AMENDMENT NO. 2 TO INVESTMENT ADVISORY AGREEMENT BETWEEN SSGA FUNDS MANAGEMENT, INC. AND STATE STREET NAVIGATOR SECURITIES LENDING TRUST
Exhibit
(d)(4)
AMENDMENT
NO. 2
TO
BETWEEN
SSGA
FUNDS MANAGEMENT, INC.
AND
This
Amendment No. 2 to the Investment Advisory Agreement is dated as of May 26,
2010, 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:
|
1.
|
Exhibit
A of the Agreement is hereby deleted in its entirety and replaced with the
Exhibit A attached hereto.
|
|
2.
|
All
other terms and conditions of the Agreement remain in full force and
effect except as they may be modified
hereby.
|
IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as
of the date first above written.
| STATE STREET NAVIGATOR SECURITIES LENDING TRUST | |||||
| By: |
/s/ Xxxxx X. Xxxxxx
|
|
|||
| Name: |
Xxxxx X. Xxxxxx
|
|
|||
| Title: |
Secretary
|
|
|||
| SSGA FUNDS MANAGEMENT, INC. | |||||
| By: |
/s/ Xxxxx X. Xxxx
|
|
|||
| Name: |
Xxxxx X. Xxxx
|
|
|||
| Title: |
President
|
|
|||
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:
|
Fund
|
Rate
|
|||
|
State
Street Navigator Government Portfolio
|
0.0175 | % | ||
|
State
Street Navigator Prime Portfolio
|
0.0175 | % | ||
|
State
Street Navigator Short-Term Bond Portfolio
|
0.05 | % | ||
