[AIM INVESTMENTS LOGO APPEARS HERE] MASTER RELATED AGREEMENT TO
--Registered Trademark-- AMENDED AND RESTATED
MASTER DISTRIBUTION PLAN
(COMPENSATION)
(INVESTOR CLASS SHARES)
This Master Related Agreement (the "Agreement") is entered into in accordance
with Rule 12b-1 under the Investment Company Act of 1940, as amended (the "1940
Act") by each registered investment company, listed in Schedule A to this
Agreement (each individually referred to as a "Fund", or collectively, "Funds"),
severally, on behalf of each of the series of common stock or beneficial
interest, as the case may be, set forth in Schedule A to this Agreement (each, a
"Portfolio" ), with respect to the Investor Class Shares of each such Portfolio
listed on Schedule A. This Agreement, being made between A I M Distributors,
Inc. ("Distributors") and each Fund, on behalf of each applicable Portfolio,
defines the services to be provided by Distributors, or its designees, for which
it is to receive payments pursuant to the Amended and Restated Master
Distribution Plan (Investor Class Shares) (the "Plan") adopted by each of the
Funds. The Plan has been approved by a majority of the directors/trustees
("Trustees") of each of the Funds, including a majority of the Trustees who have
no direct or indirect financial interest in the operation of the Plan or this
Agreement (the "Dis-Interested Trustees"), by votes cast in person at a meeting
called for the purpose of voting on the Plan.
1. a. Distributors may use payments received pursuant to Paragraph 2 of this
Agreement to provide continuing personal shareholder services to
customers who may, from time to time, directly or beneficially own shares
of the Funds. Continuing personal shareholder services may include but
are not limited to, distributing sales literature to customers, answering
routine customer inquiries regarding the Funds, assisting customers in
changing dividend options, account designations and addresses, and in
enrolling in any of several special investment plans offered in
connection with the purchase of the Funds' shares, assisting customers in
the establishment and maintenance of customer accounts and records and in
the placement of purchase and redemption transactions, assisting
customers in investing dividends and capital gains distributions
automatically in shares, and providing such other services as the Funds
or the customer may reasonably request and Distributors agrees to
provide. Distributors will not be obligated to provide services which are
provided by a transfer agent for a Fund with respect to a Portfolio.
b. Distributors may also use the payments received pursuant to Paragraph
2 of this Agreement for distribution-related services. As used in this
Agreement, "distribution-related services" shall mean any activity which
is primarily intended to result in the sale of the Shares, including, but
not limited to, organizing and conducting sales seminars, implementing
advertising programs, engaging finders and paying finders fees, printing
prospectuses and statements of additional information (and supplements
thereto) and annual and semi-annual reports for other than existing
shareholders, preparing and distributing advertising material and sales
literature, making supplemental payments to dealers and other
institutions as asset-based sales charges, and administering the Plan.
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c. Distributors may provide the services described in paragraphs a. and
b. above either directly or through third parties (its "designees").
2. For the services provided by Distributors or its designees pursuant to
this Agreement, each Fund shall pay Distributors a fee, calculated at the
end of each month at the annual rate set forth in Schedule A, or such
lesser rate as shall be agreed to by Distributors, as applied to the
average net asset value of the shares of such Fund purchased or acquired
through exchange on or after the Plan Calculation Date shown for such
Fund on Schedule A.
3. The total of the fees calculated for all of the Funds listed on Schedule
A for any period with respect to which calculations are made shall be
paid to Distributors within 10 days after the close of each month.
4. Distributors shall furnish the Funds with such information as shall
reasonably be requested by the Trustees of the Funds with respect to the
fees paid to Distributors pursuant to this Agreement.
5. Distributors shall furnish the Trustees of the Funds, for their review on
a quarterly basis, a written report of the amounts expended under the
Plan and the purposes for which such expenditures were made.
6. Distributors may enter into other similar Master Related Agreements with
any other investment company without a Fund's consent.
7. This Agreement shall become effective immediately upon its approval by a
majority of the Trustees of each of the Funds, including a majority of
the Dis-Interested Trustees, by votes cast in person at a meeting called
for the purpose of voting on the Plan and this Agreement.
8. This Agreement shall continue in full force and effect as long as the
continuance of the Plan and this Agreement are approved at least annually
by a vote of the Trustees, including a majority of the Dis-Interested
Trustees, cast in person at a meeting called for the purpose of voting
thereon.
9. This Agreement may be terminated with respect to any Fund at any time
without payment of any penalty by the vote of a majority of the Trustees
of such Fund who are Dis-interested Trustees or by a vote of a majority
of the Fund's outstanding shares, on sixty (60) days' written notice. It
will be terminated by any act which terminates the Fund's Plan, and in
any event, it shall terminate automatically in the event of its
assignment as that term is defined in the 1940 Act.
10. This Agreement may be amended by mutual written agreement of the parties.
11. All communications should be sent to the address of each xxxxxx as shown
at the bottom of this Agreement.
12. This Agreement shall be construed in accordance with the laws of the
State of Texas.
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A I M DISTRIBUTORS, INC.
By:
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Name:
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Title:
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00 Xxxxxxxx Xxxxx, Xxxxx 000
Xxxxxxx, Xxxxx 00000-0000
Attn: President
EFFECTIVE [DATE]. FUND (LISTED IN SCHEDULE A)
on behalf of the Investor Class Shares of each
Portfolio listed on Schedule A
By:
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Name:
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Title:
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SCHEDULE "A" TO
RELATED AGREEMENT
Maximum Aggregate
Fund Fee Rate Plan Calculation Date
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AIM EQUITY FUNDS
AIM Blue Chip Fund Investor Shares 0.25 September 30, 2003
AIM Large Cap Basic Value Fund Investor Shares 0.25 September 30, 2003
AIM INTERNATIONAL MUTUAL FUNDS
AIM International Core Equity Fund Investor Shares 0.25 June 1, 2000
AIM SECTOR FUNDS
AIM Energy Fund Investor Shares 0.25 June 1, 2000
AIM Financial Services Fund Investor Shares 0.25 June 1, 2000
AIM Gold & Precious Metals Fund Investor Shares 0.25 June 1, 2000
AIM Health Sciences Fund Investor Shares 0.25 June 1, 2000
AIM Leisure Fund Investor Shares 0.25 June 1, 2000
AIM Utilities Fund Investor Shares 0.25 June 1, 2000
AIM STOCK FUNDS
AIM Mid Cap Stock Fund Investor Shares 0.25 September 3, 2002
AIM S&P 500 Index Fund Investor Shares 0.25 June 1, 2000
10/15/04
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