Common use of MainStay Funds Trust Clause in Contracts

MainStay Funds Trust. MainStay Candriam Emerging Markets Equity Fund 0.50% on assets up to $1 billion; and 0.4875% on assets over $1 billion MainStay VP Funds Trust MainStay VP Candriam Emerging Markets Equity Portfolio (portfolio portion) 0.50% on assets up to $1 billion; and 0.4875% on assets over $1 billion The portion of the fee based upon the average daily net assets of the respective Series shall be accrued daily at the rate of 1/(number of days in calendar year) of the annual rate applied to the daily net assets of the Series. For certain Series, the Manager may agree to waive a portion of each Series’ management fee or reimburse the expenses of the appropriate class of the Series so that the class’ total ordinary operating expenses do not exceed certain amounts. These waivers or reimbursements may be changed with Board approval. To the extent the Manager agrees to waive its management fee or reimburse expenses, Xxxxxxxx, as Subadvisor for these Series, has voluntarily agreed to waive or reimburse its fee proportionately.

MainStay Funds Trust. MainStay Candriam Emerging Markets Equity Fund 0.50% on assets up to $1 billion; and 0.4875% on assets over $1 billion MainStay VP Funds Trust MainStay VP Candriam Emerging Markets Equity Portfolio (portfolio portion) 0.50% on assets up to $1 billion; and 0.4875% on assets over $1 billion The portion of the fee based upon the average daily net assets of the respective Series shall be accrued daily at the rate of 1/(number of days in calendar year) of the annual rate applied to the daily net assets of the Series. For certain Series, the Manager may agree to waive a portion of each Series’ management fee or reimburse the expenses of the appropriate class of the Series so that the class’ total ordinary operating expenses do not exceed certain amounts. These waivers or reimbursements may be changed with Board approval. To the extent the Manager agrees to waive its management fee or reimburse expenses, XxxxxxxxCandriam Belgium, as Subadvisor for these Series, has voluntarily agreed to waive or reimburse its fee proportionately.