0001038490-17-000005 Sample Contracts

FIRST AMENDMENT TO AMENDED AND RESTATED SECURITIES LENDING AUTHORIZATION AGREEMENT BETWEEN THE T. ROWE PRICE FUNDS LISTED ON SCHEDULE B AND STATE STREET BANK AND TRUST COMPANY
First Amendment • June 28th, 2017 • T. Rowe Price Tax-Efficient Funds, Inc. • Massachusetts

This First Amendment (this “Amendment”) dated as of January 22, 2013 is between each T. Rowe Price Fund listed on Schedule B, on behalf of itself or, where noted on Schedule B, on behalf of its series, severally and not jointly (each, a “Fund” and collectively, the “Funds”), and State Street Bank and Trust Company, acting either directly or through any affiliates or subsidiaries (collectively, “State Street”).

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AMENDMENT ELEVEN TO SECURITIES LENDING AGREEMENT Securities Lending Cash Collateral
Securities Lending Agreement • June 28th, 2017 • T. Rowe Price Tax-Efficient Funds, Inc. • New York

AMENDMENT ELEVEN (“Amendment”), dated effective September 24, 2014 to the Securities Lending Agreement, dated as of April 11, 1995, as amended, between each of the T. Rowe Price Associates, Inc. funds listed on Appendix 4 attached hereto (each such portfolio or series, a “Lender” and collectively, the “Lenders”), and JPMorgan Chase Bank, N.A. (as successor by operation of law to The Chase Manhattan Bank, N.A.) (“Chase”) and the Indemnification Side Letter from Chase to Lender dated July 25, 2012 (collectively, the “Lending Agreement”). This Amendment shall be deemed for all purposes to constitute a separate and discrete agreement between Chase and each of the Lenders as it may be amended by the parties from time to time, and no Lender shall be responsible or liable for any of the obligations of any other Lender under this Amendment or Lending Agreement or otherwise, notwithstanding anything to the contrary contained herein. When the term “Lender” is used herein, it refers to a given Le

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