AMENDMENT OF AMENDED SHAREHOLDER SERVICES AGREEMENT
AMENDMENT
OF AMENDED SHAREHOLDER SERVICES AGREEMENT
This Amendment to
the Amended Shareholder Services Agreement (the "Agreement") by and between
American Funds Service Company (hereinafter, "AFS") and American Mutual Fund,
Inc. (hereinafter, the "Fund") is dated as of the 1st day of October,
2009.
WHEREAS, AFS and the Fund
entered into the Agreement with regard to certain shareholder services to be
performed by AFS; and
WHEREAS, AFS and the Fund
desire to amend said Agreement in the manner hereinafter set forth;
NOW THEREFORE, pursuant to
Section 9 of the Agreement, AFS and the Fund hereby amend Section 6 of the
Agreement to read as follows:
AFS will provide to
the participating investment companies the shareholder services referred to
herein in return for the following fees:
Annual
account maintenance fee (paid monthly):
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Fee Per Account
(annual rate)
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Rate
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Broker
Controlled Account (networked and street)
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$0.84
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Full Service
Account
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$16.00
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No annual fee will
be charged for a participant account underlying a 401(k) or other defined
contribution plan where the plan maintains a single account on AFS’ books and
responds to all participant inquiries.
AFS will xxxx the
Fund monthly, on or shortly after the first of each calendar month, and the Fund
will pay AFS within five business days of such billing.
Any revision of the
schedule of charges set forth herein shall require the affirmative vote of a
majority of the members of the board of directors of the Fund.
[Remainder of page
intentionally left blank.]
IN WITNESS THEREOF, AFS and
the Fund have caused this Amendment to be executed by their duly authorized
officers effective as of the date first written above.
AMERICAN
MUTUAL FUND, INC.
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AMERICAN
FUNDS
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SERVICE
COMPANY
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BY:
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BY:
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Name: Xxxxxxx X.
Xxxxx
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Name: Xxxxxx X.
Xxxxxxxx
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Title:
Secretary
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Title:
Secretary
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Date: December 1,
2009
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Date: December 1,
2009
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