AMENDMENT NO. 1 TO DISTRIBUTION AGREEMENT
THIS AMENDMENT NO. 1 TO DISTRIBUTION AGREEMENT is made as of the 1st
day of June, 1998, by and between each of the open end management investment
companies listed on Schedule A, attached hereto, as of the dates noted on such
Schedule A, together with all other open end management investment companies
subsequently established and made subject to this Agreement in accordance with
Section 16 (the "Issuers") and Funds Distributor, Inc. ("Distributor").
Capitalized terms not otherwise defined herein shall have the meaning ascribed
to them in the Distribution Agreement.
RECITALS
WHEREAS, the Issuers and Distributor are parties to a certain
Distribution Agreement dated January 15, 1998 (the "Distribution Agreement");
and
WHEREAS, American Century Capital Portfolios, Inc., has added a series,
American Century Small Cap Value Fund; and
WHEREAS, American Century Quantitative Equity Funds has added a series,
American Century Small Cap Quantitative Fund; and
WHEREAS, American Century Municipal Trust has added a series, Xxxxxx
High-Yield Municipal Fund; and
WHEREAS, American Century Investment Trust will issue multiple classes
of shares of its series, Xxxxxx Prime Money Market Fund; and
WHEREAS, the parties desire to amend the Distribution Agreement to add
the new series and multiple classes.
NOW, THEREFORE, in consideration of the mutual promises set forth
herein, the parties hereto agree as follows:
1. The new series are hereby added as parties to the Distribution
Agreement.
2. Schedules A, B, C, D and E to Distribution Agreement are hereby
amended by deleting the text thereof in their entirety and inserting in lieu
therefor the Schedules A, B, C, D and E attached hereto.
3. After the date hereof, all references to the Distribution Agreement
shall be deemed to mean the Distribution Agreement, as amended by this Amendment
No. 1.
4. In the event of a conflict between the terms of this Amendment No.1
and the Distribution Agreement, it is the intention of the parties that the
terms of this Amendment No. 1 shall control and the Distribution Agreement shall
be interpreted on that basis. To the extent the provisions of the Distribution
Agreement have not been amended by this Amendment No. 1, the parties hereby
confirm and ratify the Distribution Agreement.
5. This Amendment No. 1 may be executed in two or more counterparts,
each of which shall be an original and all of which together shall constitute
one instrument.
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 1
as of the date first above written.
FUNDS DISTRIBUTOR, INC.
By:/s/Xxxxx X. Xxxxxxxx
Name: Xxxxx X. Xxxxxxxx
Title:President and CEO
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
AMERICAN CENTURY GOVERNMENT INCOME TRUST
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
AMERICAN CENTURY INVESTMENT TRUST
AMERICAN CENTURY MUNICIPAL TRUST
AMERICAN CENTURY MUTUAL FUNDS, INC.
AMERICAN CENTURY PREMIUM RESERVES, INC.
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
AMERICAN CENTURY TARGET MATURITIES TRUST
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
By: /s/Xxxxxxx X. Xxxxx
Xxxxxxx X. Xxxxx
Vice President of each of the Issuers
SCHEDULE A
Companies and Funds Covered by this Distribution Agreement
Fund Date of Agreement
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
Xxxxxx California Municipal Money Market Fund January 15, 1998
Xxxxxx California High-Yield Municipal Fund January 15, 0000
Xxxxxx Xxxxxxxxxx Tax-Free Money Market Fund January 15, 1998
Xxxxxx California Limited Term Tax-Free Fund January 15, 1998
Xxxxxx California Intermediate-Term Tax-Free Fund January 15, 1998
Xxxxxx California Long-Term Tax-Free Fund January 15, 1998
Xxxxxx California Insured Tax-Free Fund January 15, 1998
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund January 15, 1998
American Century Real Estate Fund January 15, 1998
American Century Value Fund January 15, 1998
American Century Small Cap Value Fund July 30, 1998
AMERICAN CENTURY GOVERNMENT INCOME TRUST
Xxxxxx Short-Term Treasury Fund January 15, 1998
Xxxxxx Intermediate-Term Treasury Fund January 15, 1998
Benham Long-Term Treasury Fund January 15, 1998
Xxxxxx Government Agency Money Market Fund January 15, 1998
Xxxxxx Short-Term Government Fund January 15, 0000
Xxxxxx XXXX Fund January 15, 1998
Xxxxxx Inflation-Adjusted Treasury Fund January 15, 1998
Xxxxxx Capital Preservation Fund January 15, 1998
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
Xxxxxx International Bond Fund January 15, 1998
AMERICAN CENTURY INVESTMENT TRUST
Xxxxxx Prime Money Market Fund January 15, 1998
AMERICAN CENTURY MUNICIPAL TRUST
Xxxxxx Arizona Intermediate-Term Municipal Fund January 15, 1998
Xxxxxx Florida Municipal Money Market Fund January 15, 1998
Xxxxxx Florida Intermediate-Term Municipal Fund January 15, 1998
Xxxxxx Tax-Free Money Market Fund January 15, 1998
Xxxxxx Intermediate-Term Tax-Free Fund January 15, 1998
Benham Long-Term Tax-Free Fund January 15, 1998
Xxxxxx Limited-Term Tax-Free Fund January 15, 1998
Xxxxxx High-Yield Municipal Fund March 31, 1998
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund January 15, 1998
Xxxxxx Cash Reserve Fund January 15, 1998
Twentieth Century Growth Fund January 15, 1998
Twentieth Century Heritage Fund January 15, 1998
Xxxxxx Intermediate-Term Bond Fund January 15, 1998
Xxxxxx Limited-Term Bond Fund January 15, 1998
Xxxxxx Xxxx Fund January 15, 1998
Twentieth Century Select Fund January 15, 1998
Twentieth Century Ultra Fund January 15, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund January 15, 1998
Twentieth Century Giftrust January 15, 1998
Twentieth Century New Opportunities Fund January 15, 1998
Xxxxxx High Yield Fund January 15, 1998
AMERICAN CENTURY PREMIUM RESERVES, INC.
Xxxxxx Premium Government Reserve Fund January 15, 1998
Xxxxxx Premium Capital Reserve Fund January 15, 1998
Xxxxxx Premium Managed Bond Fund January 15, 1998
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
American Century Equity Growth Fund January 15, 1998
American Century Income & Growth Fund January 15, 1998
American Century Global Gold Fund January 15, 1998
American Century Global Natural Resources Fund January 15, 1998
American Century Utilities Fund January 15, 1998
American Century Small Cap Quantitative Fund July 30, 1998
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive January 15, 1998
American Century Strategic Allocation: Conservative January 15, 1998
American Century Strategic Allocation: Moderate January 15, 1998
AMERICAN CENTURY TARGET MATURITIES TRUST
Xxxxxx Target Maturities Trust: 2000 January 15, 1998
Xxxxxx Target Maturities Trust: 2005 January 15, 1998
Xxxxxx Target Maturities Trust: 2010 January 15, 1998
Xxxxxx Target Maturities Trust: 2015 January 15, 1998
Xxxxxx Target Maturities Trust: 2020 January 15, 1998
Xxxxxx Target Maturities Trust: 2025 January 15, 1998
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
American Century VP Advantage January 15, 1998
American Century VP Balanced January 15, 1998
American Century VP Capital Appreciation January 15, 1998
American Century VP International January 15, 1998
American Century VP Income & Growth January 15, 1998
American Century VP Value January 15, 1998
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund January 15, 1998
Twentieth Century International Growth Fund January 15, 1998
Twentieth Century International Discovery Fund January 15, 1998
SCHEDULE B
Investor Class Funds
Fund Date of Agreement
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
Xxxxxx California Municipal Money Market Fund January 15, 1998
Xxxxxx California High-Yield Municipal Fund January 15, 0000
Xxxxxx Xxxxxxxxxx Tax-Free Money Market Fund January 15, 1998
Xxxxxx California Limited Term Tax-Free Fund January 15, 1998
Xxxxxx California Intermediate-Term Tax-Free Fund January 15, 1998
Xxxxxx California Long-Term Tax-Free Fund January 15, 1998
Xxxxxx California Insured Tax-Free Fund January 15, 1998
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund1 January 15, 1998
American Century Real Estate Fund1 January 15, 1998
American Century Value Fund1 January 15, 1998
American Century Small Cap Value Fund1 July 30, 1998
AMERICAN CENTURY GOVERNMENT INCOME TRUST
Xxxxxx Short-Term Treasury Fund1 January 15, 1998
Xxxxxx Intermediate-Term Treasury Fund1 January 15, 1998
Benham Long-Term Treasury Fund1 January 15, 1998
Xxxxxx Government Agency Money Market Fund1 January 15, 1998
Xxxxxx Short-Term Government Fund1 January 15, 1998
Xxxxxx GNMA Fund1 January 15, 1998
Xxxxxx Inflation-Adjusted Treasury Fund1 January 15, 1998
Xxxxxx Capital Preservation Fund January 15, 1998
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
Xxxxxx International Bond Fund1 January 15, 1998
AMERICAN CENTURY INVESTMENT TRUST
Xxxxxx Prime Money Market Fund1 June 1, 1998
AMERICAN CENTURY MUNICIPAL TRUST
Xxxxxx Arizona Intermediate-Term Municipal Fund January 15, 1998
Xxxxxx Florida Municipal Money Market Fund January 15, 1998
Xxxxxx Florida Intermediate-Term Municipal Fund January 15, 1998
Xxxxxx Tax-Free Money Market Fund January 15, 1998
Xxxxxx Intermediate-Term Tax-Free Fund January 15, 1998
Benham Long-Term Tax-Free Fund January 15, 1998
Xxxxxx Limited-Term Tax-Free Fund January 15, 1998
Xxxxxx High-Yield Municipal Fund March 31, 1998
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund1 January 15, 1998
Xxxxxx Cash Reserve Fund1 January 15, 1998
Twentieth Century Growth Fund1 January 15, 1998
Twentieth Century Heritage Fund1 January 15, 1998
Xxxxxx Intermediate-Term Bond Fund1 January 15, 1998
Xxxxxx Limited-Term Bond Fund1 January 15, 1998
Xxxxxx Xxxx Fund1 January 15, 1998
Twentieth Century Select Fund1 January 15, 1998
Twentieth Century Ultra Fund1 January 15, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund1 January 15, 1998
Twentieth Century Giftrust January 15, 1998
Twentieth Century New Opportunities Fund January 15, 1998
Xxxxxx High Yield Fund
AMERICAN CENTURY PREMIUM RESERVES, INC.
Xxxxxx Premium Government Reserve Fund January 15, 1998
Xxxxxx Premium Capital Reserve Fund January 15, 1998
Xxxxxx Premium Bond Fund January 15, 1998
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
American Century Equity Growth Fund1 January 15, 1998
American Century Income & Growth Fund1 January 15, 1998
American Century Global Gold Fund1 January 15, 1998
American Century Global Natural Resources Fund1 January 15, 1998
American Century Utilities Fund1 January 15, 1998
American Century Small Cap Quantitative Fund1 July 30, 1998
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive1 January 15, 1998
American Century Strategic Allocation: Conservative1 January 15, 1998
American Century Strategic Allocation: Moderate1 January 15, 1998
AMERICAN CENTURY TARGET MATURITIES TRUST
Xxxxxx Target Maturities Trust: 20001 January 15, 1998
Xxxxxx Target Maturities Trust: 20051 January 15, 1998
Xxxxxx Target Maturities Trust: 20101 January 15, 1998
Xxxxxx Target Maturities Trust: 20151 January 15, 1998
Xxxxxx Target Maturities Trust: 20201 January 15, 1998
Xxxxxx Target Maturities Trust: 20251 January 15, 1998
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
American Century VP Advantage January 15, 1998
American Century VP Balanced January 15, 1998
American Century VP Capital Appreciation January 15, 1998
American Century VP International January 15, 1998
American Century VP Income & Growth January 15, 1998
American Century VP Value January 15, 1998
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund1 January 15, 1998
Twentieth Century International Growth Fund1 January 15, 1998
Twentieth Century International Discovery Fund1 January 15, 1998
SCHEDULE C
Institutional Class Funds
Fund Date of Agreement
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund January 15, 1998
American Century Real Estate Fund January 15, 1998
American Century Value Fund January 15, 1998
American Century Small Cap Value Fund July 30, 1998
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund January 15, 1998
Twentieth Century Growth Fund January 15, 1998
Twentieth Century Heritage Fund January 15, 1998
Twentieth Century Select Fund January 15, 1998
Twentieth Century Ultra Fund January 15, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund January 15, 1998
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
American Century Equity Growth Fund January 15, 1998
American Century Income & Growth Fund January 15, 1998
American Century Small Cap Quantitative Fund July 30, 1998
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund January 15, 1998
Twentieth Century International Growth Fund January 15, 1998
Twentieth Century International Discovery Fund January 15, 1998
SCHEDULE D
Service Class Funds
Fund Date of Agreement
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund January 15, 1998
American Century Real Estate Fund January 15, 1998
American Century Value Fund January 15, 1998
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund January 15, 1998
Xxxxxx Cash Reserve Fund January 15, 1998
Twentieth Century Growth Fund January 15, 1998
Twentieth Century Heritage Fund January 15, 1998
Xxxxxx Intermediate-Term Bond Fund January 15, 1998
Xxxxxx Limited-Term Bond Fund January 15, 1998
Xxxxxx Xxxx Fund January 15, 1998
Twentieth Century Select Fund January 15, 1998
Twentieth Century Ultra Fund January 15, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund January 15, 1998
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive January 15, 1998
American Century Strategic Allocation: Conservative January 15, 1998
American Century Strategic Allocation: Moderate January 15, 1998
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund January 15, 1998
Twentieth Century International Growth Fund January 15, 1998
Twentieth Century International Discovery Fund January 15, 1998
SCHEDULE E
Advisor Class Funds
Fund Date of Agreement
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund January 15, 1998
American Century Value Fund January 15, 1998
American Century Real Estate Fund January 15, 1998
American Century Small Cap Value Fund July 30, 1998
AMERICAN CENTURY GOVERNMENT INCOME TRUST
Xxxxxx Short-Term Treasury Fund January 15, 1998
Xxxxxx Intermediate-Term Treasury Fund January 15, 1998
Benham Long-Term Treasury Fund January 15, 1998
Xxxxxx Government Agency Money Market Fund January 15, 1998
Xxxxxx Short-Term Government Fund January 15, 0000
Xxxxxx XXXX Fund January 15, 1998
Xxxxxx Inflation-Adjusted Treasury Fund January 15, 1998
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
Xxxxxx International Bond Fund January 15, 1998
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund January 15, 1998
Xxxxxx Cash Reserve Fund January 15, 1998
Twentieth Century Growth Fund January 15, 1998
Twentieth Century Heritage Fund January 15, 1998
Xxxxxx Intermediate-Term Bond Fund January 15, 1998
Xxxxxx Limited-Term Bond Fund January 15, 1998
Xxxxxx Xxxx Fund January 15, 1998
Twentieth Century Select Fund January 15, 1998
Twentieth Century Ultra Fund January 15, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund January 15, 1998
Xxxxxx High Yield Fund
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
American Century Equity Growth Fund January 15, 1998
American Century Income & Growth Fund January 15, 1998
American Century Global Gold Fund January 15, 1998
American Century Global Natural Resources Fund January 15, 1998
American Century Utilities Fund January 15, 1998
American Century Small Cap Quantitative Fund July 30, 1998
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive January 15, 1998
American Century Strategic Allocation: Conservative January 15, 1998
American Century Strategic Allocation: Moderate January 15, 1998
AMERICAN CENTURY TARGET MATURITIES TRUST
Xxxxxx Target Maturities Trust: 2000 January 15, 1998
Xxxxxx Target Maturities Trust: 2005 January 15, 1998
Xxxxxx Target Maturities Trust: 2010 January 15, 1998
Xxxxxx Target Maturities Trust: 2015 January 15, 1998
Xxxxxx Target Maturities Trust: 2020 January 15, 1998
Xxxxxx Target Maturities Trust: 2025 January 15, 1998
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund January 15, 1998
Twentieth Century International Growth Fund January 15, 1998
Twentieth Century International Discovery Fund January 15, 1998
AMERICAN CENTURY INVESTMENT TRUST
Xxxxxx Prime Money Market Fund June 1, 1998
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1 Multiple Classes of Shares
