MEMORANDUM OF AGREEMENT (12b-1 Fee Waivers/Limits)

MEMORANDUM OF AGREEMENT
(12b-1 Fee Waivers/Limits)

     This Memorandum of Agreement is entered into as of the effective date listed on Exhibit “A” of this agreement, between AIM Investment Funds (Invesco Investment Funds), AIM Investment Securities Funds (Invesco Investment Securities Funds), AIM Variable Insurance Funds (Invesco Variable Insurance Funds) and Short-Term Investments Trust (each a “Trust” and, collectively, the “Trusts”), on behalf of the funds or portfolios, as applicable, listed on Exhibit “A” to this Memorandum of Agreement (the “Funds”), and Invesco Distributors, Inc. (“Distributors”). Distributors shall and hereby agrees to waive or limit fees of each Fund, on behalf of its respective classes as applicable, severally and not jointly, as indicated in the attached Exhibit “A”.

     For and in consideration of the mutual terms and agreements set forth herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Trusts and Distributors agree as follows:

     For the Contractual Waivers/Limits (listed in the attached Exhibit), the Trusts and Distributors agree until at least the date set forth on the attached Exhibit “A” (the “Expiration Date”) that Distributors will waive or limit Rule 12b-1 distribution plan fees as set forth on Exhibit “A”. Each Trust’s Board of Trustees and Distributors may terminate or modify this Memorandum of Agreement prior to the Expiration Date only by mutual written consent. Distributors will not have any right to reimbursement of any amount so waived or limited.

     For the Contractual Waivers/Limits, the Trusts and Distributors agree to review the then-current waivers/limits for each class of each Fund listed on Exhibit “A” on a date prior to the Expiration Date to determine whether such waivers/limits should be amended, continued or terminated. The waivers/limits will expire upon the Expiration Date unless the Trusts and Distributors have agreed to continue them. Exhibit “A” will be amended to reflect any such agreement.

     It is expressly agreed that the obligations of the Trusts hereunder shall not be binding upon any of the Trustees, shareholders, nominees, officers, agents or employees of the Trusts personally, but shall only bind the assets and property of the Funds, as provided in each Trust’s Agreement and Declaration of Trust. The execution and delivery of this Memorandum of Agreement have been authorized by the Trustees of each Trust, and this Memorandum of Agreement has been executed and delivered by an authorized officer of each Trust acting as such; neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them individually or to impose any liability on any of them personally, but shall bind only the assets and property of the Funds, as provided in each Trust’s Agreement and Declaration of Trust.

     IN WITNESS WHEREOF, the Trusts and Distributors have entered into this Memorandum of Agreement as of the date first above written.

	AIM COUNSELOR SERIES TRUST (INVESCO COUNSELOR SERIES TRUST) AIM FUNDS GROUP (INVESCO FUNDS GROUP) AIM INVESTMENT SECURITIES FUNDS (INVESCO INVESTMENT SECURITIES FUNDS) AIM SECTOR FUNDS (INVESCO SECTOR FUNDS) AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS) SHORT-TERM INVESTMENTS TRUST on behalf of the Funds listed in Exhibit “A” to this Memorandum of Agreement
	By:	/s/ Xxxx X. Xxxx
	Title: Senior Vice President
	INVESCO DISTRIBUTORS, INC.
	By:	/s/ Xxxx X. Xxxx
	Title: Senior Vice President

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EXHIBIT “A”

AIM Counselor Series Trust (Invesco Counselor Series Trust)

		CONTRACTUAL/				EFFECTIVE		EXPIRATION
FUND		VOLUNTARY		LIMIT/WAIVER		DATE		DATE
Invesco Xxx Xxxxxx American Franchise Fund Class B Shares		Contractual		0.42% limit		May 23, 2011		June 30, 2013
Invesco Xxx Xxxxxx Equity and Income Fund Class B Shares		Contractual		0.38% limit		May 23, 2011		June 30, 2012

AIM Funds Group (Invesco Funds Group)

		CONTRACTUAL/				EFFECTIVE		EXPIRATION
FUND		VOLUNTARY		LIMIT/WAIVER		DATE		DATE
Invesco Global Core Equity Fund Class B Shares		Contractual		0.52% limit		May 23, 2011		June 30, 2013

AIM Investment Securities Funds (Invesco Investment Securities Funds)

		CONTRACTUAL/				EFFECTIVE		EXPIRATION
FUND		VOLUNTARY		LIMIT/WAIVER		DATE		DATE
Invesco Short Term Bond Fund Class C Shares		Contractual		0.50% limit		February 1, 2006		June 30, 2013
Invesco Xxx Xxxxxx Corporate Bond Fund Class B Shares		Contractual		0.59% limit		June 6, 2011		June 30, 2012
Class C Shares		Contractual		0.95% limit		June 6, 2011		June 30, 2012

AIM Sector Funds (Invesco Sector Funds)

		CONTRACTUAL/				EFFECTIVE		EXPIRATION
FUND		VOLUNTARY		LIMIT/WAIVER		DATE		DATE
Invesco Xxx Xxxxxx American Value Fund Class B Shares		Contractual		0.49% limit		May 23, 2011		June 30, 2012
Invesco Xxx Xxxxxx Small Cap Value Fund Class B Shares		Contractual		0.62% limit		May 23, 2011		June 30, 2012

AIM Variable Insurance Funds (Invesco Variable Insurance Funds)

		CONTRACTUAL/				EFFECTIVE		EXPIRATION
FUND		VOLUNTARY		LIMIT/WAIVER		DATE		DATE
Invesco Xxx Xxxxxx V.I. Equity and Income Fund Series II		Contractual		0.20% waiver		February 12, 2010		June 30, 2012
Invesco Xxx Xxxxxx V.I. Mid Cap Value Fund Series II		Contractual		0.15% waiver		February 12, 2010		June 30, 2012

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Short-Term Investments Trust

		CONTRACTUAL/				EFFECTIVE		EXPIRATION
FUND		VOLUNTARY		LIMIT/WAIVER		DATE		DATE
Government & Agency Portfolio Cash Management Class		Contractual		0.02% waiver		June 30, 2005		December 31, 2011
Personal Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Private Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Reserve Class		Contractual		0.13% waiver		June 30, 2005		December 31, 2011
Resource Class		Contractual		0.04% waiver		June 30, 2005		December 31, 2011
Government TaxAdvantage Portfolio Cash Management Class		Contractual		0.02% waiver		June 30, 2005		December 31, 2011
Personal Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Private Investment Class		Contractual		0.25% waiver		June 30, 2005		December 31, 2011
Reserve Class		Contractual		0.13% waiver		June 30, 2005		December 31, 2011
Resource Class		Contractual		0.04% waiver		June 30, 2005		December 31, 2011
Liquid Assets Portfolio Cash Management Class		Contractual		0.02% waiver		June 30, 2005		December 31, 2011
Personal Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Private Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Reserve Class		Contractual		0.13% waiver		June 30, 2005		December 31, 2011
STIC Prime Portfolio Cash Management Class		Contractual		0.02% waiver		June 30, 2005		December 31, 2011
Personal Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Private Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Reserve Class		Contractual		0.13% waiver		June 30, 2005		December 31, 2011
Resource Class		Contractual		0.04% waiver		June 30, 2005		December 31, 2011
Tax-Free Cash Reserve Portfolio Cash Management Class		Contractual		0.02% waiver		April 30, 20081		December 31, 2011
Personal Investment Class		Contractual		0.20% waiver		April 30, 20081		December 31, 2011
Private Investment Class		Contractual		0.25% waiver		April 30, 20081		December 31, 2011
Reserve Class		Contractual		0.13% waiver		April 30, 20081		December 31, 2011
Resource Class		Contractual		0.04% waiver		April 30, 20081		December 31, 2011
Treasury Portfolio Cash Management Class		Contractual		0.02% waiver		June 30, 2005		December 31, 2011
Personal Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Private Investment Class		Contractual		0.20% waiver		June 30, 2005		December 31, 2011
Reserve Class		Contractual		0.13% waiver		June 30, 2005		December 31, 2011
Resource Class		Contractual		0.04% waiver		June 30, 2005		December 31, 2011

¹ Effective April 30, 2008, Tax-Free Cash Reserve Portfolio was reorganized as a portfolio of Tax-Free Investments Trust (“TFIT”) to Short-Term Investments Trust following shareholder approval at a meeting held on February 29, 2008. As a portfolio of TFIT, this limitation has been in effect since June 30, 2005.

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