AMENDMENT NO. 12 TO MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

AMENDMENT NO. 12

TO

MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

This Amendment effective as of April 30, 2015, 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 change the name of Invesco V.I. Diversified Income Fund to Invesco V.I. Core Plus 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. Balanced-Risk Allocation Fund		Invesco V.I. Managed Volatility Fund
Invesco V.I. Core Equity Fund		Invesco V.I. Diversified Dividend Fund
Invesco V.I. Core Plus Bond Fund		Invesco V.I. S&P 500 Index Fund
Invesco V.I. Global Health Care Fund		Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco V.I. Global Real Estate Fund		Invesco V.I. American Franchise Fund
Invesco V.I. Government Securities Fund		Invesco V.I. American Value Fund
Invesco V.I. High Yield Fund		Invesco V.I. Xxxxxxxx Fund
Invesco V.I. International Growth Fund		Invesco V.I. Equity and Income Fund
Invesco V.I. Mid Cap Core Equity Fund		Invesco V.I. Global Core Equity Fund
Invesco V.I. Money Market Fund		Invesco V.I. Growth and Income Fund
Invesco V.I. Small Cap Equity Fund		Invesco V.I. Mid Cap Growth Fund
Invesco V.I. Technology 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:
Name:		Xxxx X. Xxxx
Title:		Senior Vice President

2

INVESCO CANADA LTD.

Sub-Adviser

By:

Name:

Title:

By:

Name:

Title:

3

INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH

Sub-Adviser

By:

Name:

Title:

4

INVESCO ASSET MANAGEMENT LIMITED

Sub-Adviser

By:

Name:

Title:

5

INVESCO ASSET MANAGEMENT (JAPAN) LTD.

Sub-Adviser

By:

Name:

Title:

6

INVESCO HONG KONG LIMITED

Sub-Adviser

By:

Name:

Title:

7

INVESCO SENIOR SECURED MANAGEMENT, INC.

Sub-Adviser

By:

Name:

Title:

8