American Century Capital Portfolios, Inc.
AMENDMENT TO INVESTMENT SUBADVISORY AGREEMENT
THIS AMENDMENT is made as of the 1st day of January, 2007, by and among AMERICAN CENTURY CAPITAL
PORTFOLIOS, INC., a Maryland corporation ("ACCP"), acting on behalf of American Century Real Estate Fund
(the "ACRE Fund"), a series of shares of ACCP, AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. ("ACIM"), a
Delaware corporation, and X.X. XXXXXX INVESTMENT MANAGEMENT INC. (the "Subadvisor"), a Delaware
corporation.
WHEREAS, ACCP, ACIM and the Subadvisor are parties to a to an Investment Subadvisory Agreement
dated January 1, 2000 ("Agreement"); and
WHEREAS, the parties hereto have agreed to modify the management fee paid to the Subadvisor in
consideration of its services rendered to the ACRE Fund as provided in the Agreement.
NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements herein contained, the
parties agree as follows:
1. Revised Fee Schedule. Sections 8(a) and 8(b) of the Agreement are hereby deleted in
their entirety and the following is substituted in lieu thereof:
(a) In consideration of the services rendered pursuant to this Agreement, ACIM will pay
the Subadvisor a per annum management fee (the "Applicable Fee") as follows:
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Name of Series Aggregate Net Assets of Series Applicable Fee Rate
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American Century Real Estate Fund First $500 million 0.425%
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Next $500 million 0.400%
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Next $1.250 billion 0.350%
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Over $2.250 billion 0.330%
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(b) On the fifth business day of each month, ACIM shall pay the Subadvisor the Applicable
Fee for the previous month. The Applicable Fee for the previous month shall be
calculated by (i) taking the sum of the amounts determined by applying the Applicable
Fee Rates in the table above to the applicable portions of the aggregate average daily
closing value of the net assets of all classes of the ACRE Fund during the previous
month; multiplied by (ii) a fraction, the numerator of which shall be the number of
days in the previous month, and the denominator of which shall be 365 (366 in leap
years).
2. Counterparts. This Amendment may be executed in two or more counterparts, each of
which shall be an original and all of which together shall constitute one instrument.
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 unchanged and continue to be in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their
officers designated below effective as of the day and year first written above.
X.X. XXXXXX INVESTMENT AMERICAN CENTURY CAPITAL
MANAGEMENT INC. PORTFOLIOS, INC.
By: /s/ Xxxxxxxx X. Azva By: /s/ Xxxxxxx X. Xxxxxxxxxxx
Name: Xxxxxxxx X. Azva Name: Xxxxxxx X. Xxxxxxxxxxx
Title: Vice President Title: Senior Vice President
AMERICAN CENTURY
INVESTMENT
MANAGEMENT, INC.
By: /s/ Xxxxxxx X. Xxxxxxxxxxx
Name: Xxxxxxx X. Xxxxxxxxxxx
Title: Senior Vice President
