AMENDMENT NO. 5
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of September 15, 2004, amends the Master Investment
Advisory Agreement (the "Agreement"); dated June 21, 2000, between AIM Equity
Funds, a Delaware statutory trust, and A I M Advisors, Inc., a Delaware
corporation.
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to change the name of
portfolio, AIM Basic Value II Fund to AIM Select Basic Value Fund.
NOW, THEREFORE, the parties agree as follows;
1. Appendix A and Appendix B to the Agreement are hereby deleted in their
entirety and replaced with the following:
"APPENDIX A
FUNDS AND EFFECTIVE DATES
NAME OF FUND EFFECTIVE DATE OF ADVISORY AGREEMENT
AIM Aggressive Growth Fund June 1, 2000
AIM Blue Chip Fund June 1, 2000
AIM Capital Development Fund June 1, 2000
AIM Charter Fund June 1, 2000
AIM Constellation Fund June 1, 2000
AIM Core Strategies Fund December 28, 2001
AIM Dent Demographic Trends Fund June 1, 2000
AIM Diversified Dividend Fund December 28, 2001
AIM Emerging Growth Fund June 1, 2000
AIM Large Cap Basic Value Fund June 1, 2000
AIM Large Cap Growth Fund June 1, 2000
AIM Mid Cap Growth Fund June 1, 2000
AIM Select Basic Value Fund August 29, 2002
AIM U.S. Growth Fund August 29, 2002
AIM Xxxxxxxxxx Fund June 1, 0000
XXXXXXXX X
COMPENSATION TO THE ADVISOR
The Trust shall pay the Advisor, out of the assets of a Fund, as full
compensation for all services rendered, an advisory fee for such Fund set forth
below. Such fee shall be calculated by applying the following annual rates to
the average daily net assets of such Fund for the calendar year computed in the
manner used for the determination of the net asset value of shares of such Fund.
AIM AGGRESSIVE GROWTH FUND
NET ASSETS ANNUAL RATE
First $150 million.................................................. 0.80%
Over $150 million................................................... 0.625%
AIM BLUE CHIP FUND
AIM CAPITAL DEVELOPMENT FUND
NET ASSETS ANNUAL RATE
First $350 million.................................................. 0.75%
Over $350 million................................................... 0.625%
AIM CHARTER FUND
AIM CONSTELLATION FUND
NET ASSETS ANNUAL RATE
First $30 million................................................... 1.00%
Over $30 million to and including $150 million...................... 0.75%
Over $150 million................................................... 0.625%
AIM DENT DEMOGRAPHIC TRENDS FUND
NET ASSETS ANNUAL RATE
First $2 billion.................................................... 0.77%
Over $2 billion..................................................... 0.72%
2
AIM EMERGING GROWTH FUND
NET ASSETS ANNUAL RATE
First $1 billion................................................. 0.85%
Over $1 billion.................................................. 0.80%
AIM LARGE CAP BASIC VALUE FUND
NET ASSETS ANNUAL RATE
First $1 billion................................................. 0.60%
Over $1 billion to and including $2 billion...................... 0.575%
Over $2 billion.................................................. 0.55%
AIM CORE STRATEGIES FUND
AIM DIVERSIFIED DIVIDEND FUND
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AIM LARGE CAP GROWTH FUND
NET ASSETS ANNUAL RATE
First $1 billion.................................................. 0.75%
Over $1 billion to and including $2 billion....................... 0.70%
Over $2 billion................................................... 0.625%
AIM MID CAP GROWTH FUND
NET ASSETS ANNUAL RATE
First $1 billion.................................................. 0.80%
Over $1 billion................................................... 0.75%
AIM SELECT BASIC VALUE FUND
AIM U.S. GROWTH FUND
NET ASSETS ANNUAL RATE
First $1 billion.................................................. 0.75%
Over $1 billion to and including $2 billion....................... 0.70%
Over $2 billion................................................... 0.65%
AIM XXXXXXXXXX FUND
NET ASSETS ANNUAL RATE
First $30 million................................................. 1.00%
Over $30 million to and including $350 million.................... 0.75%
Over $350 million................................................. 0.625%
2. In all other respects, the Agreement is hereby confirmed and remains in
full force and effect.
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by
their respective officers on the date first written above.
AIM EQUITY FUNDS
Attest: /s/ Xxxx X. Xxxx By: /s/ Xxxxxx X. Xxxxxx
------------------------ ---------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
A I M ADVISORS, INC.
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Attest: /s/ Xxxx X. Xxxx By: /s/ Xxxx X. Xxxxxxxxxx
------------------------ ---------------------------
Assistant Secretary Xxxx X. Xxxxxxxxxx
President
(SEAL)
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