Exhibit (h)(6)(v)

Execution Version

AMENDMENT TO ADMINISTRATION AGREEMENT

This Amendment to the Administration Agreement (the “Amendment”) is dated as of September 12, 2022 by and between Grantham, Mayo Van Otterloo & Co. LLC, a Massachusetts limited liability company (“GMO”), and State Street Bank and Trust Company, a Massachusetts trust company (“State Street”). Capitalized terms used herein without definition shall have the meanings ascribed thereto in the Agreement (as defined below).

WHEREAS, GMO Trust is a business trust established under the laws of The Commonwealth of Massachusetts (the “Trusts”), is registered as a management investment company under the Investment Company Act of 1940, as amended, consisting of certain of the separate portfolios as listed on Schedule A attached hereto (each a “Fund” and collectively, the “Funds”);

WHEREAS, GMO and Investors Bank & Trust Company (“IBT”) entered into an Administration Agreement dated as of June 30, 2003 (as amended, supplemented, restated or otherwise modified from time to time, the “Agreement”);

WHEREAS, IBT merged with and into State Street, effective July 2, 2007, with the result that State Street now serves as Administrator under the Agreement; and

WHEREAS, GMO and State Street desire to amend the Agreement as set forth below.

NOW, THEREFORE, in consideration of the foregoing and the mutual covenants and agreements hereinafter contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereby agree as follows:

1. Schedule A to the Agreement is hereby deleted in its entirety and replaced with the revised Schedule A attached hereto.

2. Annex I to Schedule B6 of the Administration Agreement is hereby amended by deleting such Annex I in its entirety and inserting in lieu thereof the attached Annex I.

3. Capitalized terms used herein without definition shall have the meanings ascribed to them in the Agreement.

4. Except as specifically amended hereby, all other terms and conditions of the Agreement shall remain in full force and effect. This Amendment may be executed in multiple counterparts, which together shall constitute one instrument. Counterparts may be executed in either original or electronically transmitted form (e.g., faxes or emailed portable document format (PDF) form), and the parties hereby adopt as original any signatures received via electronically transmitted form.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their officers designated below as of the date first written above.

GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC

By:   /s/ Douglas Y. Charton__ 

Name: Douglas Y. Charton 

Title:      Counsel

STATE STREET BANK AND TRUST COMPANY

By:   /s/ Jason Becker         

Name: Jason Becker 

Title: Senior Vice president

Information Classification: Limited Access 

              Information Classification: Confidential

SCHEDULE A

Listing of Trusts and Funds

(Updated as of September 12, 2022)

GMO Trust

GMO Alternative Allocation Fund	GMO International Developed Equity Allocation Fund
GMO Asset Allocation Bond Fund	GMO International Equity Allocation Fund
GMO Benchmark-Free Allocation Fund	GMO International Equity Fund
GMO Benchmark-Free Fund	GMO Multi-Sector Fixed Income Fund
GMO Climate Change Fund	GMO Opportunistic Income Fund
GMO Emerging Country Debt Fund	GMO Quality Cyclicals Fund
GMO Emerging Country Debt Shares Fund*	GMO Quality Fund
GMO Emerging Domestic Opportunities Fund	GMO Resources Fund
GMO Emerging Markets ex-China Fund	GMO SGM Major Markets Fund
GMO Emerging Markets Fund	GMO Small Cap Quality Fund*
GMO Global Asset Allocation Fund	GMO Strategic Opportunities Allocation Fund
GMO Global Developed Equity Allocation Fund	GMO Tax-Managed International Equities Fund
GMO Global Equity Allocation Fund	GMO U.S. Equity Fund
GMO High Yield Fund	GMO U.S. Small Cap Value Fund
GMO Implementation Fund	GMO U.S. Treasury Fund
	GMO-Usonian Japan Value Creation Fund

*GMO will provide State Street with at least (5) business days’ prior notice to the commencement of operations.

Information Classification: Limited Access 

              Information Classification: Confidential

ANNEX I

GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC (“GMO”) 

Updated as of September 12, 2022

Further to the Amendment dated as of September 12, 2022, to the Administration Agreement dated as of June 30, 2003 (as amended), between Grantham, Mayo Van Otterloo & Co. LLC (“GMO”) and State Street Bank and Trust Company (the “Administrator”), GMO and the Administrator mutually agree to update this Annex 1 by adding/removing Portfolios as applicable:

Form N-PORT Services and Quarterly Portfolio of Investments Services	Service Type:
GMO TRUST	Standard N-PORT Reporting Solution (Data and Filing) and Quarterly Portfolio of Investments Services
GMO Alternative Allocation Fund GMO Asset Allocation Bond Fund GMO Benchmark-Free Allocation Fund GMO Benchmark-Free Fund GMO Climate Change Fund GMO Emerging Country Debt Fund GMO Emerging Country Debt Shares Fund GMO Emerging Domestic Opportunities Fund GMO Emerging Markets ex-China Fund GMO Emerging Markets Fund GMO Global Asset Allocation Fund GMO Global Developed Equity Allocation Fund GMO Global Equity Allocation Fund GMO High Yield Fund GMO Implementation Fund GMO International Developed Equity Allocation Fund GMO International Equity Allocation Fund GMO International Equity Fund GMO Multi-Sector Fixed Income Fund GMO Opportunistic Income Fund GMO Quality Cyclicals Fund GMO Quality Fund GMO Resources Fund GMO SGM Major Markets Fund GMO Small Cap Quality Fund GMO Strategic Opportunities Allocation Fund GMO Tax-Managed International Equities Fund GMO U. S. Equity Fund	Standard

Information Classification: Limited Access 

      Information Classification: Confidential

GMO U.S. Small Cap Value Fund
GMO U.S. Treasury Fund

GMO-Usonian Japan Value Creation Fund

Form N-CEN Services

GMO Trust

Information Classification: Limited Access

              Information Classification: Confidential