0000792953-08-000023 Sample Contracts

BUSINESS MANAGEMENT AGREEMENT
Business Management Agreement • June 30th, 2008 • American Funds Tax Exempt Series I

THIS AGREEMENT, dated and effective as of the 1st day of August, 2008, is made and entered into by and between THE AMERICAN FUNDS TAX-EXEMPT SERIES I, a Massachusetts business trust, (hereinafter called the "Trust"), and WASHINGTON MANAGEMENT CORPORATION, a Delaware corporation, (hereinafter called the "Business Manager"). The parties agree as follows:

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THE AMERICAN FUNDS TAX-EXEMPT SERIES I AMENDED AND RESTATED PRINCIPAL UNDERWRITING AGREEMENT
Principal Underwriting Agreement • June 30th, 2008 • American Funds Tax Exempt Series I • California

THIS AMENDED AND RESTATED PRINCIPAL UNDERWRITING AGREEMENT, is between THE AMERICAN FUNDS TAX-EXEMPT SERIES I, a Massachusetts business trust (the "Trust"), and AMERICAN FUNDS DISTRIBUTORS, INC., a California corporation (the "Distributor").

THE AMERICAN FUNDS TAX-EXEMPT SERIES I AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • June 30th, 2008 • American Funds Tax Exempt Series I • California

WHEREAS, The American Funds Tax-Exempt Series I (the “Trust”), is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end diversified investment company which offers shares of beneficial interest in two series designated The Tax-Exempt Fund of Maryland and The Tax-Exempt Fund of Virginia each that offer Class C shares, Class F-1 shares, Class F-2 shares, and Class R-5 shares; and

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