AMERICAN FUNDS SHORT-TERM TAX-EXEMPT BOND FUND AMENDMENT OF SHAREHOLDER SERVICES AGREEMENT
AMENDMENT OF SHAREHOLDER SERVICES AGREEMENT
This Amendment to the Shareholder Services Agreement (the "Agreement") by and between American Funds Service Company (hereinafter, "AFS") and American Funds Short-Term Tax-Exempt Bond Fund (hereinafter, the "Fund") is dated as of the 1st day of October, 2009.
WHEREAS, AFS and the Fund entered into the Agreement with regard to certain shareholder services to be performed by AFS; and
WHEREAS, AFS and the Fund desire to amend said Agreement in the manner hereinafter set forth;
NOW THEREFORE, pursuant to Section 9 of the Agreement, AFS and the Fund hereby amend Section 6 of the Agreement to read as follows:
AFS will provide to the participating investment companies the shareholder services referred to herein in return for the following fees:
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Annual account maintenance fee (paid monthly):
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Fee per account (annual rate)
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Rate
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Broker controlled account (networked and street)
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$ 0.84
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Full service account
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$16.00
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No annual fee will be charged for a participant account underlying a 401(k) or other defined contribution plan where the plan maintains a single account on AFS’ books and responds to all participant inquiries.
AFS will xxxx the Fund monthly, on or shortly after the first of each calendar month, and the Fund will pay AFS within five business days of such billing.
Any revision of the schedule of charges set forth herein shall require the affirmative vote of a majority of the members of the board of trustees of the Fund.
IN WITNESS THEREOF, AFS and the Fund have caused this Amendment to be executed by their duly authorized officers effective as of the date first written above.
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AMERICAN FUNDS SHORT-TERM
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AMERICAN FUNDS
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TAX-EXEMPT BOND FUND
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SERVICE COMPANY
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BY:
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BY:
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Name: Xxxxxxxx X. Xxxxxxx
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Name: Xxxxxx X. Xxxxxxxx
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Title: Secretary
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Title: Secretary
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Date: December 16, 2009
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Date: December 16, 2009
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