CTR057205_Cambridge_Amendment_No._3_Fully_Signed__2024.12.03_.pdf

CONTRACT AMENDMENT

Contract No.: CTR057205 Description: Investment Consulting Services: Private Equity Contractor: Cambridge Associates

Contract Amendment No. Three (3)

In accordance with the Section 5.1 (Contract Renewal) of the Special Terms and Conditions, the above referenced Contract is hereby amended as follows:

1) Contract is renewed for the period September 8, 2024 to September 7, 2025

2) Contractor certifies compliance with A.R.S § 41-3532 when offering electronics or information technology products, services, or maintenance.

3) In accordance with A.R.S. § 35-394, Contractor does not use, and agrees not to use during the term of the Contract:

a. The forced labor of ethnic Uyghurs in the People’s Republic of China;

b. Any goods or services produced by the forced labor of ethnic Uyghurs in the People’s Republic of

China, and

c. Any contractors, subcontractors or suppliers that use the forced labor or any goods or services produced by the forced labor of ethnic Uyghurs in the People’s Republic of China.

4) Contractor has not engaged in, and will not engage in, collusion or other anti-competitive practices.

5) The following is added to the Uniform Terms and Conditions, Section 1 (Definition of Terms):

1.15 AI-Artificial Intelligence. Means the science and engineering of making machines capable of performing tasks that are typically associated with human intelligence, such as learning and problem-solving, and includes without limitation: AI systems, classic AI, external AI, generative AI, and large language model

(LLM) AI.

6) The following is added to the Uniform Terms and Conditions Section 3 (Contract Administration ad Operation):

3.12 Artificial Intelligence (AI) Prohibitions. Consistent with State policy, if Contractor supplies AI Services or Materials (either directly or through Subcontractors or the sale of licenses), such as research, development, training, implementation, deployment, maintenance, provision, or sale of AI systems, then Contractor is prohibited from using State of Arizona Materials or Data in generative AI queries or for building or training proprietary generative AI programs unless explicitly approved in advance by the State in writing. Notwithstanding the foregoing and for the avoidance of doubt, Contractor may use internal AI-Artificial Intelligence in connection with providing its Services to the State.

All other requirements, terms, and conditions remain unchanged.

Contractor hereby acknowledges receipt and understanding of this Contract Amendment.

This Contract Amendment is hereby executed this date by the Arizona State Retirement System.

Signature Signature

Athena Elliston Name Name

Chief Procurement Officer 11/13/2024 Title Date Title Date

C Chandler Tyson

Authorized Signatory 12/3/2024