EXHIBIT (h)(3)(m)
[PFPC LETTERHEAD AND LOGO]
XXXXXXXX XXXXXXXX
Senior Vice President
General Manager
August 17, 2000
Xx. Xxxx X. Xxxxx
AIM Fund Services
00 Xxxxxxxx Xxxxx
Xxxxx 000
Xxxxxxx, XX 00000
Dear Xxxx:
This letter will confirm the commitment of PFPC Inc. ("PFPC") and each
registered investment company (the "Fund") listed on Exhibit 1 of the Remote
Access and Related Services Agreement dated December 23, 1994 to amend the
IMPRESSNET Amendment No. 9, dated as of June 26, 2000, to this Agreement and
also PFPC and A I M Advisors, Inc. ("AIM") to amend the DAZL Services Agreement
dated June 26, 2000 (collectively the "Agreements"). The details which we have
agreed upon are as follows:
1. Volume discounts based on the total revenue from the Fund's usage of
both PFPC's IMPRESSNet and DAZL products shall apply to the Agreements. When the
combined revenue of both products is greater than an average of $300,000 per
year ($25,000 per month) DAZL fees shall be discounted at an additional 17.5%
and IMPRESSNet fees shall be discounted at an additional 5%.
Please confirm our understanding by executing and returning the enclosed
original copy of this letter. We look forward to our continued relationship.
Sincerely,
/s/ XXXXXXXX XXXXXXXX
Xxxxxxxx Xxxxxxxx
Senior Vice President
General Manager
PFPC INC.
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0000 XXXXXXXX XXXXX, XXXXXXXXXXX, XX 00000 o TEL 000-000-0000 o FAX 000-000-0000
Xxxx X. Xxxxx [PFPC LOGO]
AIM LOI
Page 2
Acknowledged and Agreed to this 22nd day of August, 2000
On behalf of the Funds and respective
Portfolios and Classes set forth in
Exhibit 1 of the Remote Access and
Related Services Agreement which may
be amended from time to time.
By: /s/ XXXX X. XXXXX
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Title: President
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Date: August 22, 2000
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AIM Funds Services, Inc.
By:
Date:
