AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT
THIS AMENDMENT NO. 1 TO MANAGEMENT AGREEMENT ("Amendment") is made as of
the 1st day of August, 2010, by and between AMERICAN CENTURY MUTUAL FUNDS,
INC., a Maryland corporation (hereinafter called the "Corporation"), and
AMERICAN CENTURY INVESTMENT MANAGEMENT, INC., a Delaware corporation
(hereinafter called the "Investment Manager").
WHEREAS, the Corporation and the Investment Manager are parties to that
certain Management Agreement dated March 1, 2010 ("Agreement"); and
WHEREAS, the parties hereto desire to enter into this Amendment to revise
the fee schedules to the Investment Manager for the Growth Fund series of
shares.
NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements
herein contained, the parties agree as follows:
1. Amendment of Schedule A. Schedule A to the Agreement is hereby
amended by deleting the text thereof for the Growth Fund and inserting in
lieu therefor the Schedule A attached hereto for the Growth Fund.
2. Ratification and Confirmation of Agreement. In the event of
a conflict between the terms of this Amendment and the Agreement, it is
the intention of the parties that the terms of this Amendment shall
control and the Agreement shall be interpreted on that basis. To the
extent the provisions of the Agreement have not been amended by this
Amendment, the parties hereby confirm and ratify the Agreement.
3. Full Force and Effect. Except as expressly supplemented, amended or
consented to hereby, all of the representations, warranties, terms,
covenants and conditions of the Agreement shall remain unamended and
shall continue to be in full force and effect.
IN WITNESS WHEREOF, the parties have caused this Amendment to be duly
executed by their respective duly authorized officers to be effective
as of the day and year first above written.
AMERICAN CENTURY INVESTMENT MANAGEMENT, AMERICAN CENTURY MUTUAL FUNDS,
INC.
INC.
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/s/▇▇▇▇▇▇▇ ▇. Etheington
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Vice President
Senior Vice President
Schedule A
Fee Schedules
Fee Schedule by Class
Series Investment Strategy Institu-
Assets tional A C R
Growth Fund First $2 billion n/a n/a 1.0000% n/a
Next $2 billion n/a n/a 0.9950% n/a
Next $2 billion n/a n/a 0.9800% n/a
Next $2 billion n/a n/a 0.9700% n/a
Next $2 billion n/a n/a 0.9600% n/a
Next $2 billion n/a n/a 0.9500% n/a
Next $2 billion n/a n/a 0.9400% n/a
Next $2 billion n/a n/a 0.9300% n/a
Next $2 billion n/a n/a 0.9200% n/a
Next $2 billion n/a n/a 0.9100% n/a
Next $5 billion n/a n/a 0.9000% n/a
Over $25 billion n/a n/a 0.8000% n/a