FORM OF] AMENDMENT NO. 7 EXPENSE LIMITATION AGREEMENT
Exhibit (h)(3)(viii)
[FORM OF] AMENDMENT NO. 7
Amendment No. 7, effective as of [ , 2014] to the Expense Limitation Agreement between AXA Equitable Funds Management Group, LLC (“FMG LLC” or the “Manager”) and EQ Advisors Trust (the “Trust”) (“Amendment No. 7”).
The Manager and Trust hereby agree to modify and amend the Expense Limitation Agreement dated as of May 1, 2011, as amended, (“Agreement”), between them as follows:
| 1. | New Portfolios. FMG LLC and the Trust have determined to add the following new Portfolios to the Agreement: |
Multimanager Aggressive Equity Portfolio
Multimanager Core Bond Portfolio
Multimanager Mid Cap Growth Portfolio
Multimanager Mid Cap Value Portfolio
Multimanager Technology Portfolio
(each, a “New Portfolio” and collectively, the “New Portfolios”)
| 2. | Name Changes: Effective May 1, 2014, the following Portfolio’s names shall be changed as follows: |
| Current Name |
New Name | |
| EQ/Large Cap Value PLUS | AXA Large Cap Value Managed Volatility | |
| EQ/Large Cap Core PLUS | AXA Large Cap Core Managed Volatility | |
| EQ/Large Cap Growth PLUS | AXA Large Cap Growth Managed Volatility | |
| EQ/International Core PLUS | AXA International Core Managed Volatility | |
| EQ/Mid Cap Value PLUS | AXA Mid Cap Value Managed Volatility | |
| EQ/International Value PLUS | AXA International Value Managed Volatility | |
| EQ/Mutual Large Cap Equity | AXA/Mutual Large Cap Equity Managed Volatility | |
| EQ/Xxxxxxxxx Global Equity | AXA/Xxxxxxxxx Global Equity Managed Volatility | |
| EQ/AXA Franklin Small Cap Value Core | AXA/Franklin Small Cap Value Managed Volatility | |
| EQ/Franklin Xxxxxxxxx Allocation | AXA/Franklin Xxxxxxxxx Allocation Managed Volatility | |
| EQ/Franklin Core Balanced | AXA/Franklin Balanced Managed Volatility | |
| AXA Tactical Manager 500 | AXA 500 Managed Volatility | |
| AXA Tactical Manager 400 | AXA 400 Managed Volatility | |
| AXA Tactical Manager 2000 | AXA 2000 Managed Volatility | |
| AXA Tactical Manager International | AXA International Managed Volatility | |
| ATM Large Cap | ATM Large Cap Managed Volatility | |
| ATM Mid Cap | ATM Mid Cap Managed Volatility | |
| ATM Small Cap | ATM Small Cap Managed Volatility | |
| ATM International | ATM International Managed Volatility |
| 3. | Terms and Conditions of Agreement with respect to New Portfolios. The New Portfolios will be added to the Agreement on the terms and conditions contained in the Agreement, except that the Agreement shall continue in effect for the New Portfolios until [January , 2015]. |
| 4. | Schedule A. Schedule A to the Agreement, which sets forth the Portfolios of the Trust, is hereby replaced in its entirety by Amendment No. 7 to 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.
IN WITNESS WHEREOF, the parties have executed and delivered this Amendment No. 7 as of the date first above set forth.
| EQ ADVISORS TRUST | AXA EQUITABLE FUNDS MANAGEMENT GROUP, LLC | |||||||
| By: |
|
By: |
| |||||
| Xxxxx Xxxxx | Xxxxxx X. Xxxxx | |||||||
| Chief Financial Officer and Treasurer | Chairman, Chief Executive Officer and President | |||||||
SCHEDULE A
[FORM OF] AMENDMENT NO. 7
MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
This Agreement relates to the following Portfolios of the Trust:
| Portfolio |
Maximum Annual Operating Expense Limit | |||||||||||
| Class K | Class IA+ | Class IB+ | ||||||||||
| AXA/Franklin Small Cap Value Managed Volatility Portfolio (formerly, EQ/AXA Franklin Small Cap Value Core Portfolio) |
1.05 | % | 1.30 | % | 1.30 | % | ||||||
| AXA/Franklin Balanced Managed Volatility Portfolio (formerly, EQ/Franklin Core Balanced Portfolio) |
1.05 | % | 1.30 | % | 1.30 | % | ||||||
| AXA/Franklin Xxxxxxxxx Allocation Managed Volatility Portfolio (formerly, EQ/Franklin Xxxxxxxxx Allocation Portfolio) |
0.15 | % | 0.40 | % | 0.40 | % | ||||||
| AXA/Mutual Large Cap Equity Managed Volatility Portfolio (formerly, EQ/Mutual Large Cap Equity Portfolio) |
1.05 | % | 1.30 | % | 1.30 | % | ||||||
| AXA/Xxxxxxxxx Global Equity Managed Volatility Portfolio (formerly, EQ/Xxxxxxxxx Global Equity Portfolio) |
1.10 | % | 1.35 | % | 1.35 | % | ||||||
| EQ/Emerging Markets Equity PLUS Portfolio |
1.00 | % | N/A | 1.25 | % | |||||||
| EQ/Equity Growth PLUS Portfolio |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| EQ/Global Bond PLUS Portfolio |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| AXA International Core Managed Volatility Portfolio (formerly, EQ/International Core PLUS Portfolio) |
0.85 | % | 1.10 | % | 1.10 | % | ||||||
| AXA International Value Managed Volatility Portfolio (formerly, EQ/International Value PLUS Portfolio) |
0.85 | % | 1.10 | % | 1.10 | % | ||||||
| AXA Large Cap Core Managed Volatility Portfolio (formerly, EQ/Large Cap Core PLUS Portfolio) |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| AXA Large Cap Growth Managed Volatility Portfolio (formerly, EQ/Large Cap Growth PLUS Portfolio) |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| AXA Large Cap Value Managed Volatility Portfolio (formerly, EQ/Large Cap Value PLUS Portfolio) |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| AXA Mid Cap Value Managed Volatility Portfolio (formerly, EQ/Mid Cap Value PLUS Portfolio) |
0.80 | % | 1.05 | % | 1.05 | % | ||||||
| EQ/Natural Resources PLUS Portfolio |
0.85 | % | N/A | 1.10 | % | |||||||
| EQ/Quality Bond PLUS Portfolio |
0.60 | % | 0.85 | % | 0.85 | % | ||||||
| EQ/Real Estate PLUS Portfolio |
0.85 | % | N/A | 1.10 | % | |||||||
| All Asset Aggressive-Alt 25 Portfolio |
0.10 | % | N/A | 0.35 | % | |||||||
| All Asset Aggressive-Alt 50 Portfolio |
0.10 | % | N/A | 0.35 | % | |||||||
| All Asset Aggressive-Alt 75 Portfolio |
0.10 | % | N/A | 0.35 | % | |||||||
| All Asset Growth – Alt 20 Portfolio |
0.10 | % | 0.35 | % | 0.35 | % | ||||||
| All Asset Moderate Growth-Alt 15 Portfolio |
0.10 | % | N/A | 0.35 | % | |||||||
| Portfolio |
Maximum Annual Operating Expense Limit | |||||||||||
| Class K | Class IA+ | Class IB+ | ||||||||||
| AXA Aggressive Strategy Portfolio |
0.90 | %* | N/A | 1.15 | %* | |||||||
| AXA Balanced Strategy Portfolio |
0.80 | %* | 1.05 | %* | 1.05 | %* | ||||||
| AXA Conservative Growth Strategy Portfolio |
0.75 | %* | 1.00 | %* | 1.00 | %* | ||||||
| AXA Conservative Strategy Portfolio |
0.70 | %* | 0.95 | %* | 0.95 | %* | ||||||
| AXA Growth Strategy Portfolio |
0.85 | %* | 1.10 | %* | 1.10 | %* | ||||||
| AXA Moderate Growth Strategy Portfolio |
0.85 | %* | 1.10 | %* | 1.10 | %* | ||||||
| AXA Ultra Conservative Strategy Portfolio |
0.70 | %* | 0.95 | %* | 0.95 | %* | ||||||
| ATM International Managed Volatility Portfolio (formerly, ATM International Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| ATM Large Cap Managed Volatility Portfolio (formerly, ATM Large Cap Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| ATM Mid Cap Managed Volatility Portfolio (formerly, ATM Mid Cap Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| ATM Small Cap Managed Volatility Portfolio (formerly, ATM Small Cap Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| AXA 2000 Managed Volatility Portfolio (formerly, AXA Tactical Manager 2000 Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| AXA 400 Managed Volatility Portfolio (formerly, AXA Tactical Manager 400 Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| AXA 500 Managed Volatility Portfolio (formerly, AXA Tactical Manager 500 Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| AXA International Managed Volatility (formerly, AXA Tactical Manager International Portfolio) |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| EQ/AllianceBernstein Short-Term Bond Portfolio |
0.65 | % | 0.90 | % | 0.90 | % | ||||||
| EQ/AllianceBernstein Short Duration Government Bond Portfolio |
0.65 | % | 0.90 | % | 0.90 | % | ||||||
| AXA SmartBeta™ Equity Portfolio |
1.00 | % | N/A | 1.25 | % | |||||||
| EQ/AllianceBernstein Dynamic Wealth Strategies Portfolio |
0.95 | % | 1.20 | % | 1.20 | % | ||||||
| EQ/BlackRock Basic Value Equity Portfolio |
0.70 | % | 0.95 | % | 0.95 | % | ||||||
| EQ/Boston Advisors Equity Income Portfolio |
0.80 | % | 1.05 | % | 1.05 | % | ||||||
| EQ/Xxxxxxx Socially Responsible Portfolio |
0.90 | % | 1.15 | % | 1.15 | % | ||||||
| EQ/Capital Guardian Research Portfolio |
0.72 | % | 0.97 | % | 0.97 | % | ||||||
| EQ/Core Bond Index Portfolio |
0.47 | % | 0.72 | % | 0.72 | % | ||||||
| EQ/Convertible Securities Portfolio |
1.05 | % | N/A | 1.30 | % | |||||||
| EQ/Xxxxx New York Venture Portfolio |
0.90 | % | 1.15 | % | 1.15 | % | ||||||
| EQ/Energy ETF Portfolio |
0.70 | % | N/A | 0.95 | % | |||||||
| EQ/International ETF Portfolio |
0.55 | % | 0.80 | % | 0.80 | % | ||||||
| EQ/Invesco Xxxxxxxx Portfolio |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| EQ/High Yield Bond Portfolio |
0.95 | % | N/A | 1.20 | % | |||||||
| EQ/JPMorgan Value Opportunities Portfolio |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| EQ/Lord Xxxxxx Large Cap Core Portfolio |
0.75 | % | 1.00 | % | 1.00 | % | ||||||
| EQ/Low Volatility Global ETF Portfolio |
0.70 | % | N/A | 0.95 | % | |||||||
| EQ/MFS International Growth Portfolio |
1.00 | % | 1.25 | % | 1.25 | % | ||||||
| EQ/Montag & Xxxxxxxx Growth Portfolio |
0.90 | % | 1.15 | % | 1.15 | % | ||||||
| EQ/Xxxxxx Xxxxxxx Mid Cap Growth Portfolio |
0.85 | % | 1.10 | % | 1.10 | % | ||||||
| Portfolio |
Maximum Annual Operating Expense Limit | |||||||||||
| Class K | Class IA+ | Class IB+ | ||||||||||
| EQ/Xxxxxxxxxxx Global Portfolio |
1.00 | % | 1.25 | % | 1.25 | % | ||||||
| EQ/PIMCO Global Real Return Portfolio |
0.75 | % | N/A | 1.00 | % | |||||||
| EQ/PIMCO Ultra Short Bond Portfolio |
0.60 | % | 0.85 | % | 0.85 | % | ||||||
| EQ/X. Xxxx Price Growth Stock Portfolio |
0.85 | % | 1.10 | % | 1.10 | % | ||||||
| EQ/UBS Growth and Income Portfolio |
0.80 | % | 1.05 | % | 1.05 | % | ||||||
| EQ/Xxxxx Fargo Omega Growth Portfolio |
0.80 | % | 1.05 | % | 1.05 | % | ||||||
| Multimanager Aggressive Equity Portfolio |
0.80 | % | 1.05 | % | 1.05 | % | ||||||
| Multimanager Core Bond Portfolio |
1.00 | % | 1.25 | % | 1.25 | % | ||||||
| Multimanager Mid Cap Growth Portfolio |
1.00 | % | 1.25 | % | 1.25 | % | ||||||
| Multimanager Mid Cap Value Portfolio |
1.00 | % | 1.25 | % | 1.25 | % | ||||||
| Multimanager Technology Portfolio |
1.15 | % | 1.40 | % | 1.40 | % | ||||||
| * | For purposes of calculating the Maximum Annual Operating Expense Limit, the expenses of other investment companies in which the Portfolio invests are included in Fund Operating Expenses. |
| + | Includes amounts payable pursuant to Rule 12b-1 of the Investment Company Act of 1940. |
