Assignment of Agreements. (a) Effective as of the Closing Date, GE Asset Management Incorporated hereby irrevocably assigns all of its right, title, interest, responsibilities and duties, in and under the Agreement to SSGA Funds Management, Inc., with respect to the Funds, and to State Street Global Advisors, with respect to the Accounts. (b) Effective as of the Closing Date, each of SSGA Funds Management, Inc. and State Street Global Advisors hereby accepts GE Asset Management Incorporated’s assignment of all of its right, title, interest, responsibilities and duties, in and under the Agreement as set forth in paragraph (1) (a) above. (c) State Street Bank and Trust Company accepts and consents to GE Asset Management Incorporated’s assignment to SSGA Funds Management, Inc. and State Street Global Advisors of all of GE Asset Management Incorporated’s right, title, interest, responsibilities and duties, in and under the Agreement as set forth in paragraph (1) (a) above. (d) The parties agree that GE Asset Management Incorporated will be relieved from all obligations under the Agreement in respect of any period following the Closing Date, and SSGA Funds Management, Inc., with respect to the Funds, and State Street Global Advisors, with respect to the Accounts, shall have no liability for any obligations or actions of GE Asset Management Incorporated under the Agreement in respect of any period before the Closing Date.
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Samples: Master Sub Administration Services Agreement, Master Sub Administration Services Agreement (State Street Variable Insurance Series Funds Inc), Master Sub Administration Services Agreement (Elfun International Equity Fund)
