Exhibit 9(b)(x)
LETTER AGREEMENT
SSgA Special Small Cap Fund
SSgA International Growth Opportunities Fund
SSgA High Yield Bond Fund
Administration Agreement
April 28, 1998
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 three new series to be
named SSgA Special Small Cap Fund, SSgA International Growth Opportunities Fund,
and SSgA High Yield Bond Fund (collectively, the "Funds"), and that the SSgA
Funds desire Xxxxx Xxxxxxx Investment Management Company to serve as
Administrator with respect to the Funds 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 Funds shall be until April 12,
1998.
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: /s/ Xxxx X. Xxxxxxxx
--------------------
Xxxx X. Xxxxxxxx
President
ACKNOWLEDGED AND ACCEPTED
-------------------------
Xxxxx Xxxxxxx Investment Management Company
By: /s/ X. Xxxxx Xxxxxxxx
---------------------
X. Xxxxx Xxxxxxxx
Associate General Counsel
and Assistant Secretary
