AMENDMENT NO. 15

AMENDMENT NO. 15

TO

MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

This Amendment effective as of May 24, 2019, amends the Master Intergroup

Sub-Advisory Contract for Mutual Funds (the "Contract"), dated May 1, 2008, between Invesco Advisers, Inc. (the "Adviser"), on behalf of AIM Variable Insurance Funds (Invesco Variable Insurance Funds), and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. (each a "Sub-Adviser" and, collectively, the "Sub-Advisers").

W I T N E S S E T H:

WHEREAS, the parties desires to add Invesco Xxxxxxxxxxx V.I. Capital Appreciation Fund, Invesco Xxxxxxxxxxx V.I. Conservative Balanced Fund, Invesco Xxxxxxxxxxx V.I. Discovery Mid Cap Growth Fund, Invesco Xxxxxxxxxxx V.I. Global Fund, Invesco Xxxxxxxxxxx V.I. Global Strategic Income Fund, Invesco Xxxxxxxxxxx V.I. Government Money Fund, Invesco Xxxxxxxxxxx V.I. International Growth Fund, Invesco Xxxxxxxxxxx V.I. Main Street Fund®, Invesco Xxxxxxxxxxx V.I. Main Street Small Cap Fund® and Invesco Xxxxxxxxxxx V.I. Total Return Bond Fund;

NOW, THEREFORE, the parties agree that;

1.Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following:

	"EXHIBIT A
Invesco V.I. American Franchise Fund	Invesco V.I. Managed Volatility Fund
Invesco V.I. American Value Fund	Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. Balanced-Risk Allocation Fund	Invesco V.I. Mid Cap Growth Fund
Invesco V.I. Xxxxxxxx Fund	Invesco Xxxxxxxxxxx V.I. Capital Appreciation Fund
Invesco V.I. Core Equity Fund	Invesco Xxxxxxxxxxx V.I. Conservative Balanced Fund
Invesco V.I. Core Plus Bond Fund	Invesco Xxxxxxxxxxx V.I. Discovery Mid Cap Growth Fund
Invesco V.I. Diversified Dividend Fund	Invesco Xxxxxxxxxxx V.I. Global Fund
Invesco V.I. Equally-Weighted S&P 500 Fund	Invesco Xxxxxxxxxxx V.I. Global Strategic Income Fund
Invesco V.I. Equity and Income Fund	Invesco Xxxxxxxxxxx V.I. Government Money Fund
Invesco V.I. Global Core Equity Fund	Invesco Xxxxxxxxxxx V.I. International Growth Fund
Invesco V.I. Global Real Estate Fund	Invesco Xxxxxxxxxxx V.I. Main Street Fund®
Invesco V.I. Government Money Market Fund	Invesco Xxxxxxxxxxx V.I. Main Street Small Cap Fund®
Invesco V.I. Government Securities Fund	Invesco Xxxxxxxxxxx V.I. Total Return Bond Fund
Invesco V.I. Growth and Income Fund	Invesco V.I. S&P 500 Index Fund
Invesco V.I. Health Care Fund	Invesco V.I. Small Cap Equity Fund
Invesco V.I. High Yield Fund	Invesco V.I. Technology Fund
Invesco V.I. International Growth Fund	Invesco V.I. Value Opportunities Fund"

2.All other terms and provisions of the Contract not amended shall remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.

INVESCO ADVISERS, INC.

Adviser

By:/s/ Xxxxxxx X. Xxxxx

Name: Xxxxxxx X. Xxxxx

Title: Senior Vice President

2

INVESCO CANADA LTD.

Sub-Adviser

By:/s/ Xxxxx Xxxxxx

Name:Xxxxx Xxxxxx

Title:Chief Financial Officer, Funds & North

America Head – Fund Accounting & Fund

Expenses

By:/s/ Xxxxx X. Xxxxxx

Name: Xxxxx Xxxxxx

Title:Executive Vice President & Chief Financial

Officer

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INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH

Sub-Adviser

By:/s/ Xxxxxxx Xxxxx

Name:Xxxxxxx Xxxxx

Title: Geschaftsfuhrer

By:/s/ Xxxxxxxxx Xxxx

Name: Xxxxxxxxx Xxxx

Title: Geschaftsfuhrer

4

INVESCO ASSET MANAGEMENT LIMITED

Sub-Adviser

By:/s/ Xxxxxx Xxxxxxxxx

Name: Xxxxxx Xxxxxxxxx

Title: Director

5

INVESCO ASSET MANAGEMENT (JAPAN) LTD.

Sub-Adviser

By:/s/ Xxxxxxxx Xxxxxxxx

Name: Xxxxxxxx Xxxxxxxx

Title: Managing Director

6

INVESCO HONG KONG LIMITED

Sub-Adviser

By:/s/ Pang Sin Chu

Name: Pang Sin Chu

Title: Authorised Signatory

By:/s/ Xxx Xxx Xxx

Name: Xxx Xxx Xxx

Title: Authorised Signatory

7

INVESCO SENIOR SECURED MANAGEMENT, INC.

Sub-Adviser

By:/s/ Xxxxxxx Xxxxxxx

Name: Xxxxxxx Xxxxxxx

Title: Secretary & General Counsel

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