Letter Agreement



 Exhibit 10.8.1 

 

					
	



	 		  	State Street Financial Center
	 	  	1 Lincoln Street
	 	  	Boston, MA 02111-2900
	 		  	  
 www.ssga.com


 November 1, 2011 
 Northern Trust Investments, Inc. 
 50 South LaSalle Street 

Chicago, Illinois 60603 
  

	 	Re:	Amendment for Participation in the SSgA Target Retirement 2050 Non-Lending Series Fund – Class A 


Dear Mr. Nero: 
 State
Street Global Advisors, a division of State Street Bank and Trust Company (“State Street”) and Northern Trust Investments Inc. (previously known as “Northern Trust Investments, N.A.”) (“Client”) have previously entered
into an Investment Management Agreement dated July 1, 2010 (the “Agreement”). Pursuant to the Agreement, Client has retained State Street as an investment manager for certain assets of the American Bar Association Members / Northern
Trust Collective Trust. 
 Client now desires to allocate additional assets to State Street to be invested in the SSgA Target
Retirement 2050 Non-Lending Series Fund – Class A (the “Fund”) maintained by State Street. 
 This letter
shall constitute an amendment to the Agreement. Client hereby authorizes the allocation of additional assets to State Street to be invested in the Fund. The investment objectives and fee schedule of the Fund are attached hereto as Exhibits 2 and 3,
respectively, and shall be added to the Investment Objectives and the Fee Schedule currently contained in the Agreement. Additionally, the list of ABA Funds currently contained in the Agreement is hereby deleted in its entirety and replaced with the
list of ABA Funds attached hereto as Exhibit 1. In addition, Client acknowledges receipt of the Fund Declaration, Fact Sheet, and Strategy Disclosure Document that relates to the Investment Objectives set forth on Exhibit 2. 

Except as provided herein, the terms and conditions contained in the Agreement shall remain in full force and effect. 

  
 



 








 



 
  
 If the above terms are
acceptable to you, please countersign this letter in the space provided below, in duplicate. 
 Very truly yours, 

STATE STREET GLOBAL ADVISORS, a division of 
 State Street Bank and Trust Company 
  

			
	By:	 	 /s/ Steve Coyle

	Title:	 	Head of U.S. Sub Advisory

 Agreed to and Accepted 
 NORTHERN TRUST INVESTMENTS, INC., in its individual corporate capacity and in its capacity as Trustee of the American Bar Association Members / Northern Trust Collective Trust 

 

			
	By:	 	 /s/ Thomas R. Benzmiller

	Title:	 	Senior Vice-President


  
 



 








 



 
  
 Exhibit 1

 ABA FUNDS 
 LARGE CAP EQUITY FUND 
 BOND INDEX FUND 

LARGE CAP INDEX EQUITY FUND 
 ALL CAP INDEX EQUITY FUND 
 MID CAP INDEX EQUITY FUND 

SMALL CAP INDEX EQUITY FUND 
 INTERNATIONAL INDEX EQUITY FUND 
 REAL ASSET RETURN FUND 

LIFETIME INCOME RETIREMENT DATE FUND 
 2010 RETIREMENT DATE FUND 
 2020 RETIREMENT DATE FUND 

2030 RETIREMENT DATE FUND 
 2040 RETIREMENT DATE FUND 
 2050 RETIREMENT DATE FUND 

CONSERVATIVE RISK FUND 
 MODERATE RISK FUND 
 AGGRESSIVE RISK FUND 

  
 



 








 



 
  
 Exhibit 2

 INVESTMENT OBJECTIVES 
 SSgA Target Retirement 2050 Non-Lending Series Fund – Class A 

The Fund seeks an investment return that approximates, as closely as practicable, before expenses, the performance of a custom benchmark
index (the “Index”) over the long term, while providing participants the ability to purchase and redeem units on an “as of” basis. In seeking to accomplish this investment objective, the Fund may invest directly or indirectly in
securities and other instruments, including in other pooled investment vehicles sponsored or managed by, or otherwise affiliated with the Trustee (“Commingled Funds”). As of the date of this Fund Declaration, the Trustee intends to invest
in the following Commingled Funds over the course of the Fund’s life cycle, as more fully detailed in the Strategy Disclosure Document: 
 SSgA Global All Cap Equity Ex-U.S. Index Non-Lending Series Fund 

SSgA Global Equity Ex-U.S. Index Non-Lending Series Fund 

SSgA Russell Small Cap Index Non-Lending Series Fund 

SSgA S&P 500 Non-Lending Series Fund 

SSgA S&P MidCap Index Non-Lending Series Fund 

SSgA U.S. Bond Index Non-Lending Series Fund 

SSgA U.S. Inflation Protected Bond Index Non-Lending Series Fund 

SSgA U.S. Long Government Bond Index Non-Lending Series Fund 

SSgA Tuckerman Global Real Estate Securities Index Non-Lending Series Fund 

SSgA U.S. High Yield Bond Index Non-Lending Series Fund 

SSgA U.S. Short-Term Government/Credit Bond Index Non-Lending Series Fund 

Due to the uncertainty in all investments, there can be no assurance that the Fund will achieve its investment objective. For more
information about investment policies, principal investment strategy and associated risks, please see the “SSgA Target Retirement Strategy Disclosure Document” (as may be amended, modified, or supplemented from time to time, the
“Strategy Disclosure Document”).