AMENDMENT NO. 1 EXPENSE LIMITATION AGREEMENT

Exhibit (h)(3)(ii)

AMENDMENT XX. 0

XXXXXXX XXXXXXXXXX XXXXXXXXX

Xxxxxxxxx Xx. 0, effective August 31, 2020 (“Amendment No. 1”) to the Expense Limitation Agreement dated July 16, 2020 (“Agreement”), between Equitable Investment Management Group, LLC (the “Adviser”) and EQ Advisors Trust (the “Trust”), on behalf of each series of the Trust set forth in Schedule A attached hereto (each, a “Portfolio,” and collectively, the “Portfolios).

The Adviser and Trust hereby agree to modify and amend the Agreement as follows:

 

  1.

Revisions to Maximum Annual Operating Expense Limits. The maximum annual operating expense limits of Multimanager Technology Portfolio are hereby revised, and, notwithstanding anything in the Agreement to the contrary, shall remain in effect through April 30, 2022.

 

  2.

Schedule A. Schedule A to the Agreement, which sets forth the Portfolios of the Trust subject 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.

WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 1 as of the date first above set forth.

 

EQ ADVISORS TRUST

ON BEHALF OF EACH OF ITS PORTFOLIOS

     EQUITABLE INVESTMENT MANAGEMENT GROUP, LLC
By:   

/s/ Xxxxx Xxxxx

     By:   

/s/ Xxxxxxx Xxxxxxxxx

  

Xxxxx Xxxxx

Chief Financial Officer and Treasurer

       

Xxxxxxx Xxxxxxxxx

Director, Executive Vice President and

Chief Investment Officer

AMENDMENT NO. 1

SCHEDULE A

MAXIMUM ANNUAL OPERATING EXPENSE LIMITS

This Agreement relates to the following Portfolios of the Trust:

 

Portfolio

    Maximum Annual Operating Expense
Limit (% of average daily net assets)		  
     Class IA+     Class IB+     Class K  

1290 VT Natural Resources Portfolio

      N/A       0.90 %      0.65 % 

1290 VT Real Estate Portfolio

      N/A       0.90 %      0.65 % 

EQ/Franklin Balanced Managed Volatility Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/Franklin Small Cap Value Managed Volatility Portfolio

      1.10 %      1.10 %      0.85 % 

EQ/Global Equity Managed Volatility Portfolio

      1.10 %      1.10 %      0.85 % 

EQ/International Core Managed Volatility Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/International Equity Index Portfolio

      0.79 %*      0.79 %*      0.54 %* 

EQ/International Value Managed Volatility Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/Large Cap Core Managed Volatility Portfolio

      0.90 %      0.90 %      0.65 % 

EQ/Large Cap Growth Managed Volatility Portfolio

      0.90 %      0.90 %      0.65 % 

EQ/Large Cap Value Managed Volatility Portfolio

      0.90 %      0.90 %      0.65 % 

EQ/Mid Cap Value Managed Volatility Portfolio

      1.00 %      1.00 %      0.75 % 

EQ/ClearBridge Select Equity Managed Volatility Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/Emerging Markets Equity PLUS Portfolio

      N/A       1.20 %      0.95 % 

EQ/Global Bond PLUS Portfolio

      0.95 %      0.95 %      0.70 % 

EQ/Quality Bond PLUS Portfolio

      0.85 %      0.85 %      0.60 % 

EQ/All Asset Growth Allocation Portfolio**

      1.25 %*      1.25 %*      1.00 %* 

EQ/Aggressive Growth Strategy Portfolio

      N/A       1.15 %*      0.90 %* 

EQ/Balanced Strategy Portfolio

      1.05 %*      1.05 %*      0.80 %* 

EQ/Conservative Growth Strategy Portfolio

      1.00 %*      1.00 %*      0.75 %* 

EQ/Conservative Strategy Portfolio

      0.95 %*      0.95 %*      0.70 %* 

EQ/Growth Strategy Portfolio

      1.10 %*      1.10 %*      0.85 %* 

EQ/Moderate Growth Strategy Portfolio

      1.10 %*      1.10 %*      0.85 %* 

EQ/Ultra Conservative Strategy Portfolio

      0.95 %*      0.95 %*      0.70 %* 

ATM International Managed Volatility Portfolio

      N/A       0.90 %      0.65 % 

ATM Large Cap Managed Volatility Portfolio

      0.85 %      0.85 %      0.60 % 

ATM Mid Cap Managed Volatility Portfolio

      0.85 %      0.85 %      0.60 % 

ATM Small Cap Managed Volatility Portfolio

      0.85 %      0.85 %      0.60 % 

EQ/2000 Managed Volatility Portfolio

      0.85 %      0.85 %      0.60 % 

EQ/400 Managed Volatility Portfolio

      0.85 %      0.85 %      0.60 % 

EQ/500 Managed Volatility Portfolio

      0.85 %      0.85 %      0.60 % 

EQ/International Managed Volatility Portfolio

      N/A       0.90 %      0.65 % 

1290 VT Convertible Securities Portfolio

      N/A       1.15 %*      0.90 %* 

1290 VT Energy Portfolio

      N/A       0.90 %*      0.65 %* 

1290 VT Equity Income Portfolio

      0.95 %      0.95 %      0.70 % 

1290 VT GAMCO Small Company Value Portfolio

      1.10 %      1.10 %      0.85 % 

1290 VT High Yield Bond Portfolio

      N/A       1.00 %      0.75 % 

1290 VT Low Volatility Global Equity Portfolio

      N/A       0.90 %*      0.65 %* 

1290 VT Micro Cap Portfolio

      N/A       1.15 %      0.90 % 

1290 VT Multi-Alternative Strategies Portfolio

      N/A       1.65 %*      1.40 %* 

1290 VT Small Cap Value Portfolio

      N/A       1.15 %      0.90 % 

1290 VT SmartBeta Equity Portfolio**

      N/A       1.10 %      0.85 % 

1290 VT Socially Responsible Portfolio

      1.15 %      1.15 %      0.90 % 

Portfolio

    Maximum Annual Operating Expense
Limit (% of average daily net assets)		  
     Class IA+     Class IB+     Class K  

EQ/AB Dynamic Moderate Growth Portfolio

      1.20 %*      1.20 %*      0.95 %* 

EQ/AB Short Duration Government Bond Portfolio

      0.80 %      0.80 %      0.55 % 

EQ/AB Small Cap Growth Portfolio

      1.00 %      1.00 %      0.75 % 

EQ/ClearBridge Large Cap Growth Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/Janus Enterprise Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/Xxxxxx Xxxxxx Growth Portfolio

      1.05 %      1.05 %      0.80 % 

EQ/Xxxxxx Xxxxxxx Small Cap Growth Portfolio

      N/A       1.15 %      0.90 % 

EQ/BlackRock Basic Value Equity Portfolio

      0.95 %      0.95 %      0.70 % 

EQ/Capital Group Research Portfolio

      0.97 %      0.97 %      0.72 % 

EQ/Core Bond Index Portfolio

      0.72 %      0.72 %      0.47 % 

EQ/Invesco Xxxxxxxx Portfolio

      1.00 %      1.00 %      0.75 % 

EQ/JPMorgan Value Opportunities Portfolio

      1.00 %      1.00 %      0.75 % 

EQ/MFS International Growth Portfolio

      1.15 %      1.15 %      0.90 % 

EQ/Invesco Global Portfolio

      1.15 %      1.15 %      0.90 % 

EQ/PIMCO Global Real Return Portfolio

      N/A       1.00 %      0.75 % 

EQ/PIMCO Ultra Short Bond Portfolio

      0.80 %      0.80 %      0.55 % 

EQ/X. Xxxx Price Growth Stock Portfolio

      1.00 %      1.00 %      0.75 % 

Multimanager Aggressive Equity Portfolio

      1.00 %      1.00 %      0.75 % 

Multimanager Core Bond Portfolio

      0.90 %      0.90 %      0.65 % 

Multimanager Technology Portfolio**

      1.18 %      1.18 %      0.93 % 

1290 VT DoubleLine Dynamic Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

1290 VT DoubleLine Opportunistic Bond Portfolio

      N/A       0.95 %*      0.70 %* 

EQ/AB Dynamic Growth Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/AB Dynamic Aggressive Growth Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Xxxxxxx Sachs Moderate Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Invesco Moderate Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/JPMorgan Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Xxxx Xxxxx Moderate Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

1290 VT Moderate Growth Allocation Portfolio

      N/A       1.10 %*      0.85 %* 

EQ/American Century Moderate Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/AXA Investment Managers Moderate Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/First Trust Moderate Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Xxxxxxx Sachs Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Invesco Moderate Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Xxxx Xxxxx Growth Allocation Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/American Century Mid Cap Value Portfolio

      N/A       1.00 %*      0.75 %* 

EQ/Fidelity Institutional AM® Large Cap Portfolio

      N/A       0.87 %*      0.62 %* 

EQ/Franklin Rising Dividends Portfolio

      N/A       0.87 %*      0.62 %* 

EQ/Franklin Strategic Income Portfolio

      N/A       0.93 %*      0.68 %* 

EQ/Xxxxxxx Xxxxx Mid Cap Value Portfolio

      N/A       1.09 %*      0.84 %* 

XX/Xxxxxxx Xxxxxx Xxxx Xxxxxx Xxxxxxxxx

      X/X       1.27 %*      1.02 %* 

XX/Xxxxxxx Xxxxxxxxxxxxx Xxxxxx Xxxxxxxxx

      X/X       1.18 %*      0.93 %* 

EQ/Lazard Emerging Markets Equity Portfolio

      N/A       1.38 %*      1.13 %* 

EQ/MFS International Intrinsic Value Portfolio

      N/A       1.15 %*      0.90 %* 

EQ/MFS Mid Cap Focused Growth Portfolio

      N/A       1.10 %*      0.85 %* 

EQ/MFS Technology Portfolio

      N/A       1.14 %*      0.89 %* 

EQ/MFS Utilities Series Portfolio

      N/A       1.05 %*      0.80 %* 

EQ/PIMCO Real Return Portfolio

      N/A       0.75 %*      0.50 %* 

EQ/PIMCO Total Return Portfolio

      N/A       0.75 %*      0.50 %* 

EQ/X. Xxxx Price Health Sciences Portfolio

      N/A       1.20 %*      0.95 %* 

EQ/Wellington Energy Portfolio

      N/A       1.19 %*      0.94 %* 

*

For purposes of calculating the Maximum Annual Operating Expense Limit, Acquired Fund Fees and Expenses are included in Portfolio Operating Expenses.

**

The maximum annual operating expense limits shall remain in effect through April 30, 2022 for the 1290 VT SmartBeta Equity Portfolio, the EQ/All Asset Growth Allocation Portfolio and Multimanager Technology Portfolio.

+

Includes amounts payable pursuant to Rule 12b-1 under the 1940 Act.

N/A This class of shares of the Portfolio either is not registered or is registered but not currently offered for sale.

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Filed: November 20th, 2020
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