AMENDMENT NO. 14 THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

AMENDMENT NO. 14
THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

          This Amendment (the “Amendment”) dated May 1, 2013, amends the Third Amended and Restated Master Administrative Services Agreement (the “Agreement”), dated July 1, 2006, by and between Invesco Advisers, Inc., a Delaware corporation, and AIM Variable Insurance Funds (Invesco Variable Insurance Funds), a Delaware statutory trust, is hereby amended as follows:

W I T N E S S E T H:

          WHEREAS, the parties desire to amend the Agreement to change the names of Invesco Xxx Xxxxxx V.I. American Franchise Fund to Invesco V.I. American Franchise Fund, Invesco Xxx Xxxxxx V.I. American Value Fund to Invesco V.I. American Value Fund, Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund to Invesco V.I. Xxxxxxxx Fund, Invesco Xxx Xxxxxx V.I. Equity and Income Fund to Invesco V.I. Equity and Income Fund, Invesco Xxx Xxxxxx V.I. Growth and Income Fund to Invesco V.I. Growth and Income Fund, Invesco Xxx Xxxxxx V.I. Mid Cap Growth Fund to Invesco V.I. Mid Cap Growth Fund and Invesco Xxx Xxxxxx V.I. Value Opportunities Fund to Invesco V.I. Value Opportunities Fund;

          NOW THEREFORE, the parties agree that:

1. Appendix A of the Agreement is hereby deleted in its entirety and replaced with the following:

“APPENDIX A
TO
THIRD AMENDED AND RESTATED
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)

Portfolios		Effective Date of Agreement
Invesco V.I. Balanced-Risk Allocation Fund		January 7, 2011
Invesco V.I. Core Equity Fund		May 1, 2000
Invesco V.I. Diversified Income Fund		May 1, 2000
Invesco V.I. Global Health Care Fund		April 30, 2004
Invesco V.I. Global Real Estate Fund		April 30, 2004
Invesco V.I. Government Securities Fund		May 1, 2000
Invesco V.I. High Yield Fund		May 1, 2000
Invesco V.I. International Growth Fund		May 1, 2000
Invesco V.I. Mid Cap Core Equity Fund		September 10, 2001
Invesco V.I. Money Market Fund		May 1, 2000
Invesco V.I. Small Cap Equity Fund		September 1, 2003
Invesco V.I. Technology Fund		April 30, 2004
Invesco V.I. Utilities Fund		April 30, 2004
Invesco V.I. Diversified Dividend Fund		February 12, 2010
Invesco V.I. High Yield Securities Fund		February 12, 2010
Invesco V.I. S&P 500 Index Fund		February 12, 2010
Invesco V.I. Equally-Weighted S&P 500 Fund		February 12, 2010
Invesco V.I. American Franchise Fund		February 12, 2010
Invesco V.I. American Value Fund		February 12, 2010

Portfolios		Effective Date of Agreement
Invesco V.I. Xxxxxxxx Fund		February 12, 2010
Invesco V.I. Equity and Income Fund		February 12, 2010
Invesco V.I. Global Core Equity Fund		February 12, 2010
Invesco V.I. Growth and Income Fund		February 12, 2010
Invesco V.I. Mid Cap Growth Fund		February 12, 2010
Invesco V.I. Value Opportunities Fund		September 10, 2001

          The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:

Rate*				Net Assets
0.023%				First $1.5 billion
0.013%				Next $1.5 billion
0.003%				Over $3 billion

* Annual minimum fee is $50,000. An additional $5,000 per class of shares is charged for each class other than the initial class. The $5,000 class fee is waived for any of the above Portfolios with insufficient assets to result in the payment of more than the minimum fee of $50,000.”

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

IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their respective officers on the date first written above.

						INVESCO ADVISERS, INC.
Attest:				By:
		Assistant Secretary				Xxxx X. Xxxx
						Senior Vice President
(SEAL)
						AIM VARIABLE INSURANCE FUNDS
						(INVESCO VARIABLE INSURANCE FUNDS)
Attest:				By:
		Assistant Secretary				Xxxx X. Xxxx
						Senior Vice President
(SEAL)

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