FORM OF
|
SSgA Funds Management, Inc. State Street Financial Center Xxx Xxxxxxx Xxxxxx Xxxxxx, XX 00000-0000 |
FORM OF
July [ ], 2014
Xx. Xxxxx X. Dell
Treasurer and Principal Financial Officer
State Street Institutional Investment Trust
c/o State Street Corporation
0 Xxxxxx, 0xx Xxxxx
Xxxxxx, Xxxxxxxxxxxxx 00000
RE: State Street Institutional Investment Trust Waiver and Reimbursement Agreement
Dear Xxxxx:
SSgA Funds Management, Inc. (“SSgA FM”), as advisor to the State Street Institutional Investment Trust (the “Funds”), agrees until April 30, 2016 to (i) waive up to the full amount of the advisory fee payable by a Fund, and (ii) to reimburse a Fund (exclusive of non-recurring account fees, extraordinary expenses, acquired fund fees and Distribution, Shareholder Servicing and Sub-Transfer Agency Fees, as measured on an annualized basis) to the level of the expense limitation for each Fund stated below:
| Fund Name |
Expense Limitation | Expiration Date | ||||||
| State Street Strategic Real Return Fund |
0.30 | % | 4/30/16 | |||||
| State Street Target Retirement Fund |
0.17 | % | 4/30/16 | |||||
| State Street Target Retirement 2015 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxx Xxxxxxxxxx 0000 Fund |
0.17 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Global Managed Volatility Fund |
0.80 | % | 4/30/16 | |||||
| State Street Small Cap Emerging Markets Equity Fund |
1.30 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Xxxxxxxxxxxxx Xxxxxxxx Markets Fund |
1.05 | % | 4/30/16 | |||||
| State Street Strategic Real Return Portfolio |
0.08 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Equity 500 Index II Portfolio |
0.03 | % | 4/30/16 | |||||
| State Street Aggregate Bond Index Portfolio |
0.04 | % | 0/00/00 | |||||
| Xxxxx Xxxxxx Global Equity Ex-U.S. Index Portfolio |
0.08 | % | 4/30/16 | |||||
Prior to April 30, 2016, as specified above, this agreement may not be terminated with respect to a Fund without the approval of the Board of Trustees. This agreement supersedes any prior voluntary waiver or reimbursement arrangements for the Funds specifically named above and may, at SSgA FM’s option, continue after the dates designated above.
|
SSgA Funds Management, Inc. State Street Financial Center Xxx Xxxxxxx Xxxxxx Xxxxxx, XX 00000-0000 |
If this arrangement is acceptable to you, please sign below to indicate your acceptance and agreement and return a copy of this letter to me.
Sincerely,
| SSgA FUNDS MANAGEMENT, INC. |
| By: |
| Xxxxx X. Xxxxxxx, Senior Managing Director and President |
| Accepted and Agreed: |
| State Street Institutional Investment Trust, on behalf of the Funds named above |
| By: |
| Xxxxx X. Dell |
| Treasurer and Principal Financial Officer |
