Total Return Fund. The Adviser shall serve as investment adviser for the Portfolio of the Trust listed below. The Trust will pay the Adviser, as full compensation for all services provided under this Agreement with respect to the Portfolio, the fee computed separately for the Portfolio at an annual rate as follows (the "Adviser Fee"). Pacific Investment Management Company (“PIMCO”) is the Subadviser to the Portfolio During the period during which PIMCO is the subadviser to the Portfolio, if Relationship Net Assets* equal or exceed $3 Billion, the following fee schedule shall apply: Portfolio First $1 Billion of Total Return Net Assets** Excess Over $1 Billion of Total Return Net Assets** Total Return Fund 0.700% 0.675% If Relationship Net Assets* are less than $3 Billion, the following fee schedule shall apply: Portfolio All Asset Levels Total Return Fund 0.700% *The term Relationship Net Assets shall mean the aggregate net assets of all portfolios of the Jxxx Hxxxxxx Trust and the Jxxx Hxxxxxx Funds II that are subadvised by PIMCO. These funds currently include the Total Return Trust, the Real Return Bond Trust and the Global Bond Trust, each a series of the Trust, and the Total Return Fund, the Real Return Bond Fund and the Global Bond Fund, each a series of Jxxx Hxxxxxx Funds II. PIMCO is not the Subadviser to the Portfolio If PIMCO is not the subadviser to the Portfolio, the following fee schedule shall apply: Portfolio First $1 Billion of Total Return Net Assets** Excess Over $1 Billion of Total Return Net Assets** Total Return Fund 0.700% 0.675% **The term Total Return Net Assets includes the net assets of the Portfolio. It also includes with respect to the Portfolio the net assets of the Total Return Trust, a series of Jxxx Hxxxxxx Trust but only for the period during which the subadviser for the Portfolio also serves as the subadviser for the Total Return Trust. For purposes of determining Total Return Net Assets and calculating the Advisory Fee, the net assets of the Portfolio are determined as of the close of business on the previous business day of the Trust, and the net assets of the Total Return Trust are determined as of the close of business on the previous business day of that fund. The Adviser Fee for a Portfolio shall be based on the applicable annual fee rate for the Portfolio which for each day shall be equal to (i) the sum of the amounts determined by applying the annual percentage rates in the table to the applicable portions of Total Return Net Assets ...
Total Return Fund. Effective June 1, 2013, the Adviser voluntarily agrees to reduce its advisory fee that would be payable by the Total Return Fund (after giving effect to asset-based breakpoints) by 0.02% of the Total Return Fund's average daily net assets. The Adviser may terminate this voluntary waiver at any time upon notice to the Total Return Fund.
Total Return Fund. Effective January 1, 2015, the Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Retirement Living through 2010 Portfolio Retirement Living through 2015 Portfolio Retirement Living through 2020 Portfolio Retirement Living through 2025 Portfolio Retirement Living through 2030 Portfolio Retirement Living through 2035 Portfolio Retirement Living through 2040 Portfolio Retirement Living through 2045 Portfolio Retirement Living through 2050 Portfolio Retirement Living through 2055 Portfolio Effective February 18, 2015, the advisor has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each fund’s average net assets. This expense limitation agreement expires on December 31, 2016, unless renewed by mutual agreement of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time. Lifestyle Aggressive Portfolio Lifestyle Growth Portfolio Lifestyle Balanced Portfolio Lifestyle Moderate Portfolio Lifestyle Conservative Portfolio Effective February 18, 2015, the advisor has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each fund’s average net assets. This expense limitation agreement expires on April 30, 2017, unless renewed by mutual agreement of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time. APPENDIX H Retirement Living Portfolios’ Class Only Expense Limitation Agreement Retirement Living Portfolios
Total Return Fund. The Adviser voluntarily agrees to reduce its advisory fee that would be payable by the Total Return Fund (after giving effect to asset-based breakpoints) by 0.07% of the Total Return Fund's average daily net assets. Alpha Opportunities Fund The Adviser voluntarily agrees to reduce its advisory fee that would be payable by the Alpha Opportunities Fund (after giving effect to asset-based breakpoints) by 0.03% of the Alpha Opportunities Fund's average daily net assets. APPENDIX K Alternative Asset Allocation Expense Limitation Agreement
Total Return Fund. Effective January 1, 2015, the Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. APPENDIX G Retirement Living Portfolios’ Class Only Expense Limitation Agreement
Total Return Fund. The Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the 1 At the September 26-28, 2017 meeting of the Board of Trustees of the Trust, the Adviser notified the Board of, and the Board approved, the extension of the expiration date to December 31, 2018 of the management fee waiver for Income Allocation Fund, International Value Fund, and Natural Resources Fund, each effective upon the current expiration date of December 31, 2017. Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Multimanager 2010 Lifetime Portfolio Multimanager 2015 Lifetime Portfolio Multimanager 2020 Lifetime Portfolio Multimanager 2025 Lifetime Portfolio Multimanager 2030 Lifetime Portfolio Multimanager 2035 Lifetime Portfolio Multimanager 2040 Lifetime Portfolio Multimanager 2045 Lifetime Portfolio Multimanager 2050 Lifetime Portfolio Multimanager 2055 Lifetime Portfolio The Adviser has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each Fund’s average net assets. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Multimanager Lifestyle Aggressive Portfolio Multimanager Lifestyle Growth Portfolio Multimanager Lifestyle Balanced Portfolio Multimanager Lifestyle Moderate Portfolio Multimanager Lifestyle Conservative Portfolio The Adviser has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each Fund’s average net assets. This expense limitation agreement expires on April 30, 2018, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time.
Total Return Fund. The Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Multimanager 2010 Lifetime Portfolio Multimanager 2015 Lifetime Portfolio Multimanager 2020 Lifetime Portfolio Multimanager 2025 Lifetime Portfolio Multimanager 2030 Lifetime Portfolio Multimanager 2035 Lifetime Portfolio Multimanager 2040 Lifetime Portfolio Multimanager 2045 Lifetime Portfolio Multimanager 2050 Lifetime Portfolio Multimanager 2055 Lifetime Portfolio The Adviser has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each Fund’s average net assets. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Multimanager Lifestyle Aggressive Portfolio Multimanager Lifestyle Growth Portfolio Multimanager Lifestyle Balanced Portfolio Multimanager Lifestyle Moderate Portfolio Multimanager Lifestyle Conservative Portfolio The Adviser has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each Fund’s average net assets. This expense limitation agreement expires on April 30, 2018, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time.
Total Return Fund. Effective January 1, 2015, the Adviser contractually agrees to reduce its management fee by 0.025% on aggregate net assets of the Fund and another fund that equal or exceed $3 billion. This expense limitation agreement expires on December 31, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Retirement Living through 2010 Portfolio Retirement Living through 2015 Portfolio Retirement Living through 2020 Portfolio Retirement Living through 2025 Portfolio Retirement Living through 2030 Portfolio Retirement Living through 2035 Portfolio Retirement Living through 2040 Portfolio Retirement Living through 2045 Portfolio Retirement Living through 2050 Portfolio Retirement Living through 2055 Portfolio Effective February 18, 2015, the Adviser has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each Fund’s average net assets. This expense limitation agreement expires on December 31, 2016, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. Lifestyle Aggressive Portfolio Lifestyle Growth Portfolio Lifestyle Balanced Portfolio Lifestyle Moderate Portfolio Lifestyle Conservative Portfolio Effective February 18, 2015, the Adviser has contractually agreed to waive its advisory fees and/or reduce expenses by 0.002% of each Fund’s average net assets. This expense limitation agreement expires on April 30, 2017, unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. APPENDIX I [Class Only Contractual Expense Limitations] For each Fund listed in the table below, the Adviser contractually agrees to reduce its management fee or, if necessary, make payment to each of the following share classes of the Fund in an amount equal to the amount by which the “Expenses” of the share class exceed the percentage of average annual net assets (on an annualized basis) attributable to the class set forth in the table.
Total Return Fund. The Adviser voluntarily agrees to reduce its advisory fee that would be payable by the Total Return Fund (after giving effect to asset-based breakpoints) by 0.07% of the Total Return Fund's average daily net assets. Alpha Opportunities Fund The Adviser voluntarily agrees to reduce its advisory fee that would be payable by the Alpha Opportunities Fund (after giving effect to asset-based breakpoints) by 0.03% of the Alpha Opportunities Fund's average daily net assets. Floating Rate Income Fund The Adviser voluntarily agrees to reduce its advisory fee that would be payable by the Floating Rate Income Fund (after giving effect to asset-based breakpoints) by 0.02% of the Floating Rate Income Fund’s average daily net assets. APPENDIX K Alternative Asset Allocation Expense Limitation Agreement
Total Return Fund. Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following: "APPENDIX A TO SECOND AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT OF AIM VARIABLE INSURANCE FUNDS PORTFOLIOS EFFECTIVE DATE OF AGREEMENT ---------- --------------------------- AIM V.I. Aggressive Growth Fund July 1, 2004 AIM V.I. Basic Balanced Fund July 1, 2004 AIM V.I. Basic Value Fund July 1, 2004 AIM V.I. Blue Chip Fund July 1, 2004 AIM V.I. Capital Appreciation Fund July 1, 2004 AIM V.I. Capital Development Fund July 1, 2004 AIM V.I. Core Equity Fund July 1, 2004 AIM V.I. Core Stock Fund July 1, 2004 AIM V.I. Demographic Trends Fund July 1, 2004 AIM V.I. Diversified Income Fund July 1, 2004 AIM V.I. Dynamics Fund July 1, 2004 AIM V.I. Financial Services Fund July 1, 2004 AIM V.I. Global Health Care Fund July 1, 2004 AIM V.I. Government Securities Fund July 1, 2004 AIM V.I. Growth Fund July 1, 2004 AIM V.I. High Yield Fund July 1, 2004 AIM V.I. International Growth Fund July 1, 2004 AIM V.I. Large Cap Growth Fund July 1, 2004 AIM V.I. Leisure Fund July 1, 2004 AIM V.I. Mid Cap Core Equity Fund July 1, 2004 AIM V.I. Money Market Fund July 1, 2004 AIM V.I. Premier Equity Fund July 1, 2004 AIM V.I. Real Estate Fund July 1, 2004 AIM V.I. Small Cap Equity Fund July 1, 2004 AIM V.I. Small Company Growth Fund July 1, 2004 AIM V.I. Technology Fund July 1, 2004 AIM V.I. Utilities Fund July 1, 2004 The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows: Rate* Net Assets ----- ---------- 0.023% First $1.5 billion 0.013% Next $1.5 billion 0.003% Over $3 billion * Annual minimum fee is $50,000. An additional $10,000 per class of shares is charged for each class other than the initial class. The $10,000 class fee is waived for any of the above Portfolios with insufficient assets to result in the payment of more than the minimum fee of $50,000." All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. Dated: December 21, 2005 A I M ADVISORS, INC. Attest: /s/ P. Michelle Grace By: /s/ Mxxx X. Xxxxxxxson ----------------------------- ------------------------------------ P. Michelle Grace Mxxx X. Xxxxxxxson Assistaxx Xxxxxxxxx President (SEAL) AIM VARIABLE INSURANCE FUNDS Attest: /s/ Jim A. Coppedge By: /s/ Xxxxxx X. Xxxham ----------------------------- ------------------------------------ Jim A. Coppedge Xxxxxx X. Xxxham Assistant Xxxxx...
