EXHIBIT h(1)(b)
AMENDMENT NO. 1
MASTER ADMINISTRATIVE SERVICES AGREEMENT
The Master Administrative Services Agreement (the "Agreement"), dated
July 24, 2000, by and between A I M Advisors, Inc., a Delaware corporation, and
AIM Summit Fund, a Delaware business trust, is hereby amended as follows:
Section 3 of the Agreement is hereby deleted in its entirety and
replaced with the following:
"3. As full compensation for the services performed and the
facilities furnished by or at the direction of the Administrator, the
Portfolios shall reimburse the Administrator for expenses incurred by
them or their affiliates in accordance with the methodologies
established from time to time by the Trust's Board of Trustees. Such
amounts shall be paid to the Administrator on a monthly basis."
All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
Dated: May 9, 2001
A I M ADVISORS, INC.
Attest: /s/ P. XXXXXXXX XXXXX By: /s/ XXXXXX X. XXXXXX
---------------------------- ----------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
AIM SUMMIT FUND
Attest: /s/ XXXXX X. XXXXXXX By: /s/ XXXXXX X. XXXXXX
---------------------------- ----------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
