AMENDMENT NO. 10
TO
MASTER INVESTMENT ADVISORY AGREEMENT
This Amendment dated as of July 18, 2005, amends the Master Investment
Advisory Agreement (the "Agreement"), dated September 11, 2000, between AIM
Investment Funds, a Delaware statutory trust, and A I M Advisors, Inc., a
Delaware corporation.
WITNESSETH:
WHEREAS, the parties desire to amend the Agreement to delete AIM Libra
Fund from the Agreement; and
WHEREAS, the parties desire to amend the Agreement to permanently
reduce the advisory fee payable by AIM Global Health Care Fund effective July
18, 2005;
NOW, THEREFORE, the parties agree as follows;
1. Appendix A and Appendix B to the Agreement are hereby deleted
in their entirety and replaced with the following:
"APPENDIX A
FUNDS AND EFFECTIVE DATES
NAME OF FUND EFFECTIVE DATE OF ADVISORY AGREEMENT
-------------------------------- ------------------------------------
AIM Developing Markets Fund September 1, 2001
AIM Global Health Care Fund September 1, 2001
AIM Trimark Endeavor Fund November 3, 2003
AIM Trimark Fund November 3, 2003
AIM Trimark Small Companies Fund November 3, 2003"
"APPENDIX B
COMPENSATION TO THE ADVISOR
The Trust shall pay the Advisor, out of the assets of a Fund, as full
compensation for all services rendered, an advisory 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 DEVELOPING MARKETS FUND
NET ASSETS ANNUAL RATE
--------------------------------------------------------- -----------
First $500 million....................................... 0.975%
Next $500 million........................................ 0.95%
Next $500 million........................................ 0.925%
On amounts thereafter.................................... 0.90%
AIM GLOBAL HEALTH CARE FUND
NET ASSETS ANNUAL RATE
--------------------------------------------------------- -----------
First $350 million....................................... 0.75%
Next $350 million........................................ 0.65%
Next $1.3 billion........................................ 0.55%
Next $2 billion.......................................... 0.45%
Next $2 billion.......................................... 0.40%
Next $2 billion.......................................... 0.375%
Over $8 billion.......................................... 0.35%
AIM TRIMARK ENDEAVOR FUND
NET ASSETS ANNUAL RATE
--------------------------------------------------------- -----------
First $1 billion......................................... 0.80%
On amounts thereafter.................................... 0.75%
AIM TRIMARK FUND
AIM TRIMARK SMALL COMPANIES FUND
NET ASSETS ANNUAL RATE
--------------------------------------------------------- -----------
First $1 billion......................................... 0.85%
On amounts thereafter.................................... 0.80%"
2. In all other respects, the Agreement is hereby confirmed and
remains in full force and effect.
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IN WITNESS WHEREOF, the parties have caused this Agreement to be
executed by their respective officers on the date first written above.
AIM INVESTMENT FUNDS
Attest: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
------------------------------- -----------------------
Assistant Secretary ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇
President
(SEAL)
A I M ADVISORS, INC.
Attest: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
------------------------------- -----------------------
Assistant Secretary ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇
President
(SEAL)
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