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EXHIBIT 3.12
[AMVESCAP LETTERHEAD]
September 29, 1998
Amended and Restated Transfer Restriction Agreement
November 4, 1996
To the Persons Named
in the Transfer Restriction
Agreement Referred to Below:
Reference is made to the Amended and Restated Transfer Restriction
Agreement (the "Agreement") dated November 4, 1996 among AMVESCAP PLC,
formerly named INVESCO, PLC ("AMVESCAP") and the persons named therein.
Capitalized terms used herein without definition have the meanings given to
them in the Agreement.
Section 3(g) of the Agreement limits the Transfers of Ordinary Shares
permitted by such Section 3(g) only to Transfers of the Ordinary Shares received
upon the exercise of those Options that were unvested at the Effective Time.
AMVESCAP hereby waives the limitation in such Section 3(g) that limits
the applicability of such section to the Ordinary Shares received upon the
exercise of Options vested at the Effective Time. As a result of this waiver,
any Ordinary Shares received upon the exercise of Options vested at the
Effective Time may be Transferred pursuant to Section 3(g) to the same extent
that Ordinary Shares received upon the exercise of Options unvested at the
Effective Time may be Transferred pursuant to such Section 3(g).
Sincerely,
AMVESCAP PLC
By /s/ XXXXXX X. XXXXXXXXXX
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Name: Xxxxxx X. XxXxxxxxxx
Chief Financial Officer
