion | |
|
EQ/Common Stock Index Portfolio |
0.05% | |
| EQ/Large Cap Growth Index Portfolio |
0.05% | |
| Portfolios
|
Annual Advisory Fee Rate
| |
| EQ/Quality Bond PLUS Portfolio* | 0.29% of the AllianceBernstein Allocated Portion’s average daily net assets up to and including $100 million; and 0.20% of the AllianceBernstein Allocated Portion’s average daily net assets in excess of 100 million. | |
| AXA Tactical Manager 500 Portfolio-I* AXA Tactical Manager 500 Portfolio-II* AXA Tactical Manager 500 Portfolio-III* AXA Tactical Manager 2000 Portfolio-I* AXA Tactical Manager 2000 Portfolio-II* AXA Tactical Manager 2000 Portfolio-III* AXA Tactical Manager 400 Portfolio-I* AXA Tactical Manager 400 Portfolio-II* AXA Tactical Manager 400 Portfolio-III* AXA Tactical Manager International Portfolio-I* AXA Tactical Manager International Portfolio-II* AXA Tactical Manager International Portfolio-III* |
0.02% of the AllianceBernstein Allocated Portion of each Portfolio. |
| * | This Portfolio has been designated a “multi-adviser portfolio” and AllianceBernstein L.P. receives a fee based on a discrete portion of the Portfolio’s assets that have been allocated to it by the Manager, which is referred to as the “AllianceBernstein Allocated Portion.” |
| ** | This Portfolio includes an Allocated Portion of another registered investment company (or series or portions thereof) that is managed by the Manager and advised by the Adviser and is classified as “Special Equity Portfolios” or “General Equity Portfolios.” |
| *** | The daily advisory fee for the Related Portfolios is calculated by multiplying the aggregate net assets of the Related Portfolios at the close of the immediately preceding business day by the Annual Advisory Fee Rate calculated as set forth above and then dividing the result by the number of days in the year. The daily fee applicable to each Portfolio or Allocated Portion is the portion of the daily advisory fee for the Related Portfolios that is equal to the Portfolio’s or Allocated Portion’s net assets relative to the aggregate net assets of the Related Portfolios, including the Portfolio, used in the fee calculation for that day. |
