9(b)(xv)
LETTER AGREEMENT
SSgA LARGE CAP VALUE FUND
SSgA LARGE CAP GROWTH OPPORTUNITIES FUND
August 28, 2003
Xxxxx Xxxxxxx Investment Management Company
000 X Xxxxxx
Xxxxxx, XX 00000
Ladies and Gentlemen:
Pursuant to Paragraph 1 of the Administration Agreement between the SSgA Funds
and Xxxxx Xxxxxxx Investment Management Company, dated April 12, 1988, as
amended, the SSgA Funds advise you that it is creating two new series to be
named SSgA Large Cap Value Fund and SSgA Large Cap Growth Opportunities Fund
(the "Funds"), and that the SSgA Funds desire Xxxxx Xxxxxxx Investment
Management Company to serve as Administrator with respect to each Fund pursuant
to the terms and conditions of the Administration Agreement. The Administrator
to the Funds will charge a fee for its services to the Funds as determined by
the currently effective Administration Agreement.
Notwithstanding anything to the contrary in Paragraph 11(b), the initial term of
the Administration Agreement with respect to the Fund shall be until April 12,
2004.
Please acknowledge your acceptance of acting as Administrator to the Funds by
executing this letter agreement in the space provided below and then returning
it to the undersigned.
Sincerely,
SSgA FUNDS
By:
-----------------------------
Xxxx X. Xxxxxxxx
President
ACKNOWLEDGED AND ACCEPTED
Xxxxx Xxxxxxx Investment Management Company
By:
-----------------------------
X. Xxxxx Xxxxxxxx
Associate General Counsel
and Assistant Secretary
