AMENDMENT NO. 1
TO
EXPENSE LIMITATION AGREEMENT
This Amendment No. 1 dated December 9, 1997 (the "Amendment") to the
Expense Limitation Agreement dated April 14, 1997, by and between EQ Financial
Consultants, Inc. and EQ Advisors Trust (the "Original Agreement"), amends the
Original Agreement as follows:
1. Duration of Agreement. With respect to each Portfolio specified in
Schedule A to the Original Agreement, the Agreement will continue in effect
until April 14, 1999 and thereafter will continue annually only so long as such
continuance is specifically approved at least annually by a majority of the
Board of Trustees of the Trust who are not interested persons of any party to
the Agreement and who have no direct or indirect financial interest in the
operation of the Original Agreement. With respect to each new Portfolio
specified in Schedule A, as revised below, the Agreement will continue in
effect for a period of more than one year from the date of the execution of
this Amendment No. 1 only so long as such continuance is approved as specified
above.
2. Schedule A. Schedule A to the Original Agreement is replaced in its
entirety by Schedule A attached hereto.
Except as modified and amended hereby, the Original Agreement is
hereby ratified and confirmed in full force and effect in accordance with its
terms.
EQ ADVISORS TRUST
ON BEHALF OF EACH OF ITS SERIES
By: /s/ Xxxxx X. Xxxxx
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Xxxxx X. Xxxxx
President and Trustee
EQ FINANCIAL CONSULTANTS, INC.
By: /s/ Xxxxx X. Xxxxx
---------------------------------------
Xxxxx X. Xxxxx
Executive Vice President
SCHEDULE A
TO
AMENDMENT NO. 1
TO
EXPENSE LIMITATION AGREEMENT
EXPENSE LIMITATION AMOUNTS
This Agreement relates to the following Portfolios of the Trust:
Maximum Expense
Name of Portfolio Limitation Amount
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X. Xxxx Price International Stock Portfolio 1.20%
X. Xxxx Price Equity Income Portfolio 0.85%
EQ/Xxxxxx Growth & Income Value Portfolio 0.85%
EQ/Xxxxxx International Equity Portfolio 1.20%
EQ/Xxxxxx Investors Growth Portfolio 0.85%
EQ/Xxxxxx Balanced Portfolio 0.90%
MFS Research Portfolio 0.85%
MFS Emerging Growth Companies Portfolio 0.85%
Xxxxxx Xxxxxxx Emerging Markets Equity Portfolio 1.75%
Warburg Pincus Small Company Value Portfolio 1.00%
Xxxxxxx Xxxxx World Strategy Portfolio 1.20%
Xxxxxxx Xxxxx Basic Value Equity Portfolio 0.85%
Lazard Small Cap Value Portfolio 1.20%
Lazard Large Cap Value Portfolio 0.90%
JPM Core Bond Portfolio 0.80%
BT Small Company Index Portfolio 0.60%
BT International Equity Index Portfolio 0.80%
BT Equity 500 Index Portfolio 0.55%
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