AMENDMENT NO. 2 TO AMENDED AND RESTATED STANDARD TERMS AND CONDITIONS OF TRUST DATED AS OF JANUARY 1, 2004 AND EFFECTIVE JANUARY 27, 2004, As Amended FOR STANDARD & POOR’S DEPOSITARY RECEIPTS (“SPDR”) TRUST SERIES 1 AND ANY SUBSEQUENT AND SIMILAR...
Ex 99.A1
AMENDMENT NO. 2
TO AMENDED AND RESTATED
STANDARD TERMS AND CONDITIONS OF TRUST
DATED AS OF JANUARY 1, 2004
AND
EFFECTIVE JANUARY 27, 2004,
As Amended
TO AMENDED AND RESTATED
STANDARD TERMS AND CONDITIONS OF TRUST
DATED AS OF JANUARY 1, 2004
AND
EFFECTIVE JANUARY 27, 2004,
As Amended
FOR
STANDARD & POOR’S
DEPOSITARY RECEIPTS (“SPDR”) TRUST
SERIES 1
AND
ANY SUBSEQUENT AND SIMILAR
SERIES OF THE
SPDR TRUST
STANDARD & POOR’S
DEPOSITARY RECEIPTS (“SPDR”) TRUST
SERIES 1
AND
ANY SUBSEQUENT AND SIMILAR
SERIES OF THE
SPDR TRUST
BETWEEN
PDR SERVICES LLC,
AS SPONSOR
AS SPONSOR
AND
STATE STREET BANK AND TRUST COMPANY
AS TRUSTEE
AS TRUSTEE
DATED AS OF FEBRUARY 1, 2009
AND
EFFECTIVE FEBRUARY 13, 2009
AND
EFFECTIVE FEBRUARY 13, 2009
This Amendment No. 2 (‘‘Amendment Agreement’’) dated as of February 1, 2009 and effective February
13, 2009 between PDR Services LLC, as Sponsor (‘‘Sponsor’’), and State Street Bank and Trust
Company, as Trustee (‘‘Trustee’’), amends the document entitled ‘‘AMENDED AND RESTATED STANDARD
TERMS AND CONDITIONS OF TRUST DATED AS OF JANUARY 1, 2004 AND EFFECTIVE JANUARY 27, 2004 FOR
STANDARD & POOR’S DEPOSITARY RECEIPTS (“SPDR”) TRUST SERIES 1 AND SUBSEQUENT AND SIMILAR SERIES OF
THE SPDR TRUST BETWEEN PDR SERVICES LLC, AS SPONSOR AND STATE STREET BANK AND TRUST COMPANY AS
TRUSTEE’’, as amended (hereinafter referred to as ‘‘Standard Terms’’).
WITNESSETH THAT:
WHEREAS, the parties hereto have entered into the Standard Terms to facilitate
the creation of the SPDR TRUST, Series 1 (‘‘Trust’’); and
WHEREAS, since its inception, the Trust has been listed, and its units have been
traded, on the American Stock Exchange, LLC (“AMEX”), and;
WHEREAS, on October 1, 2008, NYSE Euronext (“NYSE”)
completed its acquisition of AMEX and all of its subsidiaries, including the Sponsor, and;
WHEREAS, AMEX has been renamed “NYSE Alternext US LLC (“NYSE
Alternext US”); and
WHEREAS, NYSE has decided to consolidate the listing and trading of exchange-traded funds and
structured products now listed on NYSE Alternext US and NYSE Arca, Inc. (“NYSE Arca”) on NYSE Arca,
and;
WHEREAS, the Sponsor and the Trustee have determined that it will be in the best interests of
the Trust and its shareholders to move the listing of the units of the Trust from NYSE Alternext US
to NYSE Arca on or before April 1, 2009 and make all changes and amendments to the Standard Terms
to accomplish such purpose as more fully set forth below; and
WHEREAS, the License Agreement reflects the change of the primary listing of the units of the
Trust from NYSE Alternext US to NYSE Arca; and
WHEREAS, the parties hereto desire make certain other changes to the Standard Terms as more
fully set forth below;
NOW THEREFORE, in consideration of the premises and of the mutual agreements contained herein,
the Sponsor and the Trustee agree as follows:
1. The definition of the word “Exchange” in Section 1 of the Standard Terms shall be changed
from the “American Stock Exchange LLC” to now read “ NYSE Arca and any successor corporation
thereto.”
2. The definitions of the terms “Depository” and “NSCC” in Section 1 of the Standard Terms
shall be amended to include the phrase: “and any successor corporation thereto.”
3. Any reference in the Standard Terms to an entity, whether by specific name or by duties and
responsibilities, shall be deemed to include any successor corporation thereto.
4. Section 10.06 of the Standard Terms shall be amended to include the new address and contact
information of the Sponsor and Trustee.
5. Pursuant to Section 10.01 of the Standard Terms, both parties to this Amendment Agreement
hereby agree that paragraphs (1)-(4) of this Amendment Agreement are made in regard to matters as
will not adversely affect the interests of Beneficial Owners in compliance with the provisions of
Section 10.01(a) thereof.
6. Pursuant to Section 10.01, the Trustee agrees that it shall promptly furnish each DTC
Participant with sufficient copies of a written notice of the substance of the terms of this
Amendment Agreement for transmittal by each such DTC Participant to the Beneficial Owners of the
Trust.
7. Except as amended hereby, the Standard Terms and any and all amendments thereto, including
the document entitled “Amendment No. 1 To Amended And Restated Standard Terms And Conditions Of
Trust Dated As Of January 1, 2004 And Effective January 27, 2004” between the Sponsor and the
Trustee, now in effect are in all respects ratified and confirmed hereby and this Amendment
Agreement and all of its provisions shall be deemed to be a part of the Standard Terms.
8. This Amendment Agreement may be simultaneously executed in several counterparts, each of
which shall be an original and all of which shall constitute but one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment Agreement to be duly executed as
of the date hereof.
PDR SERVICES LLC, as Sponsor | ||||
By: |
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Name: Xxxx Xxxxxxx | ||||
Title: President | ||||
ATTEST: |
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TITLE: |
||||
STATE STREET BANK AND TRUST COMPANY, | ||||
as Trustee | ||||
By: |
||||
Name: | ||||
Title: | ||||
ATTEST: |
||||
TITLE: |
STATE OF NEW YORK )
: ss.:
COUNTY OF NEW YORK )
: ss.:
COUNTY OF NEW YORK )
On the day of February in the year 2009 before me personally came Xxxx Xxxxxxx to me
known, who, being by me duly sworn, did depose and say that she is the President of PDR Services
LLC, the limited liability company described in and which executed the above instrument; and that
she signed her name thereto by like authority.
COMMONWEALTH OF MASSACHUSETTS )
: ss.:
COUNTY OF NORFOLK )
: ss.:
COUNTY OF NORFOLK )
On this day of February in the year 2009, before me personally appeared
to me known, who, being by me duly sworn, did depose and say that he is
of State Street Bank and Trust Company, the bank and trust company described in
and which executed the above instrument; and that he signed his name thereto by authority of the
board of directors of said bank and trust company.