1
AMENDMENT TO MANAGEMENT AGREEMENT
WHEREAS, MainStay Management, Inc. ("MainStay Management") is
a party to a Management Agreement dated October 27, 1997 (the "Agreement") with
The MainStay Funds (the "Trust") on behalf of each of the Series of the Trust
listed on Schedule A of the Agreement;
WHEREAS, MainStay Management has converted from a corporation
to a limited liability company under Delaware law;
WHEREAS, the Board of Trustees of The MainStay Funds at its
meeting on September 13, 1999 approved an amendment to the Agreement to reflect
the conversion of MainStay Management to a limited liability company; and
NOW THEREFORE, the parties hereby agree as follows:
Effective as of October 1, 1999, the Agreement is hereby
amended to delete each reference to MainStay Management, Inc. in its entirety
and replace it with MainStay Management LLC.
IN WITNESS WHEREOF, the parties hereto have caused this
amendment to be executed by their duly authorized officers and attested as of
the 1st day of October, 1999.
The MainStay Funds
By:
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Attest
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MainStay Management LLC
By:
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Attest
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