EXHIBIT 99.(d)(iii)(B)
SUPPLEMENTAL TERMS AND CONDITIONS TO
THE ADMINISTRATIVE SERVICES AGREEMENT BETWEEN THE
AMERICAN AADVANTAGE FUNDS
AND
AMR INVESTMENT SERVICES, INC.
The attached amended Schedule A is hereby incorporated into the
Administrative Services Agreement ("Agreement") dated March 1, 2002 between the
American AAdvantage Funds and AMR Investment Services, Inc. To the extent that
there is any conflict between the terms and conditions of the Agreement and
these Supplemental Terms and Conditions ("Supplement"), this Supplement shall
govern.
Dated: May 13, 2003
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AMERICAN AADVANTAGE FUNDS
By:
-----------------------------------------
Xxxxx X. Xxxxxxxxx
Vice President and Assistant Secretary
AMR INVESTMENT SERVICES, INC.
By:
-----------------------------------------
Xxxxxxx X. Xxxxx
President
AMENDED
SCHEDULE A
TO THE
ADMINISTRATIVE SERVICES AGREEMENT
BETWEEN
AMERICAN AADVANTAGE FUNDS
AND
AMR INVESTMENT SERVICES, INC.
As compensation pursuant to section 3 of the Administrative Services
Agreement between American AAdvantage Funds (the "Trust") and AMR Investment
Services, Inc. ("AMR"), the Trust shall pay to AMR a fee, computed daily and
paid monthly, at the following annual rates as percentages of each Fund's
average daily net assets:
CLASS OF SHARES FUNDS FEE
----------------------------- -------------------------------------------- ----------------
AMR All 0.00%
Institutional International Equity Index, 0.05%
Small Cap Index and S&P 500 Index
All other non-Money Market Funds 0.25%
All Money Market Funds 0.10%
PlanAhead All non-Money Market Funds 0.25%
All Money Market Funds 0.10%
Platinum All 0.10%
Service All 0.25%
Dated: May 13, 2003