ECLIPSE FUNDS AMENDMENT TO THE AMENDED AND RESTATED MANAGEMENT AGREEMENT
AMENDMENT
TO THE AMENDED AND
RESTATED
MANAGEMENT AGREEMENT
This
Amendment (the “Amendment”) to the Amended and Restated Management Agreement is
made as of the 29th
day of
September, 2008, by and between Eclipse Funds, a Massachusetts business trust
(the “Trust”), and New York Life Investment Management LLC, a Delaware limited
liability company (“NYLIM” or the “Manager”).
WHEREAS,
the parties hereto have
entered into an Amended and Restated Management Agreement (the “Agreement”)
dated as of August 1, 2008;
NOW,
THEREFORE, for good and adequate consideration, the receipt of which is hereby
acknowledged, the parties hereto agree to amend the Agreement as follows:
|
1.
|
Schedule
A of the Agreement is hereby deleted in its entirety and replaced
with the
attached Schedule A, which reflects the name change of Mid Cap Opportunity
Fund to Mid Cap Core Fund.
|
IN
WITNESS WHEREOF, the parties have executed this Amendment as of the date first
written above.
NEW
YORK
LIFE INVESTMENT MANAGEMENT LLC
By:
______________________________
Name:
Xxxxx X. Xxxxx
Title:
Executive Vice President
By:
______________________________
Name:
Xxxxxxx X. Xxxxxx
Title:
President
SCHEDULE
A
(As
of
September 29, 2008)
For
all
services rendered by the Manager hereunder, each Fund of the Trust shall pay
the
Manager and the Manager agrees to accept as full compensation for all services
rendered hereunder, at annual fee equal to the following:
|
FUND
NAME
|
ANNUAL
RATE
|
|
Balanced
Fund
|
0.700%
up to $1 billion;
0.650%
from $1 billion to $2 billion; and
0.600%
in excess of $2 billion
|
|
Mid
Cap Core Fund *
|
0.850%
*
|
|
Small
Cap Opportunity Fund
|
1.00%
|
*
Effective date September 29, 2008 (formerly known as Mid Cap Opportunity
Fund)
