Sub-Item 77Q1(e)
THIRD AMENDED AND RESTATED
MEMORANDUM OF AGREEMENT
(SECURITIES LENDING WAIVER)
This Third 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 July 1, 2007
and entered into as of the effective 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 Variable Insurance Funds, AIM Treasurer's Series Trust, Short-Term
Investments Trust and Tax-Free Investments Trust, on behalf of the portfolios
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 has agreed that it will not charge any administrative fee under
each Portfolio's advisory agreement in connection with securities
lending activities without prior approval from the Portfolio's Board
(such agreement is referred to as the "Waiver").
2. Neither a Fund nor AIM may remove or amend the Waiver to a Fund's
detriment prior to requesting and receiving the approval of the
Portfolio's Board to remove or amend the Waiver. AIM will not have any
right to reimbursement of any amount so waived.
Unless a Fund, by vote of its Board of Trustees terminates the Waiver, or a
Fund and AIM are unable to reach an agreement on the amount of the Waiver to
which the Fund and AIM desire to be bound, the 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 SUMMIT 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 X. Xxxxxx
------------------------------------
Title: President
A I M ADVISORS, INC.
By: /s/ Xxxx X. Xxxx
------------------------------------
Title: Senior Vice President
2
EXHIBIT "A"
AIM COUNSELOR SERIES TRUST
PORTFOLIO EFFECTIVE DATE COMMITTED UNTIL*
--------- ------------------ ----------------
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 Fund or AIM requests and receives the approval of the
Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-1
AIM INTERNATIONAL MUTUAL FUNDS
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
AIM Asia 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 China Fund March 31, 2006
AIM Developing Markets Fund September 1, 2001
AIM Global Health Care Fund September 1, 2001
AIM International Total Return Xxxx Xxxxx 00, 0000
XXX Xxxxx 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 Fund or AIM requests and receives the approval of the
Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-2
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 SUMMIT FUND
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
AIM Summit 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 U.S. Government Money November 25, 2003
Portfolio
* Committed until the Fund or AIM requests and receives the approval of the
Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-3
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. 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
Liquid Assets Portfolio June 1, 2000
STIC Prime Portfolio June 1, 2000
Treasury Portfolio June 1, 2000
TAX-FREE INVESTMENTS TRUST
FUND EFFECTIVE DATE COMMITTED UNTIL*
---- ------------------ ----------------
Tax-Free Cash Reserve Portfolio June 1, 2000
* Committed until the Fund or AIM requests and receives the approval of the
Fund's Board to remove or amend such fee waiver. Such commitments are
evergreen until amended and apply to each Portfolio of a Fund.
A-4
