AMENDMENT NO. 1 TO PARTICIPATION AGREEMENT

AMENDMENT NO. 1

TO

PARTICIPATION AGREEMENT

Amendment No. 1 effective March 12, 2014 to the Participation Agreement, dated August 6, 2010 (the “Agreement”) by and among AXA Equitable Life Insurance Company, Xxxxxxxxx Xxxxxx Advisers Management Trust and Xxxxxxxxx Xxxxxx Management LLC (collectively, the “Parties”).

The Parties hereby agree to amend the Agreement as follows:

1. Schedule A. Schedule A to 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 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.

XXXXXXXXX XXXXXX ADVISERS MANAGEMENT TRUST						XXXXXXXXX XXXXXX MANAGEMENT LLC
By:						By:
Name:		Xxxxx Xxxxxxx				Name:		Xxxxx Xxxxxxx
Title:		Vice President				Title:		Managing Director and COO

AXA EQUITABLE LIFE INSURANCE COMPANY, on behalf of itself and its separate accounts
By:
Name:		Xxxxxx X. Xxxxx
Title:		Managing Director

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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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