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EXHIBIT h(1)(b)
AMENDMENT NO. 1
MASTER ADMINISTRATIVE SERVICES AGREEMENT
The Master Administrative Services Agreement (the "Agreement"), dated
May 1, 2000, by and between A I M Advisors, Inc., a Delaware corporation, and
AIM Variable Insurance Funds, a Delaware business trust, is hereby amended as
follows:
Appendix A of the Agreement is hereby deleted in its entirety and
replaced with the following:
"APPENDIX A
TO
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
AIM VARIABLE INSURANCE FUNDS
PORTFOLIOS EFFECTIVE DATE OF AGREEMENT
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AIM V.I. Aggressive Growth Fund May 1, 2000
AIM V.I. Balanced Fund May 1, 2000
AIM V.I. Blue Chip Fund May 1, 2000
AIM V.I. Capital Appreciation Fund May 1, 2000
AIM V.I. Capital Development Fund May 1, 2000
AIM V.I. Dent Demographic Trends Fund May 1, 2000
AIM V.I. Diversified Income Fund May 1, 2000
AIM V.I. Global Utilities Fund May 1, 2000
AIM V.I. Government Securities Fund May 1, 2000
AIM V.I. Growth and Income Fund May 1, 2000
AIM V.I. Growth Fund May 1, 2000
AIM V.I. High Yield Fund May 1, 2000
AIM V.I. International Equity Fund May 1, 2000
AIM V.I. Money Market Fund May 1, 2000
AIM V.I. New Technology Fund May 1, 2001
AIM V.I. Value Fund May 1, 2000"
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All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
Dated May 1 , 2001
--------
A I M ADVISORS, INC.
Attest: /s/ XXXXX X. XXXXXX By: /s/ XXXXXX X. XXXXXX
-------------------------------- -------------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
AIM VARIABLE INSURANCE FUNDS
Attest: /s/ XXXXX X. XXXXXX By: /s/ XXXXXX X. XXXXXX
-------------------------------- -------------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)