AMENDMENT NO. 4

PARTICIPATION AGREEMENT

The Participation Agreement, (the “Agreement”), dated July 1, 2005, by and among AIM Variable Insurance Funds (Invesco Variable Insurance Funds), a Delaware Trust (“AVIF (IVIF)”), Invesco Distributors, Inc., a Delaware corporation (“INVESCO”), AXA Equitable Life Insurance Company, a New York life insurance company (“LIFE COMPANY”), on behalf of itself and each of its segregated asset accounts listed in Schedule A hereto, as the parties hereto may amend from time to time (each, an “Account,” and collectively, the “Accounts”); and AXA Advisors, LLC and AXA Distributors LLC, each an affiliate of LIFE COMPANY and the principal underwriters of the contracts (“UNDERWRITER”) (collectively, the “Parties”), is hereby amended as follows:

WHEREAS, the parties wish to add Separate Account 70 to the Agreement;

The parties hereby agree to amend the Agreement as follows:

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

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SCHEDULE A

FUNDS AVAILABLE UNDER THE CONTRACTS

Series I and II shares

Invesco V.I. Balanced-Risk Allocation Fund	Invesco V.I. S&P 500 Fund
Invesco V.I. Core Equity Fund	Invesco V.I. Small Cap Equity Fund
Invesco V.I. Diversified Dividend Fund	Invesco V.I. Technology Fund
Invesco V.I. Diversified Income Fund	Invesco V.I. Utilities Fund
Invesco V.I. Equally-Weighted S&P 500 Fund	Invesco Van Kampen V.I. American Franchise Fund
Invesco V.I. Global Core Equity Fund	Invesco Van Kampen V.I. Comstock Fund
Invesco V.I. Global Health Care Fund	Invesco Van Kampen V.I. Equity and Income Fund
Invesco V.I. Global Real Estate Fund	Invesco Van Kampen V.I. Growth and Income Fund
Invesco V.I. Government Securities Fund	Invesco Van Kampen V.I. Mid Cap Growth Fund
Invesco V.I. High Yield Fund	Invesco Van Kampen V.I. Mid Cap Value Fund
Invesco V.I. High Yield Securities Fund	(Effective July 15, 2012, this Fund will be renamed
Invesco V.I. International Growth Fund	Invesco Van Kampen V.I. American Value Fund)
Invesco V.I. Mid Cap Core Equity Fund	Invesco Van Kampen V.I. Value Opportunities Fund
Invesco V.I. Money Market Fund

SEPARATE ACCOUNTS UTILIZING THE FUNDS

Separate Account A

Separate Account FP

Separate Account I

Separate Account 45

Separate Account 49

Separate Account 65

Separate Account 66

Separate Account 70

Separate Account 206

Separate Account 301

CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS

All Contracts

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All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

Effective date: May 1, 2012.

		AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
Attest:		By:
Name:	Melanie Ringold	Name:	John M. Zerr
Title:	Assistant Secretary	Title:	Senior Vice President
		INVESCO DISTRIBUTORS, INC.
Attest:		By:
Name:	Melanie Ringold	Name:	John S. Cooper
Title:	Assistant Secretary	Title:	President
		AXA EQUITABLE LIFE INSURANCE COMPANY, on behalf of itself and its separate accounts
Attest:		By:
Name:	Kenneth Kozlowski	Name:	Steven Joenk
Title:	Senior Vice President	Title:	Senior Vice President
		AXA ADVISORS, LLC
Attest:		By:
Name:	Barbara Galligan	Name:	Andrew J. McMahon
Title:	Executive Assistant	Title:	Chairman
		AXA DISTRIBUTORS, LLC
Attest:		By:
Name:	Darlene Blanco	Name:	Nick Lane
Title:	Executive Assistant	Title:	President

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