AMENDMENT NO. 11 THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

AMENDMENT NO. 11
THIRD AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT

     This Amendment dated as of December 1, 2011, amends 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:

W I T N E S S E T H:

     WHEREAS, the Trust desires to amend the Agreement to remove the following series portfolios: Invesco V.I. Basic Balanced Fund, Invesco V.I. Dynamics Fund, Invesco V.I. Financial Services Fund, Invesco V.I. Global Multi-Asset Fund, Invesco V.I. Large Cap Growth Fund, Invesco V.I. Global Dividend Growth Fund, Invesco V.I. Income Builder Fund, Invesco V.I. Select Dimensions Balanced Fund, Invesco V.I. Select Dimensions Dividend Growth Fund, Invesco Xxx Xxxxxx V.I. Global Tactical Asset Allocation Fund, Invesco Xxx Xxxxxx V.I. Government Fund, Invesco Xxx Xxxxxx V.I. High Yield Fund, Invesco Xxx Xxxxxx V.I. International Growth Equity Fund and Invesco Xxx Xxxxxx V.I. Value 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		January 7, 2011
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. Global Health Care Fund		July 1, 2006
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 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. High Yield Securities Fund		February 12, 2010

Portfolios		Effective Date of Agreement
Invesco V.I. S&P 500 Index 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 Value Equity Fund		February 12, 2010
Invesco Xxx Xxxxxx V.I. Growth and Income 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

     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.”

     All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.

INVESCO ADVISERS, INC.

Attest:		/s/ Xxxxx Xxxxxxxx      Assistant Secretary		By:		/s/ Xxxx X. Xxxx      Xxxx X. Xxxx
						Senior Vice President

(SEAL)

AIM VARIABLE INSURANCE FUNDS
(INVESCO VARIABLE INSURANCE FUNDS)

Attest:		/s/ Xxxxx Xxxxxxxx      Assistant Secretary		By:		/s/ Xxxx X. Xxxx      Xxxx X. Xxxx
						Senior Vice President

(SEAL)

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