SUB-ITEM 77Q1(A)
AMENDMENT NO. 14
TO SECOND AMENDED AND RESTATED
AGREEMENT AND DECLARATION OF TRUST OF
AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST)
This Amendment No. 14 (the "Amendment") to the Second Amended and
Restated Agreement and Declaration of Trust of AIM Counselor Series Trust
(Invesco Counselor Series Trust) (the "Trust") amends, effective as of June 15,
2010, the Second Amended and Restated Agreement and Declaration of Trust of the
Trust dated as of September 14, 2005, as amended (the "Agreement").
Under Section 9.7 of the Agreement, this Amendment may be executed by
a duly authorized officer of the Trust.
WHEREAS, the Trustees of the Trust approved this amendment and a vote
of the Shareholders is not required for this amendment;
NOW, THEREFORE, the Agreement is hereby amended as follows:
1. Section 2.6 of the Agreement is amended to add new section 2.6(d) to
read as follows:
(d) Notwithstanding any other provision of this Section 2.6, Class B
Shares shall not convert to Class A Shares, if at the time of
conversion Class A Shares into which the Class B Shares would
convert pay a higher fee under Rule 12b-1 ("12b-1 Fee"), and such
right of conversion shall be suspended until such time as the
Class A Shares pay a 12b-1 Fee that is equal to or lower than the
12b-1 Fee of suspended Class B Shares (all such suspended Class B
Shares including Class B Shares purchased through the
reinvestment of dividends and distributions that would otherwise
have converted, "Suspended Class B Shares"). A comparison of
12b-1 Fees of Class A Shares and Class B Shares shall be made
periodically. If at any time the 12b-1 Fees payable on Class A
Shares into which Suspended Class B Shares would convert is equal
to or lower than the 12b-1 Fees payable on the Suspended Class B
Shares, all Suspended Class B Shares will automatically convert
to Class A Shares on or about the end of the month in which such
determination is made. Once it is determined that Suspended Class
B Shares are eligible for conversion, such conversion shall occur
even if thereafter Class A Shares again have a higher 12b-1 Fee.
2. Section 3.2 is amended to read as follows:
Section 3.2 Trustees. The number of Trustees shall be such number as
shall be fixed from time to time by a majority of the Trustees; provided,
however, that the number of Trustees shall in no event be less than two (2) nor
more than seventeen (17). The Trustees as of the date hereof are those first
identified above.
3. Section 3.3 is amended to read as follows:
Section 3.3 Terms of Office Trustees. The Trustees shall hold office
during the lifetime of this Trust, and until its termination as herein provided;
except that (A) any Trustee may resign his trusteeship or may retire by written
instrument signed by him and delivered to the other Trustees, which shall take
effect upon such delivery or upon such later date as is specified therein; (B)
any Trustee may be removed at any time by written instrument signed by at least
two-thirds of the number of Trustees prior to such removal, specifying the date
when such removal shall become effective; provided that from June 15, 2010
through June 30, 2013, such instrument shall be signed by at least eighty
percent (80%) of the number of Trustees prior to such removal; (C) any Trustee
who has died, become physically or
mentally incapacitated by reason of disease or otherwise, or is otherwise unable
to serve, may be retired by written instrument signed by a majority of the other
Trustees, specifying the date of his retirement; (D) a Trustee may be removed at
any meeting of the Shareholders by a vote of the Shareholders owning at least
two-thirds of the Outstanding Shares; and (E) a Trustee shall be retired in
accordance with the terms of any retirement policy adopted by the Trustees and
in effect from time to time.
4. All capitalized terms are used herein as defined in the Agreement unless
otherwise defined herein. All references in the Agreement to "this Agreement"
shall mean the Agreement as amended by this Amendment.
5. Except as specifically amended by this Amendment, the Agreement is
hereby confirmed and remains in full force and effect.
IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the
Trust, has executed this Amendment as of June 15, 2010.
By: /s/ ▇▇▇▇ ▇. ▇▇▇▇
Name: ▇▇▇▇ ▇. ▇▇▇▇
Title: Senior Vice President