AMENDMENT NO.1 TO PARTICIPATION AGREEMENT

AMENDMENT NO.1

TO

PARTICIPATION AGREEMENT

Amendment No.1, effective August 20, 2013 to the Participation Agreement, (the “Agreement”), dated April 1, 2011 among AXA Equitable Life Insurance Company, XX Xxxxxx Insurance Trust, X.X. Xxxxxx Investment Management Inc., and JPMorgan Funds Management Inc. (collectively, the “Parties”).

The Parties hereby agree to amend the Agreement as follows:

1. Schedule A. Schedule A of the Agreement is hereby deleted in its entirety and replaced with the attached “Schedule A”.

Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect is 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.

XX XXXXXX INSURANCE TRUST						X.X. XXXXXX INVESTMENT MANAGEMENT INC.
By:						By:
Name:		Xxxxx Xxxxx				Name:		Xxxxxx X. Xxxxx
Title:		Assistant Treasurer				Title		Managing Director
XX XXXXXX FUNDS MANAGEMENT INC.
By:
Name:		Xxxxx X. Xxxxxxxxxx
Title:		President
AXA EQUITABLE LIFE INSURANCE COMPANY, on behalf of itself and its separate accounts
By:
Name:		Xxxxxxx Xxxxxxxxx
Title:		Senior Vice President

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SCHEDULE A

Separate Accounts and Associated Contracts

Name of Separate Account		Policy Form Numbers of Contracts Funded by Separate Account
AXA Equitable Separate Account A		All Contracts
AXA Equitable Separate Account FP		All Contracts
AXA Equitable Separate Account I		All Contracts
AXA Equitable Separate Account 45		All Contracts
AXA Equitable Separate Account 49		All Contracts
AXA Equitable Separate Account 65		All Contracts
AXA Equitable Separate Account 66		All Contracts
AXA Equitable Separate Account 70		All Contracts
AXA Equitable Separate Account 206		All Contracts
AXA Equitable Separate Account 301		All Contracts

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