Amendment to Investment Advisory Agreement
This is an Amendment to the Investment Advisory Agreement made and entered
into between INVESCO Tax-Free Income Funds, Inc., a Maryland corporation (the
"Company"), and INVESCO Funds Group, Inc., a Delaware corporation ("IFG"), as of
the 30th day of April, 1993 (the "Agreement").
WHEREAS, the Company desires to have IFG perform investment advisory,
statistical, research, and certain administrative and clerical services with
respect to management of the assets of the Company allocable to the INVESCO
Tax-Free Intermediate Bond Fund of the Company, and IFG is willing and able to
perform such services on the terms and conditions set forth in the Agreement;
NOW, THEREFORE, in consideration of the premises and the mutual covenants
contained in the Agreement, it is agreed that the terms and conditions of the
Agreement shall be applicable to the Company's assets allocable to the INVESCO
Tax-Free Intermediate Bond Fund, to the same extent as if the INVESCO Tax-Free
Intermediate Bond Fund were to be added to the definition of "Portfolio" as
utilized in the Agreement, and that INVESCO Tax-Free Intermediate Bond Fund
shall pay IFG a fee for services provided to it by IFG under the Agreement as
follows: 0.50% of the first $300 million of the Portfolio's average net assets;
0.40% of the next $200 million of the Portfolio's average net assets; and 0.30%
of the Portfolio's average net assets over $500 million.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to
Agreement on this 20th day of October, 1993.
INVESCO TAX-FREE INCOME FUNDS, INC.
By: /s/ Xxx X. Xxxxxx
------------------------
Xxx X. Xxxxxx, President
ATTEST:
/s/ Xxxx X. Xxxxx
------------------------
Xxxx X. Xxxxx, Secretary
(CORPORATE SEAL) INVESCO FUNDS GROUP, INC.
By: /s/ Xxxxxx X. Xxxxxx
------------------------
ATTEST: Xxxxxx X. Xxxxxx, Senior
Vice President
/s/ Xxxx X. Xxxxx
------------------------
Xxxx X. Xxxxx, Secretary
(CORPORATE SEAL)
