-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WtZP0sF3qfJjFN6Y9izIE4a4S0fwLzbhD1VrZzUhS/GTGMSLxfRX/z8hKFTBDqnP
 hAe6iGEf5+dTr+LW32Syng==

<SEC-DOCUMENT>0001355750-09-000006.txt : 20090313
<SEC-HEADER>0001355750-09-000006.hdr.sgml : 20090313
<ACCEPTANCE-DATETIME>20090313122706
ACCESSION NUMBER:		0001355750-09-000006
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20090313
DATE AS OF CHANGE:		20090313
EFFECTIVENESS DATE:		20090313

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TDAM NORTH AMERICAN EQUITY PAIRS FUND, LLC
		CENTRAL INDEX KEY:			0001355751
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-87009
		FILM NUMBER:		09678698

	BUSINESS ADDRESS:	
		STREET 1:		TD CANADA TRUST TOWER
		STREET 2:		161 BAY STREET, 35TH FLOOR
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2T2
		BUSINESS PHONE:		416-983-4150

	MAIL ADDRESS:	
		STREET 1:		TD CANADA TRUST TOWER
		STREET 2:		161 BAY STREET, 35TH FLOOR
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2T2

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TDAM NORTH AMERICAN EQUITY PAIRS FUND LLC
		DATE OF NAME CHANGE:	20060309
</SEC-HEADER>
<DOCUMENT>
<TYPE>D/A
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0201</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001355751</cik>
        <entityName>TDAM NORTH AMERICAN EQUITY PAIRS FUND, LLC</entityName>
        <issuerAddress>
            <street1>TD CANADA TRUST TOWER</street1>
            <street2>161 BAY STREET, 35TH FLOOR</street2>
            <city>TORONTO</city>
            <stateOrCountry>A6</stateOrCountry>
            <zipCode>M5J 2T2</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>416-983-4150</issuerPhoneNumber>
        <issuerPreviousNameList>
            <previousName>TDAM NORTH AMERICAN EQUITY PAIRS FUND LLC</previousName>
        </issuerPreviousNameList>
        <jurisdictionOfInc>DE</jurisdictionOfInc>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2006</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <middleName>Dennis</middleName>
                <lastName>Bell</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>TDAM USA INC.</street1>
                <street2>31 West 52nd Street</street2>
                <city>New York</city>
                <stateOrCountry>NY</stateOrCountry>
                <zipCode>10021</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Mark Bell is a Managing Director of TDAM USA Inc., f/k/a TD Asset Management USA Inc., the Manager of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001355750-09-000005</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2006-03-01</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>TD Securities (USA) LLC</recipientName>
                <recipientCRDNumber>18476</recipientCRDNumber>
                <associatedBDName>TD Securities (USA) LLC</associatedBDName>
                <associatedBDCRDNumber>18476</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>31 West 52nd Street</street1>
                    <street2></street2>
                    <city>New York</city>
                    <stateOrCountry>NY</stateOrCountry>
                    <zipCode>10021</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>5001000</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>To date, no commissions or finders' fees have been paid to any broker-dealer in connection with the sale of shares.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>TDAM NORTH AMERICAN EQUITY PAIRS FUND, LLC</issuerName>
                <signatureName>Mark Dennis Bell</signatureName>
                <nameOfSigner>Mark Dennis Bell</nameOfSigner>
                <signatureTitle>Managing Director of TDAM USA INC., Manager of the Issuer</signatureTitle>
                <signatureDate>2009-03-13</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----