AMENDMENT NO. 4 TO THE INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(xxiii)
AMENDMENT NO. 4
TO THE
INVESTMENT MANAGEMENT AGREEMENT
Amendment No. 4 to the Investment Management Agreement, dated as of July 11, 2007, 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”) (“Amendment No. 4”).
The Trust and AXA Equitable agree to modify and amend the Investment Management Agreement dated as of April 1, 2004, as amended (“Agreement”), as follows:
| 1. | Removed Portfolio: The following portfolio of the Trust is hereby deleted in its entirety from the Agreement: EQ/Bear Xxxxxxx Small Company Growth Portfolio. |
| 2. | Name Changes: Amendment No. 4 updates the names of the EQ/Enterprise Moderate Allocation Portfolio and EQ/TCW Equity Portfolio to the All Asset Allocation Portfolio and the EQ/X. Xxxx Price Growth Stock Portfolio, respectively. |
| 3. | Appendix A: Appendix A to the Agreement and Amendments, which sets 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, which sets 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. 4 as of the date first above set forth.
| EQ ADVISORS TRUST | AXA EQUITABLE LIFE INSURANCE COMPANY | |||||||
| By: | /s/ Xxxxx Xxxxx | By: | /s/ Xxxxxx X. Xxxxx | |||||
| Xxxxx Xxxxx | Xxxxxx X. Xxxxx | |||||||
| Chief Financial Officer and | Senior Vice President | |||||||
| Treasurer | ||||||||
APPENDIX A
TO THE INVESTMENT MANAGEMENT AGREEMENT
PORTFOLIOS
EQ/Boston Advisors Equity Income Portfolio
EQ/Xxxxxxx-Xxxxxx High Yield Bond Portfolio
All Asset Allocation Portfolio
(fka EQ/ Enterprise Moderate Allocation Portfolio, fka EQ/Enterprise Managed Portfolio)
EQ/GAMCO Mergers and Acquisition Portfolio
EQ/GAMCO Small Company Value Portfolio
EQ/Government Securities Portfolio
EQ/Bond Index Portfolio
(fka EQ/Intermediate Term Bond Portfolio)
EQ/International Growth Portfolio
EQ/Long Term Bond Portfolio
EQ/Montag & Xxxxxxxx Growth Portfolio
EQ/PIMCO Real Return Portfolio
EQ/Short Duration Bond Portfolio
EQ/X. Xxxx Price Growth Stock Portfolio
(fka, EQ/TCW Equity Portfolio, fka EQ/Enterprise Equity Portfolio)
EQ/UBS Growth and Income Portfolio
APPENDIX B
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 | ||||||||||
| Fixed Income Portfolios | First $750 Million |
Next $750 Million |
Next $1 Billion |
Next $2.5 Billion |
Thereafter | |||||
| EQ/Xxxxxxx Xxxxxx High Yield Bond Portfolio |
0.600% | 0.575% | 0.550% | 0.530% | 0.520% | |||||
| EQ/PIMCO Real Return Portfolio |
0.550% | 0.525% | 0.500% | 0.480% | 0.470% | |||||
| EQ/Short Duration Bond Portfolio |
0.450% | 0.425% | 0.400% | 0.380% | 0.370% | |||||
| (as a percentage of average daily net assets | ||||||
| Fixed Income Portfolios | First $400 Million |
Next $400 Million |
Thereafter | |||
| EQ/Government Securities Portfolio |
0.500% | 0.350% | 0.300% | |||
| EQ/Long Term Bond Portfolio |
0.500% | 0.350% | 0.300% | |||
| (as a percentage of average daily net assets) | ||||||||||
| Equity Portfolios | First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||
| EQ/Boston Advisors Equity Income Portfolio |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/GAMCO Mergers and Acquisitions Portfolio |
0.900% | 0.850% | 0.825% | 0.800% | 0.775% | |||||
| EQ/International Growth Portfolio |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
| EQ/Montag & Xxxxxxxx Growth Portfolio |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| EQ/UBS Growth & Income Portfolio |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
| (as a percentage of average daily net assets) | ||||||
| Equity Portfolios | First $400 Million |
Next $400 Million |
Thereafter | |||
| EQ/GAMCO Small Company Value Portfolio |
0.800% | 0.750% | 0.700% | |||
| EQ/X. Xxxx Price Growth Stock Portfolio |
0.800% | 0.750% | 0.700% | |||
| (as a percentage of average daily net assets) | ||
| EQ/All Asset Allocation Portfolio |
0.100% | |
| EQ/Bond Index Portfolio |
0.350% | |
