MAINSTAY VP FUNDS TRUST FORM OF AMENDMENT TO SUBADVISORY AGREEMENT
Exhibit (d)(6)(a)
FORM OF AMENDMENT TO SUBADVISORY AGREEMENT
This Amendment to the Subadvisory Agreement, is made as of the 1st day of May, 2021, between New York Life Investment Management LLC, a Delaware limited liability company (the “Manager”) and BNY Mellon Asset Management North America Corporation, a Delaware corporation (the “Subadvisor”).
WHEREAS, the Manager and the Subadvisor are parties to the Subadvisory Agreement, dated November 30, 2018, as amended (“Agreement”); and
WHEREAS, the Manager and the Subadvisor hereby wish to amend Schedule A of the Agreement to rename the portfolio from MainStay XX Xxxxxx Natural Resources Portfolio to MainStay VP Natural Resources Portfolio.
NOW, THEREFORE, the parties agree as follows:
(i) Effective May 1, 2021, 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 instrument to be executed by their officers designated below as of the date first written above. This Agreement may be signed in counterparts.
NEW YORK LIFE INVESTMENT MANAGEMENT LLC | |||
Attest: | By: | ||
Name: | Xxxxx X. XxXxxxx | Name: | Yie-Xxxx Xxxx |
Title: | Director and Associate General Counsel | Title: | Chief Executive Officer |
BNY MELLON ASSET MANAGEMENT NORTH AMERICA CORPORATION | |||
Attest: | By: | ||
Name: | Name: | ||
Title: | Title: | ||
SCHEDULE A
(As of May 1, 2021)
As compensation for services provided by Subadvisor, the Manager will pay the Subadvisor and Subadvisor agrees to accept as full compensation for all services rendered hereunder, at an annual subadvisory fee equal to the following:
PORTFOLIO | ANNUAL RATE |
MainStay VP Natural Resources Portfolio | 0.40% on assets up to $150 million; |
The portion of the fee based upon the average daily net assets of the 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.
The annual rate is based on the percentage that the Allocated Assets constitutes of the Portfolio’s total average daily net assets.
Payment will be made to the Subadvisor on a monthly basis.
