Amendment Number One to Capital Support Agreement between Northern Trust Corporation and The Northern Trust Company

Contract Categories: Business Finance › Modification Agreements
Summary

This amendment, dated July 15, 2008, modifies the Capital Support Agreement originally made between Northern Trust Corporation and The Northern Trust Company, acting as securities lending agent for the Core Select Securities Lending Cash Collateral Pool. The amendment specifically changes the deadline in Section 3(c)(iii) of the original agreement to 5:00 p.m. Eastern Time on February 28, 2009. All other terms of the original agreement remain unchanged.

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EX-10.7 8 dex107.htm AMENDMENT NUMBER ONE TO CAPITAL SUPPORT AGREEMENT Amendment Number One to Capital Support Agreement

EXHIBIT 10.7

AMENDMENT NUMBER ONE TO

CAPITAL SUPPORT AGREEMENT

This Amendment Number One (the “Amendment”) to the Capital Support Agreement, is made as of the 15th day of July 2008, by and between, NORTHERN TRUST CORPORATION and THE NORTHERN TRUST COMPANY, as securities lending agent on behalf of the Core Select Securities Lending Cash Collateral Pool.

WHEREAS, the parties have entered into a Capital Support Agreement (the “Agreement”), dated as of February 21, 2008; and

WHEREAS, the parties desire to amend the Agreement on the terms and subject to the conditions provided herein.

NOW, THEREFORE, the parties, intending to be legally bound, hereby agree as follows:

 

  1. Unless otherwise expressly provided herein, capitalized terms shall have the meanings assigned to them in the Agreement.

 

  2. Section 3(c)(iii) of the Agreement is hereby deleted in its entirety and replaced as set forth below:

“(iii) 5:00 p.m. Eastern Time on February 28, 2009.”

IN WITNESS WHEREOF, the parties caused this Amendment No. 1 to the Capital Support Agreement to be executed this 15th day of July, 2008.

 

NORTHERN TRUST CORPORATION
By:  

/s/ William R. Dodds, Jr.

Name:   William R. Dodds, Jr.
Title:   Treasurer
ADDRESS FOR NOTICES:
50 South LaSalle Street
Chicago, IL 60603
Attention: William R. Dodds
THE NORTHERN TRUST COMPANY, as Securities Lending Agent on Behalf of the Core Select Securities Lending Cash Collateral Pool
By:  

/s/ Mark J. Van Grinsven

Name:   Mark J. Van Grinsven
Title:   Senior Vice President
ADDRESS FOR NOTICES:
50 South LaSalle Street
Chicago, IL 60603
Attention: Mark J. Van Grinsven