FORM OF AMENDMENT NO. 13 AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT
Exhibit (d)(1)(xxvi)
FORM OF
AMENDMENT NO. 13
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Amendment No. 13, dated , 2008 (“Amendment No. 13”) to the Amended and Restated Investment Management Agreement, dated as of May 1, 2000, as amended (“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 investment manager of the EQ/All Cap Index Portfolio, EQ/Large Cap Growth Index Portfolio and EQ/Large Cap Value Index (each a “New Portfolio” and collectively, the “New Portfolios”), on the terms and condition set forth in the Agreement.
2. | Duration of the Agreement. |
(a) | Except as noted in subsection (b) below, with respect to each existing Portfolio as specified in Appendix A to the Agreement, the Agreement will continue in effect until July 31, 2009 and may be continued thereafter pursuant to subsection (c) below. |
(b) | With respect to the New Portfolios specified in this Amendment No. 13, 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), (b) or (c), as the case may be, only so long as such continuance is specifically approved at least annually either by the Board of Trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Trust, provided that in either event such continuance shall also be approved by a vote of a majority of the Trustees of the Trust who are not “interested persons” (as defined in the Investment Company Act of 1940) (“Independent Trustees”) of any party to the Agreement, cast in person at a meeting called for the purpose of voting on such approval. 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 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 (a) any other portfolio affected by the Agreement, or (b) all the portfolios of the Trust. |
3. Appendix A: Appendix A to the Agreement, 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. 13 as of the date first above set forth.
EQ ADVISORS TRUST | AXA EQUITABLE LIFE INSURANCE COMPANY
| |||||||
By: | By: | |||||||
Xxxxx Xxxxx Chief Financial Officer and Treasurer |
Xxxxxx X. Xxxxx Senior Vice President |
APPENDIX A
AMENDMENT NO. 13
AMENDED AND RESTATED
INVESTMENT MANAGEMENT AGREEMENT
Portfolios
EQ/All Cap Index Portfolio EQ/AllianceBernstein Common Stock Portfolio EQ/AllianceBernstein Growth and Income Portfolio EQ/AllianceBernstein Value Portfolio EQ/AllianceBernstein Intermediate Government Securities Portfolio EQ/AllianceBernstein International Portfolio EQ/AllianceBernstein Large Cap Growth Portfolio EQ/AllianceBernstein Quality Bond Portfolio EQ/AllianceBernstein Small Cap Growth Portfolio EQ/Ariel Appreciation II Portfolio EQ/AXA Xxxxxxxxx Value Long/Short Equity Portfolio EQ/BlackRock Basic Value Equity Portfolio (formerly, EQ/Mercury Basic Value Equity) EQ/BlackRock International Value Portfolio (formerly, EQ/Mercury International Value) EQ/Xxxxxxx Socially Responsible Portfolio EQ/Capital Guardian Growth Portfolio EQ/Capital Guardian Research Portfolio EQ/Xxxxx New York Venture Portfolio EQ/Equity 500 Index Portfolio EQ/Evergreen International Bond Portfolio EQ/Evergreen Omega Portfolio EQ/FI Mid Cap Portfolio EQ/Franklin Income Portfolio EQ/Franklin Small Cap Value Portfolio EQ/International ETF Portfolio EQ/International Core PLUS Portfolio (formerly, MarketPLUS International Core Portfolio) |
EQ/JPMorgan Core Bond Portfolio EQ/JPMorgan Value Opportunities Portfolio EQ/Large Cap Core PLUS Portfolio (formerly, MarketPLUS Large Cap Core Portfolio) EQ/Large Cap Growth Index Portfolio EQ/Large Cap Growth PLUS Portfolio (formerly, MarketPLUS Large Cap Growth Portfolio) EQ/Large Cap Value Index Portfolio EQ/Xxxx Xxxxx Value Equity Portfolio EQ/Lord Xxxxxx Growth and Income Portfolio EQ/Lord Xxxxxx Large Cap Core Portfolio EQ/Lord Xxxxxx Mid Cap Value Portfolio EQ/Xxxxxxx Focus Portfolio EQ/Mid Cap Value PLUS Portfolio (formerly, MarketPLUS Mid Cap Value 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 EQ/Xxxxxxxxx Growth Portfolio EQ/Xxx Xxxxxx Xxxxxxxx Portfolio EQ/Xxx Xxxxxx Emerging Markets Equity Portfolio EQ/Xxx Xxxxxx Mid Cap Growth Portfolio EQ/Xxx Xxxxxx Real Estate Portfolio |
APPENDIX B
AMENDMENT NO. 13
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% | |
EQ/All Cap Index |
0.300% | |
EQ/Large Cap Growth Index |
0.300% | |
EQ/Large Cap Value Index |
0.300% |
(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/AllianceBernstein Intermediate Government Securities |
0.500% | 0.475% | 0.450% | 0.430% | 0.420% | |||||
EQ/AllianceBernstein 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/JPMorgan 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/AllianceBernstein Common Stock |
0.550% | 0.500% | 0.475% | 0.450% | 0.425% | |||||
EQ/AllianceBernstein Growth and Income |
0.600% | 0.550% | 0.525% | 0.500% | 0.475% | |||||
EQ/AllianceBernstein International |
0.750% | 0.700% | 0.675% | 0.650% | 0.625% | |||||
EQ/AllianceBernstein Large Cap Growth |
0.900% | 0.850% | 0.825% | 0.800% | 0.775% | |||||
EQ/AllianceBernstein 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 Equity |
1.400% | 1.350% | 1.325% | 1.300% | 1.275% | |||||
EQ/AllianceBernstein Value |
0.650% | 0.600% | 0.575% | 0.550% | 0.525% | |||||
EQ/BlackRock Basic Value Equity |
0.600% | 0.550% | 0.525% | 0.500% | 0.475% | |||||
EQ/BlackRock International Value |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
EQ/Xxxxxxx Socially Responsible |
0.650% | 0.600% | 0.575% | 0.550% | 0.525% | |||||
EQ/Capital Guardian Growth |
0.650% | 0.600% | 0.575% | 0.550% | 0.525% |
(as a percentage of average daily net assets) | ||||||||||
Equity Portfolios |
First $1 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||
EQ/Capital Guardian Research |
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 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/JPMorgan Value Opportunities |
0.600% | 0.550% | 0.525% | 0.500% | 0.475% | |||||
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% | |||||
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 Opportunity |
0.850% | 0.800% | 0.775% | 0.750% | 0.725% | |||||
XX/Xxxxxxxxxxx Xxxx Xxxxxx Small Cap |
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% |
(as a percentage of average daily net assets) | ||||||||||
PLUS Portfolios |
First $2 Billion |
Next $1 Billion |
Next $3 Billion |
Next $5 Billion |
Thereafter | |||||
EQ/International Core PLUS |
0.600% | 0.550% | 0.525% | 0.500% | 0.475% | |||||
EQ/Mid Cap Value PLUS |
0.550% | 0.500% | 0.475% | 0.450% | 0.425% | |||||
EQ/Large Cap Growth PLUS |
0.500% | 0.450% | 0.425% | 0.400% | 0.375% | |||||
EQ/Large Cap Core PLUS |
0.500% | 0.450% | 0.425% | 0.400% | 0.375% |