FORM OF AMENDMENT TO THE
ADVISORY AGREEMENT
Effective May 1, 2006, the Advisory Agreement between COLUMBIA FUNDS VARIABLE
INSURANCE TRUST with respect to the following Funds and COLUMBIA MANAGEMENT
ASSOCIATES, LLC (Advisor) is hereby amended as follows:
For the period May 1, 2006 through April 30, 2007, the Advisor agrees to waive
advisory fees and reimburse the following Funds for certain expenses so that the
total annual fund operating expenses (exclusive of distribution fees, brokerage
commissions, interest, taxes and extraordinary expenses, if any) will not exceed
the following percentages:
Fund Expenses Exceeding
---- ------------------
Columbia Asset Allocation Fund, Variable Series 0.75% of average net assets
Columbia Large Cap Value Fund, Variable Series 0.80% of average net assets
Columbia Small Company Growth Fund, Variable Series 0.80% of average net assets
COLUMBIA VARIABLE INSURANCE TRUST on behalf of
Columbia Asset Allocation Fund, Variable Series, Columbia Large Cap Value Fund,
Variable Series and Columbia Small Company Growth Fund, Variable Series
By: _____________________________
Title:
COLUMBIA MANAGEMENT ASSOCIATES, LLC
By: _____________________________
Title:
