FORM OF AMENDMENT NO. 12 FOURTH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Exhibit (h)(2)(xxvii)
FORM OF
AMENDMENT NO. 12
FOURTH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
Amendment No. 12 to the Fourth Amended and Restated Expense Limitation Agreement, dated as of May 1, 2008, between AXA Equitable Life Insurance Company (“AXA Equitable” or the “Manager”) and EQ Advisors Trust (the “Trust”) (“Amendment No. 12”).
The Manager and Trust hereby agree to modify and amend the Fourth Amended and Restated Expense Limitation Agreement dated as of May 1, 2002, as amended, (“Agreement”), between them as follows:
| 1. | Name Changes. The names of the MarketPLUS International Core Portfolio, MarketPLUS Large Cap Growth Portfolio MarketPLUS Large Cap Core Portfolio and MarketPLUS Mid Cap Value Porfolio are changed to EQ/International Core PLUS Portfolio, EQ/Large Cap Growth PLUS Portfolio, EQ/Large Cap Core PLUS Portfolio and EQ/Mid Cap Value PLUS Portfolio, respectively. |
| 2. | Schedule A. Schedule A to the Agreement, which sets forth the Portfolios of the Trust, is hereby replaced in its entirety by Amendment No. 12 to Schedule A attached hereto. |
| 3. | Schedule B. Schedule B to the Agreement, which sets forth the reimbursement periods for each of the Portfolios of the Trust is hereby replaced in its entirety by the Amendment No. 12 to Schedule 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. 12 as of the date first above set forth.
| AXA EQUITABLE LIFE INSURANCE COMPANY | ||||||||
| By: |
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By: |
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| ▇▇▇▇▇ ▇▇▇▇▇ | ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ | |||||||
| Chief Financial Officer and Treasurer | Senior Vice President | |||||||
SCHEDULE A
AMENDMENT NO. 12
FOURTH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
MAXIMUM ANNUAL OPERATING EXPENSE LIMITS
This Agreement relates to the following Portfolios of the Trust:
| Portfolios |
Maximum Annual Operating Expense Limit | |||||
| (including amounts payable pursuant to Rule 12b-1) |
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| Class IA | Class IB | |||||
| Crossings Aggressive Allocation Portfolio |
0.10 | % | 0.20 | % | ||
| Crossings Conservative Allocation Portfolio |
0.10 | % | 0.20 | % | ||
| Crossings Conservative-Plus Allocation Portfolio |
0.10 | % | 0.20 | % | ||
| Crossings Moderate Allocation Portfolio |
0.10 | % | 0.20 | % | ||
| Crossings Moderate-Plus Allocation Portfolio |
0.10 | % | 0.20 | % | ||
| EQ/AllianceBernstein International Portfolio |
0.85 | % | 1.10 | % | ||
| EQ/AllianceBernstein Large Cap Growth Portfolio |
0.80 | % | 1.05 | % | ||
| EQ/AllianceBernstein Value Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/Ariel Appreciation II Portfolio |
0.90 | % | 1.15 | % | ||
| EQ/AXA ▇▇▇▇▇▇▇▇▇ Value Long/Short Equity Portfolio |
1.74 | %* | 1.99 | %* | ||
| EQ/BlackRock Basic Value Equity Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/BlackRock International Value Portfolio |
1.00 | % | 1.25 | % | ||
| EQ/▇▇▇▇▇▇▇ Socially Responsible Portfolio |
0.80 | % | 1.05 | % | ||
| EQ/Capital Guardian Growth Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/Capital Guardian Research Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/▇▇▇▇▇ New York Venture Portfolio |
1.05 | % | 1.30 | % | ||
| EQ/Evergreen International Bond Portfolio |
0.90 | % | 1.15 | % | ||
| EQ/Evergreen Omega Portfolio |
0.90 | % | 1.15 | % | ||
| EQ/FI Mid Cap Portfolio |
0.75 | % | 1.00 | % | ||
| EQ/Franklin Income Portfolio |
1.05 | % | 1.30 | % | ||
| EQ/Franklin Small Cap Value Portfolio |
1.05 | % | 1.30 | % | ||
| EQ/Franklin ▇▇▇▇▇▇▇▇▇ Founding Strategy Portfolio |
0.15 | % | 0.40 | % | ||
| EQ/International Core PLUS Portfolio |
0.85 | % | 1.10 | % | ||
| EQ/International ETF Portfolio |
0.40 | % | 0.65 | % | ||
| EQ/JPMorgan Core Bond Portfolio |
0.60 | % | 0.85 | % | ||
| EQ/JPMorgan Value Opportunities Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/Large Cap Core PLUS Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/Large Cap Growth PLUS Portfolio |
0.70 | % | 0.95 | % | ||
| EQ/▇▇▇▇ ▇▇▇▇▇ Value Equity Portfolio |
0.75 | % | 1.00 | % | ||
| EQ/Lord ▇▇▇▇▇▇ Growth and Income Portfolio |
0.75 | % | 1.00 | % | ||
| EQ/Lord ▇▇▇▇▇▇ Large Cap Core Portfolio |
0.75 | % | 1.00 | % | ||
| EQ/Lord ▇▇▇▇▇▇ Mid Cap Value Portfolio |
0.80 | % | 1.05 | % | ||
| EQ/▇▇▇▇▇▇▇ Focus Portfolio |
0.90 | % | 1.15 | % | ||
| EQ/Mid Cap Value PLUS Portfolio |
0.75 | % | 1.00 | % | ||
| EQ/Mutual Shares Portfolio |
1.05 | % | 1.30 | % | ||
| EQ/▇▇▇▇▇▇▇▇▇▇▇ Global Portfolio |
1.10 | % | 1.35 | % | ||
| ▇▇/▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ |
1.05 | % | 1.30 | % | ||
| ▇▇/▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ Portfolio |
1.05 | % | 1.30 | % | ||
| EQ/Small Company Index Portfolio |
0.60 | % | 0.85 | % | ||
| EQ/▇▇▇▇▇▇▇▇▇ Growth Portfolio |
1.10 | % | 1.35 | % | ||
| EQ/▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Portfolio |
0.75 | % | 1.00 | % | ||
| Portfolios |
Maximum Annual Operating Expense Limit | |||||
| (including amounts payable pursuant to Rule 12b-1) |
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| Class A | Class B | |||||
| EQ/▇▇▇ ▇▇▇▇▇▇ Emerging Markets Equity Portfolio |
1.55 | % | 1.80 | % | ||
| EQ/▇▇▇ ▇▇▇▇▇▇ Mid Cap Growth Portfolio |
0.80 | % | 1.05 | % | ||
| EQ/▇▇▇ ▇▇▇▇▇▇ Real Estate Portfolio |
1.01 | % | 1.26 | % | ||
| * | Reflects contractual limitations by Manager to waive its management fee and/or bear certain expenses, excluding dividend expense. |
SCHEDULE B
AMENDMENT NO. 12
FOURTH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT
REIMBURSEMENT PERIOD
Five Year Reimbursement Period:
| EQ/BlackRock Basic Value Equity Portfolio (formerly, the EQ/Mercury Basic Value Equity Portfolio) |
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| EQ/BlackRock International Value Portfolio (formerly, the EQ/Mercury International Value Portfolio) |
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| EQ/Capital Guardian Growth Portfolio (formerly, EQ/▇▇▇▇▇▇ Growth & Income Value Portfolio) |
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| EQ/Evergreen Omega Portfolio |
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| EQ/JPMorgan Core Bond Portfolio |
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| EQ/JPMorgan Value Opportunities Portfolio (formerly, EQ/▇▇▇▇▇▇ Voyager Portfolio) |
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| EQ/Large Cap Core PLUS Portfolio (formerly, the MarketPLUS Large Cap Core Portfolio) |
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| EQ/Mid Cap Value PLUS Portfolio (formerly, the MarketPLUS Mid Cap Value Portfolio) |
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| EQ/Small Company Index Portfolio |
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| EQ/▇▇▇ ▇▇▇▇▇▇ Emerging Markets Equity Portfolio |
Three Year Reimbursement Period:
| Crossings Conservative Allocation Portfolio Crossings Conservative-Plus Allocation Portfolio Crossings Moderate Allocation Portfolio Crossings Moderate-Plus Allocation Portfolio Crossings Aggressive Allocation Portfolio EQ/AllianceBernstein International Portfolio EQ/AllianceBernstein Large Cap Growth Portfolio EQ/AllianceBernstein Value Portfolio EQ/Ariel Appreciation II Portfolio EQ/AXA ▇▇▇▇▇▇▇▇▇ Value Long/Short Equity Portfolio EQ/▇▇▇▇▇▇▇ Socially Responsible Portfolio EQ/Capital Guardian Research Portfolio EQ/▇▇▇▇▇ New York Venture Portfolio EQ/Evergreen International Bond Portfolio EQ/FI Mid Cap Portfolio EQ/Franklin Income Portfolio EQ/Franklin Small Cap Value Portfolio EQ/Franklin ▇▇▇▇▇▇▇▇▇ Founding Strategy Portfolio |
EQ/International ETF Portfolio EQ/International Core PLUS Portfolio (formerly, MarketPLUS International Core Portfolio) EQ/Large Cap Growth PLUS Portfolio (formerly, MarketPLUS Large Cap Growth Portfolio) EQ/▇▇▇▇ ▇▇▇▇▇ Value Equity Portfolio EQ/Lord ▇▇▇▇▇▇ Growth and Income Portfolio EQ/Lord ▇▇▇▇▇▇ Mid Cap Value Portfolio EQ/Lord ▇▇▇▇▇▇ Large Cap Core Portfolio EQ/▇▇▇▇▇▇▇ Focus Portfolio EQ/Mutual Shares Portfolio EQ/▇▇▇▇▇▇▇▇▇▇▇ Global Portfolio EQ/▇▇▇▇▇▇▇▇▇▇▇ Main Street Opportunity Portfolio EQ/▇▇▇▇▇▇▇▇▇▇▇ Main Street Small Cap Portfolio EQ/▇▇▇▇▇▇▇▇▇ Growth Portfolio EQ/▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Portfolio EQ/▇▇▇ ▇▇▇▇▇▇ Mid Cap Growth Portfolio EQ/▇▇▇ ▇▇▇▇▇▇ Real Estate Portfolio |