EX-99.(H)(5)(IV) 7 dex99h5iv.htm 3RD AMENDMENT TO SECURITIES LENDING AGREEMENT DTD JAN. 1, 2011 3rd Amendment to Securities Lending Agreement dtd Jan. 1, 2011

Exhibit(h)(5)(iv)

THIRD AMENDMENT TO

SECURITIES LENDING AUTHORIZATION AGREEMENT

BETWEEN NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II,

NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II,

and HANSBERGER INTERNATIONAL SERIES,

each on behalf of its respective series listed on Schedule B, severally and not jointly

AND STATE STREET BANK AND TRUST COMPANY

This Third Amendment (this "Amendment") dated as of January 1, 2011 is between NATIXIS FUNDS TRUST I (f/k/a IXIS Advisor Funds Trust I), NATIXIS FUNDS TRUST II (f/k/a IXIS Advisor Funds Trust II), NATIXIS FUNDS TRUST IV (f/k/a IXIS Advisor Funds Trust IV), LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II, and HANSBERGER INTERNATIONAL SERIES, each on behalf of its respective series listed on Schedule B, severally and not jointly, each a registered management investment company organized and existing under the laws of Massachusetts (collectively, the “Trusts,” and each a “Trust”), and STATE STREET BANK AND TRUST COMPANY, its affiliates or subsidiaries (“State Street”).

Reference is made to a Securities Lending Authorization Agreement dated the 1st day of September, 2005 between the Trusts, other than Hansberger International Series, and State Street, as amended and as in effect on the date hereof prior to giving effect to this Amendment (the "Agreement").

For value received, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties mutually agree to amend the Agreement as set forth below.

1. Definitions. All capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Agreement.

2. Agreement to Delete Trusts. Each party hereto hereby agrees to the deletion of Natixis Funds Trust III and Natixis Cash Management Trust, each on behalf of its series listed on Schedule B prior to the effective date of this Amendment, as a Trust and as one of the Trusts under the Agreement.

3. Amendments.

(i) Each of Natixis Funds Trust III and Natixis Cash Management Trust, each on behalf of its series listed on Schedule B prior to the effective date of this Amendment, are hereby deleted as a Trust and as one of the Trusts under the Agreement.

Exhibit(h)(5)(iv)

(ii) Schedule A, Schedule A-1, Schedule B and Schedule B-1 to the Agreement are hereby deleted in their entirety and the amended Schedule A, Schedule A-1, Schedule B and Schedule B-1 attached to this Amendment are substituted in their place.

4. Representations and Warranties. Each party hereto represents and warrants that (a) it has the power to execute and deliver this Amendment, to enter into the transactions contemplated hereby, and to perform its obligations hereunder; (b) it has taken all necessary action to authorize such execution, delivery, and performance; (c) this Amendment constitutes a legal, valid and binding obligation enforceable against it; and (d) the execution, delivery, and performance by it of this Amendment will at all times comply with all applicable laws and regulations.

5. Miscellaneous. Except to the extent specifically amended by this Amendment, the provisions of the Agreement shall remain unmodified.

6. Effective Date. The effective date for this Amendment is January 1, 2011.

IN WITNESS WHEREOF, the parties hereto execute this Amendment as an instrument under seal by their duly authorized officers by affixing their signatures below.

 

 

NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II,
NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS
SAYLES FUNDS II, HANSBERGER INTERNATIONAL SERIES,

each on behalf of its respective series listed on Schedule B,
severally and not jointly

  By:  

/s/ Michael Kardok

  
  Name:  

Michael Kardok

  
  Title:  

Treasurer

  
  STATE STREET BANK AND TRUST COMPANY
  By:  

/s/ Gina L. Timperio

  
  Name:  

Gina L. Timperio

  
  Title:  

Managing Director

  

Schedule A

This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II, and HANSBERGER INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.

Schedule of Fees

1. Subject to Paragraph 2 below, all proceeds collected by State Street on investment of cash Collateral or any fee income shall be allocated, with respect to each Fund, as follows:

- Seventy-five percent (75%) payable to each Fund, and

- Twenty-five percent (25%) payable to State Street.

2. All payments to be allocated under Paragraph 1 above shall be made after deduction of such other amounts payable to State Street or to the Borrower under the terms of this Securities Lending Authorization Agreement.

3. Each Fund instructs State Street to invest cash Collateral in the State Street Navigator Securities Lending Prime Portfolio (the “Prime Portfolio”). The management fees for investing in the Prime Portfolio are as follows:

On an annualized basis, the management/trustee/custody/fund administration/transfer agent fee for investing cash Collateral in the Prime Portfolio is not more than 5.00 basis points netted out of yield. The trustee may pay out of the assets of the Prime Portfolio all reasonable expenses and fees of the Prime Portfolio, including professional fees or disbursements incurred in connection with the operation of the Prime Portfolio.

Schedule A-1

This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II, and HANSBERGER INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.

 

            FUNDS    SECURITIES LOAN LIMITATION

NATIXIS Funds Trust I

   

CGM Advisor Targeted Equity Fund

    33 1/3%

Hansberger International Fund

    33 1/3%

Natixis Income Diversified Portfolio

    33 1/3%

Natixis U.S. Diversified Portfolio

    33 1/3%

Loomis Sayles Core Plus Bond Fund

    33 1/3%

Vaughan Nelson Small Cap Value Fund

    33 1/3%

Absolute Asia Dynamic Equity Fund

    33 1/3%

Natixis Oakmark Global Fund

    33 1/3%

Natixis Oakmark International Fund

    33 1/3%

NATIXIS Funds Trust II

   

Harris Associates Large Cap Value Fund

    33 1/3%

Loomis Sayles Multi-Asset Real Return Fund

    33 1/3%

Vaughan Nelson Value Opportunity Fund

    33 1/3%

Westpeak ActiveBeta Equity Fund

    33 1/3%

Loomis Sayles Absolute Strategies Fund

    33 1/3%

NATIXIS Funds Trust IV

   

AEW Real Estate Fund

    33 1/3%

 

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Exhibit (h)(5)(iv)

 

Loomis Sayles Funds I

   

Loomis Sayles Bond Fund

    33 1/3%

Loomis Sayles Fixed Income Fund

    33 1/3%

Loomis Sayles Global Bond Fund

    33 1/3%

Loomis Sayles High Income Opportunities Fund

    33 1/3%

Loomis Sayles Institutional High Income Fund

    33 1/3%

Loomis Sayles Intermediate Duration Bond Fund

    33 1/3%

Loomis Sayles Investment Grade Fixed Income Fund

    33 1/3%

Loomis Sayles Inflation Protected Securities Fund

    33 1/3%

Loomis Sayles Securitized Asset Fund

    33 1/3%

Loomis Sayles Small Cap Value Fund

    33 1/3%

Loomis Sayles Funds II

   

Loomis Sayles High Income Fund

    33 1/3%

Loomis Sayles Limited Term Government and Agency Fund

    33 1/3%

Loomis Sayles Disciplined Equity Fund

    33 1/3%

Loomis Sayles Strategic Income Fund

    33 1/3%

Loomis Sayles Investment Grade Bond Fund

    33 1/3%

Loomis Sayles Growth Fund

    33 1/3%

Loomis Sayles Mid Cap Growth Fund

    33 1/3%

Loomis Sayles Small Cap Growth Fund

    33 1/3%

Loomis Sayles Value Fund

    33 1/3%

Loomis Sayles Global Markets Fund

    33 1/3%

Loomis Sayles International Bond Fund

    33 1/3%

Hansberger International Series

   

International Growth Fund

    33 1/3%

International Value Fund

    33 1/3%

Emerging Markets Fund

    33 1/3%

 

Amended January 2008

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Schedule B

This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II and HANSBERGER INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.

 

Fund Name

  

Taxpayer ID Number

  

Tax Year-End

Natixis Funds Trust I    

CGM Advisor Targeted Equity Fund

   04-2443453   December 31st

Hansberger International Fund

   04-3293754   December 31st

Natixis Income Diversified Portfolio

   13-4309972   December 31st

Natixis U.S. Diversified Portfolio

   04-3231674   December 31st

Loomis Sayles Core Plus Bond Fund

   04-2519841   September 30th

Vaughan Nelson Small Cap Value Fund

   04-3331744   December 31st

Absolute Asia Dynamic Equity Fund

   27-1408693   December 31st

Natixis Oakmark Global Fund

   27-3598123   December 31st

Natixis Oakmark International Fund

   27-3598377   December 31st
Natixis Funds Trust II    

Harris Associates Large Cap Value Fund

   04-1990692   December 31st

Loomis Sayles Multi-Asset Real Return Fund

   01-0975181   December 31st

Vaughan Nelson Value Opportunity Fund

   01-0906512   December 31st

Westpeak ActiveBeta Equity Fund

   32-0310647   December 31st

Loomis Sayles Absolute Strategies Fund

   27-3598296   December 31st
Natixis Funds Trust IV    

AEW Real Estate Fund

   04-3510288   January 31st

 

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Loomis Sayles Funds I    

Loomis Sayles Bond Fund

   04-3113274   September 30th

Loomis Sayles Fixed Income Fund

   04-3219175   September 30th

Loomis Sayles Global Bond Fund

   04-3113281   September 30th

Loomis Sayles High Income Opportunities Fund

   65-1214747   September 30th

Loomis Sayles Institutional High Income Fund

   04-3362512   September 30th

Loomis Sayles Intermediate Duration Bond Fund

   04-3448648   September 30th

Loomis Sayles Investment Grade Fixed Income Fund

   04-3219179   September 30th

Loomis Sayles Inflation Protected Securities Fund

   04-3113271   September 30th

Loomis Sayles Securitized Asset Fund

   51-0544654   September 30th

Loomis Sayles Small Cap Value Fund

   04-3113283   September 30th
Loomis Sayles Funds II    

Loomis Sayles Disciplined Equity Fund

   04-3520219   September 30th

Loomis Sayles High Income Fund

   04-2814890   September 30th

Loomis Sayles Limited Term Government and Agency Fund

   04-6610760   September 30th

Loomis Sayles Strategic Income Fund

   04-3268670   September 30th

Loomis Sayles Investment Grade Bond Fund

   04-3339561   September 30th

Loomis Sayles Growth Fund

   04-3113270   September 30th

Loomis Sayles Mid Cap Growth Fund

   04-3339593   September 30th

Loomis Sayles Small Cap Growth Fund

   04-3339616   September 30th

Loomis Sayles Value Fund

   04-3113285   September 30th

Loomis Sayles Global Markets Fund

   04-3308834   September 30th

Loomis Sayles International Bond Fund

   36-4623763   September 30th
Hansberger International Series    

International Growth Fund

   65-0696325   December 31st

International Value Fund

   65-0696327   December 31st

Emerging Markets Fund

   65-0694331   December 31st

 

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Schedule B-1

This Schedule is attached to and made part of the Securities Lending Authorization Agreement dated the 1st day of September 2005 between NATIXIS FUNDS TRUST I, NATIXIS FUNDS TRUST II, NATIXIS FUNDS TRUST IV, LOOMIS SAYLES FUNDS I, LOOMIS SAYLES FUNDS II and HANSBERGER INTERNATIONAL SERIES, EACH ON BEHALF OF ITS RESPECTIVE SERIES AS LISTED ON SCHEDULE B, SEVERALLY AND NOT JOINTLY (the “Funds”) and STATE STREET BANK AND TRUST COMPANY (“State Street”), as amended.

 

            FUNDS    EFFECTIVE DATE OF AGREEMENT

Natixis Funds Trust I

   

CGM Advisor Targeted Equity Fund

      September 1, 2005   

Hansberger International Fund

      September 1, 2005   

Natixis Income Diversified Portfolio

      December 20, 2005   

Natixis U.S. Diversified Portfolio

      September 1, 2005   

Loomis Sayles Core Plus Bond Fund

      October 1, 2005   

Vaughan Nelson Small Cap Value Fund

      September 1, 2005   

Absolute Asia Dynamic Equity Fund

      January 1, 2011   

Natixis Oakmark Global Fund

      January 1, 2011   

Natixis Oakmark International Fund

      January 1, 2011   

Natixis Funds Trust II

   

Harris Associates Large Cap Value Fund

      September 1, 2005   

Loomis Sayles Multi-Asset Real Return Fund

      January 1, 2011   

Vaughan Nelson Value Opportunity Fund

      January 1, 2011   

Westpeak ActiveBeta Equity Fund

      January 1, 2011   

Loomis Sayles Absolute Strategies Fund

      January 1, 2011   

Natixis Funds Trust IV

   

AEW Real Estate Fund

      September 1, 2005   

 

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Loomis Sayles Funds I

   

Loomis Sayles Bond Fund

      September 1, 2005   

Loomis Sayles Fixed Income Fund

      September 1, 2005   

Loomis Sayles Global Bond Fund

      September 1, 2005   

Loomis Sayles High Income Opportunities Fund

      September 1, 2005   

Loomis Sayles Institutional High Income Fund

      September 1, 2005   

Loomis Sayles Intermediate Duration Bond Fund

      September 1, 2005   

Loomis Sayles Investment Grade Fixed Income Fund

      September 1, 2005   

Loomis Sayles Inflation Protected Securities Fund

      September 1, 2005   

Loomis Sayles Securitized Asset Fund

      September 1, 2005   

Loomis Sayles Small Cap Value Fund

      September 1, 2005   

Loomis Sayles Funds II

   

Loomis Sayles High Income Fund

      October 1, 2005   

Loomis Sayles Disciplined Equity Fund

      September 1, 2005   

Loomis Sayles Limited Term Government and Agency Fund

      October 1, 2005   

Loomis Sayles Strategic Income Fund

      October 1, 2005   

Loomis Sayles Investment Grade Bond Fund

      September 1, 2005   

Loomis Sayles Growth Fund

      September 1, 2005   

Loomis Sayles Mid Cap Growth Fund

      September 1, 2005   

Loomis Sayles Small Cap Growth Fund

      September 1, 2005   

Loomis Sayles Value Fund

      September 1, 2005   

Loomis Sayles Global Markets Fund

      September 1, 2005   

Loomis Sayles International Bond Fund

      February 1, 2008   

Hansberger International Series

   

International Growth Fund

      January 1, 2008   

International Value Fund

      January 1, 2008   

Emerging Markets Fund

      January 1, 2008   

 

Amended January 1, 2011  

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