THIRD AMENDMENT TO SECURITIES LENDING AUTHORIZATION AGREEMENT BETWEEN NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II, and HANSBERGER INTERNATIONAL SERIES, each on behalf of its...
Exhibit (h)(3)(iv)
THIRD AMENDMENT TO
SECURITIES LENDING AUTHORIZATION AGREEMENT
BETWEEN NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II,
NATIXIS FUNDS TRUST IV, XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II,
and XXXXXXXXXX INTERNATIONAL SERIES,
each on behalf of its respective series listed on Schedule B, severally and not jointly
AND STATE STREET BANK AND TRUST COMPANY
This Third Amendment (this “Amendment”) dated as of January 1, 2011 is between NATIXIS FUNDS TRUST I (f/k/a IXIS Advisor Funds Trust I), NATIXIS FUNDS TRUST II (f/k/a IXIS Advisor Funds Trust II), NATIXIS FUNDS TRUST IV (f/k/a IXIS Advisor Funds Trust IV), XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II, and XXXXXXXXXX INTERNATIONAL SERIES, each on behalf of its respective series listed on Schedule B, severally and not jointly, each a registered management investment company organized and existing under the laws of Massachusetts (collectively, the “Trusts,” and each a “Trust”), and STATE STREET BANK AND TRUST COMPANY, its affiliates or subsidiaries (“State Street”).
Reference is made to a Securities Lending Authorization Agreement dated the 1st day of September, 2005 between the Trusts, other than Xxxxxxxxxx International Series, and State Street, as amended and as in effect on the date hereof prior to giving effect to this Amendment (the “Agreement”).
For value received, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties mutually agree to amend the Agreement as set forth below.
1. Definitions. All capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Agreement.
2. Agreement to Delete Trusts. Each party hereto hereby agrees to the deletion of Natixis Funds Trust III and Natixis Cash Management Trust, each on behalf of its series listed on Schedule B prior to the effective date of this Amendment, as a Trust and as one of the Trusts under the Agreement.
| 3. | Amendments. |
(i) Each of Natixis Funds Trust III and Natixis Cash Management Trust, each on behalf of its series listed on Schedule B prior to the effective date of this Amendment, are hereby deleted as a Trust and as one of the Trusts under the Agreement.
(ii) Schedule A, Schedule A-1, Schedule B and Schedule B-1 to the Agreement are hereby deleted in their entirety and the amended Schedule A, Schedule A-1, Schedule B and Schedule B-1 attached to this Amendment are substituted in their place.
4. Representations and Warranties. Each party hereto represents and warrants that (a) it has the power to execute and deliver this Amendment, to enter into the transactions contemplated hereby, and to perform its obligations hereunder; (b) it has taken all necessary action to authorize such execution, delivery, and performance; (c) this Amendment constitutes a legal, valid and binding obligation enforceable against it; and (d) the execution, delivery, and performance by it of this Amendment will at all times comply with all applicable laws and regulations.
5. Miscellaneous. Except to the extent specifically amended by this Amendment, the provisions of the Agreement shall remain unmodified.
6. Effective Date. The effective date for this Amendment is January 1, 2011.
IN WITNESS WHEREOF, the parties hereto execute this Amendment as an instrument under seal by their duly authorized officers by affixing their signatures below.
| NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, |
| NATIXIS FUNDS TRUST IV, XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II, XXXXXXXXXX INTERNATIONAL SERIES, each on behalf of its respective series listed on Schedule B, severally and not jointly |
| By: /s/ Xxxxxxx Xxxxxx |
| Name: Xxxxxxx Xxxxxx |
| Title: Treasurer |
| STATE STREET BANK AND TRUST COMPANY |
| By: /s/ Xxxx X. Xxxxxxxx |
| Name: Xxxx X. Xxxxxxxx |
| Title: Managing Director |
Schedule A
This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II, and XXXXXXXXXX INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.
Schedule of Fees
1. Subject to Paragraph 2 below, all proceeds collected by State Street on investment of cash Collateral or any fee income shall be allocated, with respect to each Fund, as follows:
| • | Seventy-five percent (75%) payable to each Fund, and |
| • | Twenty-five percent (25%) payable to State Street. |
2. All payments to be allocated under Paragraph 1 above shall be made after deduction of such other amounts payable to State Street or to the Borrower under the terms of this Securities Lending Authorization Agreement.
3. Each Fund instructs State Street to invest cash Collateral in the State Street Navigator Securities Lending Prime Portfolio (the “Prime Portfolio”). The management fees for investing in the Prime Portfolio are as follows:
On an annualized basis, the management/trustee/custody/fund administration/transfer agent fee for investing cash Collateral in the Prime Portfolio is not more than 5.00 basis points netted out of yield. The trustee may pay out of the assets of the Prime Portfolio all reasonable expenses and fees of the Prime Portfolio, including professional fees or disbursements incurred in connection with the operation of the Prime Portfolio.
Schedule A-1
This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II, and XXXXXXXXXX INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.
| FUNDS |
SECURITIES LOAN LIMITATION | |||
| NATIXIS Funds Trust I |
||||
| CGM Advisor Targeted Equity Fund |
33 1/3% | |||
| Xxxxxxxxxx International Fund |
33 1/3% | |||
| Natixis Income Diversified Portfolio |
33 1/3% | |||
| Natixis U.S. Diversified Portfolio |
33 1/3% | |||
| Xxxxxx Xxxxxx Core Plus Bond Fund |
33 1/3% | |||
| Xxxxxxx Xxxxxx Small Cap Value Fund |
33 1/3% | |||
| Absolute Asia Dynamic Equity Fund |
33 1/3% | |||
| Natixis Oakmark Global Fund |
33 1/3% | |||
| Natixis Oakmark International Fund |
33 1/3% | |||
| Xxxxxx Associates Large Cap Value Fund |
33 1/3% | |||
| Xxxxxx Xxxxxx Multi-Asset Real Return Fund |
33 1/3% | |||
| Xxxxxxx Xxxxxx Value Opportunity Fund |
33 1/3% | |||
| Westpeak ActiveBeta Equity Fund |
33 1/3% | |||
| Xxxxxx Xxxxxx Absolute Strategies Fund |
33 1/3% | |||
| NATIXIS Funds Trust IV |
||||
| AEW Real Estate Fund |
33 1/3% | |||
1 of 2
Exhibit (h)(3)(iv)
| Xxxxxx Xxxxxx Funds I |
||||
| Xxxxxx Xxxxxx Bond Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Fixed Income Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Global Bond Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx High Income Opportunities Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Institutional High Income Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Intermediate Duration Bond Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Investment Grade Fixed Income Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Inflation Protected Securities Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Securitized Asset Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Small Cap Value Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Funds II |
||||
| Xxxxxx Xxxxxx High Income Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Limited Term Government and Agency Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Disciplined Equity Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Strategic Income Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Investment Grade Bond Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Growth Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Mid Cap Growth Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Small Cap Growth Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Value Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx Global Markets Fund |
33 1/3 | % | ||
| Xxxxxx Xxxxxx International Bond Fund |
33 1/3 | % | ||
| Xxxxxxxxxx International Series |
||||
| International Growth Fund |
33 1/3 | % | ||
| International Value Fund |
33 1/3 | % | ||
| Emerging Markets Fund |
33 1/3 | % | ||
Amended January 2008 2 of 2
Schedule B
This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II and XXXXXXXXXX INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.
| Fund Name |
Taxpayer ID Number | Tax Year-End | ||
| Natixis Funds Trust I | ||||
| CGM Advisor Targeted Equity Fund |
00-0000000 | December 31st | ||
| Xxxxxxxxxx International Fund |
00-0000000 | December 31st | ||
| Natixis Income Diversified Portfolio |
00-0000000 | December 31st | ||
| Natixis U.S. Diversified Portfolio |
00-0000000 | December 31st | ||
| Xxxxxx Xxxxxx Core Plus Bond Fund |
00-0000000 | September 30th | ||
| Xxxxxxx Xxxxxx Small Cap Value Fund |
00-0000000 | December 31st | ||
| Absolute Asia Dynamic Equity Fund |
00-0000000 | December 31st | ||
| Natixis Oakmark Global Fund |
00-0000000 | December 31st | ||
| Natixis Oakmark International Fund |
00-0000000 | December 31st | ||
| Natixis Funds Trust II | ||||
| Xxxxxx Associates Large Cap Value Fund |
00-0000000 | December 31st | ||
| Xxxxxx Xxxxxx Multi-Asset Real Return Fund |
00-0000000 | December 31st | ||
| Xxxxxxx Xxxxxx Value Opportunity Fund |
00-0000000 | December 31st | ||
| Westpeak ActiveBeta Equity Fund |
00-0000000 | December 31st | ||
| Xxxxxx Xxxxxx Absolute Strategies Fund |
00-0000000 | December 31st | ||
| Natixis Funds Trust IV | ||||
| AEW Real Estate Fund |
00-0000000 | January 31st | ||
1 of 2
| Xxxxxx Xxxxxx Funds I | ||||
| Xxxxxx Xxxxxx Bond Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Fixed Income Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Global Bond Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx High Income Opportunities Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Institutional High Income Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Intermediate Duration Bond Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Investment Grade Fixed Income Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Inflation Protected Securities Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Securitized Asset Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Small Cap Value Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Funds II | ||||
| Xxxxxx Xxxxxx Disciplined Equity Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx High Income Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Limited Term Government and Agency Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Strategic Income Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Investment Grade Bond Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Growth Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Mid Cap Growth Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Small Cap Growth Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Value Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx Global Markets Fund |
00-0000000 | September 30th | ||
| Xxxxxx Xxxxxx International Bond Fund |
00-0000000 | September 30th | ||
| Xxxxxxxxxx International Series | ||||
| International Growth Fund |
00-0000000 | December 31st | ||
| International Value Fund |
00-0000000 | December 31st | ||
| Emerging Markets Fund |
00-0000000 | December 31st | ||
2 of 2
Schedule B-1
This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, XXXXXX XXXXXX FUNDS I, XXXXXX XXXXXX FUNDS II and XXXXXXXXXX INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.
| FUNDS |
EFFECTIVE DATE OF AGREEMENT | |||
| Natixis Funds Trust I |
||||
| CGM Advisor Targeted Equity Fund |
September 1, 2005 | |||
| Xxxxxxxxxx International Fund |
September 1, 2005 | |||
| Natixis Income Diversified Portfolio |
December 20, 2005 | |||
| Natixis U.S. Diversified Portfolio |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Core Plus Bond Fund |
October 1, 2005 | |||
| Xxxxxxx Xxxxxx Small Cap Value Fund |
September 1, 2005 | |||
| Absolute Asia Dynamic Equity Fund |
January 1, 2011 | |||
| Natixis Oakmark Global Fund |
January 1, 2011 | |||
| Natixis Oakmark International Fund |
January 1, 2011 | |||
| Natixis Funds Trust II |
||||
| Xxxxxx Associates Large Cap Value Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Multi-Asset Real Return Fund |
January 1, 2011 | |||
| Xxxxxxx Xxxxxx Value Opportunity Fund |
January 1, 2011 | |||
| Westpeak ActiveBeta Equity Fund |
January 1, 2011 | |||
| Xxxxxx Xxxxxx Absolute Strategies Fund |
January 1, 2011 | |||
| Natixis Funds Trust IV |
||||
| AEW Real Estate Fund |
September 1, 2005 | |||
1 of 2
| Xxxxxx Xxxxxx Funds I |
||||
| Xxxxxx Xxxxxx Bond Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Fixed Income Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Global Bond Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx High Income Opportunities Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Institutional High Income Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Intermediate Duration Bond Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Investment Grade Fixed Income Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Inflation Protected Securities Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Securitized Asset Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Small Cap Value Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Funds II |
||||
| Xxxxxx Xxxxxx High Income Fund |
October 1, 2005 | |||
| Xxxxxx Xxxxxx Disciplined Equity Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Limited Term Government and Agency Fund |
October 1, 2005 | |||
| Xxxxxx Xxxxxx Strategic Income Fund |
October 1, 2005 | |||
| Xxxxxx Xxxxxx Investment Grade Bond Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Growth Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Mid Cap Growth Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Small Cap Growth Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Value Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx Global Markets Fund |
September 1, 2005 | |||
| Xxxxxx Xxxxxx International Bond Fund |
February 1, 2008 | |||
| Xxxxxxxxxx International Series |
||||
| International Growth Fund |
January 1, 2008 | |||
| International Value Fund |
January 1, 2008 | |||
| Emerging Markets Fund |
January 1, 2008 | |||
|
Amended January 1, 2011 2 of 2 | ||
