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AMENDMENT TO SUB-ADVISORY AGREEMENT
WHEREAS, Mainstay Management, Inc. ("Mainstay Management") and
XxxXxx-Xxxxxxx Financial Corp. ("XxxXxx-Xxxxxxx") are parties to an investment
sub-advisory, on behalf of the Mainstay Strategic Value Fund series of The
Mainstay Funds, dated October 21, 1997 (the "Agreement");
WHEREAS, Mainstay Management has converted from a corporation
to a limited liability company under Delaware law;
WHEREAS, and XxxXxx-Xxxxxxx 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 each of Mainstay Management, Ins. and XxxXxx-Xxxxxxx
Financial Corp. to limited liability companies; 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, Ins. in its entirety
and replace it with MainStay Management LLC and to delete each reference to and
XxxXxx-Xxxxxxx Financial Corp. in its entirety and replace it with MacKay
Xxxxxxx LLC.
IN WITNESS WHEREOF, the parties hereto have caused this
amendment to be executed by their duly authorized officers hereunto daily
attested as of the 1st day of October, 1999.
MainStay Management LLC
By:
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Attest
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MacKay Xxxxxxx LLC
By:
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Attest
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