AMENDMENT NO. 1 TO DISTRIBUTION AGREEMENT
THIS AMENDMENT NO. 1 TO DISTRIBUTION AGREEMENT is made as of the 13th
day of June, 1997, by and between each of the open end management investment
companies listed on Schedule A, attached hereto, as of the dates noted on such
Schedule A, together with all other open end management investment companies
subsequently established and made subject to this Agreement in accordance with
Section 11 (the "Issuers") and American Century Investment Services, Inc.
("Distributor") (formerly known as Twentieth Century Securities, Inc.).
Capitalized terms not otherwise defined herein shall have the meaning ascribed
to them in the Distribution Agreement.
RECITALS
WHEREAS, the Issuers and Distributor are parties to a certain
Distribution Agreement dated September 3, 1996 (the "Distribution Agreement");
and
WHEREAS, in January 1997, the Issuers, the Funds and Distributor
changed their names; and
WHEREAS, American Century Capital Portfolios, Inc., has added a series,
American Century Real Estate Fund (the "Fund"); and
WHEREAS, the parties desire to amend the Distribution Agreement to
reflect the new names of the Issuers, the Funds and Distributor and to add the
new series.
NOW, THEREFORE, in consideration of the mutual promises set forth
herein, the parties hereto agree as follows:
1. The Fund is hereby added as a party to the Distribution Agreement.
2. Schedules A, B, C, D and E to Distribution Agreement are hereby
amended by deleting the text thereof in their entirety and inserting in lieu
therefor the Schedules A, B, C, D and E attached hereto.
3. After the date hereof, all references to the Distribution Agreement
shall be deemed to mean the Distribution Agreement, as amended by this Amendment
No. 1.
4. In the event of a conflict between the terms of this Amendment No.1
and the Distribution Agreement, it is the intention of the parties that the
terms of this Amendment No. 1 shall control and the Distribution Agreement shall
be interpreted on that basis. To the extent the provisions of the Distribution
Agreement have not been amended by this Amendment No. 1, the parties hereby
confirm and ratify the Distribution Agreement.
5. This Amendment No. 1 may be executed in two or more counterparts,
each of which shall be an original and all of which together shall constitute
one instrument.
IN WITNESS WHEREOF, the undersigned have executed this Amendment No. 1
as of the date first above written.
AMERICAN CENTURY INVESTMENT SERVICES, INC.
By: _________________________________
Xxxxxxx X. Xxxxx
Executive Vice President
AMERICAN CENTURY MUTUAL FUNDS, INC.
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
AMERICAN CENTURY STRATEGIC ASSET
ALLOCATIONS, INC.
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
AMERICAN CENTURY PREMIUM RESERVES, INC.
BY: _______________________________________
Xxxxxxx X. Xxxxx
Executive Vice President of each of the Issuers
AMERICAN CENTURY INVESTMENT SERVICES, INC. Distribution Agreement
SCHEDULE A
Companies and Funds Covered by this Distribution Agreement
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
American Century Advantage September 3, 1996
American Century Balanced September 3, 1996
American Century Capital Appreciation September 3, 1996
American Century International September 3, 1996
American Century Value September 3, 1996
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund September 3, 1996
American Century Value Fund September 3, 1996
American Century Real Estate Fund June 13, 1997
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund September 3, 1996
Xxxxxx Cash Reserve Fund September 3, 1996
Twentieth Century Growth Fund September 3, 1996
Twentieth Century Heritage Fund September 3, 1996
Xxxxxx Intermediate-Term Bond Fund September 3, 1996
Xxxxxx Limited-Term Bond Fund September 3, 1996
Xxxxxx Xxxx Fund September 3, 1996
Twentieth Century Select Fund September 3, 1996
Xxxxxx Intermediate-Term Government Fund September 3, 1996
Xxxxxx Short-Term Government Fund September 3, 1996
Twentieth Century Ultra Fund September 3, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund September 3, 1996
Twentieth Century Giftrust September 3, 1996
Xxxxxx Limited-Term Tax-Exempt Fund September 3, 1996
Xxxxxx Intermediate-Term Tax Exempt Fund September 3, 1996
Benham Long-Term Tax-Exempt Fund September 3, 1996
Twentieth Century New Opportunities Fund September 3, 1996
AMERICAN CENTURY PREMIUM RESERVES, INC.
Xxxxxx Premium Government Reserve Fund September 3, 1996
Xxxxxx Premium Capital Reserve Fund September 3, 1996
Xxxxxx Premium Bond Fund September 3, 1996
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive September 3, 1996
American Century Strategic Allocation: Conservative September 3, 1996
American Century Strategic Allocation: Moderate September 3, 1996
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund September 3, 1996
Twentieth Century International Growth Fund September 3, 1996
Twentieth Century International Discovery Fund September 3, 1996
AMERICAN CENTURY INVESTMENT SECURITIES, INC. Distribution Agreement
SCHEDULE B
Investor Class and Single Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
American Century Advantage1 September 3, 1996
American Century Balanced1 September 3, 1996
American Century Capital Appreciation1 September 3, 1996
American Century International1 September 3, 1996
American Century Value1 September 3, 1996
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund2 September 3, 1996
American Century Value Fund2 September 3, 1996
American Century Real Estate Fund2 June 13, 1997
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund2 September 3, 1996
Xxxxxx Cash Reserve Fund2 September 3, 1996
Twentieth Century Growth Fund2 September 3, 1996
Twentieth Century Heritage Fund2 September 3, 1996
Xxxxxx Intermediate-Term Bond Fund2 September 3, 1996
Xxxxxx Limited-Term Bond Fund2 September 3, 1996
Xxxxxx Xxxx Fund2 September 3, 1996
Twentieth Century Select Fund2 September 3, 1996
Xxxxxx Intermediate-Term Government Fund2 September 3, 1996
Xxxxxx Short-Term Government Fund2 September 3, 1996
Twentieth Century Ultra Fund2 September 3, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund2 September 3, 1996
Twentieth Century Giftrust1 September 3, 1996
Xxxxxx Limited-Term Tax-Exempt Fund1 September 3, 1996
Xxxxxx Intermediate-Term Tax-Exempt Fund1 September 3, 1996
Benham Long-Term Tax-Exempt Fund1 September 3, 1996
Twentieth Century New Opportunities Fund1 September 3, 1996
AMERICAN CENTURY PREMIUM RESERVES, INC.
Xxxxxx Premium Government Reserve Fund1 September 3, 1996
Xxxxxx Premium Capital Reserve Fund1 September 3, 1996
Xxxxxx Premium Bond Bond1 September 3, 1996
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive2 September 3, 1996
American Century Strategic Allocation: Conservative2 September 3, 1996
American Century Strategic Allocation: Moderate2 September 3, 1996
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund2 September 3, 1996
Twentieth Century International Growth Fund2 September 3, 1996
Twentieth Century International Discovery Fund2 September 3, 1996
-----------------------------
1 Single Class of Shares
2 Multiple Classes of Shares
AMERICAN CENTURY INVESTMENT SERVICES, INC. Distribution Agreement
SCHEDULE C
Institutional Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund September 3, 1996
American Century Value Fund September 3, 1996
American Century Real Estate Fund June 13, 1997
AMERICAN ENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund September 3, 1996
Twentieth Century Growth Fund September 3, 1996
Twentieth Century Heritage Fund September 3, 1996
Twentieth Century Select Fund September 3, 1996
Twentieth Century Ultra Fund September 3, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund September 3, 1996
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund September 3, 1996
Twentieth Century International Growth Fund September 3, 1996
Twentieth Century International Discovery Fund September 3, 1996
AMERICAN CENTURY INVESTMENT SERVICES, INC. Distribution Agreement
SCHEDULE D
Service Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund September 3, 1996
American Century Value Fund September 3, 1996
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund September 3, 1996
Xxxxxx Cash Reserve Fund September 3, 1996
Twentieth Century Growth Fund September 3, 1996
Twentieth Century Heritage Fund September 3, 1996
Xxxxxx Intermediate-Term Bond Fund September 3, 1996
Xxxxxx Limited-Term Bond Fund September 3, 1996
Xxxxxx Xxxx Fund September 3, 1996
Twentieth Century Select Fund September 3, 1996
Xxxxxx Intermediate-Term Government Fund September 3, 1996
Xxxxxx Short-Term Government Fund September 3, 1996
Twentieth Century Ultra Fund September 3, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund September 3, 1996
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive September 3, 1996
American Century Strategic Allocation: Conservative September 3, 1996
American Century Strategic Allocation: Moderate September 3, 1996
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund September 3, 1996
Twentieth Century International Growth Fund September 3, 1996
Twentieth Century International Discovery Fund September 3, 1996
AMERICAN CENTURY INVESTMENT SERVICES, INC. Distribution Agreement
SCHEDULE E
Advisor Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
American Century Equity Income Fund September 3, 1996
American Century Value Fund September 3, 1996
American Century Real Estate Fund June 13, 1997
AMERICAN CENTURY MUTUAL FUNDS, INC.
American Century Balanced Fund September 3, 1996
Xxxxxx Cash Reserve Fund September 3, 1996
Twentieth Century Growth Fund September 3, 1996
Twentieth Century Heritage Fund September 3, 1996
Xxxxxx Intermediate-Term Bond Fund September 3, 1996
Xxxxxx Limited-Term Bond Fund September 3, 1996
Xxxxxx Xxxx Fund September 3, 1996
Twentieth Century Select Fund September 3, 1996
Xxxxxx Intermediate-Term Government Fund September 3, 1996
Xxxxxx Short-Term Government Fund September 3, 1996
Twentieth Century Ultra Fund September 3, 0000
Xxxxxxxxx Xxxxxxx Xxxxx Fund September 3, 1996
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
American Century Strategic Allocation: Aggressive September 3, 1996
American Century Strategic Allocation: Conservative September 3, 1996
American Century Strategic Allocation: Moderate September 3, 1996
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
Twentieth Century Emerging Markets Fund September 3, 1996
Twentieth Century International Growth Fund September 3, 1996
Twentieth Century International Discovery Fund September 3, 1996
