EX-99.L1.E 6 h67438bexv99wl1we.txt EX-99.L1.E [INVESCO AIM LOGO APPEARS HERE] --Servicemark-- October 2, 2008 Board of Trustees AIM Counselor Series Trust, AIM Equity Funds, AIM Funds Group, AIM Growth Series, AIM International Mutual Funds, AIM Investment Funds, AIM Investment Securities Funds, AIM Sector Funds, and AIM Tax-Exempt Fund (each a "Trust", collectively the "Trusts") 11 Greenway Plaza, Suite 100 Houston, Texas 77046-1173 Re: Initial Capital Investment in New Class Y Shares of each Fund (collectively the "Funds") of the Trusts Ladies and Gentlemen: The purpose of this letter is to set out our understanding of the conditions of and our promises and representations concerning this investment. We hereby agree to purchase shares equal to the following dollar amount for the Funds:
FUND AND CLASS AMOUNT DATE -------------- ---------- --------------- INITIAL INVESTMENT FOR THE PURPOSE OF COMMENCING OPERATIONS AIM COUNSELOR SERIES TRUST AIM Floating Rate Fund Class Y Shares $10,000.00 October 2, 2008 AIM Multi-Sector Fund Class Y Shares $10,000.00 October 2, 2008 AIM Select Real Estate Income Fund Class Y Shares $10,000.00 October 2, 2008 AIM Structured Core Fund Class Y Shares $10,000.00 October 2, 2008 AIM Structured Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM Structured Value Fund Class Y Shares $10,000.00 October 2, 2008 AIM EQUITY FUNDS AIM Capital Development Fund Class Y Shares $10,000.00 October 2, 2008 AIM Charter Fund Class Y Shares $10,000.00 October 2, 2008 AIM Constellation Fund Class Y Shares $10,000.00 October 2, 2008
October 2, 2008 Page 2 AIM Diversified Dividend Fund Class Y Shares $10,000.00 October 2, 2008 AIM Large Cap Basic Value Fund Class Y Shares $10,000.00 October 2, 2008 AIM Large Cap Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM Summit Fund Class Y Shares $10,000.00 October 2, 2008 AIM FUNDS GROUP AIM Basic Balanced Fund Class Y Shares $10,000.00 October 2, 2008 AIM European Small Company Fund Class Y Shares $10,000.00 October 2, 2008 AIM Global Core Equity Fund Class Y Shares $10,000.00 October 2, 2008 AIM International Small Company Fund Class Y Shares $10,000.00 October 2, 2008 AIM Mid Cap Basic Value Fund Class Y Shares $10,000.00 October 2, 2008 AIM Select Equity Fund Class Y Shares $10,000.00 October 2, 2008 AIM Small Cap Equity Fund Class Y Shares $10,000.00 October 2, 2008 AIM GROWTH SERIES AIM Basic Value Fund Class Y Shares $10,000.00 October 2, 2008 AIM Conservative Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Global Equity Fund Class Y Shares $10,000.00 October 2, 2008 AIM Growth Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Income Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Independence Now Fund Class Y Shares $10,000.00 October 2, 2008 AIM Independence 2010 Fund Class Y Shares $10,000.00 October 2, 2008 AIM Independence 2020 Fund Class Y Shares $10,000.00 October 2, 2008 AIM Independence 2030 Fund Class Y Shares $10,000.00 October 2, 2008 AIM Independence 2040 Fund Class Y Shares $10,000.00 October 2, 2008 AIM Independence 2050 Fund Class Y Shares $10,000.00 October 2, 2008
October 2, 2008 Page 3 AIM International Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Mid Cap Core Equity Fund Class Y Shares $10,000.00 October 2, 2008 AIM Moderate Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Moderate Growth Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Moderately Conservative Allocation Fund Class Y Shares $10,000.00 October 2, 2008 AIM Small Cap Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM INTERNATIONAL MUTUAL FUNDS AIM Asia Pacific Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM European Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM Global Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM Global Small & Mid Cap Growth Fund Class Y Shares $10,000.00 October 2, 2008 AIM International Core Equity Fund Class Y Shares AIM International Growth Fund $10,000.00 October 2, 2008 Class Y Shares $10,000.00 October 2, 2008 AIM INVESTMENT FUNDS AIM China Fund Class Y Shares $10,000.00 October 2, 2008 AIM Developing Markets Fund Class Y Shares $10,000.00 October 2, 2008 AIM Global Health Care Fund Class Y Shares $10,000.00 October 2, 2008 AIM International Total Return Fund Class Y Shares $10,000.00 October 2, 2008 AIM Japan Fund Class Y Shares $10,000.00 October 2, 2008 AIM LIBOR Alpha Fund Class Y Shares $10,000.00 October 2, 2008 AIM Trimark Endeavor Fund Class Y Shares $10,000.00 October 2, 2008 AIM Trimark Fund Class Y Shares $10,000.00 October 2, 2008 AIM Trimark Small Companies Fund Class Y Shares $10,000.00 October 2, 2008
October 2, 2008 Page 4 AIM INVESTMENT SECURITIES FUNDS AIM Core Bond Fund Class Y Shares $10,000.00 October 2, 2008 AIM Dynamics Fund Class Y Shares $10,000.00 October 2, 2008 AIM Global Real Estate Fund Class Y Shares $10,000.00 October 2, 2008 AIM High Yield Fund Class Y Shares $10,000.00 October 2, 2008 AIM Income Fund Class Y Shares $10,000.00 October 2, 2008 AIM Limited Maturity Treasury Fund Class Y Shares $10,000.00 October 2, 2008 AIM Money Market Fund Class Y Shares $10,000.00 October 2, 2008 AIM Municipal Bond Fund Class Y Shares $10,000.00 October 2, 2008 AIM Real Estate Fund Class Y Shares $10,000.00 October 2, 2008 AIM Short Term Bond Fund Class Y Shares $10,000.00 October 2, 2008 AIM U.S. Government Fund Class Y Shares $10,000.00 October 2, 2008 AIM SECTOR FUNDS AIM Energy Fund Class Y Shares $10,000.00 October 2, 2008 AIM Financial Services Fund Class Y Shares $10,000.00 October 2, 2008 AIM Gold & Precious Metals Fund Class Y Shares $10,000.00 October 2, 2008 AIM Leisure Fund Class Y Shares $10,000.00 October 2, 2008 AIM Technology Fund Class Y Shares $10,000.00 October 2, 2008 AIM Utilities Fund Class Y Shares $10,000.00 October 2, 2008 AIM TAX-EXEMPT FUNDS AIM High Income Municipal Fund Class Y Shares $10,000.00 October 2, 2008 AIM Tax-Exempt Cash Fund Class Y Shares $10,000.00 October 2, 2008 AIM Tax-Free Intermediate Fund Class Y Shares $10,000.00 October 2, 2008
October 2, 2008 Page 5 We understand that the price per share for the Class Y Shares of the Funds will be equal to the next determined net asset value per share of the Class A Shares of the Funds. We hereby represent that we are purchasing these shares solely for our own account and solely for investment purposes without any intent of distributing or reselling said shares. We further represent that disposition of said shares will only be by direct redemption to or repurchase by the Trusts. We further agree to provide the Trusts with at least three business day's advance written notice of any intended redemption and agree that we will work with the Trusts with respect to the amount of such redemption so as not to place a burden on the Trusts and to facilitate normal portfolio management of the Funds. Sincerely yours, INVESCO AIM ADVISORS, INC. /s/ John M. Zerr ------------------------------------- John M. Zerr Senior Vice President cc: Mark Gregson Gary Trappe