EX-99.H.6 11 h69009bexv99whw6.htm EX-99.H.6 exv99whw6
MEMORANDUM OF AGREEMENT
(Expense Limitations)
     This Memorandum of Agreement is entered into as of the Effective Date on the attached exhibits (the “Exhibits”), between AIM Counselor Series Trust, AIM Equity Funds, AIM Funds Group, AIM Growth Series, AIM International Mutual Funds, AIM Investment Funds, AIM Investment Securities Funds, AIM Sector Funds, AIM Tax-Exempt Funds, AIM Variable Insurance Funds and Short-Term Investments Trust (each a “Trust” or, collectively, the “Trusts”), on behalf of the funds listed on the Exhibits to this Memorandum of Agreement (the “Funds”), and Invesco Aim Advisors, Inc. (“Invesco Aim”). Invesco Aim shall and hereby agrees to waive fees or reimburse expenses of each Fund, on behalf of its respective classes as applicable, severally and not jointly, as indicated in the attached Exhibits.
     For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Invesco Aim agree as follows:
     For the Contractual Limits (listed in Exhibits A — C), the Trusts and Invesco Aim agree until at least the expiration date set forth on the attached Exhibits A — C (the “Expiration Date”) that Invesco Aim will waive its fees or reimburse expenses to the extent that expenses of a class of a Fund (excluding (i) interest; (ii) taxes; (iii) dividend expense on short sales; (iv) extraordinary or non-routine items; (v) expenses related to a merger or reorganization, as approved by the Funds’ Boards of Trustees; (vi) expenses of the underlying funds that are paid indirectly as a result of share ownership of the underlying funds; and (vii) expenses that each Fund has incurred but did not actually pay because of an expense offset arrangement, if applicable) exceed the rate, on an annualized basis, set forth on the Exhibits of the average daily net assets allocable to such class. Acquired fund fees and expenses are not fees or expenses incurred by a fund directly but are expenses of the investment companies in which a fund invests. These fees and expenses are incurred indirectly through the valuation of a fund’s investment in these investment companies. Acquired fund fees and expenses are required to be disclosed and included in the total annual fund operating expenses in the prospectus fee table. As a result, the net total annual fund operating expenses shown in the prospectus fee table may exceed the expense limits reflected in Exhibits A-C. With regard to the Contractual Limits, the Board of Trustees of the Trust and Invesco Aim may terminate or modify this Memorandum of Agreement prior to the Expiration Date only by mutual written consent. Invesco Aim will not have any right to reimbursement of any amount so waived or reimbursed.
     For the Contractual Limits, each of the Trusts and Invesco Aim agree to review the then-current expense limitations for each class of each Fund listed on the Exhibits on a date prior to the Expiration Date to determine whether such limitations should be amended, continued or terminated. The expense limitations will expire upon the Expiration Date unless the Trusts and Invesco Aim have agreed to continue them. The Exhibits will be amended to reflect any such agreement.
     For the Voluntary Limits (listed in Exhibits A — C), the Trusts and Invesco Aim agree that these are not contractual in nature and that Invesco Aim may establish, amend and/or terminate such expense limitations at any time in its sole discretion after consultation with the Funds’ Boards of Trustees. Any delay or failure by Invesco Aim to update this Memorandum of Agreement with regards to the terminations, extensions, or expirations of the Voluntary Limits shall have no effect on the term of such Voluntary Limitations; the Voluntary Limitations are listed herein for informational purposes only.
     It is expressly agreed that the obligations of each Trust hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of each Fund, as provided in each Trust’s Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of the Trusts, and this Memorandum of Agreement has been executed and delivered by an authorized officer of the Trusts acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust’s Agreement and Declaration of Trust.
     IN WITNESS WHEREOF, each of the Trusts and Invesco Aim have entered into this Memorandum of Agreement as of the Effective Dates on the attached Exhibits.

 


 

         
  AIM COUNSELOR SERIES TRUST
AIM EQUITY FUNDS
AIM FUNDS GROUP
AIM GROWTH SERIES
AIM INTERNATIONAL MUTUAL FUNDS
AIM INVESTMENT FUNDS
AIM INVESTMENT SECURITIES FUNDS
AIM SECTOR FUNDS
AIM TAX-EXEMPT FUNDS
AIM VARIABLE INSURANCE FUNDS
SHORT-TERM INVESTMENTS TRUST
on behalf of the Funds listed in the Exhibits
to this Memorandum of Agreement
 
 
  By:   /s/ John M. Zerr    
    Title:   Senior Vice President   
       
 
  Invesco Aim Advisors, Inc.
 
 
  By:   /s/ John M. Zerr    
  Title:   Senior Vice President   
       

2


 

         
as of December 3, 2009
EXHIBIT “A” — RETAIL FUNDS1
FUNDS WITH FISCAL YEAR END OF FEBRUARY 28
AIM Investment Securities Funds
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Core Bond Fund
  Contractual   0.80%   March 4, 2009   June 30, 2011
Class A Shares
  Contractual   1.55%   March 4, 2009   June 30, 2011
Class B Shares
  Contractual   1.55%   March 4, 2009   June 30, 2011
Class C Shares
  Contractual   1.05%   March 4, 2009   June 30, 2011
Class R Shares
  Contractual   0.55%   March 4, 2009   June 30, 2011
Class Y Shares
  Contractual   0.55%   March 4, 2009   June 30, 2011
Institutional Class Shares
               
 
               
AIM Dynamics Fund
  Contractual   2.00%   July 1, 2009   June 30, 2011
Class A Shares
  Contractual   2.75%   July 1, 2009   June 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2011
Class C Shares
  Contractual   2.25%   July 1, 2009   June 30, 2011
Class R Shares
  Contractual   1.75%   July 1, 2009   June 30, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   June 30, 2011
Investor Class Shares
  Contractual   1.75%   July 1, 2009   June 30, 2011
Institutional Class Shares
               
 
               
AIM Global Real Estate Fund
  Contractual   2.00%   July 1, 2009   June 30, 2011
Class A Shares
  Contractual   2.75%   July 1, 2009   June 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2011
Class C Shares
  Contractual   2.25%   July 1, 2009   June 30, 2011
Class R Shares
  Contractual   1.75%   July 1, 2009   June 30, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   June 30, 2011
Institutional Class Shares
               
 
               
AIM High Yield Fund
  Contractual   0.99%   March 4, 2009   June 30, 2011
Class A Shares
  Contractual   1.74%   March 4, 2009   June 30, 2011
Class B Shares
  Contractual   1.74%   March 4, 2009   June 30, 2011
Class C Shares
  Contractual   0.74%   March 4, 2009   June 30, 2011
Class Y Shares
  Contractual   0.99%   March 4, 2009   June 30, 2011
Investor Class Shares
  Contractual   0.74%   March 4, 2009   June 30, 2011
Institutional Class Shares
               
 
               
AIM Municipal Bond Fund
  Contractual   0.57%   March 4, 2009   June 30, 2011
Class A Shares
  Contractual   1.32%   March 4, 2009   June 30, 2011
Class B Shares
  Contractual   1.32%   March 4, 2009   June 30, 2011
Class C Shares
  Contractual   0.32%   March 4, 2009   June 30, 2011
Class Y Shares
  Contractual   0.57%   March 4, 2009   June 30, 2011
Investor Class Shares
               
 
               
AIM Real Estate Fund
  Contractual   2.00%   July 1, 2009   June 30, 2011
Class A Shares
  Contractual   2.75%   July 1, 2009   June 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2011
Class C Shares
  Contractual   2.25%   July 1, 2009   June 30, 2011
Class R Shares
  Contractual   1.75%   July 1, 2009   June 30, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   June 30, 2011
Investor Class Shares
  Contractual   1.75%   July 1, 2009   June 30, 2011
Institutional Class Shares
               
 
               
AIM Short Term Bond Fund
  Contractual   0.66%   March 4, 2009   June 30, 2011
Class A Shares
  Contractual   0.91%3   March 4, 2009   June 30, 2011
Class C Shares
  Contractual   0.91%   March 4, 2009   June 30, 2011
Class R Shares
  Contractual   0.41%   March 4, 2009   June 30, 2011
Class Y Shares
  Contractual   0.41%   March 4, 2009   June 30, 2011
Institutional Class Shares
               
See page 12 for footnotes to Exhibit A.

3


 

as of December 3, 2009
AIM Tax-Exempt Funds
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM High Income Municipal Fund
               
Class A Shares
  Voluntary   0.80%   March 4, 2009   N/A2
Class B Shares
  Voluntary   1.55%   March 4, 2009   N/A2
Class C Shares
  Voluntary   1.55%   March 4, 2009   N/A2
Class Y Shares
  Voluntary   0.55%   March 4, 2009   N/A2
Institutional Class Shares
  Voluntary   0.55%   March 4, 2009   N/A2
FUNDS WITH FISCAL YEAR END OF APRIL 30
AIM Sector Funds
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Energy Fund
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class A Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Investor Class Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Institutional Class Shares
               
 
               
AIM Financial Services Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Investor Class Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
 
               
AIM Gold & Precious Metals Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Investor Class Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
 
               
AIM Leisure Fund
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class A Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   2.25%   July 1, 2009   June 30, 2010
Class R Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Investor Class Shares
               
 
               
AIM Technology Fund
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class A Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Investor Class Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Institutional Class Shares
               
 
               
AIM Utilities Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Investor Class Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
See page 12 for footnotes to Exhibit A.

4


 

as of December 3, 2009
FUNDS WITH FISCAL YEAR END OF AUGUST 31
AIM Counselor Series Trust
                                 
  Contractual/     Expense     Effective Date of     Expiration  
Fund   Voluntary     Limitation     Current Limit     Date  
AIM Core Plus Bond Fund
                               
Class A Shares
  Contractual   0.90%   June 2, 2009   June 30, 2010
Class B Shares
  Contractual   1.65%   June 2, 2009   June 30, 2010
Class C Shares
  Contractual   1.65%   June 2, 2009   June 30, 2010
Class R Shares
  Contractual   1.15%   June 2, 2009   June 30, 2010
Class Y Shares
  Contractual   0.65%   June 2, 2009   June 30, 2010
Institutional Class Shares
  Contractual   0.65%   June 2, 2009   June 30, 2010
 
                               
AIM Floating Rate Fund
                               
Class A Shares
  Contractual   1.50%   April 14, 2006   June 30, 2010
Class C Shares
  Contractual   2.00%   April 14, 2006   June 30, 2010
Class R Shares
  Contractual   1.75%   April 14, 2006   June 30, 2010
Class Y Shares
  Contractual   1.25%   October 3, 2008   June 30, 2010
Institutional Class Shares
  Contractual   1.25%   April 14, 2006   June 30, 2010
 
                               
AIM Multi-Sector Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   June 20, 2010
 
                               
AIM Select Real Estate Income Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   2.75%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   June 20, 2010
 
                               
AIM Structured Core Fund
                               
Class A Shares
  Contractual   1.00%   July 1, 2009   June 30, 2010
Class B Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Class C Shares
  Contractual   1.75%   July 1, 2009   June 30, 2010
Class R Shares
  Contractual   1.25%   July 1, 2009   June 30, 2010
Class Y Shares
  Contractual   0.75%   July 1, 2009   June 30, 2010
Investor Class Shares
  Contractual   1.00%   July 1, 2009   June 30, 2010
Institutional Class Shares
  Contractual   0.75%   July 1, 2009   June 30, 2010
 
                               
AIM Structured Growth Fund
                               
Class A Shares
  Contractual   1.00%   March 31, 2006   June 30, 2010
Class B Shares
  Contractual   1.75%   March 31, 2006   June 30, 2010
Class C Shares
  Contractual   1.75%   March 31, 2006   June 30, 2010
Class R Shares
  Contractual   1.25%   March 31, 2006   June 30, 2010
Class Y Shares
  Contractual   0.75%   October 3, 2008   June 30, 2010
Institutional Class Shares
  Contractual   0.75%   March 31, 2006   June 30, 2010
 
                               
AIM Structured Value Fund
                               
Class A Shares
  Contractual   1.00%   March 31, 2006   June 30, 2010
Class B Shares
  Contractual   1.75%   March 31, 2006   June 30, 2010
Class C Shares
  Contractual   1.75%   March 31, 2006   June 30, 2010
Class R Shares
  Contractual   1.25%   March 31, 2006   June 30, 2010
Class Y Shares
  Contractual   0.75%   October 3, 2008   June 30, 2010
Institutional Class Shares
  Contractual   0.75%   March 31, 2006   June 30, 2010
See page 12 for footnotes to Exhibit A.

5


 

as of December 3, 2009
FUNDS WITH FISCAL YEAR END OF OCTOBER 31
AIM Equity Funds
                                 
  Contractual/     Expense     Effective Date of     Expiration  
Fund   Voluntary     Limitation     Current Limit     Date  
AIM Capital Development Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
 
                               
AIM Charter Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class S Shares
  Contractual   1.90%   September 25, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
 
                               
AIM Constellation Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
 
                               
AIM Disciplined Equity Fund
                               
Class Y Shares
  Contractual   1.75%   July 14, 2009   February 28, 2011
 
                               
AIM Diversified Dividend Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
 
                               
AIM Large Cap Basic Value Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
 
                               
AIM Large Cap Growth Fund
                               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
See page 12 for footnotes to Exhibit A.

6


 

as of December 3, 2009
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Summit Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class P Shares
  Contractual   1.85%   July 1, 2009   February 28, 2011
Class S Shares
  Contractual   1.90%   September 25, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
AIM International Mutual Funds
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Asia Pacific Growth Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM European Growth Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.50%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
 
               
AIM Global Growth Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM Global Small & Mid Cap Growth Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM International Core Equity Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.50%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM International Growth Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.50%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
See page 12 for footnotes to Exhibit A.

7


 

as of December 3, 2009
AIM Investment Funds
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Balanced-Risk Allocation Fund4
               
Class A Shares
  Contractual   1.04%   November 4, 2009   February 28, 2011
Class B Shares
  Contractual   1.79%   November 4, 2009   February 28, 2011
Class C Shares
  Contractual   1.79%   November 4, 2009   February 28, 2011
Class R Shares
  Contractual   1.29%   November 4, 2009   February 28, 2011
Class Y Shares
  Contractual   0.79%   November 4, 2009   February 28, 2011
Institutional Class Shares
  Contractual   0.79%   November 4, 2009   February 28, 2011
 
               
AIM China Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM Developing Markets Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM Global Health Care Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Investor Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM International Total Return Fund
               
Class A Shares
  Contractual   1.10%   March 31, 2006   February 28, 2011
Class B Shares
  Contractual   1.85%   March 31, 2006   February 28, 2011
Class C Shares
  Contractual   1.85%   March 31, 2006   February 28, 2011
Class Y Shares
  Contractual   0.85%   October 3, 2008   February 28, 2011
Institutional Class Shares
  Contractual   0.85%   March 31, 2006   February 28, 2011
 
               
AIM Japan Fund
               
Class A Shares
  Contractual   2.25%   March 31, 2006   February 28, 2011
Class B Shares
  Contractual   3.00%   March 31, 2006   February 28, 2011
Class C Shares
  Contractual   3.00%   March 31, 2006   February 28, 2011
Class Y Shares
  Contractual   2.00%   October 3, 2008   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   March 31, 2006   February 28, 2011
 
               
AIM LIBOR Alpha Fund
               
Class A Shares
  Contractual   0.85%   March 31, 2006   February 28, 2011
Class C Shares
  Contractual   1.10%3   March 31, 2006   February 28, 2011
Class R Shares
  Contractual   1.10%   March 31, 2006   February 28, 2011
Class Y Shares
  Contractual   0.60%   October 3, 2008   February 28, 2011
Institutional Class Shares
  Contractual   0.60%   March 31, 2006   February 28, 2011
 
               
AIM Trimark Endeavor Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
See page 12 for footnotes to Exhibit A.

8


 

as of December 3, 2009
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Trimark Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.50%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
 
               
AIM Trimark Small Companies Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   February 28, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   February 28, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   February 28, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   February 28, 2011
FUNDS WITH FISCAL YEAR END OF DECEMBER 31
AIM Funds Group
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Basic Balanced Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
Investor Class Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
 
               
AIM European Small Company Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
 
               
AIM Global Core Equity Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
 
               
AIM International Small Company Fund
               
Class A Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   3.00%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   3.00%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
See page 12 for footnotes to Exhibit A.

9


 

as of December 3, 2009
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Mid Cap Basic Value Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
 
               
AIM Select Equity Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
 
               
AIM Small Cap Equity Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
AIM Growth Series
                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Basic Value Fund
               
Class A Shares
  Contractual   2.00%   July 1, 2009   April 30, 2011
Class B Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class C Shares
  Contractual   2.75%   July 1, 2009   April 30, 2011
Class R Shares
  Contractual   2.25%   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual   1.75%   July 1, 2009   April 30, 2011
 
               
AIM Balanced-Risk Retirement Now Fund
               
Class A Shares
  Contractual   0.25%   November 4, 2009   April 30, 2011
Class B Shares
  Contractual   1.00%   November 4, 2009   April 30, 2011
Class C Shares
  Contractual   1.00%   November 4, 2009   April 30, 2011
Class R Shares
  Contractual   0.50%   November 4, 2009   April 30, 2011
Class Y Shares
  Contractual   0.00%   November 4, 2009   April 30, 2011
Institutional Class Shares
  Contractual   0.00%   November 4, 2009   April 30, 2011
 
               
AIM Balanced-Risk Retirement 2010 Fund
               
Class A Shares
  Contractual   0.25%   November 4, 2009   April 30, 2011
Class B Shares
  Contractual   1.00%   November 4, 2009   April 30, 2011
Class C Shares
  Contractual   1.00%   November 4, 2009   April 30, 2011
Class R Shares
  Contractual   0.50%   November 4, 2009   April 30, 2011
Class Y Shares
  Contractual   0.00%   November 4, 2009   April 30, 2011
Institutional Class Shares
  Contractual   0.00%   November 4, 2009   April 30, 2011
 
               
AIM Balanced-Risk Retirement 2020 Fund
               
Class A Shares
  Contractual   0.25%   November 4, 2009   April 30, 2011
Class B Shares
  Contractual   1.00%   November 4, 2009   April 30, 2011
Class C Shares
  Contractual   1.00%   November 4, 2009   April 30, 2011
Class R Shares
  Contractual   0.50%   November 4, 2009   April 30, 2011
Class Y Shares
  Contractual   0.00%   November 4, 2009   April 30, 2011
Institutional Class Shares
  Contractual   0.00%   November 4, 2009   April 30, 2011
See page 12 for footnotes to Exhibit A.

10


 

as of December 3, 2009
See page 12 for footnotes to Exhibit A.
                                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM Balanced-Risk Retirement 2030 Fund
                               
Class A Shares
  Contractual     0.25 %   November 4, 2009   April 30, 2011
Class B Shares
  Contractual     1.00 %   November 4, 2009   April 30, 2011
Class C Shares
  Contractual     1.00 %   November 4, 2009   April 30, 2011
Class R Shares
  Contractual     0.50 %   November 4, 2009   April 30, 2011
Class Y Shares
  Contractual     0.00 %   November 4, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.00 %   November 4, 2009   April 30, 2011
 
                               
AIM Balanced-Risk Retirement 2040 Fund
                               
Class A Shares
  Contractual     0.25 %   November 4, 2009   April 30, 2011
Class B Shares
  Contractual     1.00 %   November 4, 2009   April 30, 2011
Class C Shares
  Contractual     1.00 %   November 4, 2009   April 30, 2011
Class R Shares
  Contractual     0.50 %   November 4, 2009   April 30, 2011
Class Y Shares
  Contractual     0.00 %   November 4, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.00 %   November 4, 2009   April 30, 2011
 
                               
AIM Balanced-Risk Retirement 2050 Fund
                               
Class A Shares
  Contractual     0.25 %   November 4, 2009   April 30, 2011
Class B Shares
  Contractual     1.00 %   November 4, 2009   April 30, 2011
Class C Shares
  Contractual     1.00 %   November 4, 2009   April 30, 2011
Class R Shares
  Contractual     0.50 %   November 4, 2009   April 30, 2011
Class Y Shares
  Contractual     0.00 %   November 4, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.00 %   November 4, 2009   April 30, 2011
 
                               
AIM Conservative Allocation Fund
                               
Class A Shares
  Contractual     0.48 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.23 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     1.23 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.73 %   July 1, 2009   April 30, 2011
Class S Shares
  Contractual     0.38 %   September 25, 2009   April 30, 2011
Class Y Shares
  Contractual     0.23 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.23 %   July 1, 2009   April 30, 2011
 
                               
AIM Global Equity Fund
                               
Class A Shares
  Contractual     2.25 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     3.00 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     3.00 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     2.50 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     2.00 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     2.00 %   July 1, 2009   April 30, 2011
 
                               
AIM Growth Allocation Fund
                               
Class A Shares
  Contractual     0.46 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.21 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     1.21 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.71 %   July 1, 2009   April 30, 2011
Class S Shares
  Contractual     0.36 %   September 25, 2009   April 30, 2011
Class Y Shares
  Contractual     0.21 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.21 %   July 1, 2009   April 30, 2011
 
                               
AIM Income Allocation Fund
                               
Class A Shares
  Contractual     0.28 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.03 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     1.03 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.53 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     0.03 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.03 %   July 1, 2009   April 30, 2011
See page 12 for footnotes to Exhibit A.

11


 

as of December 3, 2009
                                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM International Allocation Fund
                               
Class A Shares
  Contractual     0.43 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.18 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     1.18 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.68 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     0.18 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.18 %   July 1, 2009   April 30, 2011
 
                               
AIM Mid Cap Core Equity Fund
                               
Class A Shares
  Contractual     2.00 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     2.75 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     2.75 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     2.25 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     1.75 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     1.75 %   July 1, 2009   April 30, 2011
 
                               
AIM Moderate Allocation Fund
                               
Class A Shares
  Contractual     0.37 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.12 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     0.12 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.62 %   July 1, 2009   April 30, 2011
Class S Shares
  Contractual     0.27 %   September 25, 2009   April 30, 2011
Class Y Shares
  Contractual     0.12 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.12 %   July 1, 2009   April 30, 2011
 
                               
AIM Moderate Growth Allocation Fund
                               
Class A Shares
  Contractual     0.37 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.12 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     1.12 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.62 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     0.12 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.12 %   July 1, 2009   April 30, 2011
 
                               
AIM Moderately Conservative Allocation Fund
                               
Class A Shares
  Contractual     0.39 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     1.14 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     1.14 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     0.64 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     0.14 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     0.14 %   July 1, 2009   April 30, 2011
 
                               
AIM Small Cap Growth Fund
                               
Class A Shares
  Contractual     2.00 %   July 1, 2009   April 30, 2011
Class B Shares
  Contractual     2.75 %   July 1, 2009   April 30, 2011
Class C Shares
  Contractual     2.75 %   July 1, 2009   April 30, 2011
Class R Shares
  Contractual     2.25 %   July 1, 2009   April 30, 2011
Class Y Shares
  Contractual     1.75 %   July 1, 2009   April 30, 2011
Investor Class Shares
  Contractual     2.00 %   July 1, 2009   April 30, 2011
Institutional Class Shares
  Contractual     1.75 %   July 1, 2009   April 30, 2011
 
1   The total operating expenses of any class of shares established after the date of this Memorandum of Agreement will be limited to the amount established for Class A Shares plus the difference between the new class 12b-1 rate and the Class A 12b-1 rate.
 
2   AIM may establish, amend or terminate voluntary waivers at any time in its sole discretion after consultation with the Trust.
 
3   The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Aim Distributors, Inc.
 
4   Includes waived fees or reimbursed expenses that Invesco Aim receives from Invesco Aim Cayman Commodity Fund I, Ltd.

12


 

as of December 3, 2009
EXHIBIT “B” — INSTITUTIONAL MONEY MARKET FUNDS1,2
FUNDS WITH FISCAL YEAR END OF AUGUST 31
Short-Term Investments Trust
                                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
Government & Agency Portfolio
                               
Cash Management Class
  Contractual     0.22 %2   July 1, 2009   June 30, 2010
Corporate Class
  Contractual     0.17 %   July 1, 2009   June 30, 2010
Institutional Class
  Contractual     0.14 %   July 1, 2009   June 30, 2010
Personal Investment Class
  Contractual     0.69 %2   July 1, 2009   June 30, 2010
Private Investment Class
  Contractual     0.44 %2   July 1, 2009   June 30, 2010
Reserve Class
  Contractual     1.01 %2   July 1, 2009   June 30, 2010
Resource Class
  Contractual     0.30 %2   July 1, 2009   June 30, 2010
 
                               
Government TaxAdvantage Portfolio
                               
Cash Management Class
  Contractual     0.22 %2   July 1, 2009   June 30, 2010
Corporate Class
  Contractual     0.17 %   July 1, 2009   June 30, 2010
Institutional Class
  Contractual     0.14 %   July 1, 2009   June 30, 2010
Personal Investment Class
  Contractual     0.69 %2   July 1, 2009   June 30, 2010
Private Investment Class
  Contractual     0.39 %2   July 1, 2009   June 30, 2010
Reserve Class
  Contractual     1.01 %2   July 1, 2009   June 30, 2010
Resource Class
  Contractual     0.30 %2   July 1, 2009   June 30, 2010
 
                               
Liquid Assets Portfolio
                               
Cash Management Class
  Contractual     0.22 %2   July 1, 2009   June 30, 2010
Corporate Class
  Contractual     0.17 %   July 1, 2009   June 30, 2010
Institutional Class
  Contractual     0.14 %   July 1, 2009   June 30, 2010
Personal Investment Class
  Contractual     0.69 %2   July 1, 2009   June 30, 2010
Private Investment Class
  Contractual     0.44 %2   July 1, 2009   June 30, 2010
Reserve Class
  Contractual     1.01 %2   July 1, 2009   June 30, 2010
Resource Class
  Contractual     0.34 %   July 1, 2009   June 30, 2010
 
                               
STIC Prime Portfolio
                               
Cash Management Class
  Contractual     0.22 %2   July 1, 2009   June 30, 2010
Corporate Class
  Contractual     0.17 %   July 1, 2009   June 30, 2010
Institutional Class
  Contractual     0.14 %   July 1, 2009   June 30, 2010
Personal Investment Class
  Contractual     0.69 %2   July 1, 2009   June 30, 2010
Private Investment Class
  Contractual     0.44 %2   July 1, 2009   June 30, 2010
Reserve Class
  Contractual     1.01 %2   July 1, 2009   June 30, 2010
Resource Class
  Contractual     0.30 %2   July 1, 2009   June 30, 2010
 
                               
Tax-Free Cash Reserve Portfolio
                               
Cash Management Class
  Contractual     0.33 %2   July 1, 2009   June 30, 2010
Corporate Class
  Contractual     0.28 %   July 1, 2009   June 30, 2010
Institutional Class
  Contractual     0.25 %   July 1, 2009   June 30, 2010
Personal Investment Class
  Contractual     0.80 %2   July 1, 2009   June 30, 2010
Private Investment Class
  Contractual     0.50 %2   July 1, 2009   June 30, 2010
Reserve Class
  Contractual     1.12 %2   July 1, 2009   June 30, 2010
Resource Class
  Contractual     0.41 %2   July 1, 2009   June 30, 2010
See page 14 for footnotes to Exhibit C.

13


 

as of December 3, 2009
                                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
Treasury Portfolio3
                               
Cash Management Class
  Contractual     0.22 %2   July 1, 2009   June 30, 2010
Corporate Class
  Contractual     0.17 %   July 1, 2009   June 30, 2010
Institutional Class
  Contractual     0.14 %   July 1, 2009   June 30, 2010
Personal Investment Class
  Contractual     0.69 %2   July 1, 2009   June 30, 2010
Private Investment Class
  Contractual     0.44 %2   July 1, 2009   June 30, 2010
Reserve Class
  Contractual     1.01 %2   July 1, 2009   June 30, 2010
Resource Class
  Contractual     0.30 %2   July 1, 2009   June 30, 2010
 
1   The expense rate excluding 12b-1 fees of any class of shares established after the date of this Memorandum of Agreement will be the same as existing classes.
 
2   The expense limit shown is the expense limit after Rule 12b-1 fee waivers by Invesco Aim Distributors, Inc.
 
3   The expense limitation also excludes Trustees’ fees and federal registration expenses.

14


 

as of December 3, 2009
EXHIBIT “C” — VARIABLE INSURANCE FUNDS
AIM Variable Insurance Funds
                                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM V.I. Basic Balanced Fund
                               
Series I Shares
  Contractual     0.91 %   July 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.16 %   July 1, 2005   April 30, 2011
 
                               
AIM V.I. Basic Value Fund
                               
Series I Shares
  Contractual     1.30 %   January 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   January 1, 2005   April 30, 2011
 
                               
AIM V.I. Capital Appreciation Fund
                               
Series I Shares
  Contractual     1.30 %   January 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   January 1, 2005   April 30, 2011
 
                               
AIM V.I. Capital Development Fund
                               
Series I Shares
  Contractual     1.30 %   January 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   January 1, 2005   April 30, 2011
 
                               
AIM V.I. Core Equity Fund
                               
Series I Shares
  Contractual     1.30 %   January 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   January 1, 2005   April 30, 2011
 
                               
AIM V.I. Diversified Income Fund
                               
Series I Shares
  Contractual     0.75 %   July 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.00 %   July 1, 2005   April 30, 2011
 
                               
AIM V.I. Dynamics Fund
                               
Series I Shares
  Contractual     1.30 %   April 30, 2004   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. Financial Services Fund
                               
Series I Shares
  Contractual     1.30 %   April 30, 2004   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. Global Health Care Fund
                               
Series I Shares
  Contractual     1.30 %   April 30, 2004   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. Global Real Estate Fund
                               
Series I Shares
  Contractual     1.30 %   April 30, 2004   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. Government Securities
  Contractual     0.73 %   July 1, 2005   April 30, 2011
Fund
                               
Series I Shares
                               
 
                               
Series II Shares
  Contractual     0.98 %   July 1, 2005   April 30, 2011

15


 

as of December 3, 2009
                                 
  Contractual/   Expense   Effective Date of   Expiration
Fund   Voluntary   Limitation   Current Limit   Date
AIM V.I. High Yield Fund
                               
Series II Shares
  Contractual     0.95 %   July 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.20 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. International Growth Fund
                               
Series I Shares
  Contractual     1.30 %   January 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   January 1, 2005   April 30, 2011
 
                               
AIM V.I. Large Cap Growth Fund
                               
Series I Shares
  Contractual     1.01 %   July 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.26 %   July 1, 2005   April 30, 2011
 
                               
AIM V.I. Leisure Fund
                               
Series I Shares
  Contractual     1.01 %   April 30, 2004   April 30, 2011
 
                               
Series II Shares
  Contractual     1.26 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. Mid Cap Core Equity Fund
                               
Series I Shares
  Contractual     1.30 %   September 10, 2001   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   September 10, 2001   April 30, 2011
 
                               
AIM V.I. Money Market Fund
                               
Series I Shares
  Contractual     1.30 %   January 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   January 1, 2005   April 30, 2011
 
                               
AIM V.I. PowerShares ETF Allocation Fund
                               
Series I Shares
  Contractual     0.18 %   October 22, 2008   April 30, 2011
 
                               
Series II Shares
  Contractual     0.43 %   October 22, 2008   April 30, 2011
 
                               
AIM V.I. Small Cap Equity Fund
                               
Series I Shares
  Contractual     1.15 %   July 1, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.40 %   July 1, 2005   April 30, 2011
 
                               
AIM V.I. Technology Fund
                               
Series I Shares
  Contractual     1.30 %   April 30, 2004   April 30, 2011
 
                               
Series II Shares
  Contractual     1.45 %   April 30, 2004   April 30, 2011
 
                               
AIM V.I. Utilities Fund
                               
Series I Shares
  Contractual     0.93 %   September 23, 2005   April 30, 2011
 
                               
Series II Shares
  Contractual     1.18 %   September 23, 2005   April 30, 2011

16