AMENDMENT NO. 4
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of September 28, 1999, amends the Master
Investment Advisory Agreement (the "Agreement"), dated February 28, 1997,
between AIM Equity Funds, Inc., a Maryland corporation, 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 add a new
portfolio, the AIM Mid Cap Growth Fund;
NOW, THEREFORE, the parties agree as follows;
1. Appendix A to the Agreement is hereby deleted in its
entirety and replaced with the following:
"APPENDIX A
TO
MASTER INVESTMENT ADVISORY AGREEMENT
OF
AIM EQUITY FUNDS, INC.
The Company shall pay the Advisor, out of the assets of a Fund, as
full compensation for all services rendered and all facilities furnished
hereunder, a management 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 AGGRESSIVE GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $150 million............................................... 0.80%
Over $150 million................................................ 0.625%
AIM BLUE CHIP FUND
AIM CAPITAL DEVELOPMENT FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $350 million............................................... 0.75%
Over $350 million................................................ 0.625%
AIM CHARTER FUND
AIM CONSTELLATION FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $30 million................................................ 1.00%
Over $30 million to and including $150 million................... 0.75%
Over $150 million................................................ 0.625%
AIM DENT DEMOGRAPHIC TRENDS FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $2 billion................................................. 0.85%
Over $2 billion.................................................. 0.80%
AIM LARGE CAP BASIC VALUE FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion................................................. 0.60%
Over $1 billion to and including $2 billion...................... 0.575%
Over $2 billion.................................................. 0.55%
AIM LARGE CAP GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion................................................. 0.75%
Over $1 billion to and including $2 billion...................... 0.70%
Over $2 billion.................................................. 0.625%
AIM MID CAP GROWTH FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $1 billion................................................. 0.80%
Over $1 billion.................................................. 0.75%
AIM XXXXXXXXXX FUND
NET ASSETS ANNUAL RATE
---------- -----------
First $30 million................................................ 1.00%
Over $30 million to and including $350 million................... 0.75%
Over $350 million................................................ 0.625%"
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.
AIM EQUITY FUNDS, INC.
Attest: Xxxxx X. Xxxxxxx By: Xxxxxx X. Xxxxxx
-------------------------- --------------------------
Assistant Secretary Senior Vice President
(SEAL)
A I M ADVISORS, INC.
Attest: Xxxx X. Xxxx By: Xxxxx X. Xxxxxxx
-------------------------- --------------------------
Assistant Secretary Senior Vice President
(SEAL)