AMENDMENT TO ADMINISTRATION AGREEMENT
Exhibit (h)(7)(i)
AMENDMENT TO ADMINISTRATION AGREEMENT
This Amendment to the Administration Agreement (the “Amendment”) is dated as of May 29, 2018 by and between Xxxxxxxx, Xxxx Van Otterloo & Co. LLC, a Massachusetts limited liability company (“GMO”), and State Street Bank and Trust Company, a Massachusetts trust company (“State Street”). Capitalized terms used herein without definition shall have the meanings ascribed thereto in the Agreement (as defined below).
WHEREAS, each of GMO Trust and GMO Series Trust, is a business trust established under the laws of The Commonwealth of Massachusetts (the “Trusts”), is registered as a management investment company under the Investment Company Act of 1940, as amended, consisting of certain of the separate portfolios as listed on Schedule A attached hereto (each a “Fund” and collectively, the “Funds”);
WHEREAS, GMO and Investors Bank & Trust Company (“IBT”) entered into an Administration Agreement dated as of June 30, 2003 and Conforming Administration Agreements dated as of August 23, 2011 (as amended, supplemented, restated or otherwise modified from time to time, the “Agreement”);
WHEREAS, IBT merged with and into State Street, effective July 2, 2007, with the result that State Street now serves as Administrator under the Agreement; and
WHEREAS, GMO and State Street desire to amend the Agreement as set forth
below.
NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:
| 1. | Schedule A to the Agreement is hereby deleted in its entirety and replaced with the revised Schedule A attached hereto. |
| 2. | Capitalized terms used herein without definition shall have the meanings ascribed to them in the Agreement. |
| 3. | Except as specifically amended hereby, all other terms and conditions of the Agreement shall remain in full force and effect. This Amendment may be executed in multiple counterparts, which together shall constitute one instrument. Counterparts may be executed in either original or electronically transmitted form (e.g., faxes or emailed portable document format (PDF) form), and the parties hereby adopt as original any signatures received via electronically transmitted form. |
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their officers designated below as of the date first written above.
| GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC | ||
| By: | /s/ Xxxxxxx X. Xxxxxx | |
| Name: | Xxxxxxx X. Xxxxxx | |
| Title: | General Counsel | |
| STATE STREET BANK AND TRUST COMPANY | ||
| By: | /s/ Xxxxxx Xxxxxxxx | |
| Name: | Xxxxxx Xxxxxxxx | |
| Title: | Executive Vice President | |
Information Classification: Limited Access
SCHEDULE A
Listing of Trusts and Funds (Updated as of May 29, 2018)
| GMO Trust |
| GMO Alpha Only Fund |
| GMO Asset Allocation Bond Fund |
| GMO Benchmark-Free Allocation Fund |
| GMO Benchmark-Free Fund |
| GMO Climate Change Fund |
| GMO Core Plus Bond Fund |
| GMO Emerging Country Debt Fund |
| GMO Emerging Domestic Opportunities Fund |
| GMO Emerging Markets Fund |
| GMO Foreign Small Companies Fund |
| GMO Global Asset Allocation Fund |
| GMO Global Developed Equity Allocation Fund |
| GMO Global Equity Allocation Fund |
| GMO High Yield Fund* |
| GMO Implementation Fund |
| GMO International Developed Equity Allocation Fund |
| GMO International Equity Allocation Fund |
| GMO International Equity Fund |
| GMO International Large/Mid Cap Equity Fund |
| GMO Opportunistic Income Fund |
| GMO Quality Fund |
| GMO Resources Fund |
| GMO Risk Premium Fund |
| GMO SGM Major Markets Fund |
| GMO Special Opportunities Fund |
Information Classification: Limited Access
| GMO Strategic Opportunities Allocation Fund |
| GMO Strategic Short-Term Fund* |
| GMO Tax-Managed International Equities Fund |
| GMO U. S. Equity Fund |
| GMO U.S. Treasury Fund |
| GMO Series Trust |
| GMO Benchmark-Free Allocation Series Fund |
| GMO Climate Change Series Fund* |
| GMO Core Plus Bond Series Fund* |
| GMO Emerging Markets Series Fund |
| GMO Emerging Country Debt Series Fund* |
| GMO Global Asset Allocation Series Fund |
| GMO Global Equity Allocation Series Fund |
| GMO International Equity Allocation Series Fund |
| GMO International Developed Equity Allocation Series Fund |
| GMO Quality Series Fund |
| GMO Resources Series Fund |
| GMO SGM Major Markets Series Fund* |
| GMO U.S. Equity Series Fund* |
*GMO will provide State Street with at least (5) business days’ prior notice to the commencement of operations.
Information Classification: Limited Access
