0001293210-04-000008 Sample Contracts

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American Century Investment Management, Inc. 4500 Main Street Kansas City, MO 64111 August 25, 2004
American Century Asset Allocation Portfolios, Inc. • August 30th, 2004

In order to provide American Century Asset Allocation Portfolios, Inc. ("ACAAP") with the initial capital required pursuant to Section 14 of the Investment Company Act of 1940, as amended, American Century Investment Management, Inc. ("ACIM") is hereby purchasing from ACAAP 10,000 shares of beneficial interest, $0.01 par value, of Institutional Class shares of My Retirement Income Portfolio, a series of ACAAP (the "Shares"), at a purchase price of $10.00 per Share, for a total purchase price of $100,000.

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