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Exhibit 99a.4
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SSgA INTERNATIONAL LIQUIDITY FUND
AMENDMENT NO. 3 TO
THE MASTER TRUST AGREEMENT
AMENDMENT NO. 3 to the Master Trust Agreement of SSgA International
Liquidity Fund (the "Trust") dated August 13, 1996, as amended (the
"Agreement").
W I T N E S S E T H
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WHEREAS, Section 7.3 of the Master Trust Agreement dated as of August
13, 1996, as amended, of the Trust (the "Agreement") provides that the Agreement
may be amended at any time, so long as such amendment does not adversely affect
the rights of any shareholder, by an instrument in writing executed by an
officer of the Trust pursuant to the vote of a majority of the Trustees of the
Trust and setting forth such amendment, and shall be effective as of the time
set forth in the instrument;
WHEREAS, the amendment set forth below does not adversely affect the
rights of any shareholder of the Trust;
WHEREAS, a majority of the Trustees of the Trust at a meeting held on
August 20, 1998 approved the conversion of the "Deutschemark Fund" Sub-Trust of
the Trust to the "Euro Fund" Sub-Trust subject to the receipt of any necessary
regulatory relief from the Securities and Exchange Commission, such conversion
to take place in conjunction with the adoption of the Euro as the official
currency of the eleven European Union countries currently participating in such
adoption (the "Euro Adoption");
WHEREAS, by a letter dated December 2, 1998 the staff of the Securities
and Exchange Commission has granted the necessary regulatory relief.
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WHEREAS, the Euro Adoption became effective on January 1, 1999; NOW,
THEREFORE, the undersigned, being a duly elected and qualified officer
of the trust, certifies that, effective January 1, 1999, the Agreement
is amended to replace the portion of Section 4.2 immediately preceding
Section 4.2(a) with the following:
" Section 4.2 ESTABLISHMENT AND DESIGNATION OF SUB-TRUSTS AND CLASSES.
Without limiting the authority of the Trustees set forth in Section 4.1
to establish and designate any further Sub-Trusts, the Trustees hereby
establish and designate four Sub-Trusts: "U.S. Dollar Fund," "Pound
Sterling Fund," "Euro Fund" and "Canadian Dollar Fund". The Shares of
such Sub-Trusts and any Shares of any further Sub-Trust or class
thereof that may from time to time be established and designated by the
Trustees shall (unless the Trustees otherwise determine with respect to
some further Sub-Trust at the time of establishing and designating the
same) have the following relative rights and preferences:"
Dated: January 4, 1999
/s/ Xxxxxxxx X.X. Xxxxxx
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Xxxxxxxx X.X. Xxxxxx
Assistant Secretary
