AMENDMENT NO. 5 TO INVESTMENT ADVISORY AGREEMENT BETWEEN SSGA FUNDS MANAGEMENT, INC. AND STATE STREET NAVIGATOR SECURITIES LENDING TRUST
AMENDMENT NO. 5
TO
BETWEEN
SSGA FUNDS MANAGEMENT, INC.
AND
This Amendment No. 5 to the Investment Advisory Agreement is dated as of September 5, 2012, by and between State Street Navigator Securities Lending Trust, a Massachusetts business trust (the “Investment Company”), and SSgA Funds Management, Inc., a Massachusetts corporation (the “Adviser”).
WHEREAS, the Investment Company and the Adviser have entered into an Investment Advisory Agreement dated as of May 1, 2001, as amended (the “Agreement”); and
WHEREAS, the Investment Company and the Adviser now desire to amend the Agreement as provided herein.
NOW, THEREFORE, in consideration of the premises and the mutual agreements contained in the Agreement and other consideration, the receipt and sufficiency of which is hereby acknowledged, the Investment Company and the Adviser hereby agree to amend the Agreement as follows:
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1.
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Exhibit A of the Agreement is hereby deleted in its entirety and replaced with the Exhibit A attached hereto.
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2.
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All other terms and conditions of the Agreement remain in full force and effect except as they may be modified hereby.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the date first above written.
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By: /s/ H. Xxxx Xxxxxxx
Name: H. Xxxx Xxxxxxx
Title: Vice President
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SSGA FUNDS MANAGEMENT, INC.
By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Title: President
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EXHIBIT “A”
As consideration for the Adviser's services to the following Fund(s), the Adviser shall receive from the Fund(s) an annual advisory fee, accrued daily at the rate of 1/365th of the applicable advisory fee rate and payable monthly on the first business day of each month, of the following annual percentages of the Fund's average daily net assets during the month:
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Fund
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Rate
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State Street Navigator Securities Lending Government Portfolio
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0.0175%
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State Street Navigator Securities Lending Prime Portfolio
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0.0175%
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State Street Navigator Securities Lending Short-Term Bond Portfolio
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0.05%
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State Street Navigator Securities Lending TIAA-CREF Short Term Lending Portfolio
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0.0175%
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State Street Navigator Securities Lending MET Portfolio
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0.0175%
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