Exhibit 5(a)(x)
LETTER AGREEMENT
SSgA IAM SHARES Fund
Distribution Agreement
May 28, 1999
Xxxxxxx Fund Distributors, Inc.
000 X Xxxxxx
Xxxxxx, XX 00000
Ladies and Gentlemen:
Pursuant to Paragraph 1 of the Distribution Agreement between the SSgA Funds and
Xxxxxxx Fund Distributors, Inc., dated April 12, 1988, as amended, the SSgA
Funds advise you that it is creating a new series to be named SSgA IAM SHARES
Fund (the "Fund"), and that the SSgA Funds desire Xxxxxxx Fund Distributors,
Inc. to serve as Distributor with respect to the Fund pursuant to the terms and
conditions of the Distribution Agreement. The fee to be charged by Distributor
to the Fund in return for its services will be as set forth in the Distribution
Agreement.
Notwithstanding anything to the contrary in Paragraph 14, the initial term of
the Distribution Agreement with respect to the Fund shall be until April 12,
1999.
Please acknowledge your acceptance of acting as Distributor 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
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Xxxxxxx Fund Distributors, Inc.
By: /s/ J. Xxxxx Xxxxxxxx
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J. Xxxxx Xxxxxxxx
Associate General Counsel and
Assistant Secretary
