EXHIBIT 10.17
AMENDMENT NO. 2 TO THE
STATE STREET CORPORATION 1997 EQUITY INCENTIVE PLAN
Amendment No. 2 to the State Street Corporation 1997 Equity Incentive Plan (the
"Plan").
RECITAL
The Executive Compensation Committee of the Board of Directors has approved the
following amendments to the Plan:
1. Clause (a) of the second paragraph of Section 2 of the Plan is
amended and clarified, effective as of the original effective date of
the Plan, to read as follows: "(a) grant Awards to such eligible
persons and at such time or times as it may choose;"
2. Section 2 of the plan, is further amended, as of the date set forth
below, by adding thereto the following new paragraph:
"The Committee may delegate to any officer or officers of the
Corporation the authority to exercise the authority described
at clauses (a) through (g) of the preceding paragraph with
respect to any Award to a person who at the time of the Award
is not and in the reasonable determination of the officer or
officers exercising such authority with respect to such Award
is not expected to be an executive officer of the Company or a
person otherwise described in Section 162 (m) (3) of the Code
or the regulations thereunder."
3. Except as amended above, the Plan remains in full force and effect.
IN WITNESS WHEREOF, State Street Corporation has caused this instrument of
amendment to be executed by its duly authorized officer this 3rd day of March,
1998.
STATE STREET CORPORATION
By: /s/ Trevor Lukes
Name: Trevor Lukes
Title: Senior Vice President