Exhibit 9(b)(xi)
LETTER AGREEMENT
SSgA Aggressive Equity Fund
Administration Agreement
September 1, 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 a new series to be named
SSgA Aggressive Equity Fund (the "Fund"), and that the SSgA Funds desire Xxxxx
Xxxxxxx Investment Management Company to serve as Administrator with respect to
the Fund pursuant to the terms and conditions of the Administration Agreement.
The Administrator to the Fund 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 Fund shall be until April 12,
1999.
Please acknowledge your acceptance of acting as Administrator to the Fund 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