Exhibit 24(b)(9)(b)
AMENDMENT NO. 7
TO
ADMINISTRATIVE SERVICES AGREEMENT
The Administrative Services Agreement between The AAL Mutual Funds and AAL
Advisors Inc. (n/k/a AAL Capital Management Corporation), effective July 1,
1990, as amended, is hereby further amended, effective January 8, 1997, as
follows:
1 . Schedule B attached to the Administrative Services Agreement is
amended to add The AAL High Yield Bond Fund. Schedule B, Effective as
of January 8, 1997, is attached hereto.
2. Pursuant to Section 2.1 of the Administrative Services Agreement,
the annual rate of payment for The AAL High Yield Bond Fund will be at
the annual rate of $_____ plus the actual costs of the pricing services
from unaffiliated parties.
IN WITNESS WHEREOF the parties hereto have caused this Amendment to be signed by
the respective officers effective as of January 8, 1997.
ATTEST: THE AAL MUTUAL FUNDS
By____________________________ By_____________________________
Xxxxxx X. Same, Secretary H. Xxxxxxx Xxxxxx, President
ATTEST: AAL CAPITAL MANAGEMENT
CORPORATION
By____________________________ By______________________________
Xxxxxx X. Same By H. Xxxxxxx Xxxxxx, President
SCHEDULE B
(Effective January 8, 1997)
The AAL Capital Growth Fund
The AAL Bond Fund
The AAL Municipal Bond Fund
The AAL Money Market Fund
The AAL U.S. Government Zero Coupon Target Fund, Series 2001
The AAL U.S. Government Zero Coupon Target Fund, Series 2006
The AAL Mid Cap Stock Fund (f/k/a The AAL Smaller Company Stock Fund)
The AAL Utilities Fund
The AAL International Fund
The AAL Small Cap Stock Fund
The AAL High Yield Bond Fund
