AMENDMENT NO. 1 TO AMENDED AND RESTATED
DISTRIBUTION AGREEMENT
THIS AMENDMENT NO. 1 TO AMENDED AND RESTATED DISTRIBUTION AGREEMENT is
made as of the 31st day of December, 2002, 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"). 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 Amended
and Restated Distribution Agreement dated September 3, 2002 (the "Distribution
Agreement"); and
WHEREAS, American Century Variable Portfolios, Inc. has added a new
fund, VP Large Company Value Fund; and
WHEREAS, American Century Variable Portfolios II, Inc. has added a new
fund, VP Inflation Protection Fund; and
WHEREAS, American Century Municipal Trust has added an Institutional
class for Tax-Free Bond Fund; and
WHEREAS, the parties desire to amend the Distribution Agreement to
reflect these changes.
NOW, THEREFORE, in consideration of the mutual promises set forth
herein, the parties hereto agree as follows:
1. Schedules X, X, X, X, X, X, X, X, X, X and K to the
Distribution Agreement are hereby amended by deleting the text
thereof in their entirety and inserting in lieu therefor the
Schedules X, X, X, X, X, X, X, X, X, X and K attached hereto.
2. After the date hereof, all references to the Distribution
Agreement shall be deemed to mean the Distribution Agreement,
as amended to-date and as amended by this Amendment No. 1.
3. 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.
4. 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: /s/Xxxxx X. Xxxxxx
Name: Xxxxx X. Xxxxxx
Title: Senior Vice President
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
AMERICAN CENTURY GOVERNMENT INCOME TRUST
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
AMERICAN CENTURY INVESTMENT TRUST
AMERICAN CENTURY MUNICIPAL TRUST
AMERICAN CENTURY MUTUAL FUNDS, INC.
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
AMERICAN CENTURY STRATEGIC ASSET
ALLOCATIONS, INC.
AMERICAN CENTURY TARGET MATURITIES TRUST
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
By: /s/Xxxxxxx X. Xxxxxxxxxxx
Name: Xxxxxxx X. Xxxxxxxxxxx
Title: Vice President
SCHEDULE A
Companies and Funds Covered by this Distribution Agreement
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS
* California Municipal Money Market Fund March 13, 2000
* California High-Yield Municipal Fund March 13, 2000
* California Tax-Free Money Market Fund March 13, 2000
* California Limited-Term Tax-Free Fund March 13, 2000
* California Intermediate-Term Tax-Free Fund March 13, 2000
* California Long-Term Tax-Free Fund March 13, 2000
* California Insured Tax-Free Fund March 13, 2000
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Equity Income Fund March 13, 2000
* Real Estate Fund March 13, 2000
* Value Fund March 13, 2000
* Small Cap Value Fund March 13, 2000
* Equity Index Fund March 13, 2000
* Large Cap Value Fund March 13, 2000
AMERICAN CENTURY GOVERNMENT INCOME TRUST
* Treasury Fund (formerly Intermediate-Term Treasury Fund) March 13, 2000
* Government Bond Fund (formerly Long-Term Treasury Fund) March 13, 2000
* Government Agency Money Market Fund March 13, 2000
* Short-Term Government Fund March 13, 2000
* Xxxxxx Xxx Fund (formerly GNMA Fund) March 13, 2000
* Inflation-Adjusted Bond Fund (formerly Inflation-Adjusted March 13, 2000
Treasury Fund)
* Capital Preservation Fund March 13, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
* International Bond Fund March 13, 2000
AMERICAN CENTURY INVESTMENT TRUST
* Prime Money Market Fund March 13, 2000
* Diversified Bond Fund August 1, 2001
* Premium Money Market Fund August 1, 2001
AMERICAN CENTURY MUNICIPAL TRUST
* Arizona Municipal Bond Fund (formerly Arizona March 13, 2000
Intermediate-Term Municipal Fund)
* Florida Municipal Money Market Fund March 13, 2000
* Florida Municipal Bond Fund (formerly Florida March 13, 2000
Intermediate-Term Municipal Fund)
* Tax-Free Money Market Fund March 13, 2000
* Tax-Free Bond (formerly Intermediate-Term Tax-Free Fund) March 13, 2000
* Limited-Term Tax-Free Fund March 13, 2000
* High-Yield Municipal Fund March 13, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
* Balanced Fund March 13, 2000
* Growth Fund March 13, 2000
* Heritage Fund March 13, 2000
* Select Fund March 13, 2000
* Ultra Fund March 13, 2000
* Vista Fund March 13, 2000
* Giftrust Fund March 13, 2000
* New Opportunities Fund March 13, 2000
* High-Yield Fund March 13, 2000
* Tax-Managed Value Fund March 13, 2000
* Veedot Fund March 13, 2000
* Veedot Large-Cap Fund March 13, 2000
* New Opportunities II Fund May 1, 2001
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
* Equity Growth Fund March 13, 2000
* Income & Growth Fund March 13, 2000
* Global Gold Fund March 13, 2000
* Global Natural Resources Fund March 13, 2000
* Utilities Fund March 13, 2000
* Small Cap Quantitative Fund March 13, 2000
AMERICAN CENTURY STRATEGIC ASSET
ALLOCATIONS, INC.
* Strategic Allocation: Aggressive Fund March 13, 2000
* Strategic Allocation: Conservative Fund March 13, 2000
* Strategic Allocation: Moderate Fund March 13, 2000
AMERICAN CENTURY TARGET MATURITIES TRUST
* Target 2005 Fund March 13, 2000
* Target 2010 Fund March 13, 2000
* Target 2015 Fund March 13, 2000
* Target 2020 Fund March 13, 2000
* Target 2025 Fund March 13, 2000
* Target 2030 Fund December 18, 2000
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
* VP Balanced Fund March 13, 2000
* VP Capital Appreciation Fund March 13, 2000
* VP International Fund March 13, 2000
* VP Income & Growth Fund March 13, 2000
* VP Value Fund March 13, 2000
* VP Equity Index Fund December 1, 2000
* VP Growth Fund December 1, 2000
* VP Ultra Fund December 1, 2000
* VP Vista Fund December 1, 2000
* VP Global Growth Fund December 1, 2000
* VP Large Company Value Fund December 31, 2002
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
* VP Prime Money Market Fund December 1, 2000
* VP Inflation Protection Fund December 31, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* Emerging Markets Fund March 13, 2000
* International Growth Fund March 13, 2000
* International Discovery Fund March 13, 2000
* Global Growth Fund March 13, 2000
* Life Sciences Fund June 1, 2000
* Technology Fund June 1, 2000
* International Opportunities Fund May 1, 2001
* European Growth Fund May 1, 2001
page B-1
SCHEDULE B
Investor Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
* California Municipal Money Market Fund March 13, 2000
* California High-Yield Municipal Fund March 13, 2000
* California Tax-Free Money Market Fund March 13, 2000
* California Limited-Term Tax-Free Fund March 13, 2000
* California Intermediate-Term Tax-Free Fund March 13, 2000
* California Long-Term Tax-Free Fund March 13, 2000
* California Insured Tax-Free Fund March 13, 2000
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Equity Income Fund March 13, 2000
* Real Estate Fund March 13, 2000
* Value Fund March 13, 2000
* Small Cap Value Fund March 13, 2000
* Equity Index Fund March 13, 2000
* Large Cap Value Fund March 13, 2000
AMERICAN CENTURY GOVERNMENT INCOME TRUST
* Treasury Fund (formerly Intermediate-Term Treasury Fund) March 13, 2000
* Government Bond Fund (formerly Long-Term Treasury Fund) March 13, 2000
* Government Agency Money Market Fund March 13, 2000
* Short-Term Government Fund March 13, 2000
* Xxxxxx Mae Fund (formerly GNMA Fund) March 13, 2000
* Inflation-Adjusted Bond Fund (formerly Inflation-Adjusted March 13, 2000
Treasury Fund)
* Capital Preservation Fund March 13, 2000
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
* International Bond Fund March 13, 2000
AMERICAN CENTURY INVESTMENT TRUST
* Prime Money Market Fund March 13, 2000
* Diversified Bond Fund August 1, 2001
* Premium Money Market Fund August 1, 2001
AMERICAN CENTURY MUNICIPAL TRUST
* Arizona Municipal Bond Fund (formerly Arizona March 13, 2000
Intermediate-Term Municipal Fund)
* Florida Municipal Money Market Fund March 13, 2000
* Florida Municipal Bond Fund (formerly Florida March 13, 2000
Intermediate-Term Municipal Fund)
* Tax-Free Money Market Fund March 13, 2000
* Tax-Free Bond (formerly Intermediate-Term Tax-Free Fund) March 13, 2000
* Limited-Term Tax-Free Fund March 13, 2000
* High-Yield Municipal Fund March 13, 2000
* AMERICAN CENTURY MUTUAL FUNDS, INC.
* Balanced Fund March 13, 2000
* Growth Fund March 13, 2000
* Heritage Fund March 13, 2000
* Select Fund March 13, 2000
* Ultra Fund March 13, 2000
* Vista Fund March 13, 2000
* Giftrust March 13, 2000
* New Opportunities Fund March 13, 2000
* High-Yield Fund March 13, 2000
* Tax-Managed Value Fund March 13, 2000
* Veedot Fund March 13, 2000
* Veedot Large-Cap Fund March 13, 2000
* New Opportunities II Fund May 1, 2001
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
* Equity Growth Fund March 13, 2000
* Income & Growth Fund March 13, 2000
* Global Gold Fund March 13, 2000
* Global Natural Resources Fund March 13, 2000
* Utilities Fund March 13, 2000
* Small Cap Quantitative Fund March 13, 2000
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
* Strategic Allocation: Aggressive Fund March 13, 2000
* Strategic Allocation: Conservative Fund March 13, 2000
* Strategic Allocation: Moderate Fund March 13, 2000
AMERICAN CENTURY TARGET MATURITIES TRUST
* Target 2005 Fund March 13, 2000
* Target 2010 Fund March 13, 2000
* Target 2015 Fund March 13, 2000
* Target 2020 Fund March 13, 2000
* Target 2025 Fund March 13, 2000
* Target 2030 Fund December 18, 2000
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
* VP Balanced Fund March 13, 2000
* VP Capital Appreciation Fund March 13, 2000
* VP International Fund March 13, 2000
* VP Income & Growth Fund March 13, 2000
* VP Value Fund March 13, 2000
* VP Equity Index Fund December 1, 2000
* VP Growth Fund December 1, 2000
* VP Ultra Fund December 1, 2000
* VP Vista Fund December 1, 2000
* VP Global Growth Fund December 1, 2000
* VP Large Company Value Fund December 31, 2002
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
* VP Prime Money Market Fund December 1, 2000
* VP Inflation Protection Fund December 31, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* Emerging Markets Fund March 13, 2000
* International Growth Fund March 13, 2000
* International Discovery Fund March 13, 2000
* Global Growth Fund March 13, 2000
* Life Sciences June 1, 2000
* Technology Fund June 1, 2000
* International Opportunities Fund May 1, 2001
* European Growth Fund May 1, 2001
SCHEDULE C
Institutional Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Equity Income Fund March 13, 2000
* Real Estate Fund March 13, 2000
* Value Fund March 13, 2000
* Small Cap Value Fund March 13, 2000
* Equity Index Fund March 13, 2000
* Large Cap Value Fund March 13, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
* Balanced Fund March 13, 2000
* Growth Fund March 13, 2000
* Heritage Fund March 13, 2000
* Select Fund March 13, 2000
* Ultra Fund March 13, 2000
* Vista Fund March 13, 2000
* Tax-Managed Value Fund March 13, 2000
* Veedot Fund March 13, 2000
* Veedot Large-Cap Fund March 13, 2000
* New Opportunities II Fund May 1, 2001
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
* Equity Growth Fund March 13, 2000
* Income & Growth Fund March 13, 2000
* Small Cap Quantitative Fund March 13, 2000
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
* Strategic Allocation: Aggressive Fund June 1, 2000
* Strategic Allocation: Conservative Fund June 1, 2000
* Strategic Allocation: Moderate Fund June 1, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* Emerging Markets Fund March 13, 2000
* International Growth Fund March 13, 2000
* International Discovery Fund March 13, 2000
* Global Growth Fund March 13, 2000
* Life Sciences Fund June 1, 2000
* Technology Fund June 1, 2000
* International Opportunities Fund May 1, 2001
* European Growth Fund May 1, 2001
AMERICAN CENTURY INVESTMENT TRUST
* Diversified Bond Fund August 1, 2001
AMERICAN CENTURY GOVERNMENT INCOME TRUST
* Inflation-Adjusted Bond Fund March 1, 2002
AMERICAN CENTURY MUNICIPAL TRUST
* Tax-Free Bond Fund December 31, 2002
SCHEDULE E
Advisor Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Equity Income Fund March 13, 2000
* Value Fund March 13, 2000
* Real Estate Fund March 13, 2000
* Small Cap Value Fund March 13, 2000
* Large Cap Value Fund March 13, 2000
AMERICAN CENTURY GOVERNMENT INCOME TRUST
* Treasury Fund (formerly Intermediate-Term Treasury Fund) March 13, 2000
* Government Bond Fund (formerly Long-Term Treasury Fund) March 13, 2000
* Government Agency Money Market Fund March 13, 2000
* Short-Term Government Fund March 13, 2000
* Xxxxxx Xxx Fund (formerly GNMA Fund) March 13, 2000
* Inflation-Adjusted Bond Fund (formerly Inflation-Adjusted March 13, 2000
Treasury Fund)
AMERICAN CENTURY INTERNATIONAL BOND FUNDS
* International Bond Fund March 13, 2000
AMERICAN CENTURY MUTUAL FUNDS, INC.
* Balanced Fund March 13, 2000
* Growth Fund March 13, 2000
* Heritage Fund March 13, 2000
* Select Fund March 13, 2000
* Ultra Fund March 13, 2000
* Vista Fund March 13, 2000
* High-Yield Fund March 13, 2000
* Tax-Managed Value Fund March 13, 2000
* Veedot Fund March 13, 2000
* Veedot Large-Cap Fund March 13, 2000
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
* Equity Growth Fund March 13, 2000
* Income & Growth Fund March 13, 2000
* Global Gold Fund March 13, 2000
* Global Natural Resources Fund March 13, 2000
* Utilities Fund March 13, 2000
* Small Cap Quantitative Fund March 13, 2000
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
* Strategic Allocation: Aggressive Fund March 13, 2000
* Strategic Allocation: Conservative Fund March 13, 2000
* Strategic Allocation: Moderate Fund March 13, 2000
AMERICAN CENTURY TARGET MATURITIES TRUST
* Target 2005 Fund March 13, 2000
* Target 2010 Fund March 13, 2000
* Target 2015 Fund March 13, 2000
* Target 2020 Fund March 13, 2000
* Target 2025 Fund March 13, 2000
* Target 2030 Fund December 18, 2000
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* Emerging Markets Fund March 13, 2000
* International Growth Fund March 13, 2000
* International Discovery Fund March 13, 2000
* Global Growth Fund March 13, 2000
* Life Sciences Fund June 1, 2000
* Technology Fund June 1, 2000
* European Growth Fund May 1, 2001
AMERICAN CENTURY INVESTMENT TRUST
* Prime Money Market Fund March 13, 2000
* Diversified Bond Fund August 1, 2001
SCHEDULE F
C Class Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY CALIFORNIA TAX-FREE
AND MUNICIPAL FUNDS
* California High-Yield Municipal Fund May 1, 2001
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Equity Income Fund May 1, 2001
* Value Fund May 1, 2001
* Small Cap Value Fund May 1, 2001
AMERICAN CENTURY GOVERNMENT INCOME TRUST
* Xxxxxx Mae Fund (formerly GNMA Fund) May 1, 2001
AMERICAN CENTURY INVESTMENT TRUST
* Prime Money Market Fund May 1, 2001
AMERICAN CENTURY MUNICIPAL TRUST
* High-Yield Municipal Fund May 1, 2001
AMERICAN CENTURY MUTUAL FUNDS, INC.
* Growth Fund May 1, 2001
* Ultra Fund May 1, 2001
* Vista Fund May 1, 2001
* Heritage Fund May 1, 2001
* High-Yield Fund May 1, 2001
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS
* Equity Growth Fund May 1, 2001
* Income & Growth Fund May 1, 2001
AMERICAN CENTURY STRATEGIC ASSET ALLOCATIONS, INC.
* Strategic Allocation: Aggressive Fund May 1, 2001
* Strategic Allocation: Moderate Fund May 1, 2001
AMERICAN CENTURY TARGET MATURITIES TRUST
* Target 2030 Fund May 1, 2001
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* International Growth Fund May 1, 2001
* Global Growth Fund May 1, 2001
* Life Sciences May 1, 2001
* Technology Fund May 1, 2001
* Emerging Markets Fund May 1, 2001
* European Growth Fund May 1, 2001
SCHEDULE G
Class II Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
* VP International Fund May 24, 2001
* VP Income & Growth Fund May 24, 2001
* VP Value Fund May 24, 2001
* VP Ultra Fund May 24, 2001
* VP Large Company Value Fund December 31, 2002
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC.
* VP Inflation Protection Fund December 31, 2002
SCHEDULE H
Class III Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY VARIABLE PORTFOLIOS, INC.
* VP International Fund March 6, 2002
* VP Income & Growth Fund March 6, 2002
* VP Value Fund March 6, 2002
* VP Ultra Fund March 6, 2002
SCHEDULE I
Class A Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY MUTUAL FUNDS, INC.
* Select Fund September 3, 2002
* New Opportunites II Fund September 3, 2002
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Value Fund September 3, 2002
* Large Company Value Fund September 3, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* International Growth Fund September 3, 2002
AMERICAN CENTURY INVESTMENT TRUST
* Prime Money Market Fund September 3, 2002
* Diversified Bond Fund September 3, 2002
* High-Yield Fund September 3, 2002
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
* California High-Yield Municipal Fund September 3, 2002
AMERICAN CENTURY MUNICIPAL TRUST
* High-Yield Municipal Fund September 3, 2002
SCHEDULE J
Class B Funds
Fund Date of Agreement
---- -----------------
AMERICAN CENTURY MUTUAL FUNDS, INC.
* Select Fund September 3, 2002
* New Opportunites II Fund September 3, 2002
AMERICAN CENTURY CAPITAL PORTFOLIOS, INC.
* Value Fund September 3, 2002
* Large Company Value Fund September 3, 2002
AMERICAN CENTURY WORLD MUTUAL FUNDS, INC.
* International Growth Fund September 3, 2002
AMERICAN CENTURY INVESTMENT TRUST
* Prime Money Market Fund September 3, 2002
* Diversified Bond Fund September 3, 2002
* High-Yield Fund September 3, 2002
AMERICAN CENTURY CALIFORNIA TAX-FREE AND
MUNICIPAL FUNDS
* California High-Yield Municipal Fund September 3, 2002
AMERICAN CENTURY MUNICIPAL TRUST
* High-Yield Municipal Fund September 3, 2002
