Document

American Century Investment Services, Inc. (“Distributor”) is the distributor and American Century Services, LLC (“Transfer Agent”) is the transfer agent (collectively with the Distributor, “we” or “us”) of the shares of the American Century family of mutual funds (collectively, the “Funds,” and individually, a “Fund”). Distributor has the right, as agent for the Funds, to arrange for the sale of shares of the Funds to dealers or the public, or both. We invite you to make shares of the various classes of the Funds available to your customers upon the following terms and conditions:

1. Availability of Shares. Distributor agrees to cause the Funds to sell to, redeem from and exchange for you shares of beneficial interest (“Shares”) of one or more classes of the Funds, subject to the terms and conditions of this Agreement, each Fund’s then-current prospectus and statement of additional information and any supplements thereto (collectively the “Prospectus”), and any limitations imposed by any of the Funds or the investment advisor of the Funds. To the extent that a Prospectus contains provisions that are inconsistent with the terms of this Agreement, the terms of the Prospectus shall control.

2. Purchase and Sale of Shares. (a) The public offering price at which you may offer the Shares is the net asset value thereof plus any sales charge applicable to such Shares (the “Sales Charge”), as computed from time to time as described in the Prospectus of the applicable class of the relevant Fund. You agree to make Shares available to your customers subject to minimum investment requirements applicable to each order, unless you register your customer purchases in your name and omnibus account as nominee. You further acknowledge and agree that tracking and application of any Sales Charge, including any scheduled variation in, or elimination of, such Sales Charge, is your responsibility and will be charged uniformly to all offerees in the class specified in the Prospectus. You understand that all orders are subject to acceptance or rejection by us or the Funds in the sole discretion of either.

(b) Each transaction is always made subject to confirmation by us at the offering price next computed after receipt of the order. Subject to Sections 2(d), 2(h) and 2(i) below, orders to purchase, redeem and exchange Shares (“Orders”) received by you prior to the price time for each Fund as set forth in its Prospectus (the “Price Time”), generally the close of regular trading on the New York Stock Exchange on any given business day (currently 4:00 p.m. Eastern time) (each a “Business Day”), and transmitted in accordance with Section 7 hereof either (1) to the Transfer Agent prior to the Price Time on such Business Day or (2) pursuant to the National Securities

Clearing Corporation’s (“NSCC”) Mutual Fund Settlement, Entry and Redemption Verification (“Fund/SERV”) system, will be executed at the net asset value determined as of the relevant Fund’s Price Time on such Business Day. Any Orders transmitted to the Transfer Agent after a Fund’s Price Time on a Business Day will be executed at the net asset value determined as of that Fund’s Price Time on the next Business Day.

(d) Any Order by you for the purchase of Shares through us shall be accepted at the time when it is received by Transfer Agent or any clearinghouse agency we may designate from time to time, unless rejected by Transfer Agent. We will not accept any Order from you that is placed on a conditional basis or is subject to any delay or contingency prior to execution.

(e) Subject to Section 2(g) hereof, with respect to the Funds, the Shares of which are indicated in that Fund’s Prospectus as being sold with a Sales Charge (the “Load Funds”), you will be allowed the concessions from the public offering price provided in such Load Fund’s Prospectus and/or periodic instruction from us. If a Load Fund is sold but the front-end load is waived, you will not receive any concession. With respect to the Funds, the Shares of which are indicated in that Fund’s Prospectus as being sold with a contingent deferred sales charge or early withdrawal charge (the “CDSC Funds”), you will be paid a concession as disclosed in such CDSC Fund’s Prospectus and/or periodic instructions from us. If a CDSC Fund is sold but the CDSC is waived, you will not receive any concession. All dealer concessions are subject to change without notice by us and will comply with any changes in regulatory requirements. You agree that you will not combine customer orders to reach breakpoints in concessions for any purpose whatsoever unless authorized by the Prospectus or by us in writing. No dealer discount or concession is applicable to Shares representing reinvested dividends and distributions.

(f) Certain of the classes of certain Funds have adopted distribution plans pursuant to which Distributor, on behalf of each such Fund, will pay a distribution fee and, for some classes, a service fee to dealers in accordance with the provisions of such Funds’ distribution plans. The service fee is paid in accordance with Section 2(g) hereof as additional consideration for, depending on the class, all individual shareholder services, including account maintenance services, or administrative services provided by you to shareholders of the applicable Fund. The distribution fee is paid to the broker of record as consideration for the distribution services the broker of record provides to its customers, including receiving and answering correspondence, assisting investors in completing application forms and selecting dividend and other account options, providing facilities to answer questions from customers about the Funds, and other past and continuing services to customers. The provisions and terms of these Funds’ distribution plans are described in their respective Prospectuses, and you hereby agree that we have made no representations to you with respect to the distribution plans of such Funds in addition to, or conflicting with, the description set forth in their respective Prospectuses. Notwithstanding any other provision hereof, our obligation to make payments of applicable distribution fees to you with respect to any money market Fund, if any, shall be contingent upon receipt by us of such payment from the respective money market Fund.

(g) Notwithstanding any other provision hereof, any dealer concessions, service fees or other payments described herein shall be paid only to the broker of record pursuant to our records, whether that broker is the executing or is the clearing broker. Only one broker may be designated as the broker of record on any account. If you wish to receive concessions, service fees or other payments electronically, you agree to provide proper banking instructions to Distributor by completing and returning Distributor’s Electronic Payment Form. You further agree to promptly notify Distributor of any change in such electronic payment information and to update such electronic payment information as requested by Distributor from time to time. No interest will accrue on amounts represented by uncashed dealer discount, concession, service fee or distribution fee checks.

(h) Any Order placed by you for the purchase of Shares is subject to the timely receipt by Transfer Agent of all required documents in good order. If such documents are not received within a reasonable time after the Order is placed, the Order is subject to cancellation, in which case you agree to be responsible for any loss resulting to the Fund or to us from such cancellation.

(i) Notwithstanding Section 2(b) above, if the Securities and Exchange Commission (“SEC”) adopts a rule, or a law is enacted, that changes the requirements for intermediaries with regard to accepting Orders on behalf of the Funds or the timing of transmitting Orders to the Funds’ Transfer Agent or otherwise affects the way Orders are accepted, transmitted or priced, Section 2(b) shall be deemed to be automatically amended to comply with such new rule or law.

(j) You represent and warrant that you will consider all guidelines from the Financial Industry Regulatory Authority, Inc. (“FINRA”) and the SEC when determining whether a Fund is appropriate for a customer, and which class is most appropriate. You further represent and warrant that you will recommend Shares only for those customers for whom the investment is suitable according to any such guidelines current at the time of the recommendation.

1.Redemptions. If any Shares of any of the Load Funds sold to you under the terms of this Agreement are redeemed by the Fund or repurchased for the account of the Funds or are tendered to the Funds for redemption or repurchase within seven (7) Business Days after the Trade Date of your original purchase order therefor, you agree to pay forthwith to Distributor the full amount of the concession, if any, allowed to you on the original sale.

1.Representations. (a) You represent that (i) you are registered as a broker and/or dealer under the Securities Exchange Act of 1934, as amended, and are licensed and qualified as a broker and/or dealer or otherwise authorized to offer and sell the Shares under the laws of each jurisdiction in which the Shares will be offered and sold by you, or are a bank as defined in Section 3(a)(6) of the Securities Exchange Act of 1934, as amended, and in either case are duly authorized to engage in the activities to be performed by you hereunder; (ii) your agents and employees are and will remain duly registered and licensed to offer and sell Shares in those jurisdictions in which you do so; and (iii) if you are a broker/dealer, you are a member in good standing of FINRA and agree to maintain such membership (or in the alternative, that you are a foreign dealer not required to be a FINRA member). You agree to abide by all applicable state and federal laws and the rules and regulations of the SEC, FINRA, and any other authorized regulatory agency

including, without limitation, Rule 2830 of the National Association of Securities Dealers (“NASD”) Conduct Rules (as may be amended or otherwise consolidated with FINRA Rules), all of which are incorporated herein as if set forth in full, or you represent that you are exempt from compliance with such laws, rules and regulations. You agree not to sell or offer for sale Shares in any state or jurisdiction where they have not been qualified for sale (as stated in such Fund’s Prospectus) or in which you are not qualified as a broker, dealer or bank. You agree to notify us immediately if you cease to be registered or licensed as a broker and/or dealer or fail to remain as a member in good standing of FINRA, or if you cease to be a bank, as defined above.

(b) Should you provide brokerage clearing services to broker-dealers or other financial intermediaries who wish to sell Shares to their customers (“Originating Firms”), you represent that you and each such Originating Firm are parties to a clearing agreement which conforms in all respects to the requirements of FINRA Rule 4311 or, as applicable, the rules of a national securities exchange. In connection with your provision of such brokerage clearing services, you acknowledge and agree that we have no responsibility for determining whether Shares are suitable for customers of your Originating Firms.

(c) Distributor represents that (i) it is registered as a broker/dealer under the Securities Exchange Act of 1934, as amended, and is licensed and qualified as a broker and/or dealer or otherwise authorized to offer and sell the Shares under the laws of each jurisdiction in which the Shares are qualified for sale (as stated in such Fund’s Prospectus), and (ii) it is a member in good standing of FINRA and agrees to maintain such membership. Distributor will notify you immediately if it ceases to be registered or licensed as a broker and/or dealer or fails to remain as a member in good standing of FINRA.

(d) Transfer Agent represents that (i) it is the transfer agent for all of the Shares, (ii) it is registered with the SEC under the Securities and Exchange Act of 1934, as amended (iii) it is a member in good standing of the Stock Transfer Association and (iv) it is responsible for compliance with all federal and state laws applicable to the Transfer Agent. Transfer Agency will notify you immediately if it ceases to be registered or a member in good standing of the regulatory entities stated above.

5. Compliance Procedures and Sales Materials. (a) “Sales Material,” as used herein, shall include, without limitation, promotional materials, sales literature, advertisements, press releases, announcements, research reports, market letters, performance reports or summaries, and other similar materials, including sales materials intended for wholesale use (i.e., Investment Professional Use Only) or retail use.

(b) Neither you nor any person associated with you shall give any information or make any representation concerning the Funds or the Shares except those contained in the Prospectus or any Sales Materials furnished by us or approved by us in writing in advance for use in connection therewith (except that Sales Materials provided by us that are designated as being for Investment Professional Use Only may not be disseminated to the public). Any Sales Materials, if distributed, must be accompanied by or preceded by the appropriate Fund’s then-current prospectus. You agree that any information given or representations made on the basis of any Sales Materials shall

(d) We will arrange for the delivery of Prospectuses, periodic reports, proxy materials and other materials that are required by law to be sent to a Fund’s Shareholders (“Fund Related Materials”) through a mailing agent to the extent such delivery is required by applicable law, and will bear the cost of such delivery. We will provide you with the appropriate number of such materials as requested by you from time to time. In the purchase of Shares through us, you are entitled to rely only on the information contained in the Fund Related Materials.

(e) You agree to provide us with continuous reasonable access to your offices, representatives and sales personnel at meetings, in person and via telephone or the world wide web, and further agree to provide us with sales reporting information in reasonable detail, including identification of the offices and representatives responsible for each Order.

(b) You represent and warrant that you have a policy designed to prevent abusive trading, (including market timing) in the mutual funds you offer, and that you will provide us with a copy of such policy upon our reasonable request. You covenant and agree that should we identify abusive trading practices in any of your accounts, you will cooperate with us in seeking to eliminate such abusive trading activity. In addition, you agree to provide detailed transaction activity upon our request.

(1) Each party to this Agreement represents that it or one of its affiliates has entered into the Standard Networking Agreement with the NSCC and it desires to participate in the programs offered by the NSCC Fund/SERV system which provide (i) an automated process whereby shareholder purchases and redemptions, exchanges and transactions of mutual fund shares are executed through the Fund/SERV system, and (ii) a centralized and standardized communication system for the exchange of customer-level information and account activity through the Fund/SERV Networking system.

(2) For each Fund/SERV transaction, including transactions establishing accounts with us or our affiliates, you shall provide us with all information necessary or appropriate to establish and maintain each Fund/SERV transaction (and any subsequent changes to such information), which you hereby certify is and shall remain true and correct. You shall maintain documents required by us or the Funds to effect Fund/SERV transactions. Each instruction shall be deemed to be accompanied by a representation by you that it has received proper authorization from each person whose purchase, redemption, account transfer or exchange transaction is effected as a result of such instruction.

(4) You represent and warrant that all instructions, questions and other correspondence concerning the accounts for which trades are made in accordance with this Section 7(a) shall come from you, and that individual account holders shall contact you, rather than contact us or the Funds directly, with instructions, questions and requests concerning the Funds. You further represent and warrant that you, rather than us or the Funds, has reporting responsibility to your customers for confirmations of transactions and monthly, quarterly and year-end statements.

(b) If transactions in Shares are to be settled directly with the Transfer Agent, the procedures relating to the processing and settlement of Orders shall be subject to such instructions as we may forward to you from time to time. Payment for purchase transactions shall be made by wire transfer or through a clearinghouse agency approved by us to the applicable Fund custodial account designated by us on the Business Day next following the Trade Date. Any such wire transfers shall be instituted by your bank prior to 4:00 p.m. Eastern time and received by the Funds prior to 6:00 p.m. Eastern time on the same Business Day as the Trade Date. If payment for Shares purchased is not timely received, the Fund may cancel the Order or, at our option, resell the Shares to the applicable Fund at the then prevailing net asset value and you shall be responsible for all costs to us, the Funds or any affiliate of the Funds resulting from such resale. You shall be responsible for any loss, expense, liability or damage, including loss of profit suffered by us and/or the respective Funds resulting from delay or failure to make timely payment for such Shares or cancellation or modification of any trade, or for any Orders that are processed on an “as of” basis as an accommodation to you. You shall not be entitled to any gains generated thereby.

(c) You agree not to withhold placing Orders received from any customers for the purchase or sale of Shares so as to profit yourself as a result of such withholding. You shall not purchase Shares through us except for the purpose of covering purchase Orders received by you, or for your bona fide investment. You agree to purchase Shares only from the Funds or your customers. If you purchase Shares from your customers, you will pay such customers not less than the applicable redemption price as established by the relevant Fund’s Prospectus.

(a) Each party shall comply with all provisions of federal and state laws, rules and regulations applicable to its respective activities under this Agreement. All obligations of each party under this Agreement are subject to compliance with applicable federal and state laws. To the extent it is applicable, the parties agree to abide by the terms of the Foreign Account Tax Compliance Act (“FATCA”), including your provision to us of any information necessary for our or the Funds’ FATCA compliance.

(b) You covenant and agree that all Orders transmitted to us, whether by telephone, telecopy, or other electronic transmission acceptable to us, shall be sent by or under the authority and direction of a person designated by you as being duly authorized to act on behalf of the owner of the Shares held in your accounts. We shall be entitled to rely on the existence of such authority and to assume that any person transmitting Orders for the purchase, redemption or transfer of Shares on your behalf is “an appropriate person” as used in Sections 8-107 and 8-401 of the Uniform Commercial Code with respect to the transmission of instructions regarding Shares on behalf of the owner of such Shares. You further agree to be responsible for the accuracy, propriety and consequences of all data you transmit to us by telephone, telecopy or other electronic transmission acceptable to us.

(c) You covenant and agree that all Orders received and transmitted by you hereunder on any Business Day will be based upon instructions that you received from a customer in proper form prior to the Price Time of the relevant Fund on that Business Day. You shall time stamp all Orders or otherwise maintain records that will enable you to demonstrate compliance with this Section 8(c) hereof. Further, upon our reasonable request, you will provide evidence reasonably satisfactory to the Funds’ Board of Directors to demonstrate your compliance with Rule 22c-1 (under the Investment Company Act of 1940, as amended) requirements and provide us with copies of your internal control report, if one is obtained. You agree to promptly return any requested certification of such practices, and understand that if you do not we may require you to stop trading through the NSCC (if applicable) and send all trades directly to us by each Fund’s Price Time on any Business Day.

9. Relationship of Parties. You understand and agree that in performing your services covered by this Agreement, you are acting on your own behalf and as agent for your customers, and we are in no way responsible for the manner of your performance or for any of your acts or omissions in connection therewith. Except to the extent specifically set forth herein, nothing in this Agreement shall be construed to constitute you or any of your agents, employees or representatives as our agent, partner, or employee, or the agent or employee of the Funds. Distributor has full authority to take such action as we deem advisable in respect of all matters pertaining to the distribution of the Shares. Our obligations under this Agreement are subject to all the provisions of the distribution agreements entered into between Distributor and the Funds. We shall not be under any obligation to you, except for obligations expressly assumed by us under this Agreement.

(a) We agree to indemnify and hold harmless you and your officers, directors, employees, agents, affiliates and each person, if any, who controls you within the meaning of the Securities Act of 1933, as amended (collectively, the “Indemnified Parties” for purposes of this Section 10(a)) against any losses, claims, expenses, damages or liabilities (including amounts paid in settlement thereof) or litigation expenses (including legal and other expenses) (collectively, “Losses”), to which the Indemnified Parties may become subject, insofar as such Losses result from a breach by us of a material provision of this Agreement. We will reimburse any legal or other expenses reasonably incurred by the Indemnified Parties in connection with investigating or defending any such Losses. We shall not be liable for indemnification hereunder if such Losses are attributable to your negligence or misconduct in performing your obligations under this Agreement.

(b) You agree to indemnify and hold harmless Distributor, Transfer Agent and the Funds, and our and the Funds’ respective officers, directors, employees, agents, affiliates and each person, if any, who controls us or the Funds within the meaning of the Securities Act of 1933, as amended (collectively, the “Indemnified Parties” for purposes of this Section 10(b)) against any Losses to which the Indemnified Parties may become subject, insofar as such Losses result from (i) a breach by you of a material provision of this Agreement or (ii) your sales practices and procedures, including the provision of any information not provided or approved by us in accordance with Section 5 hereof. You agree to reimburse any legal or other expenses reasonably incurred by the Indemnified Parties in connection with investigating or defending any such Losses. You shall not be liable for indemnification hereunder if such Losses are attributable to our negligence or misconduct in performing our obligations under this Agreement.

(c) Promptly after receipt by an indemnified party hereunder of notice of the commencement of action, such indemnified party will, if a claim in respect thereof is to be made against the indemnifying party hereunder, notify the indemnifying party of the commencement thereof; but the omission so to notify the indemnifying party will not relieve it from any liability which it may have to any indemnified party otherwise than under this Section 10. In case any such action is brought against any indemnified party, and it notifies the indemnifying party of the commencement thereof, the indemnifying party will be entitled to participate therein and, to the extent that it may wish to, assume the defense thereof, with counsel satisfactory to such indemnified party, and after notice from the indemnifying party to such indemnified party of its election to assume the defense thereof, the indemnifying party will not be liable to such indemnified party under this Section 10 for any legal or other expenses subsequently incurred by such indemnified party in connection with the defense thereof other than reasonable costs of investigation.

(d) If the indemnifying party assumes the defense of any such action, the indemnifying party shall not, without the prior written consent of the indemnified parties in such action, settle or compromise the liability of the indemnified parties in such action, or permit a default or consent to the entry of any judgment in respect thereof, unless in connection with such settlement, compromise or consent, each indemnified party receives from such claimant an unconditional release from all liability in respect of such claim.

12. Termination; Withdrawal of Offering. Any party may terminate this Agreement upon 30 days’ prior written notice to the other parties. This Agreement shall terminate automatically without notice if (a) Distributor ceases to be a member of FINRA, (b) you cease to be a member of FINRA, breach any provision of Section 2830 of NASD Conduct Rules (as may be amended or otherwise consolidated with FINRA Rules), or you cease to be a bank, as defined above, or (c) upon any attempted assignment hereof. This Agreement may be terminated at any time as to any Fund by vote of a majority of the outstanding voting securities of that Fund or vote of a majority of the independent directors or trustees of that Fund. We reserve the right, in our sole discretion and without prior notice, to suspend sales of Shares in any state or other jurisdiction, to withdraw entirely the offering of Shares, or to modify or amend the terms of our offering of Shares.

13. Notices and Communications. All communications and notices to us should be sent to our General Counsel at the address set forth on page one above with a copy to the email address LG-Legal_Notices@americancentury.com. Legal notices will be sent to you via U.S. mail at the address specified by you below or may be sent by facsimile if a fax number is provided below. Statements related to concession and 12b-1 payments will be sent to the contact person listed below. Any designated notice address may be changed by a party by notice to the other parties.

16. Privacy Procedures. Each of the parties to this Agreement affirms that it has procedures in place reasonably designed to protect the privacy of non-public customer information and it will maintain such information that it may acquire pursuant to this Agreement in confidence and in accord with all applicable privacy laws. Each of the parties agrees not to use, or permit the use of, any such customer information for any purpose except to carry out the terms of this Agreement and/or pursuant to any exceptions set forth in such privacy laws. This provision shall survive the termination of this Agreement.

17. Anti-Money Laundering Provision. The parties hereto will comply with all applicable laws and regulations aimed at preventing, detecting and reporting money laundering and suspicious transactions, including, without limitation, applicable provisions of the Bank Secrecy Act and the USA PATRIOT Act of 2001, as well as regulations administered by the U.S. Department of the Treasury’s Office of Foreign Asset Control. In addition, you agree to take all necessary and appropriate steps, consistent with applicable laws and regulations, to obtain, verify, and retain information with regard to investor and/or account owner identification and source of funds for your customers.

18. Entire Agreement. This Agreement constitutes the entire agreement between the parties with respect to the matters dealt with herein, and supersedes all previous agreements, written or oral, with respect to such matters, specifically including any Selected Dealer Agreement, Financial Institution Agency Agreement, and any Addendum to a Selected Dealer Agreement or Financial Institution Agency Agreement, between the parties hereto.