AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT
American Century Mutual Funds, Inc.
AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT
THIS AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT (“Amendment”) is effective as of the 30th day of September, 2015, by and between AMERICAN CENTURY ASSET ALLOCATION PORTFOLIOS, INC., a Maryland corporation (hereinafter called the “Company”), and AMERICAN CENTURY INVESTMENT MANAGEMENT, INC., a Delaware corporation (hereinafter called the “Investment Manager”).
WHEREAS, the Company and the Investment Manager are parties to a certain Management Agreement effective as of March 30, 2011 (“Agreement”); and
WHEREAS, the parties hereto desire to enter into this Amendment to reflect the name change of one series of shares, and the addition of a new series of shares named One Choice 2060 Portfolio.
NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements herein contained, the parties agree as follows:
1. Amendment of Schedule A. Schedule A to the Agreement is hereby amended by deleting it in its entirety and inserting in lieu therefor the Schedule A attached hereto.
2. Ratification and Confirmation of Agreement. In the event of a conflict between the terms of this Amendment and the Agreement, it is the intention of the parties that the terms of this Amendment shall control and the Agreement shall be interpreted on that basis. To the extent the provisions of the Agreement have not been amended by this Amendment, the parties hereby confirm and ratify the Agreement.
3. Full Force and Effect. Except as expressly supplemented, amended or consented to hereby, all of the representations, warranties, terms, covenants and conditions of the Agreement shall remain unamended and shall continue to be in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly executed by their respective duly authorized officers to be effective as of the day and year first above written.
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. | |
/s/ Xxxx X. Xxxxx | /s/ Xxxxxxx X. Xxxxxxxxxxx |
Xxxx X. Cowan Vice President | Xxxxxxx X. Etherington Senior Vice President |
American Century Asset Allocation Portfolios, Inc. Schedule A: Fee Schedules
Schedule A
Fee Schedules
Administrative Fee Schedule by Class | |||||
Fund | Investor | Institutional | A | C | R |
One Choice 2055 Portfolio | 0.20% | 0.00% | 0.20% | 0.20% | 0.20% |
One Choice 2060 Portfolio | 0.20% | 0.00% | 0.20% | 0.20% | 0.20% |
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