AMENDMENT NO. 9 TO THE AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(xviii)
AMENDMENT NO. 9
TO THE
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Amendment No. 9, dated August 1, 2006 (“Amendment No. 9”) to the Amended and Restated Investment Management Agreement, dated as of May 1, 2000 (“Agreement”), between EQ Advisors Trust, a Delaware statutory trust (“Trust”) and AXA Equitable Life Insurance Company, a New York stock life insurance company (“AXA Equitable” or “Manager”).
The Trust and AXA Equitable agree to modify and amend the Agreement as follows:
1. | New Portfolios. The Trust hereby appoints AXA Equitable as the investment manager of the following new Portfolios: |
EQ/AXA Xxxxxxxxx Value Long/Short Portfolio;
EQ/Xxxxx New York Venture Portfolio;
EQ/Franklin Income Portfolio;
EQ/Franklin Small Cap Value Portfolio;
EQ/International ETF Portfolio;
EQ/Mutual Shares Portfolio;
EQ/Xxxxxxxxxxx Global Portfolio;
EQ/Xxxxxxxxxxx Main Street Opportunity Portfolio;
EQ/Xxxxxxxxxxx Main Street Small Cap Portfolio;
EQ/Xxxxxxxxx Growth Portfolio; and
EQ/Xxx Xxxxxx Real Estate Portfolio (“New Portfolios”),
on the terms and conditions contained in the Agreement.
2. | Duration |
(a) | Except as noted in subsections (b) below, with respect to each existing Portfolio as specified in Appendix A to the Agreement (except as provided below), the Agreement will continue in effect another 12 months beyond July 31, 2006 and may be continued thereafter pursuant to subsection (c) below. |
(b) | With respect to the New Portfolios specified in this Amendment No. 9, the Agreement will continue in effect until two years after its effective date and may be continued thereafter pursuant to subsection (c) below. |
(c) | With respect to each Portfolio, this Agreement shall continue in effect annually after the date specified in subsection (a) and (b) as the case may be, and will continue in effect for an initial period of two years and thereafter only so long as such continuance is approved annually by the Board of Trustees of the Trust or by vote of the outstanding shares of the Portfolio and also by a majority of the Independent Trustees. The required shareholder approval of the Agreement or of any continuance of the Agreement shall be effective with respect to a Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule |
18f-2(h) under the Investment Company Act of 1940, as amended) of shares of such Portfolio votes to approve the Agreement or its continuance, notwithstanding that the Agreement or its continuance may not have been approved by a majority of the outstanding voting securities of (i) any other Portfolio affected by the Agreement, or (ii) all the Portfolios of the Trust.
3. | Appendix A. Appendix A to the Agreement and Amendments, which set forth the Portfolios of the Trust for which AXA Equitable is appointed investment manager is hereby replaced in its entirety by Appendix A attached hereto, and |
4. | Appendix B. Appendix B to the Agreement and Amendments, which set forth the fees payable to AXA Equitable with respect to each Portfolio, is hereby replaced in its entirety by Appendix B 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. 9 as of the date first above set forth.
EQ ADVISORS TRUST | AXA EQUITABLE LIFE INSURANCE COMPANY | |||||
/s/ Xxxxxxx X. Xxxxxxxxx |
/s/ Xxxxxx X. Xxxxx | |||||
Xxxxxxx X. Xxxxxxxxx Chief Financial Officer and Treasurer |
Xxxxxx X. Xxxxx Senior Vice President |
APPENDIX A
AMENDMENT NO. 9
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
EQ/Alliance Common Stock Portfolio |
EQ/Alliance Growth and Income Portfolio |
EQ/Alliance Intermediate Government Securities Portfolio |
EQ/Alliance International Portfolio |
EQ/Alliance Large Cap Growth Portfolio |
(fka EQ/Alliance Premier Growth Portfolio) |
EQ/Alliance Quality Bond Portfolio |
EQ/Alliance Small Cap Growth Portfolio |
EQ/Ariel Appreciation II Portfolio |
EQ/AXA Xxxxxxxxx Value Long/Short Portfolio |
EQ/Xxxxxxxxx Diversified Value Portfolio |
EQ/Xxxxxxx Socially Responsible Portfolio |
EQ/Capital Guardian Growth Portfolio |
EQ/Capital Guardian International Portfolio |
EQ/Capital Guardian Research Portfolio |
EQ/Capital Guardian U.S. Equity Portfolio |
EQ/Xxxxx New York Venture Portfolio |
EQ/Xxx Xxxxxx Emerging Markets Equity Portfolio |
(fka EQ/Emerging Markets Equity Portfolio) |
EQ/Evergreen Omega Portfolio |
(fka Evergreen Portfolio) |
EQ/Evergreen International Bond Portfolio |
EQ/Equity 500 Index Portfolio |
(fka Alliance Equity Index Portfolio) |
EQ/FI Mid Cap Portfolio |
EQ/FI Small/Mid Cap Value Portfolio |
(fka Warburg Pincus Small Co. Value Portfolio) |
EQ/Franklin Income Portfolio |
EQ/Franklin Small Cap Value Portfolio |
EQ/International ETF Portfolio |
EQ/Janus Large Cap Growth Portfolio |
EQ/X.X. Xxxxxx Core Bond Portfolio |
(fka JPM Core Bond Portfolio) |
EQ/X.X. Xxxxxx Value Opportunities Portfolio |
EQ/Lazard Small Cap Value Portfolio |
EQ/Xxxx Xxxxx Value Equity Portfolio |
EQ/Lord Xxxxxx Growth and Income Portfolio |
EQ/Lord Xxxxxx Mid Cap Value Portfolio |
EQ/Lord Xxxxxx Large Cap Core Portfolio |
EQ/Xxxxxxx Focus Portfolio |
EQ/Mercury Basic Value Equity Portfolio |
(fka Xxxxxxx Xxxxx Basic Value Equity Portfolio) |
EQ/Mercury International Value Portfolio |
(fka EQ/Xxxxxx International Equity Portfolio) |
EQ/MFS Investors Trust Portfolio |
(fka MFS Growth with Income Portfolio) |
EQ/MFS Emerging Growth Companies Portfolio |
EQ/Money Market Portfolio |
EQ/Mutual Shares Portfolio |
EQ/Xxxxxxxxxxx Global Portfolio |
EQ/Xxxxxxxxxxx Main Street Opportunity Portfolio |
EQ/Xxxxxxxxxxx Main Street Small Cap Portfolio |
EQ/Small Company Index Portfolio |
(fka BT Small Company Index Portfolio) |
EQ/Xxxxxxxxx Growth Portfolio |
EQ/Xxx Xxxxxx Xxxxxxxx Portfolio |
EQ/Xxx Xxxxxx Mid Cap Growth Portfolio |
EQ/Xxx Xxxxxx Real Estate Portfolio |
EQ/Xxxxx Fargo Xxxxxxxxxx Small Cap Portfolio |
Bold= New Portfolio
APPENDIX B
AMENDMENT NO. 9
TO THE AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
The Trust shall pay the Manager, at the end of each calendar month, compensation computed daily at an annual rate equal to the following:
(as a percentage of average daily net assets) (fee on all assets) | ||
Index Portfolios |
||
EQ/Equity 500 Index | 0.250% | |
EQ/Small Company Index | 0.250% |
(as a percentage of average daily net assets) | |||||||||||||||
Debt Portfolios |
First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | ||||||||||
EQ/Alliance Intermediate Government Securities |
0.500 | % | 0.475 | % | 0.450 | % | 0.430 | % | 0.420 | % | |||||
EQ/Alliance Quality Bond |
0.525 | % | 0.500 | % | 0.475 | % | 0.455 | % | 0.445 | % | |||||
EQ/Evergreen International Bond |
0.700 | % | 0.675 | % | 0.650 | % | 0.630 | % | 0.620 | % | |||||
EQ/X.X. Xxxxxx Core Bond |
0.450 | % | 0.425 | % | 0.400 | % | 0.380 | % | 0.370 | % | |||||
EQ/Money Market |
0.350 | % | 0.325 | % | 0.280 | % | 0.270 | % | 0.250 | % |
(as a percentage of average daily net assets) | |||||||||||||||
Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
EQ/Alliance Common Stock |
0.550 | % | 0.500 | % | 0.475 | % | 0.450 | % | 0.425 | % | |||||
EQ/Alliance Growth and Income |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
EQ/Alliance International |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
EQ/Alliance Large Cap Growth |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/Alliance Small Cap Growth |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
EQ/Ariel Appreciation II |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
EQ/AXA Xxxxxxxxx Value Long/Short |
1.400 | % | 1.350 | % | 1.325 | % | 1.300 | % | 1.275 | % | |||||
EQ/Xxxxxxxxx Diversified Value |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Xxxxxxx Socially Responsible |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Capital Guardian International |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
EQ/Capital Guardian Growth |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Capital Guardian Research |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Capital Guardian U.S. Equity |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Xxxxx New York Venture |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
EQ/Evergreen Omega |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/FI Small/Mid Cap Value |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
EQ/FI Mid Cap |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
EQ/Franklin Income |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/Franklin Small Cap Value |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/International ETF |
0.400 | % | 0.400 | % | 0.400 | % | 0.400 | % | 0.400 | % | |||||
EQ/Janus Large Cap Growth |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/JPMorgan Value Opportunities |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
EQ/Lazard Small Cap Value |
0.750 | % | 0.700 | % | 0.675 | % | 0.650 | % | 0.625 | % | |||||
EQ/Xxxx Xxxxx Value Equity |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Lord Xxxxxx Growth and Income |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Lord Xxxxxx Mid Cap Value |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
EQ/Lord Xxxxxx Large Cap Core |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Xxxxxxx Focus |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % |
(as a percentage of average daily net assets) | |||||||||||||||
Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | ||||||||||
EQ/Mercury Basic Value Equity |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
EQ/Mercury International Value |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
EQ/MFS Emerging Growth Companies |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/MFS Investors Trust |
0.600 | % | 0.550 | % | 0.525 | % | 0.500 | % | 0.475 | % | |||||
EQ/Mutual Shares |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/Xxxxxxxxxxx Global |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | |||||
XX/Xxxxxxxxxxx Xxxx Xxxxxx Xxxxxxxxxxx |
0.000 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % | |||||
XX/Xxxxxxxxxxx Xxxx Xxxxxx Xxxxx Xxx |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/Xxxxxxxxx Growth |
0.950 | % | 0.900 | % | 0.875 | % | 0.850 | % | 0.825 | % | |||||
EQ/Xxx Xxxxxx Xxxxxxxx |
0.650 | % | 0.600 | % | 0.575 | % | 0.550 | % | 0.525 | % | |||||
EQ/Xxx Xxxxxx Emerging Markets Equity |
1.150 | % | 1.100 | % | 1.075 | % | 1.050 | % | 1.025 | % | |||||
EQ/Xxx Xxxxxx Mid Cap Growth |
0.700 | % | 0.650 | % | 0.625 | % | 0.600 | % | 0.575 | % | |||||
EQ/Xxx Xxxxxx Real Estate |
0.900 | % | 0.850 | % | 0.825 | % | 0.800 | % | 0.775 | % | |||||
EQ/Xxxxx Fargo Xxxxxxxxxx Small Cap |
0.850 | % | 0.800 | % | 0.775 | % | 0.750 | % | 0.725 | % |