THIRD AMENDMENT TO PARTICIPATION AGREEMENT

THIRD AMENDMENT

TO

PARTICIPATION AGREEMENT

Third Amendment, effective October 20, 2009 to The Participation Agreement, (the “Agreement”), dated December 1, 2001, as amended, by and among MONY Life Insurance Company (the “Company”), PIMCO Variable Insurance Trust, and Allianz Global Investors Distributors (formerly known as PIMCO Funds Distributors LLC), (collectively, the “Parties”).

WHEREAS, MONY Life Insurance Company merged with AXA Financial, Inc., the parent company of AXA Equitable Life Insurance Company (“AXA Equitable”), a New York Life Insurance Company; and

WHEREAS, the Parties wish to add AXA Equitable as a Party to the Agreement.

The Parties hereby agree to amend the Agreement as follows:

1. Additional Party. AXA Equitable is hereby added as a party to the Agreement and the defined term “Company” shall be deemed to include AXA Equitable.

2. Schedule A. Schedule A of the Agreement is hereby deleted in its entirety and replaced with the attached “Schedule A”.

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 Third Amendment as of the date first above set forth.

		PIMCO VARIABLE INSURANCE TRUST						ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC
		By:		/s/ Xxxxx X. Xxxxxxx				By:		/s/ Xxxxxx X. Plump
		Name:		Xxxxx X. Xxxxxxx				Name:		Xxxxxx X. Plump
		Title:		Vice President				Title:		EUP
		Date:		October 20, 2009				Date:		10/20/09
		AXA EQUITABLE LIFE INSURANCE COMPANY, on behalf of itself and its separate accounts						MONY LIFE INSURANCE COMPANY, on behalf of itself and its separate accounts
		By:		/s/ Xxxxxx X. Xxxxx				By:		/s/ Xxxxxx X. Xxxxx
		Name:		Xxxxxx X. Xxxxx				Name:		Xxxxxx X. Xxxxx
		Title:		Senior Vice President				Title:		Senior Vice President
		Date:						Date:

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SCHEDULE A

PIMCO Variable Insurance Trust Portfolios:

All Portfolios of PIMCO Variable Insurance Trust

Separate Account and Dates Established		Contracts
MONY Variable Account L November 28, 1990		All Contracts Supported by the Separate Account
MONY Variable Account A November 28, 1990		All Contracts Supported by the Separate Account
AXA Equitable Separate Account 49 November 17, 1994		All Contracts Supported by the Separate Account
AXA Equitable Separate Account 65 September 19, 1996		All Contracts Supported by the Separate Account

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