Form Of AMENDMENT NO. 7 TO INVESTMENT ADVISORY AGREEMENT BETWEEN SSGA FUNDS MANAGEMENT, INC. AND STATE STREET NAVIGATOR SECURITIES LENDING TRUSTInvestment Advisory Agreement • October 12th, 2016 • State Street Navigator Securities Lending Trust
This Amendment No. 7 to the Investment Advisory Agreement is dated as of October 12, 2016, 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”) (the “Amendment”).
RE: State Street Navigator Securities Lending Trust - Fee Waiver and Expense Reimbursement AgreementsState Street Navigator Securities Lending Trust • October 12th, 2016
Effective July 26, 2016, SSGA Funds Management, Inc. (“SSGA FM”), as the investment adviser to the State Street Navigator Securities Lending Government Money Market Portfolio series (formerly known as, State Street Navigator Securities Lending Prime Portfolio) (the “Government Portfolio”) of the State Street Navigator Securities Lending Trust (the “Trust”), agrees until July 26, 2017 (the “Expiration Date”) to: (i) waive up to the full amount of the advisory fee payable by the Government Portfolio, and/or (ii) to reimburse the Government Portfolio for expenses to the extent that the total annual portfolio operating expenses (exclusive of non-recurring account fees and/or extraordinary expenses, as measured on an annualized basis) do not exceed 0.034% of the Government Portfolio’s average daily net assets on an annual basis.
