EX-99.(D)(1)(XXXVI) 2 dex99d1xxxvi.htm AMD. NO 18 DTD JUNE _ , 2010 TO THE AMENDED & RESTATED INVESTMENT MGMT AGREEMENT Amd. No 18 dtd June _ , 2010 to the Amended & Restated Investment Mgmt Agreement

Exhibit (d)(1)(xxxvi)

AMENDMENT NO. 18

AMENDED AND RESTATED

INVESTMENT MANAGEMENT AGREEMENT

Amendment No. 18, dated as of [June XX, 2010] (“Amendment No. 18”) 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 the investment manager of ATM Core Bond Portfolio and ATM Intermediate Government Bond Portfolio (“New Portfolios”) on the terms and conditions contained in the Agreement.

 

  2. Duration of Agreement.

 

  a. Except as noted in subsection (b) below, with respect to each existing Portfolio as specified in Appendix A to the Agreement (except as provided below), the Agreement will continue in effect another 12 months beyond July 31, 2009 and may be continued thereafter pursuant to subsection (c) below.

 

  b. With respect to the New Portfolios specified in Amendment No. 18, the Agreement will continue in effect until two years after its effective date and may be continued thereafter pursuant to subsection (c) below. With respect to the AXA Tactical Manager 500 Portfolio I-III, AXA Tactical Manager 2000 Portfolio I-III, AXA Tactical Manager 400 Portfolio I-III and AXA Tactical Manager International Portfolio I-III, the Agreement will continue in effect for a period of two years beginning May 1, 2009 and may be continued thereafter pursuant to subsection (c) below.

 

  c. With respect to the each Portfolio, the Agreement shall continue in effect annually after the date specified in subsection (a) or (b), as the case may be, only so long as such continuance is specifically approved at least annually by a majority of the Trustees who are not a party to the agreement or interested persons (as defined in the Investment Company Act of 1940, as amended (“1940 Act”) (“Independent Trustees”), and by either the Board of Trustees or a vote of a majority of the outstanding shares of the Portfolio. 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 1940 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 majority of the outstanding voting securities of (a) any other Portfolio affected by the Agreement, or (b) all the Portfolios of the Trust.

 

  3. Name Changes: The names of the EQ/Evergreen Omega Portfolio and EQ/Van Kampen Mid Cap Growth Portfolio shall be changed to EQ/Wells Fargo Advantage Omega Growth Portfolio and EQ/Morgan Stanley Mid Cap Growth Portfolio, respectively.

 

  4. 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


  5. 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. 18 as of the date first above set forth.

 

EQ ADVISORS TRUST     AXA EQUITABLE LIFE INSURANCE COMPANY
By:  

 

    By:  

 

 

Brian Walsh

Chief Financial Officer and
Treasurer

     

Steven M. Joenk

Senior Vice President


APPENDIX A

AMENDMENT NO. 18

AMENDED AND RESTATED

INVESTMENT MANAGEMENT AGREEMENT

Portfolios

 

AXA Tactical Manager 2000 Portfolio-I, II, III

AXA Tactical Manager 400 Portfolio-I, II, III

AXA Tactical Manager 500 Portfolio-I, II, III

AXA Tactical Manager International Portfolio-I, II, III

ATM Core Bond Portfolio

ATM Intermediate Government Bond Portfolio

EQ/AllianceBernstein International Portfolio

EQ/AllianceBernstein Small Cap Growth Portfolio

EQ/AXA Franklin Small Cap Value Core Portfolio

EQ/BlackRock Basic Value Equity Portfolio

EQ/BlackRock International Value Portfolio

EQ/Calvert Socially Responsible Portfolio

EQ/Capital Guardian Growth Portfolio

EQ/Capital Guardian Research Portfolio

EQ/Common Stock Index Portfolio

EQ/Core Bond Index Portfolio

EQ/Davis New York Venture Portfolio

EQ/Equity 500 Index Portfolio

EQ/Equity Growth PLUS Portfolio

EQ/Franklin Core Balanced Portfolio

EQ/Global Bond PLUS Portfolio

EQ/Global Multi-Sector Equity Portfolio

EQ/Intermediate Government Bond Index Portfolio

  

EQ/International Core PLUS Portfolio

EQ/International ETF Portfolio

EQ/JPMorgan Value Opportunities Portfolio

EQ/Large Cap Core PLUS Portfolio

EQ/Large Cap Growth Index Portfolio

EQ/Large Cap Growth PLUS Portfolio

EQ/Large Cap Value Index Portfolio

EQ/Large Cap Value PLUS Portfolio

EQ/Lord Abbett Growth and Income Portfolio

EQ/Lord Abbett Large Cap Core Portfolio

EQ/Mid Cap Index Portfolio

EQ/Mid Cap Value PLUS Portfolio

EQ/Money Market Portfolio

EQ/Morgan Stanley Mid Cap Growth Portfolio (formerly, EQ/Van Kampen Mid Cap Growth Portfolio)

EQ/Mutual Large Cap Equity Portfolio

EQ/Oppenheimer Global Portfolio

EQ/Quality Bond PLUS Portfolio

EQ/Small Company Index Portfolio

EQ/Templeton Global Equity Portfolio

EQ/Van Kampen Comstock Portfolio

EQ/Wells Fargo Advantage Omega Growth Portfolio (formerly, EQ/Evergreen Omega Portfolio)

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  

 


APPENDIX B

AMENDMENT NO. 18

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)

 

Index Portfolios

  

EQ/Common Stock Index

   0.350

EQ/Core Bond Index

   0.350

EQ/Equity 500 Index

   0.250

EQ/Intermediate Government Bond Index

   0.350

EQ/Large Cap Growth Index

   0.350

EQ/Large Cap Value Index

   0.350

EQ/Mid Cap Index

   0.350

EQ/Small Company Index

   0.250

(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/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 International

   0.750   0.700   0.675   0.650   0.625

EQ/AllianceBernstein Small Cap Growth

   0.750   0.700   0.675   0.650   0.625

EQ/AXA Franklin Small Cap Value Core

   0.700   0.650   0.625   0.600   0.575

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/Calvert 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

EQ/Capital Guardian Research

   0.650   0.600   0.575   0.550   0.525

EQ/Davis New York Venture

   0.850   0.800   0.775   0.750   0.725

EQ/Franklin Core Balanced

   0.650   0.600   0.575   0.550   0.525

EQ/Global Multi-Sector Equity

   0.750   0.700   0.675   0.650   0.625

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/Lord Abbett Growth and Income

   0.650   0.600   0.575   0.550   0.525

EQ/Lord Abbett Large Cap Core

   0.650   0.600   0.575   0.550   0.525

EQ/Morgan Stanley Mid Cap Growth

   0.700   0.650   0.625   0.600   0.575

EQ/Mutual Large Cap Equity

   0.700   0.650   0.625   0.600   0.575

EQ/Oppenheimer Global

   0.950   0.900   0.875   0.850   0.825


(as a percentage of average daily net assets)

 

Equity Portfolios

   First
$1 Billion
    Next
$1 Billion
    Next
$3 Billion
    Next
$5 Billion
    Thereafter  

EQ/Templeton Global Equity

   0.700   0.650   0.625   0.600   0.575

EQ/Van Kampen Comstock

   0.650   0.600   0.575   0.550   0.525

EQ/Wells Fargo Advantage Omega Growth

   0.650   0.600   0.575   0.550   0.525

(as a percentage of average daily net assets)

 

PLUS Portfolios

   First
$2 Billion
    Next
$1 Billion
    Next
$3 Billion
    Next
$5 Billion
    Thereafter  

EQ/Equity Growth PLUS

   0.500   0.450   0.425   0.400   0.375

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

EQ/Large Cap Value PLUS

   0.500   0.450   0.425   0.400   0.375

(as a percentage of average daily net assets)

 

PLUS Portfolio

   First
$4 Billion
    Next
$4 Billion
    Thereafter  

EQ/Global Bond PLUS

   0.55   0.53   0.51

EQ/Quality Bond PLUS

   0.40   0.38   0.36

(as a percentage of average daily net assets)

 

Tactical Portfolios

      

AXA Tactical Manager 500 Portfolio-I, II, III

   0.450

AXA Tactical Manager 2000 Portfolio-I, II, III

   0.450

AXA Tactical Manager 400 Portfolio-I, II, III

   0.450

AXA Tactical Manager International Portfolio-I, II, III

   0.450

ATM Core Bond

   [TBD

ATM Intermediate Government Bond

   [TBD