EX-99.D1.H 5 h28236apexv99wd1wh.txt AMEND. #7 TO MASTER INVESTMENT ADVISORY AGREEMENT AMENDMENT NO. 7 TO MASTER INVESTMENT ADVISORY AGREEMENT This Amendment dated as of July 18, 2005, amends the Master Investment Advisory Agreement (the "Agreement"); dated June 21, 2000, between AIM Equity Funds, a Delaware statutory trust, and A I M Advisors, Inc., a Delaware corporation. WITNESSETH: WHEREAS, the parties desire to amend the Agreement to delete AIM Dent Demographic Trends Fund and AIM Emerging Growth Fund from the Agreement; and WHEREAS, the parties desire to amend the Agreement to permanently reduce the advisory fee payable by AIM Diversified Dividend Fund effective July 18, 2005; NOW, THEREFORE, the parties agree as follows; 1. Appendix A and Appendix B to the Agreement are hereby deleted in their entirety and replaced with the following: "APPENDIX A FUNDS AND EFFECTIVE DATES
NAME OF FUND EFFECTIVE DATE OF ADVISORY AGREEMENT ------------ ------------------------------------ AIM Aggressive Growth Fund June 1, 2000 AIM Blue Chip Fund June 1, 2000 AIM Capital Development Fund June 1, 2000 AIM Charter Fund June 1, 2000 AIM Constellation Fund June 1, 2000 AIM Diversified Dividend Fund December 28, 2001 AIM Large Cap Basic Value Fund June 1, 2000 AIM Large Cap Growth Fund June 1, 2000 AIM Mid Cap Growth Fund June 1, 2000 AIM Select Basic Value Fund August 29, 2002 AIM Weingarten Fund June 1, 2000
APPENDIX B COMPENSATION TO THE ADVISOR The Trust shall pay the Advisor, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund. AIM AGGRESSIVE GROWTH FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $150 million................................................................................... 0.80% Over $150 million.................................................................................... 0.625%
AIM BLUE CHIP FUND AIM CAPITAL DEVELOPMENT FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $350 million................................................................................... 0.75% Over $350 million.................................................................................... 0.625%
AIM CHARTER FUND AIM CONSTELLATION FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $ 30 million................................................................................... 1.00% Over $30 million to and including $150 million....................................................... 0.75% Over $150 million.................................................................................... 0.625%
AIM DIVERSIFIED DIVIDEND FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $350 million................................................................................... 0.60% Next $350 million.................................................................................... 0.55% Next $1.3 billion.................................................................................... 0.50% Next $2 billion...................................................................................... 0.45% Next $2 billion...................................................................................... 0.40% Next $2 billion...................................................................................... 0.375% Over $8 billion...................................................................................... 0.35%
2 AIM LARGE CAP BASIC VALUE FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $ 1 billion.................................................................................... 0.60% Over $1 billion to and including $ 2 billion......................................................... 0.575% Over $ 2 billion..................................................................................... 0.55%
AIM LARGE CAP GROWTH FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $ 1 billion.................................................................................... 0.75% Over $1 billion to and including $ 2 billion......................................................... 0.70% Over $ 2 billion..................................................................................... 0.625%
AIM MID CAP GROWTH FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $ 1 billion.................................................................................... 0.80% Over $ 1 billion..................................................................................... 0.75%
AIM SELECT BASIC VALUE FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $1 billion..................................................................................... 0.75% Over $1 billion to and including $ 2 billion......................................................... 0.70% Over $2 billion...................................................................................... 0.65%
AIM WEINGARTEN FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $30 million.................................................................................... 1.00% Over $30 million to and including $350 million....................................................... 0.75% Over $350million..................................................................................... 0.625%"
2. In all other respects, the Agreement is hereby confirmed and remains in full force and effect. 3 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their respective officers on the date first written above. AIM EQUITY FUNDS Attest: /s/ JOHN H. LIVELY By: /s/ ROBERT H. GRAHAM ---------------------------- ---------------------------- Assistant Secretary Robert H. Graham President (SEAL) A I M ADVISORS, INC. Attest: /s/ JOHN H. LIVELY By: /s/ MARK H. WILLIAMSON ---------------------------- ---------------------------- Assistant Secretary Mark H. Williamson President (SEAL) 4