EX-99.D1.D 5 h05042exv99wd1wd.txt AMEND. #3 TO MASTER INVESTMENT ADVISORY AGREEMENT EXHIBIT d(1)(d) AMENDMENT NO. 3 TO MASTER INVESTMENT ADVISORY AGREEMENT This amendment dated as of May 1, 2002, amends the Master Investment Advisory Agreement (the "Agreement"), dated May 1, 2000, between AIM Variable Insurance Funds, a Delaware business trust, and A I M Advisors, Inc., a Delaware corporation. W I T N E S S E T H: WHEREAS, the parties desire to amend the Agreement to reflect the name change of AIM V.I. Growth and Income Fund to AIM V.I. Core Equity Fund, AIM V.I. International Equity Fund to AIM V.I. International Growth Fund, AIM V.I. Mid Cap Equity Fund to AIM V.I. Mid Cap Core Equity Fund, and AIM V.I. Value Fund to AIM V.I. Premier Equity Fund; 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 V.I. Aggressive Growth Fund May 1, 2000 AIM V.I. Balanced Fund May 1, 2000 AIM V.I. Basic Value Fund September 10, 2001 AIM V.I. Blue Chip Fund May 1, 2000 AIM V.I. Capital Appreciation Fund May 1, 2000 AIM V.I. Capital Development Fund May 1, 2000 AIM V.I. Core Equity Fund May 1, 2000 AIM V.I. Dent Demographic Trends Fund May 1, 2000 AIM V.I. Diversified Income Fund May 1, 2000 AIM V.I. Global Utilities Fund May 1, 2000 AIM V.I. Government Securities Fund May 1, 2000 AIM V.I. Growth Fund May 1, 2000 AIM V.I. High Yield Fund May 1, 2000 AIM V.I. International Growth Fund May 1, 2000 AIM V.I. Mid Cap Core Equity Fund September 10, 2001 AIM V.I. Money Market Fund May 1, 2000 AIM V.I. New Technology Fund May 1, 2001 AIM V.I. Premier Equity Fund May 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 V.I. CAPITAL APPRECIATION FUND AIM V.I. GROWTH FUND AIM V.I. CORE EQUITY FUND AIM V.I. GLOBAL UTILITIES FUND AIM V.I. PREMIER EQUITY FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.................................... 0.65% Over $250 million..................................... 0.60%
AIM V.I. AGGRESSIVE GROWTH FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $150 million.................................... 0.80% Over $150 million..................................... 0.625%
AIM V.I. BALANCED FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $150 million.................................... 0.75% Over $150 million..................................... 0.50%
AIM V.I. BASIC VALUE FUND AIM V.I. MID CAP CORE EQUITY FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $500 million.................................... 0.725% Next $500 million..................................... 0.700% Next $500 million..................................... 0.675% Excess over $1.5 billion.............................. 0.65%
AIM V.I. BLUE CHIP FUND AIM V.I. CAPITAL DEVELOPMENT FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $350 million.................................... 0.75% Over $350 million..................................... 0.625%
AIM V.I. DENT DEMOGRAPHIC TRENDS FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $2 billion............................ ......... 0.85% Over $2 billion....................................... 0.80%
AIM V.I. DIVERSIFIED INCOME FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.................................... 0.60% Over $250 million................................ .... 0.55%
AIM V.I. NEW TECHNOLOGY FUND
NET ASSETS ANNUAL RATE ---------- ----------- Average Daily Net Assets.............................. 1.00%
AIM V.I. GOVERNMENT SECURITIES FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.................................... 0.50% Over $250 million..................................... 0.45%
AIM V.I. HIGH YIELD FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $200 million.................................... 0.625% Next $300 million..................................... 0.55% Next $500 million..................................... 0.50% Amount over $1 billion................................ 0.45%
AIM V.I. INTERNATIONAL GROWTH FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.................................... 0.75% Over $250 million..................................... 0.70%
AIM V.I. MONEY MARKET FUND
NET ASSETS ANNUAL RATE ---------- ----------- First $250 million.................................... 0.40% Over $250 million..................................... 0.35%"
2. In all other respects, the Agreement is hereby confirmed and remains in full force and effect. IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers on the date first written above. Date: May 1, 2002 AIM VARIABLE INSURANCE FUNDS Attest: /s/ Nancy L. Martin By: /s/ Robert H. Graham ---------------------------- ----------------------------- Assistant Secretary President (SEAL) A I M ADVISORS, INC. Attest: /s/ Nancy L. Martin By: /s/ Robert H. Graham ---------------------------- ----------------------------- Assistant Secretary President (SEAL)