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EXHIBIT g(4)
[AIM LOGO APPEARS HERE]
--Registered Trademark--
X.X. Xxx 0000
Xxxxxxx, XX 00000-0000
00 Xxxxxxxx Xxxxx, Xxxxx 000
Xxxxxxx, XX 00000-0000
000-000-0000
A I M Advisors, Inc.
June 1, 2000
Xx. Xxxxx Xxxxx
The Bank of New York
Relationship Manager
000 Xxxxxx Xxxxxx
10th Floor
New York, N.Y. 10286
Xx. Xxxxx:
Pursuant to the terms and conditions of a certain Agreement and Plan of
Reorganization ("Plan"), between AIM Funds Group, a Delaware business trust
("AFG"), and AIM Investment Securities Funds, a Delaware business trust
("AISF"), AFG transfer substantially all the assets of its AIM Municipal Bond
Fund series (the "Predecessor Fund") to AISF in exchange for shares of
beneficial interest of AISF's newly-created AIM Municipal Bond Fund series (the
"New Fund") and the assumption by New Fund of substantially all the liabilities
of Predecessor Fund. Following this transfer of assets, New Fund will distribute
shares of beneficial interest to Predecessor Fund's shareholders, pro rata, in
exchange for their shares of Predecessor Fund, and Predecessor Fund's AIM
Municipal Bond Fund series will subsequently be dissolved. This transfer of
assets will occur on June 1, 2000 ("Closing Date").
Pursuant to Article XVIII, number 5 of the Custodian Contract of
October 19, 1995, as further amended and supplemented, (the "Contract"), between
the Predecessor Fund and The Bank of New York, the Predecessor Fund hereby
requests that, as of the close of business on June 1, 2000, you act under the
terms of the Contract, including the fee schedule relating thereto, as Custodian
for the New Fund, which shall be deemed to have succeeded to the Predecessor
Fund's obligations, rights and duties under the Contract.
The Predecessor Fund hereby further requests that you agree that the
obligations of the New Fund under the Contract shall not be binding upon any of
the New Fund's trustees, shareholders, nominees, officers agents, or employees
of the New Fund personally, but shall be binding only upon the assets and
property of the New Fund to which such obligations relate.
Please sign and return the enclosed copy of this letter to indicate
your agreement to the assumption of the Agreement described above, and your
waiver of any notice requirement under the Agreement.
This letter may be executed in counterparts.
Very truly yours,
AIM FUNDS GROUP
By: /s/ XXXXX X. XXXXXXX
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Senior Vice President
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[AIM LOGO APPEARS HERE]
--Registered Trademark--
ACCEPTED AND AGREED:
The BANK OF NEW YORK
By: /s/ XXXXX X. XXXXXXX
--------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Senior Vice President
Date: June 2000
By signature below, AIM Investment Securities Funds, a Delaware trust, agrees to
succeed to AIM Funds Group's rights, obligations and duties under the Contract.
ACCEPTED AND AGREED:
AIM INVESTMENT SECURITIES FUNDS
By: /s/ XXXXX X. XXXXXXX
--------------------------------
Name: Xxxxx X. Xxxxxxx
Title: Senior Vice President
Date:
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