MAINSTAY SERIES VP SERIES FUND, INC. AMENDMENT TO THE AMENDED AND RESTATED MANAGEMENT AGREEMENT
Exhibit d.1.(ii)
MAINSTAY
SERIES VP SERIES FUND, INC.
AMENDMENT
TO THE AMENDED AND RESTATED MANAGEMENT AGREEMENT
This
Amendment to the Amended and Restated Management Agreement is hereby made as of
the 20th day of
November, 2009 between MainStay VP Series Fund, Inc. (the “Company”), on behalf
of its series as set forth on Schedule A (each, a “Portfolio,” and collectively,
the “Portfolios”) and New York Life Investment Management LLC, a Delaware
limited liability company (the “Manager”).
WHEREAS, the Company and the
Portfolios are parties to an Amended and Restated Management Agreement, dated
August 1, 2008 (“Agreement”); and
WHEREAS, the parties hereby
wish to amend the Agreement to reflect the name change for the MainStay VP Total
Return Portfolio and MainStay VP Developing Growth Portfolio and the removal of
the MainStay VP Mid Cap Value Portfolio, MainStay VP Mid Cap Growth Portfolio
and MainStay VP Small Cap Growth Portfolio.
NOW, THEREFORE, the parties
agree as follows:
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(i)
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effective
November 20, 2009, Schedule A is hereby amended by deleting it in its
entirety and replacing it with the Schedule attached
hereto.
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IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be executed by their duly
authorized officers and attested as the date first written above.
THE
MAINSTAY FUNDS
By: /s/ Xxxxxxx X.
Xxxxxx
Name: Xxxxxxx
X. Xxxxxx
Title: President
NEW
YORK LIFE INVESTMENT MANAGEMENT LLC
By: /s/ Xxxxx X.
Xxxxx
Name: Xxxxx
X. Xxxxx
Title: Executive
Vice President
SCHEDULE
A
(Effective
as of November 20, 2009)
For all
services rendered by the Manager hereunder, the below named Portfolios of the
Company 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:
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Portfolio
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Annual
Rate*
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Balanced
Portfolio
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0.75%
up to $1 billion; and
0.70%
in excess of $1 billion
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Bond
Portfolio
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0.500%
up to $500 million;
0.475%
from $500 million to $1 billion; and
0.450%
in excess of $1 billion
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Cash
Management Portfolio
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0.450% up to $500
million;
0.400% from $500 million to $1
billion; and
0.350% in excess of $1
billion
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Common
Stock Portfolio
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0.550%
up to $500 million;
0.525%
from $500 million to $1 billion; and
0.500%
in excess of $1 billion
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Conservative
Allocation Portfolio
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0.00%
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Convertible
Portfolio
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0.600%
up to $1 billion; and
0.500%
in excess of $1 billion.
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Floating
Rate Portfolio
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0.60%
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Government
Portfolio
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0.500%
up to $500 million;
0.475%
from $500 million to $1 billion; and
0.450%
in excess of $1 billion
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Growth
Allocation Portfolio
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0.00%
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Growth
Equity Portfolio
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0.610%
up to $1 billion; and
0.500%
in excess of $1 billion.
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High
Yield Corporate Bond Portfolio
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0.570%
up to$1 billion;
0.550%
from $1 billion to $5 billion; and
0.525%
in excess of $5 billion
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ICAP
Select Equity Portfolio
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0.800%
up to $250 million;
0.750%
from $250 million to $1 billion; and
0.740%
in excess of $1 billion
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Income
Builder Portfolio
(formerly
Total Return Portfolio)
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0.570%
up to $1 billion; and
0.550%
in excess of $1 billion
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International
Equity Portfolio
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0.890%
up to $500 million; and
0.850%
in excess of $500 million
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Large
Cap Growth Portfolio
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0.750%
up to $500 million;
0.725%
from $500 million to $1 billion; and
0.700%
in excess of $1 billion
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Mid
Cap Core Portfolio
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0.85%
up to $1 billion; and
0.80%
in excess of $1 billion
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Moderate
Allocation Portfolio
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0.00%
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Moderate
Growth Allocation Portfolio
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0.00%
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S&P
500 Index Portfolio
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0.300%
up to $1 billion;
0.275%
from $1 billion to $2 billion;
0.265%
from $2 billion to $3 billion; and
0.250%
on assets over $3 billion
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U.S.
Small Cap Portfolio
(formerly
Developing Growth Portfolio)
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0.800%
up to $200 million;
0.750%
from $200 million to $500 million;
0.725%
from $500 million to $1 billion; and
0.700%
in excess of $1 billion
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* Of each
Portfolio’s average daily net assets.
