SUB-ITEM 77Q1(E)
SECOND AMENDED AND RESTATED
MEMORANDUM OF AGREEMENT
This Second Amended and Restated Memorandum of Agreement is entered
into as of the dates indicated on Exhibit "A" between AIM Counselor Series
Trust, AIM Equity Funds, AIM Funds Group, AIM Growth Series, AIM International
Mutual Funds, AIM Investment Funds, AIM Investment Securities Funds, AIM Sector
Funds, AIM Stock Funds, AIM Summit Fund, AIM Tax-Exempt Funds, AIM Treasurer's
Series Trust, AIM Variable Insurance Funds, Short-Term Investments Trust and
Tax-Free Investments Trust (each a "Fund" and collectively, the "Funds"), on
behalf of the portfolios listed on Exhibit "A" to this Memorandum of Agreement
(the "Portfolios"), and A I M Advisors, Inc. ("AIM"). This Memorandum of
Agreement restates the Memorandum of Agreement previously in effect prior to
March 9, 2007 and entered into as of the effective dates indicated on Exhibit
"A" between AIM Equity Funds, AIM Floating Rate Fund, AIM Funds Group, AIM
Growth Series, AIM International Mutual Funds, AIM Investment Funds, AIM
Investment Securities Funds, AIM Select Real Estate Income Fund, AIM Summit
Fund, AIM Tax-Exempt Funds, AIM Variable Insurance Funds, Short-Term Investments
Trust and Tax-Free Investments Trust, on behalf of the portfolios listed on
Exhibit "A" to this Memorandum of Agreement, and AIM.
For and in consideration of the mutual terms and agreements set forth
herein and other good and valuable consideration, the receipt and sufficiency of
which is hereby acknowledged, the Funds and AIM agree as follows:
1. Each Fund, for itself and its Portfolios, and AIM agree that until
the expiration date, if any, of the commitment set forth on the
attached Exhibit "A" occurs, as such Exhibit "A" is amended from
time to time, AIM will not charge any administrative fee under each
Portfolio's advisory agreement in connection with securities lending
activities.
2. Neither a Fund nor AIM may remove or amend the fee waivers to a
Fund's detriment prior to requesting and receiving the approval of
the Portfolio's Board to remove or amend such fee waiver as
described on the attached Exhibit "A". AIM will not have any right
to reimbursement of any amount so waived.
Unless a Fund, by vote of its Board of Trustees, or AIM terminates the
fee waiver, or a Fund and AIM are unable to reach an agreement on the amount of
the fee waiver to which the Fund and AIM desire to be bound, the fee waiver will
continue indefinitely with respect to such Fund. Exhibit "A" will be amended to
reflect the new date through which a Fund and AIM agree to be bound.
Nothing in this Memorandum of Agreement is intended to affect any other
memorandum of agreement executed by any Fund or AIM with respect to any other
fee waivers, expense reimbursements and/or expense limitations.
IN WITNESS WHEREOF, each Fund, on behalf of itself and its Portfolios
listed in Exhibit "A" to this Memorandum of Agreement, and AIM have entered into
this Memorandum of Agreement as of the dates indicated on Exhibit "A".
AIM COUNSELOR SERIES
TRUST AIM EQUITY
FUNDS AIM FUNDS
GROUP AIM GROWTH
SERIES AIM
INTERNATIONAL MUTUAL
FUNDS AIM INVESTMENT
FUNDS AIM INVESTMENT
SECURITIES FUNDS AIM
SECTOR FUNDS AIM
STOCK FUNDS AIM
placeCitySUMMIT FUND
AIM TAX-EXEMPT FUNDS
AIM VARIABLE
INSURANCE FUNDS
By: /s/ Xxxx X. Xxxx
--------------------------------
Title: Senior Vice President
--------------------------------
AIM TREASURER'S SERIES TRUST
SHORT-TERM INVESTMENTS TRUST
TAX-FREE INVESTMENTS TRUST
By: /s/ Xxxxx Xxxx Xxxxxx
--------------------------------
Title: President
--------------------------------
A I M ADVISORS, INC.
By: /s/ Xxxx X. Xxxx
--------------------------------
Title: Senior Vice President
--------------------------------
EXHIBIT "A"
AIM COUNSELOR SERIES TRUST
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL*
--------- -------------- ---------------
AIM Advantage Health Sciences Fund November 25, 2003
AIM Floating Rate Fund April 14, 2006
AIM Multi-Sector Fund November 25, 2003
AIM Select Real Estate Income Fund March 9, 2007
AIM Structured Core Fund March 31, 2006
AIM Structured Growth Fund March 31, 2006
AIM Structured Value Fund March 31, 2006
AIM EQUITY FUNDS
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL*
--------- -------------- ---------------
AIM Capital Development Fund June 21, 2000
AIM Charter Fund June 21, 2000
AIM Constellation Fund June 21, 2000
AIM Diversified Dividend Fund December 28, 2001
AIM Large Cap Basic Value Fund June 21, 2000
AIM Large Cap Growth Fund June 21, 2000
AIM FUNDS GROUP
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM Basic Balanced Fund September 28, 2001
AIM European Small Company Fund August 30, 2000
AIM Global Value Fund December 27, 2000
AIM International Small Company Fund August 30, 2000
AIM Mid Cap Basic Value Fund December 27, 2001
AIM Select Equity Fund June 1, 2000
AIM Small Cap Equity Fund August 30, 2000
AIM GROWTH SERIES
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM Basic Value Fund June 5, 2000
AIM Global Equity Fund September 1, 2001
AIM Mid Cap Core Equity Fund September 1, 2001
AIM Small Cap Growth Fund September 11, 2000
* Committed until the Company or AIM requests and receives the approval
of the Company's Board to remove or amend such fee waiver. Such
commitments are evergreen until amended and apply to each Fund
** Effective March 9, 2007, AIM Select Real Estate Income Fund, formerly
the sole series of AIM Select Real Estate Income Fund, was restructured
as a series of AIM Counselor Series Trust.
AIM INTERNATIONAL MUTUAL FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM placeAsia Pacific Growth Fund June 21, 2000
AIM European Growth Fund June 21, 2000
AIM Global Aggressive Growth Fund June 21, 2000
AIM Global Growth Fund June 21, 2000
AIM International Growth Fund June 21, 2000
AIM International Core Equity Fund November 25, 2003
AIM INVESTMENT FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM country-regionplaceChina Fund March 31, 2006
AIM Developing Markets Fund September 1, 2001
AIM Global Health Care Fund September 1, 2001
AIM International Total Return Fund March 31, 2006
AIM country-regionplaceJapan Fund March 31, 2006
AIM LIBOR Alpha Fund March 31, 2006
AIM Trimark Endeavor Fund November 4, 2003
AIM Trimark Fund November 4, 2003
AIM Trimark Small Companies Fund November 4, 2003
AIM INVESTMENT SECURITIES FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM Global Real Estate Fund April 29, 2005
AIM High Yield Fund June 1, 2000
AIM Income Fund June 1, 2000
AIM Intermediate Government Fund June 1, 2000
AIM Limited Maturity Treasury Fund June 1, 2000
AIM Money Market Fund June 1, 2000
AIM Municipal Bond Fund June 1, 2000
AIM Real Estate Fund September 11, 2000
AIM Short Term Bond Fund August 29, 2002
AIM Total Return Bond Fund December 28, 2001
* Committed until the Company or AIM requests and receives the approval
of the Company's Board to remove or amend such fee waiver. Such
commitments are evergreen until amended and apply to each Fund.
AIM SECTOR FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM Energy Fund November 25, 2003
AIM Financial Services Fund November 25, 2003
AIM Gold & Precious Metals Fund November 25, 2003
AIM Leisure Fund November 25, 2003
AIM Technology Fund November 25, 2003
AIM Utilities Fund November 25, 2003
AIM STOCK FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM Dynamics Fund November 25, 2003
AIM S&P 500 Index Fund November 25, 2003
AIM CITYPLACESUMMIT FUND
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM CityplaceSummit Fund July 24, 2000
AIM TAX-EXEMPT FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM High Income Municipal Fund June 1, 2000
AIM Tax-Exempt Cash Fund June 1, 2000
AIM Tax-Free Intermediate Fund June 1, 2000
AIM TREASURER'S SERIES TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
Premier Portfolio November 25, 2003
Premier Tax-Exempt Portfolio November 25, 2003
Premier country-regionplaceU.S. Government Money November 25, 2003
Portfolio
AIM VARIABLE INSURANCE FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
AIM V.I. Basic Balanced Fund May 1, 2000
AIM V.I. Basic Value Fund September 10, 2001
AIM V.I. Capital Appreciation Fund May 1, 2000
AIM V.I. Capital Development Fund May 1, 2000
AIM V.I. Core Equity Fund May 1, 2000
AIM V.I. Diversified Income Fund May 1, 2000
AIM V.I. Dynamics Fund April 30, 2004
AIM V.I. Financial Services Fund April 30, 2004
AIM V.I. Global Health Care Fund April 30, 2004
AIM V.I. Global Real Estate Fund April 30, 2004
AIM V.I. Government Securities Fund May 1, 2000
AIM V.I. High Yield Fund May 1, 2000
AIM V.I. International Growth Fund May 1, 2000
AIM V.I. Large Cap Growth Fund September 1, 2003
AIM X.X. Xxxxxxx Xxxx Xxxxx 00, 0000
AIM V.I. Mid Cap Core Equity Fund September 10, 2001
AIM V.I. Money Market Fund May 1, 2000
AIM V.I. Small Cap Equity Fund September 1, 2003
AIM V.I. Small Cap Growth Fund April 30, 2004
AIM V.I. Technology Fund April 30, 2004
AIM V.I. Utilities Fund April 30, 2004
SHORT-TERM INVESTMENTS TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
Government & Agency Portfolio June 1, 2000
Government TaxAdvantage Portfolio June 1, 2000
Treasury Portfolio June 1, 2000
Liquid Assets Portfolio June 1, 2000
STIC Prime Portfolio June 1, 2000
TAX-FREE INVESTMENTS TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- -------------- ---------------
Tax-Free Cash Reserve Portfolio June 1, 2000
* Committed until the Company or AIM requests and receives the approval
of the Company's Board to remove or amend such fee waiver. Such
commitments are evergreen until amended and apply to each Fund.
* Committed until the Company or AIM requests and receives the approval
of the Company's Board to remove or amend such fee waiver. Such
commitments are evergreen until amended and apply to each Fund.
