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EXHIBIT d(4)(d)
AMENDMENT NO. 3
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of July 15, 1999, amends the Master Investment
Advisory Agreement (the "Agreement"), dated February 28, 1997, between AIM
Equity Funds, Inc., a Maryland corporation, and A I M Advisors, Inc., a Delaware
corporation.
WITNESSETH:
WHEREAS, the parties desire to amend the Agreement to change the name of
AIM Growth and Income Fund to AIM Large Cap Basic Value Fund;
NOW, THEREFORE, the parties agree as follows;
1. Appendix A to the Agreement is hereby deleted in its entirety and
replaced with the following:
"APPENDIX A
TO
MASTER INVESTMENT ADVISORY AGREEMENT
OF
AIM EQUITY FUNDS, INC.
The Company shall pay the Advisor, out of the assets of a Fund, as full
compensation for all services rendered and all facilities furnished hereunder, a
management 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%
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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.................................................... 0.85%
Over $2 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 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 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.
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IN WITNESS WHEREOF, the parties have caused this Amendment to be executed
by their respective officers on the date first written above.
Dated: July 15, 1999
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AIM EQUITY FUNDS, INC.
Attest: /s/XXXX X. XXXX By: /s/XXXXXX X. XXXXXX
---------------------------- ------------------------------------
Assistant Secretary President
(SEAL)
A I M ADVISORS, INC.
Attest: /s/XXXX X. XXXX By: /s/XXXXXX X. XXXXXX
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Assistant Secretary President
(SEAL)
