Common use of Duties of the Sub-Adviser Clause in Contracts

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Adviser hereby agrees to manage the investment operations of the FundFunds, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Sub Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Sub Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Sub Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Sub Adviser hereby agrees to manage the investment operations of the FundFunds, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Sub Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Sub Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Sub Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Sub Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Sub Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Sub Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Sub- Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Sub- Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Adviser hereby agrees to manage the investment operations of the FundFunds, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO ISI hereby employs the Sub-Adviser to act as investment adviser to the Company Fund and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO ISI and the Board of Directors of the CompanyFund, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company Fund in any way or otherwise be deemed an agent of the CompanyFund. The Sub-Adviser hereby agrees to manage the investment operations of the Fund's Series, subject to the supervision of the CompanyFund's directors (the "Directors") and INVESCOISI. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company Fund and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the CompanyFund, for the period and on the terms and conditions set forth in this Agreement. The Sub-Sub- Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company Fund in any way or otherwise be deemed an agent of the CompanyFund. The Sub-Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the CompanyFund's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on in the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Adviser hereby agrees to manage the investment operations of the FundFunds, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the Company, for the period and on the terms and conditions set forth in this Agreement. The Sub-Sub- Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company in any way or otherwise be deemed an agent of the Company. The Sub-Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the Company's directors (the "Directors") and INVESCO. Specifically, the Sub-Sub- Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company Fund and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the CompanyFund, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor andand shall, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company Fund in any way or otherwise be deemed an agent of the CompanyFund. The Sub-Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the CompanyFund's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO ISI hereby employs the Sub-Adviser to act as investment adviser to the Company Series and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO ISI and the Board of Directors of the CompanyFund, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor and, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company Fund in any way or otherwise be deemed an agent of the CompanyFund. The Sub-Adviser hereby agrees to manage the investment operations of the FundSeries, subject to the supervision of the CompanyFund's directors (the "Directors") and INVESCOISI. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company Fund and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the CompanyFund, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor andcontractors and shall, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company Fund in any way or otherwise be deemed an agent of the CompanyFund. The Sub-Adviser hereby agrees to manage the investment operations of the Fund's Portfolios, subject to the supervision of the CompanyFund's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services:

Duties of the Sub-Adviser. INVESCO hereby employs the Sub-Adviser to act as investment adviser to the Company Fund and to furnish the investment advisory services described below, subject to the broad supervision of INVESCO and Board of Directors of the CompanyFund, for the period and on the terms and conditions set forth in this Agreement. The Sub-Adviser hereby accepts such assignment and agrees during such period, at its own expense, to render such services and to assume the obligations herein set forth for the compensation provided for herein. The Sub-Adviser shall for all purposes herein be deemed to be an independent contractor andcontractors and shall, unless otherwise expressly provided or authorized herein, shall have no authority to act for or represent the Company Fund in any way or otherwise be deemed an agent of the CompanyFund. The Sub-Adviser hereby agrees to manage the investment operations of the Fund, subject to the supervision of the CompanyFund's directors (the "Directors") and INVESCO. Specifically, the Sub-Adviser agrees to perform the following services: