EXHIBIT D8 August 6, 2007 Mr. Mark Swanson Treasurer and Principal Financial Officer SSgA Funds
Exhibit 99.B(d)(8)
EXHIBIT D8
August 6, 2007
Mr. Xxxx Xxxxxxx
Treasurer and Principal Financial Officer
000 X Xxxxxx
Tacoma, WA 98402
RE: Core Edge Equity Fund Waiver and Reimbursement Agreement
Dear Xxxx:
SSgA Funds Management, Inc. (“SFM”), as advisor to the SSgA Funds (the “Funds”), agrees to waive up to the full amount of the Advisory Fee and reimburse the Directional Core Equity Fund for all expenses on an annual basis (exclusive of non-recurring account fees, extraordinary expenses and interest on securities sold short) to the extent that total expenses exceed the cap stated below, until December 31, 2008.
SSgA Fund Name |
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Cap on Total Expenses |
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Expiration Date |
SSgA Core Edge Equity Fund |
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All expenses in excess of 1.60% |
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December 31, 2008 |
This agreement, which supersedes any prior voluntary waiver or reimbursement arrangement for the Fund named above may, at SFM’s option, continue after the date designated above, but may be revised or eliminated at any time thereafter without notice.
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, |
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SSgA FUNDS MANAGEMENT, INC. |
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By: |
/s/ Xxxxx Xxxx |
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Xxxxx Xxxx |
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Its: PRESIDENT |
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Accepted and Agreed: |
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SSgA Funds, on behalf of the portfolio named above |
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By: |
/s/ Xxxx Xxxxxxx |
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Its: Treasurer and Principal Financial Officer |
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