MANAGEMENT AGREEMENT

THIS MANAGEMENT AGREEMENT (“Agreement”) is effective as of the 16th day of
July, 2010, by and between AMERICAN CENTURY GROWTH  FUNDS, INC., a Maryland
corporation (hereinafter called the “Company”), and AMERICAN CENTURY
INVESTMENT MANAGEMENT, INC., a Delaware corporation (hereinafter called
the “Investment Manager”).

WHEREAS, a majority of those members of the Board of Directors of the
Company (collectively, the “Board of Directors”, and each individually
a “Director”) who are not “interested persons” as defined in the
Investment Company Act of 1940 (the “Investment Company Act”) (hereinafter
referred to as the “Independent Directors”), has approved this Agreement
as it relates to each series of shares of the Company set forth on
Schedule A attached hereto (the “Funds”).

NOW, THEREFORE, IN CONSIDERATION of the mutual promises and agreements
herein contained, the parties agree as follows:
1.	Investment Management Services.  The Investment Manager shall
supervise the investments of each class of each Fund.  In such capacity,
the Investment Manager shall either directly, or through the utilization
of others as contemplated by Section 7 below, maintain a continuous
investment program for each Fund, determine what securities shall be
purchased or sold by each Fund, secure and evaluate such information as
it deems proper and take whatever action is necessary or convenient to
perform its functions, including the placing of purchase and sale orders.
In performing its duties hereunder, the Investment Manager will manage
the portfolios of all classes of shares of a particular Fund as a single
portfolio.
2.	Compliance with Laws.  All functions undertaken by the Investment
Manager hereunder shall at all times conform to, and be in accordance with,
any requirements imposed by:
(a)	the Investment Company Act and any rules and regulations
promulgated thereunder;
(b)	any other applicable provisions of law;
(c)	the Articles of Incorporation of the Company as amended
from time to time;
(d)	the Bylaws of the Company as amended from time to time;
(e)	the Multiple Class Plan of the Company as amended from
time to time; and
(f)	the registration statement(s) of the Company, as amended
from time to time, filed under the Securities Act of 1933 and the
Investment Company Act.

3.	Board Supervision.  All of the functions undertaken by the
Investment Manager hereunder shall at all times be subject to the
direction of the Board of Directors, its executive committee, or
any committee or officers of the Company acting under the authority
of the Board of Directors.
4.	Payment of Expenses.  The Investment Manager will pay all
of the expenses of each class of each Fund, other than interest,
taxes, brokerage commissions, extraordinary expenses, the fees and
expenses of the Independent Directors (including counsel fees), and
expenses incurred in connection with the provision of shareholder
services and distribution services under a plan adopted pursuant
to Rule 12b-1 under the Investment Company Act.  The Investment
Manager will provide the Company with all physical facilities and
personnel required to carry on the business of each class of each
Fund that it shall manage, including but not limited to office space,
office furniture, fixtures and equipment, office supplies, computer
hardware and software and salaried and hourly paid personnel.  The
Investment Manager may at its expense employ others to provide all
or any part of such facilities and personnel.
5.	Account Fees.  The Company, by resolution of the Board of
Directors, including a majority of the Independent Directors, may
from time to time authorize the imposition of a fee as a direct
charge against shareholder accounts of any class of one or more
of the Funds, such fee to be retained by the Company or to be paid
to the Investment Manager to defray expenses which would otherwise
be paid by the Investment Manager in accordance with the provisions
of paragraph 4 of this Agreement.  At least sixty days prior
written notice of the intent to impose such fee must be given
to the shareholders of the affected Fund or Fund class.
6.	Management Fees.
(a)	In consideration of the services provided by the Investment
Manager, each class of each Fund shall pay to the Investment Manager
a management fee that is calculated as described in this Section 6
using the fee schedules set forth on Schedule A.
(b)	Definitions
(1)	An “Investment Team” is the Portfolio Managers that the
Investment Manager has designated to manage a given portfolio.
(2)	An “Investment Strategy” is the processes and policies
implemented by the Investment Manager for pursuing a particular
investment objective managed by an Investment Team.
(3)	A “Primary Strategy Portfolio” is each Fund, as well as
any other series of any other registered investment company for
which the Investment Manager, or an affiliated investment advisor,
serves as the investment manager and for which American Century
Investment Services, Inc. serves as the distributor.
(4)	A “Secondary Strategy Portfolio” of a Fund is another account
managed by the Investment Manager that is managed by the same
Investment Team but is not a Primary Strategy Portfolio.
(5)	The “Secondary Strategy Share Ratio” of a Fund is calculated by
dividing the net assets of the Fund by the sum of the net assets of the
Primary Strategy Portfolios that share a common Investment Strategy.
(6)	The “Secondary Strategy Assets” of a Fund is the sum of the net
assets of the Fund’s Secondary Strategy Portfolios multiplied by the
Fund’s Secondary Strategy Share Ratio.
(7)	The “Investment Strategy Assets” of a Fund is the sum of the net
assets of the Fund and the Fund’s Secondary Strategy Assets.
(8)	The “Per Annum Fee Dollar Amount” is the dollar amount resulting
from applying the applicable Fee Schedule for a class of a Fund using the
Investment Strategy Assets.
(9)	The “Per Annum Fee Rate” for a class of a Fund is the percentage
rate that results from dividing the Per Annum Fee Dollar Amount for the
class of a Fund by the Investment Strategy Assets of the Fund.
(c)	Daily Management Fee Calculation. For each calendar day, each
class of each Fund shall accrue a fee calculated by multiplying the
Per Annum Fee Rate for that class by the net assets of the class on
that day, and further dividing that product by 365 (366 in leap years).
(d)	Monthly Management Fee Payment. On the first business day of
each month, each class of each Fund shall pay the management fee to
the Investment Manager for the previous month.  The fee for the
previous month shall be the sum of the Daily Management Fee Calculations
for each calendar day in the previous month.
(e)	Additional Series or Classes. In the event that the Board
of Directors shall determine to issue any additional series or
classes of shares for which it is proposed that the Investment Manager
serve as investment manager, the Company and the Investment Manager may
enter into an Addendum to this Agreement setting forth the name of the
series and/or classes, the fee schedule for each and such other terms
and conditions as are applicable to the management of such series and/or
classes, or, in the alternative, enter into a separate management agreement
that relates specifically to such series and/or classes of shares.
7.	Subcontracts.  In rendering the services to be provided pursuant
to this Agreement, the Investment Manager may, from time to time, engage
or associate itself with such persons or entities as it determines is
necessary or convenient in its sole discretion and may contract with such
persons or entities to obtain information, investment advisory and
management services, or such other services as the Investment Manager
deems appropriate.  Any fees, compensation or expenses to be paid to
any such person or entity shall be paid by the Investment Manager, and
no obligation to such person or entity shall be incurred on behalf of
the Company.  Any arrangement entered into pursuant to this paragraph
shall, to the extent required by law, be subject to the approval of
the Board of Directors, including a majority of the Independent Directors,
and the shareholders of the Company.
8.	Continuation of Agreement.  This Agreement shall become effective
for each Fund as of the date first set forth above  (the “Effective Date”)
and shall continue in effect for each Fund for a period of two years from
the Effective Date, unless sooner terminated as hereinafter provided, and
shall continue in effect from year to year thereafter for each Fund only
as long as such continuance is specifically approved at least annually (i)
by either the Board of Directors or by the vote of a majority of the
outstanding voting securities of such Fund, and (ii) by the vote of
a majority of the Directors who are not parties to the Agreement or
interested persons of any such party, cast in person at a meeting called
for the purpose of voting on such approval.  The annual approvals provided
for herein shall be effective to continue this Agreement from year to year
if given within a period beginning not more than 90 days prior to the date
on which it would otherwise terminate in each applicable year,
notwithstanding the fact that more than 365 days may have elapsed since
the date on which such approval was last given.
9.	Termination.  This Agreement may be terminated, with respect to
any Fund, by the Investment Manager at any time without penalty upon
giving the Company 60 days’ written notice, and may be terminated, with
respect to any Fund, at any time without penalty by the Board of Directors
or by vote of a majority of the outstanding voting securities of each class
of such Fund on 60 days’ written notice to the Investment Manager.
10.	Effect of Assignment.  This Agreement shall automatically terminate
with respect to any Fund in the event of its assignment by the Investment
Manager.  The term “assignment” for this purpose has the meaning defined
in Section 2(a)(4) of the Investment Company Act.
11.	Other Activities.  Nothing herein shall be deemed to limit or
restrict the right of the Investment Manager, or the right of any of
its officers, directors or employees (who may also be a Director,
officer or employee of the Company), to engage in any other business
or to devote time and attention to the management or other aspects of
any other business, whether of a similar or dissimilar nature, or to
render services of any kind to any other corporation, firm, individual
or association.
12.	Standard of Care.  In the absence of willful misfeasance, bad
faith, gross negligence, or reckless disregard of its obligations or
duties hereunder on the part of the Investment Manager, it, as an
inducement to it to enter into this Agreement, shall not be subject to
liability to the Company or to any shareholder of the Company for any
act or omission in the course of, or connected with, rendering services
hereunder or for any losses that may be sustained in the purchase,
holding or sale of any security.
13.	Separate Agreement.  The parties hereto acknowledge that certain
provisions of the Investment Company Act, in effect, treat each series
of shares of an investment company as a separate investment company.
Accordingly, the parties hereto hereby acknowledge and agree that, to
the extent deemed appropriate and consistent with the Investment Company
Act, this Agreement shall be deemed to constitute a separate agreement
between the Investment Manager and each Fund.
14.	Use of the Name “American Century”.  The name “American Century”
and all rights to the use of the name “American Century” are the
exclusive property of American Century Proprietary Holdings, Inc.
(“ACPH”).  ACPH has consented to, and granted a non-exclusive license
for, the use by the Company of the name “American Century” in the name
of the Company and any Fund.  Such consent and non-exclusive license
may be revoked by ACPH in its discretion if ACPH, the Investment Manager,
or a subsidiary or affiliate of either of them is not employed as the
investment adviser of each Fund.  In the event of such revocation, the
Company and each Fund using the name “American Century” shall cease
using the name “American Century” unless otherwise consented to by
ACPH or any successor to its interest in such name.

IN WITNESS WHEREOF, the parties have caused this Agreement 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 	American Century
Management, Inc.		Growth Funds, Inc.
/s/David H. Reinmiller		/s/Charles A. Etherington
David H. Reinmiller		Charles A. Etherington
Vice President			Senior Vice President

			Schedule A
			Fee Schedules

Series	Investment 			Fee Schedule by Class
	Strategy Assets		Inves-  Institu-
				tor     tional	Advisor	R
Legacy Large Cap Fund
	First $500 million	1.100%	0.900%	1.100%	1.100%
	Next $500 million	1.050%	0.850%	1.050%	1.050%
	Next $4 billion		1.000%	0.800%	1.000%	1.000%
	Next $5 billion		0.990%	0.790%	0.990%	0.990%
	Next $5 billion		0.980%	0.780%	0.980%	0.980%
	Next $5 billion		0.970%	0.770%	0.970%	0.970%
	Next $5 billion		0.950%	0.750%	0.950%	0.950%
	Next $5 billion		0.900%	0.700%	0.900%	0.900%
	Over $30 billion	0.800%	0.600%	0.800%	0.800%
Legacy Multi Cap Fund
	First $500 million	1.150%	0.950%	1.150%	1.150%
	Next $500 million	1.100%	0.900%	1.100%	1.100%
	Next $4 billion		1.050%	0.850%	1.050%	1.050%
	Next $5 billion		1.040%	0.840%	1.040%	1.040%
	Next $5 billion		1.030%	0.830%	1.030%	1.030%
	Next $5 billion		1.020%	0.820%	1.020%	1.020%
	Next $5 billion		1.000%	0.800%	1.000%	1.000%
	Next $5 billion		0.950%	0.750%	0.950%	0.950%
	Over $30 billion	0.850%	0.650%	0.850%	0.850%
Legacy Focused Large Cap Fund
	First $500 million	1.100%	0.900%	1.100%	1.100%
	Next $500 million	1.050%	0.850%	1.050%	1.050%
	Next $4 billion		1.000%	0.800%	1.000%	1.000%
	Next $5 billion		0.990%	0.790%	0.990%	0.990%
	Next $5 billion		0.980%	0.780%	0.980%	0.980%
	Next $5 billion		0.970%	0.770%	0.970%	0.970%
	Next $5 billion		0.950%	0.750%	0.950%	0.950%
	Next $5 billion		0.900%	0.700%	0.900%	0.900%
	Over $30 billion	0.800%	0.600%	0.800%	0.800%