EXHIBIT (h)(2)(c)
AMENDMENT NUMBER 2 TO THE TRANSFER AGENCY
AND SERVICE AGREEMENT
This Amendment, dated as of July 1, 1999, is made to the Transfer Agency and
Service Agreement dated December 29, 1997 (the "Agreement") between Tax-Free
Investments Co. (the "Fund") and A I M Fund Services, Inc. ("AFS") pursuant to
Article 10 of the Agreement.
Section 2.01 of the Agreement is hereby deleted in its entirety and replaced
with the following:
"2.01 For performance by the Transfer Agent pursuant to this Agreement,
the Fund agrees on behalf of the Portfolio to pay the Transfer Agent an annual
fee in the amount of .0125% of average daily net assets, payable monthly. Such
fee and out-of-pocket expenses and advances identified under Section 2.03 below
may be changed from time to time subject to mutual written agreement between the
Fund and the Transfer Agent."
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
TAX-FREE INVESTMENTS CO.
By: /s/ XXXXXX X. XXXXXX
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President
ATTEST:
/s/ XXXX X. XXXX
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Assistant Secretary
A I M FUND SERVICES, INC.
By: /s/ XXXX XXXXXXXX
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President
ATTEST:
/s/ XXXX X. XXXX
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Assistant Secretary