EX-99.L 14 h58401bexv99wl.txt AGREEMENT CONCERNING INITIAL CAPITALIZATION OF REGISTRANT'S TAX-FREE CASH RESERVE PORTFOLIO April 29, 2008 Board of Trustees Short-Term Investments Trust (the "Trust") 11 Greenway Plaza, Suite 100 Houston, Texas 77046-1173 Re: Initial Capital Investment in New Portfolio of the Trust (the "Fund") Ladies and Gentlemen: We are purchasing shares of the Fund for the purpose of providing initial investment for the new investment portfolio of the Trust. The purpose of this letter is to set out our understanding of the conditions of and our promises and representations concerning this investment. We shall and hereby agree to purchase shares equal to the following dollar amount for the Fund
FUNDS AND CLASS AMOUNT DATE --------------- ------ -------------- Tax-Free Cash Reserve Portfolio - Cash Mangement Class Shares $1.00 April 29, 2008 Corporate Class Shares $1.00 April 29, 2008 Institutional Class Shares $1.00 April 29, 2008 Personal Investment Class Shares $1.00 April 29, 2008 Private Investment Class Shares $1.00 April 29, 2008 Reserve Class Shares $1.00 April 29, 2008 Resource Class Shares $1.00 April 29, 2008
We understand that the initial net asset value per share for the portfolio named above will be $1.00. 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 Trust. We further agree to provide the Trust with at least three business days' advance written notice of any intended redemption and agree that we will work with the Trust with respect to the amount of such redemption so as not to place a burden on the Trust and to facilitate normal portfolio management of the Fund. Sincerely yours, INVESCO AIM ADVISORS, INC. /s/ John M. Zerr ------------------------------------- John M. Zerr Senior Vice President cc: Mark Gregson Gary Trappe