EXHIBIT 99.d2
ASSIGNMENT AND ASSUMPTION AGREEMENT
This Agreement (hereinafter referred to as the "Assignment") is made effective
as of 12:04 a.m. eastern standard time on January 1, 2005, by and between
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC., a Delaware corporation (ACIM) and
AMERICAN CENTURY GLOBAL INVESTMENT MANAGEMENT, INC., a Delaware corporation
(ACGIM), and AMERICAN CENTURY WORLD MUTUAL FUNDS, INC., a Maryland corporation
(Corporation).
WHEREAS, ACIM entered into that certain Amended and Restated Management
Agreement, dated as of August 1, 2004 (the Management Agreement), with the
Corporation that designates ACIM as the investment manager for each class of
each series of shares of the Corporation as of the date thereof, and each class
of each subsequent series of shares of the Corporation that the Corporation
selects ACIM to manage;
WHEREAS, ACIM recently formed ACGIM as a wholly owned subsidiary of ACIM as part
of a corporate restructuring, and now the parties hereto desire to assign the
Management Agreement, as it relates to the investment management of each class
of those series of shares of the Corporation listed on SCHEDULE A hereto (the
Funds), to ACGIM;
WHEREAS, the assignment of the Management Agreement by ACIM to ACGIM pursuant to
this Assignment will not result in (a) a change of actual control or management
of the investment adviser to the Funds, (b) a material change in the nature or
the level of actual investment advisory and administrative services provided to
the Funds, (c) a change in the investment management personnel who manage the
Funds, and, therefore, is not an assignment for purposes of section 15(a)(4) of
the Investment Company Act of 1940;
NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements herein
contained, the parties to this Assignment agree as follows:
1. Effective January 1, 2005, ACGIM hereby assumes all rights, obligations,
responsibilities, and liabilities of ACIM under the Management Agreement
that relate to the Funds.
2. Effective January 1, 2005, ACIM is hereby released from all of its
obligations, responsibilities, and liabilities under the Management
Agreement that relate to the Funds.
3. Effective January 1, 2005, the Management Agreement, as it relates to the
Funds, shall have the same force and effect as if such agreement were
executed by ACGIM.
IN WITNESS WHEREOF, the parties hereto have caused this Assignment to be
executed by their respective duly authorized officers as of the effective date
above-written.
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC.
By: /s/ Xxx Xxxxxx
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Title: Vice President
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AMERICAN CENTURY GLOBAL INVESTMENT MANAGEMENT, INC.
By: /s/ Xxx X. Xxxxxx
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Title: Vice President
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AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
By: /s/ Xxxxxxxx X. Xxxxxx
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Title: Senior Vice President
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SCHEDULE A
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(Assignment and Assumption Agreement
dated January 1, 2005)
THE FUNDS:
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Emerging Markets
Global Growth Fund
International Discovery Fund
International Growth Fund
International Opportunities Fund
Life Sciences Fund
