Exhibit (13)(e)(xiv)
AMENDMENT NO. 13
SECOND AMENDED AND RESTATED PARTICIPATION AGREEMENT
Amendment No. 13, dated as of July 16, 2020 (“Amendment No. 13”), to the Second Amended and Restated Participation Agreement, dated as of May 23, 2012, as amended (“Agreement”), by and among EQ Advisors Trust (“Trust”), Equitable Financial Life Insurance Company (formerly, AXA Equitable Life Insurance Company), Equitable Investment Management Group, LLC (formerly, AXA Equitable Funds Management Group, LLC) and Equitable Distributors, LLC (formerly AXA Distributors, LLC) (collectively, the “Parties”).
WHEREAS, the Parties wish to amend the Agreement to reflect the name change of AXA Distributors, LLC, AXA Equitable Funds Management Group, LLC, AXA Equitable Life Insurance Company and certain Portfolio names listed in Schedule B (as reflected in Section 2 below).
The Parties hereby agree to amend the Agreement as follows:
1. | All references in the Agreement to AXA Distributors, LLC, AXA Equitable Life Insurance Company and AXA Equitable Funds Management Group, LLC are hereby deleted and replaced with Equitable Distributors, LLC, Equitable Financial Life Insurance Company and Equitable Investment Management Group, LLC, respectively. |
2. | Portfolio Name Changes. The name of each Portfolio listed below is changed to the name set forth opposite the current name: |
Current Portfolio Name | New Portfolio Name | |
All Asset Growth – Alt 20 Portfolio | EQ/All Asset Growth Allocation Portfolio | |
AXA 2000 Managed Volatility Portfolio | EQ/2000 Managed Volatility Portfolio | |
AXA 400 Managed Volatility Portfolio | EQ/400 Managed Volatility Portfolio | |
AXA 500 Managed Volatility Portfolio | EQ/500 Managed Volatility Portfolio | |
AXA Aggressive Strategy Portfolio | EQ/Aggressive Growth Strategy Portfolio | |
AXA Balanced Strategy Portfolio | EQ/Balanced Strategy Portfolio | |
AXA Conservative Growth Strategy Portfolio | EQ/Conservative Growth Strategy Portfolio | |
AXA Conservative Strategy Portfolio | EQ/Conservative Strategy Portfolio | |
AXA Global Equity Managed Volatility Portfolio | EQ/Global Equity Managed Volatility Portfolio | |
AXA Growth Strategy Portfolio | EQ/Growth Strategy Portfolio | |
AXA International Core Managed Volatility Portfolio | EQ/International Core Managed Volatility Portfolio | |
AXA International Managed Volatility Portfolio | EQ/International Managed Volatility Portfolio | |
AXA International Value Managed Volatility Portfolio | EQ/International Value Managed Volatility Portfolio | |
AXA Large Cap Core Managed Volatility Portfolio | EQ/Large Cap Core Managed Volatility Portfolio | |
AXA Large Cap Growth Managed Volatility Portfolio | EQ/Large Cap Growth Managed Volatility Portfolio | |
AXA Large Cap Value Managed Volatility Portfolio | EQ/Large Cap Value Managed Volatility Portfolio | |
AXA Mid Cap Value Managed Volatility Portfolio | EQ/Mid Cap Value Managed Volatility Portfolio | |
AXA Moderate Growth Strategy Portfolio | EQ/Moderate Growth Strategy Portfolio | |
AXA Ultra Conservative Strategy Portfolio | EQ/Ultra Conservative Strategy Portfolio |
AXA/AB Dynamic Aggressive Growth | EQ/AB Dynamic Aggressive Growth | |
AXA/AB Dynamic Growth Portfolio | EQ/AB Dynamic Growth Portfolio | |
AXA/AB Dynamic Moderate Growth Portfolio | EQ/AB Dynamic Moderate Growth Portfolio | |
AXA/AB Short Duration Government Bond Portfolio | EQ/AB Short Duration Government Bond Portfolio | |
AXA/AB Small Cap Growth Portfolio | EQ/AB Small Cap Growth Portfolio | |
AXA/ClearBridge Large Cap Growth Portfolio | EQ/ClearBridge Large Cap Growth Portfolio | |
AXA/Franklin Balanced Managed Volatility Portfolio | EQ/Franklin Balanced Managed Volatility Portfolio | |
AXA/Franklin Small Cap Value Managed Volatility Portfolio | EQ/Franklin Small Cap Value Managed Volatility Portfolio | |
AXA/Janus Enterprise Portfolio | EQ/Janus Enterprise Portfolio | |
AXA/Loomis Sayles Growth Portfolio | EQ/Loomis Sayles Growth Portfolio | |
AXA/Morgan Stanley Small Cap Growth Portfolio | EQ/Morgan Stanley Small Cap Growth Portfolio | |
EQ/Capital Guardian Research Portfolio | EQ/Capital Group Research Portfolio | |
EQ/Ivy Energy Portfolio | EQ/Wellington Energy Portfolio | |
EQ/Ivy Mid Cap Growth Portfolio | EQ/MFS Mid Cap Focused Growth Portfolio | |
EQ/MFS International Value Portfolio | EQ/MFS International Intrinsic Value Portfolio | |
EQ/Oppenheimer Global Portfolio | EQ/Invesco Global Portfolio |
3. | Removed Portfolios. All references to the AXA/Franklin Templeton Allocation Managed Volatility Portfolio, AXA/Templeton Global Equity Managed Volatility Portfolio, AXA/UBS Growth and Income Portfolio, EQ/Ivy Science & Technology Portfolio, Multimanager Mid Cap Growth Portfolio and Multimanager Mid Cap Value Portfolio are removed. |
4. | Schedule B. Schedule B to the Agreement, setting forth the Portfolios of the Trust on behalf of which the Trust is entering into the Agreement, is hereby replaced in its entirety by 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. 13 as of the date first above set forth.
EQ ADVISORS TRUST | EQUITABLE FINANCIAL LIFE INSURANCE COMPANY | |||||||||
By: | /s/Brian Walsh | By: | /s/ Kenneth Kozlowski | |||||||
Name: Brian Walsh | Name: Kenneth Kozlowski | |||||||||
Title: Chief Financial Officer and Treasurer | Title: Managing Director | |||||||||
EQUITABLE DISTRIBUTORS, LLC | EQUITABLE INVESTMENT MANAGEMENT GROUP, LLC | |||||||||
By: | /s/ Nicholas B. Lane | By: | /s/ Michal Levy | |||||||
Name: Nicholas B. Lane | Name: Michal Levy | |||||||||
Title: Chairman of the Board, President and Chief Executive Officer | Title: Director, Senior Vice President and Chief Operating Officer |
SCHEDULE B
AMENDMENT NO. 13
SECOND AMENDED AND RESTATED PARTICIPATION AGREEMENT
1290 VT Convertible Securities Portfolio
1290 VT DoubleLine Dynamic Allocation Portfolio
1290 VT DoubleLine Opportunistic Bond Portfolio
1290 VT Energy Portfolio
1290 VT Equity Income Portfolio
1290 VT GAMCO Mergers & Acquisitions Portfolio
1290 VT GAMCO Small Company Value Portfolio
1290 VT High Yield Bond Portfolio
1290 VT Low Volatility Global Equity Portfolio
1290 VT Micro Cap Portfolio
1290 VT Moderate Growth Allocation Portfolio
1290 VT Multi-Alternative Strategies Portfolio
1290 VT Natural Resources Portfolio
1290 VT Real Estate Portfolio
1290 VT Small Cap Value Portfolio
1290 VT SmartBeta Equity Portfolio
1290 VT Socially Responsible Portfolio
ATM International Managed Volatility Portfolio
ATM Large Cap Managed Volatility Portfolio
ATM Mid Cap Managed Volatility Portfolio
ATM Small Cap Managed Volatility Portfolio
EQ/2000 Managed Volatility Portfolio
EQ/400 Managed Volatility Portfolio
EQ/500 Managed Volatility Portfolio
EQ/AB Dynamic Aggressive Growth Portfolio
EQ/AB Dynamic Growth Portfolio
EQ/AB Dynamic Moderate Growth Portfolio
EQ/AB Short Duration Government Bond Portfolio
EQ/AB Small Cap Growth Portfolio
EQ/Aggressive Growth Strategy Portfolio
EQ/All Asset Growth Allocation Portfolio
EQ/American Century Mid Cap Value Portfolio
EQ/American Century Moderate Growth Allocation Portfolio
EQ/AXA Investment Managers Moderate Allocation Portfolio
EQ/Balanced Strategy Portfolio
EQ/BlackRock Basic Value Equity Portfolio
EQ/Capital Group Research Portfolio
EQ/ClearBridge Large Cap Growth Portfolio
EQ/ClearBridge Select Equity Managed Volatility Portfolio
EQ/Common Stock Index Portfolio
EQ/Conservative Growth Strategy Portfolio
EQ/Conservative Strategy Portfolio
EQ/Core Bond Index Portfolio
EQ/Emerging Markets Equity PLUS Portfolio
EQ/Equity 500 Index Portfolio
EQ/Fidelity Institutional AM® Large Cap
EQ/First Trust Moderate Growth Allocation Portfolio
EQ/Franklin Balanced Managed Volatility Portfolio
EQ/Franklin Rising Dividends Portfolio
EQ/Franklin Small Cap Value Managed Volatility Portfolio
EQ/Franklin Strategic Income Portfolio
EQ/Global Bond PLUS Portfolio
EQ/Global Equity Managed Volatility Portfolio
EQ/Goldman Sachs Growth Allocation Portfolio
EQ/Goldman Sachs Mid Cap Value Portfolio
EQ/Goldman Sachs Moderate Growth Allocation Portfolio
EQ/Growth Strategy Portfolio
EQ/Intermediate Government Bond Portfolio
EQ/International Core Managed Volatility Portfolio
EQ/International Equity Index Portfolio
EQ/International Managed Volatility Portfolio
EQ/International Value Managed Volatility Portfolio
EQ/Invesco Comstock Portfolio
EQ/Invesco Global Portfolio
EQ/Invesco Global Real Estate Portfolio
EQ/Invesco International Growth Portfolio
EQ/Invesco Moderate Allocation Portfolio
EQ/Invesco Moderate Growth Allocation Portfolio
EQ/Janus Enterprise Portfolio
EQ/JPMorgan Growth Allocation Portfolio
EQ/JPMorgan Value Opportunities Portfolio
EQ/Large Cap Core Managed Volatility Portfolio
EQ/Large Cap Growth Index Portfolio
EQ/Large Cap Growth Managed Volatility Portfolio
EQ/Large Cap Value Index Portfolio
EQ/Large Cap Value Managed Volatility Portfolio
EQ/Lazard Emerging Markets Equity Portfolio
EQ/Legg Mason Growth Allocation Portfolio
EQ/Legg Mason Moderate Allocation Portfolio
EQ/Loomis Sayles Growth Portfolio
EQ/MFS International Growth Portfolio
EQ/MFS International Intrinsic Value Portfolio
EQ/MFS Mid Cap Focused Growth Portfolio
EQ/MFS Technology Portfolio
EQ/MFS Utilities Series Portfolio
EQ/Mid Cap Index Portfolio
EQ/Mid Cap Value Managed Volatility Portfolio
EQ/Moderate Growth Strategy Portfolio
EQ/Money Market Portfolio
EQ/Morgan Stanley Small Cap Growth Portfolio
EQ/PIMCO Global Real Return Portfolio
EQ/PIMCO Real Return Portfolio
EQ/PIMCO Total Return Portfolio
EQ/PIMCO Ultra Short Bond Portfolio
EQ/Quality Bond PLUS Portfolio
EQ/Small Company Index Portfolio
EQ/T. Rowe Price Growth Stock Portfolio
EQ/T. Rowe Price Health Sciences Portfolio
EQ/Ultra Conservative Strategy Portfolio
EQ/Wellington Energy Portfolio
Multimanager Aggressive Equity Portfolio
Multimanager Core Bond Portfolio
Multimanager Technology Portfolio