AMENDMENT NO. 10 THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

AMENDMENT NO. 10
THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

     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:

WITNESSETH:

     WHEREAS, the parties desire to amend the Agreement to add the following portfolio: Invesco V.I. Balanced-Risk Allocation 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		December 20, 2010
Invesco V.I. Basic Balanced Fund		July 1, 2006
Invesco V.I. Basic Value Fund		July 1, 2006
Invesco V.I. Capital Appreciation Fund		July 1, 2006
Invesco V.I. Capital Development Fund		July 1, 2006
Invesco V.I. Core Equity Fund		July 1, 2006
Invesco V.I. Diversified Income Fund		July 1, 2006
Invesco V.I. Dynamics Fund		July 1, 2006
Invesco V.I. Financial Services Fund		July 1, 2006
Invesco V.I. Global Health Care Fund		July 1, 2006
Invesco V.I. Global Multi-Asset Fund		October 22, 2008
Invesco V.I. Global Real Estate Fund		July 1, 2006
Invesco V.I. Government Securities Fund		July 1, 2006
Invesco V.I. High Yield Fund		July 1, 2006
Invesco V.I. International Growth Fund		July 1, 2006
Invesco V.I. Large Cap Growth Fund		July 1, 2006
Invesco X.X. Xxxxxxx Xxxx		Xxxx 0, 0000
Xxxxxxx V.I. Mid Cap Core Equity Fund		July 1, 2006
Invesco V.I. Money Market Fund		July 1, 2006
Invesco V.I. Small Cap Equity Fund		July 1, 2006
Invesco V.I. Technology Fund		July 1, 2006
Invesco V.I. Utilities Fund		July 1, 2006
Invesco V.I. Dividend Growth Fund		February 12, 2010
Invesco V.I. Global Dividend Growth Fund		February 12, 2010

Portfolios		Effective Date of Agreement
Invesco V.I. High Yield Securities Fund		February 12, 2010
Invesco V.I. Income Builder Fund		February 12, 2010
Invesco V.I. S&P 500 Index Fund		February 12, 2010
Invesco V.I. Select Dimensions Balanced Fund		February 12, 2010
Invesco V.I. Select Dimensions Dividend Growth Fund		February 12, 2010
Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Capital Growth Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Equity and Income Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Global Tactical Asset Allocation Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Global Value Equity Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Government Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Growth and Income Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. High Yield Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. International Growth Equity Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Mid Cap Growth Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Mid Cap Value Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Value Fund		February 12, 2010”

     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 $10,000 per class of shares is charged for each class other than the initial class. The $10,000 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.

Dated: December 20, 2010

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)

3