AMENDMENT NO. 11
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of July 1, 2007, amends the Master Investment
Advisory Agreement (the "Agreement"), dated June 5, 2000, between AIM Growth
Series, a Delaware statutory trust, and A I M Advisors, Inc., a Delaware
corporation.
WITNESSETH:
WHEREAS, the parties desire to amend the Agreement to permanently reduce
the advisory fee payable by AIM Basic Value Fund and AIM Global Equity Fund
effective July 1, 2007;
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
EFFECTIVE DATE
NAME OF FUND OF ADVISORY AGREEMENT
------------ ---------------------
AIM Basic Value Fund June 5, 2000
AIM Conservative Allocation Fund April 30, 2004
AIM Global Equity Fund November 4, 2003
AIM Growth Allocation Fund April 30, 2004
AIM Income Allocation Fund October 31, 2005
AIM Independence Now Fund January 31, 2007
AIM Independence 2010 Fund January 31, 2007
AIM Independence 2020 Fund January 31, 2007
AIM Independence 2030 Fund January 31, 2007
AIM Independence 2040 Fund January 31, 2007
AIM Independence 2050 Fund January 31, 2007
AIM International Allocation Fund October 31, 2005
AIM Mid Cap Core Equity Fund September 1, 2001
AIM Moderate Allocation Fund April 30, 2004
AIM Moderate Growth Allocation Fund April 29, 2005
AIM Moderately Conservative Allocation Fund April 29, 2005
AIM Small Cap Growth Fund September 11, 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 BASIC VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $250 million........ 0.695%
Next $250 million......... 0.67%
Next $500 million......... 0.645%
Next $1.5 billion......... 0.62%
Next $2.5 billion......... 0.595%
Next $2.5 billion......... 0.57%
Next $2.5 billion......... 0.545%
Over $10 billion.......... 0.52%
AIM GLOBAL EQUITY FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $250 million........ 0.80%
Next $250 million......... 0.78%
Next $500 million......... 0.76%
Next $1.5 billion......... 0.74%
Next $2.5 billion......... 0.72%
Next $2.5 billion......... 0.70%
Next $2.5 billion......... 0.68%
Over $10 billion.......... 0.66%
2
AIM MID CAP CORE EQUITY FUND
AIM SMALL CAP GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $500 million........ 0.725%
Next $500 million......... 0.70%
Next $500 million......... 0.675%
Over $1.5 billion......... 0.65%
AIM CONSERVATIVE ALLOCATION FUND
AIM GROWTH ALLOCATION FUND
AIM INCOME ALLOCATION FUND
AIM INDEPENDENCE NOW FUND
AIM INDEPENDENCE 2010 FUND
AIM INDEPENDENCE 2020 FUND
AIM INDEPENDENCE 2030 FUND
AIM INDEPENDENCE 2040 FUND
AIM INDEPENDENCE 2050 FUND
AIM INTERNATIONAL ALLOCATION FUND
AIM MODERATE ALLOCATION FUND
AIM MODERATE GROWTH ALLOCATION FUND
AIM MODERATELY CONSERVATIVE ALLOCATION FUND
These thirteen funds do not pay an advisory fee."
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 GROWTH SERIES
Attest: /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxx X. Xxxx
----------------------------- ------------------------------------
Assistant Secretary Xxxx X. Xxxx
Senior Vice President
(SEAL)
A I M ADVISORS, INC.
Attest: /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxx X. Xxxx
----------------------------- ------------------------------------
Assistant Secretary Xxxx X. Xxxx
Senior Vice President
(SEAL)
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