AMENDMENT NUMBER 1 TO THE
TRANSFER AGENCY AND SERVICE AGREEMENT
This Amendment, dated as of July 1, 2005 (the "Amendment"), amends the
Transfer Agency and Service Agreement made as of the 4th day of November 2003,
by and between TAX-FREE INVESTMENTS TRUST, a Delaware statutory trust, having
its principal office and place of business at 00 Xxxxxxxx Xxxxx, Xxxxx 000,
Xxxxxxx, Xxxxx 00000 (the "Fund"), and AIM Investment Services, Inc., a Delaware
corporation having its principal office and place of business at 00 Xxxxxxxx
Xxxxx, Xxxxx 000, Xxxxxxx, Xxxxx 00000, (the "Transfer Agent").
WHEREAS, the parties desire to amend the Agreement to reflect that out-of-pocket
expenses will be paid for by the Transfer Agent and not the Fund.
NOW THEREFORE, the parties hereto, intending to be legally bound, hereby agree
as follows:
1. Section 2.01 is hereby deleted in its entirety and replaced with
the following:
"For performance by the Transfer Agent pursuant to this
Agreement, the Fund agrees on behalf of each of the Portfolios
to pay the Transfer Agent an annual fee in the amount of .015%
of average daily net assets, payable monthly. Such fee may be
changed from time to time subject to mutual written agreement
between the Fund and the Transfer Agent."
2. Section 2.03 is hereby deleted in its entirety and replaced with
the following:
"In addition to the fee paid under Section 2.01 above, the Fund
agrees to reimburse the Transfer Agent for out-of-pocket
expenses or advances incurred by the Transfer Agent for the
reconcilement of demand deposit accounts on behalf of each of
the Portfolios. In addition, any other expenses incurred by the
Transfer Agent at the request or with the consent of the Fund,
will be reimbursed by the fund on behalf of the applicable
Shares."
IN WITNESS WHEREOF, the parties hereto have entered into this Amendment as of
the date first above written.
TAX-FREE INVESTMENTS TRUST
By:
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ATTEST:
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Assistant Secretary
AIM INVESTMENT SERVICES, INC.
By:
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ATTEST:
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Assistant Secretary
