THE AMERICAN FUNDS TAX-EXEMPT SERIES I The Tax-Exempt Fund of Maryland The Tax- Exempt Fund of Virginia AMENDMENT OF AMENDED SHAREHOLDER SERVICES AGREEMENT
THE
AMERICAN FUNDS TAX-EXEMPT SERIES I
The
Tax-Exempt Fund of Maryland
The
Tax-Exempt Fund of Virginia
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 The American
Funds Tax-Exempt Series I (hereinafter, the "Fund") is dated as of the 1st
day
of November, 2006.
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):
$0.91
per
month for each open account on AFS’ books or in Level 0, 2 or 4
Networking
($10.92 per year).
$0.06
per
month for each open account maintained in Street Name or
Level
1
or 3 Networking ($0.72 per year).
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.
Transaction
fees:
$1.55
per
non-automated transaction
$0.20
per
automated transaction
For
this
purpose, “transactions” shall include all types of transactions included in an
“activity index” as reported to the Review and Advisory Committee at least
annually. 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 trustees of the
Fund.
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.
|
THE
AMERICAN FUNDS
|
AMERICAN
FUNDS
|
|
TAX-EXEMPT
SERIES I
|
SERVICE
COMPANY
|
BY: BY:
Name: Xxxxxxxx
X.
Xxxxxx Name:
Title: Secretary Title: ______________________________
Date: January
17,
2007 Date:
