FIFTH AMENDMENT TO THE SECURITIES LENDING AUTHORIZATION AGREEMENT BETWEEN THE GLENMEDE FUND, INC., ON BEHALF OF ITS SERIES AS LISTED ON SCHEDULE B, AND STATE STREET BANK AND TRUST COMPANY
Exhibit (h)(24)
FIFTH AMENDMENT
TO THE SECURITIES LENDING AUTHORIZATION AGREEMENT BETWEEN THE
GLENMEDE FUND, INC., ON BEHALF OF ITS SERIES AS LISTED ON SCHEDULE B,
AND
STATE STREET BANK AND TRUST COMPANY
This Fifth Amendment (this “Amendment”) dated September 30, 2014 is between THE GLENMEDE FUND, INC., a registered management investment company organized and existing under the laws of Maryland (the “Company”), on behalf of its series listed on Schedule B, severally and not jointly (the Company acting on behalf of each such series, a “Fund’ and collectively, the “Funds”), and STATE STREET BANK AND TRUST COMPANY (“State Street”), acting either directly or through its subsidiaries or affiliates.
Reference is made to a Securities Lending Authorization Agreement dated September 1, 2007, between the Company on behalf of the Funds (hereinafter defined) and State Street, as amended by a First Amendment dated as of October 15, 2009, a Second Amendment dated as of June 30, 2010, a Third Amendment dated as of December 30, 2010, and a Fourth Amendment dated September 28, 2012, as in effect on the date hereof prior to giving effect to this Amendment (the “Agreement”).
The Agreement shall be deemed for all purposes to constitute a separate and discrete agreement between State Street and each of the series of shares of the Company as listed on Schedule B to the Agreement as it may be amended by the parties, and no series of shares of the Company shall be responsible or liable for any of the obligations of any other series of the Company under the Agreement or otherwise, notwithstanding anything to the contrary contained in the Agreement.
WHEREAS, the Funds and State Street desire to amend the Agreement as set forth below.
NOW THEREFORE, 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 in the following respect:
1. Definitions. All terms used herein and not otherwise defined shall have the meanings set forth in the Agreement.
2. Amendment. Schedule B to the Agreement is hereby deleted in its entirety and replaced by the revised Schedule B attached to this Amendment.
3. Representations and Warranties. Each party hereto represents and warrants that (a) it has the legal right, power and authority 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; and (c) this Amendment constitutes a legal, valid, and binding obligation enforceable against it.
4. Miscellaneous. Except to the extent specifically amended by this Amendment, the provisions of the Agreement shall remain unmodified and in full force and effect. This Amendment shall be construed in accordance with the laws of the Commonwealth of Massachusetts.
5. Effective Date. This Fifth Amendment is effective as of the date first written above.
IN WITNESS WHEREOF, the parties hereto execute the above Amendment by affixing their signatures below.
THE GLENMEDE FUND, INC., on behalf of its respective series as listed on Schedule B, severally and not jointly | STATE STREET BANK AND TRUST COMPANY | |||||||
By: | /s/ Xxxx Xxx X. Xxxxx |
By: | /s/ Xxxx X. Xxxxxxxx |
Schedule B
This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September, 2007 between THE GLENMEDE FUND, INC., 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 Identification Number |
Tax Year-End | ||||||
Long/Short Portfolio |
00-0000000 | 10/31 | ||||||
Core Fixed Income Portfolio |
00-0000000 | 10/31 | ||||||
Government Cash Portfolio |
00-0000000 | 10/31 | ||||||
International Portfolio |
00-0000000 | 10/31 | ||||||
Large Cap Core Portfolio |
00-0000000 | 10/31 | ||||||
Large Cap Growth |
00-0000000 | 10/31 | ||||||
Large Cap Value Portfolio |
00-0000000 | 10/31 | ||||||
Mid Cap Equity Portfolio |
00-0000000 | 10/31 | ||||||
Philadelphia International Fund |
00-0000000 | 10/31 | ||||||
Small Cap Equity Portfolio |
00-0000000 | 10/31 | ||||||
Strategic Equity Portfolio |
00-0000000 | 10/31 | ||||||
Tax-Exempt Cash Portfolio |
00-0000000 | 10/31 | ||||||
Total Market Portfolio |
00-0000000 | 10/31 | ||||||
U.S. Emerging Growth Portfolio |
00-0000000 | 10/31 | ||||||
Secured Options Portfolio |
00-0000000 | 10/31 | ||||||
Philadelphia International Emerging Markets Fund |
00-0000000 | 10/31 | ||||||
Philadelphia International Small Cap Fund |
00-0000000 | 10/31 | ||||||
International Secured Options Portfolio |
00-0000000 | 10/31 |
September 2014