AMENDMENT TO SUB-ADVISORY AGREEMENT
This is an Amendment to the Sub-Advisory Agreement made and entered into
between INVESCO Trust Company, a Colorado corporation (the "Trust Company"), and
INVESCO Funds Group, Inc., a Delaware corporation ("IFG"), as of the 30th day of
April, 1993 (the "Sub- Agreement").
WHEREAS, IFG has entered into an Investment Advisory Agreement with the
INVESCO Income Funds, Inc. (the "Company"), pursuant to which IFG is required to
provide investment advisory services to specific Funds making up the Company,
and, upon receipt of written approval of the Company, is authorized to retain
companies which are affiliated with IFG to provide such services; and
WHEREAS, the Company and IFG desires to have the Trust Company perform
investment advisory services with respect to management of the assets of the
Company allocable to the INVESCO Short-Term Bond Fund of the Company, and the
Trust Company is willing and able to perform such services on the terms and
conditions set forth in the Sub-Agreement;
NOW, THEREFORE, in consideration of the premises and the mutual covenants
contained in the Sub-Agreement, it is agreed that the terms and conditions of
the Sub-Agreement shall be applicable to the Company's assets allocable to the
INVESCO Short-Term Bond Fund, to the same extent as if the INVESCO Short-Term
Bond Fund were to be added to the definition of "Portfolios" as utilized in the
SubAgreement, and that IFG shall pay the Trust Company a fee for services
provided to the INVESCO Short-Term Bond Fund by the Trust Company under the
Sub-Agreement based upon the average daily value of such Fund's net assets at
the following annual rates: 0.25% of the first $300 million of such Fund's
average net assets; 0.20% of the next $200 million of such Fund's average net
assets; and 0.15% of such Fund's average net assets in excess of $500 million.
IN WITNESS WHEREOF, the parties hereto have executed this Amendment to the
Sub-Agreement on this 29th day of September, 1993.
INVESCO TRUST COMPANY
By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇, Senior
Vice President
ATTEST:
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇, Secretary
(CORPORATE SEAL)
INVESCO FUNDS GROUP, INC.
By: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇
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▇▇▇ ▇. ▇▇▇▇▇▇, President
ATTEST:
/s/ ▇▇▇▇ ▇. ▇▇▇▇▇
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▇▇▇▇ ▇. ▇▇▇▇▇, Secretary
(CORPORATE SEAL)
