AMENDMENT NO. 9 TO MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

AMENDMENT NO. 9

TO

MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

     This Amendment dated as of May 1, 2013, 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 Australia Limited, 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 names of Xxxxxxx Xxx Xxxxxx V.I. American Franchise Fund to Invesco V.I. American Franchise Fund, Invesco Xxx Xxxxxx V.I. American Value Fund to Invesco V.I. American Value Fund, Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund, Invesco Xxx Xxxxxx V.I. Equity and Income Fund to Invesco V.I. Equity and Income Fund, Invesco Xxx Xxxxxx V.I. Global Core Equity Fund to Invesco V.I. Global Core Equity Fund, Invesco Xxx Xxxxxx V.I. Growth & Income Fund to Invesco V.I. Growth & Income Fund, Invesco Xxx Xxxxxx V.I. Mid Cap Growth Fund to Invesco V.I. Mid Cap Growth Fund and Invesco Xxx Xxxxxx V.I. Value Opportunities Fund to Invesco V.I. Value Opportunities 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. Core Equity Fund
Invesco V.I. Diversified Income Fund
Invesco V.I. Global Health Care Fund
Invesco V.I. Global Real Estate Fund
Invesco V.I. Government Securities Fund
Invesco V.I. High Yield Fund
Invesco V.I. International Growth Fund
Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. Money Market Fund
Invesco V.I. Small Cap Equity Fund
Invesco V.I. Technology Fund

Invesco V.I. Utilities Fund
Invesco V.I. Diversified Dividend Fund
Invesco V.I. High Yield Securities Fund
Invesco V.I. S&P 500 Index Fund
Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco V.I. American Franchise Fund
Invesco V.I. American Value Fund
Invesco V.I. Xxxxxxxx Fund
Invesco V.I. Equity and Income Fund
Invesco V.I. Global Core Equity Fund
Invesco V.I. Growth and Income Fund
Invesco V.I. Mid Cap Growth 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:		/s/ Xxxx X. Xxxx
		Name:		Xxxx X. Xxxx
		Title:		Senior Vice President

2

		INVESCO CANADA LTD.
		Sub-Adviser
		By:		/s/ Xxxxx Xxxxxx
		Name:		Xxxxx Xxxxxx
		Title:		SVP Fund Admin
		By:		/s/ Xxxxx Xxxxxxxx
		Name:		Xxxxx Xxxxxxxx
		Title:		SVP Product

3

		INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH
		Sub-Adviser
		By:		/s/ X. Xxxxxx
		Name:		X. Xxxxxx
		Title:		Managing Director
		By:		/s/ X. Xxxxxxxxx
		Name:		X. Xxxxxxxxx
		Title:		Managing Director

4

		INVESCO ASSET MANAGEMENT LIMITED
		Sub-Adviser
		By:		/s/ X. Xxxxxxxxx
		Name:		X. XxXxxxxxx
		Title:		Director

5

INVESCO ASSET MANAGEMENT (JAPAN) LTD.

Sub-Adviser

By:

Name:

Title:

6

		INVESCO AUSTRALIA LIMITED
		Sub-Adviser
		By:		/s/ Xxxx Xxxxxxx
		Name:		Xxxx Xxxxxxx
		Title:		Company Secretary
		By:		/s/ Xxxx Xxxxxxx
		Name:		Xxxx Xxxxxxx
		Title:		Director

7

		INVESCO HONG KONG LIMITED
		Sub-Adviser
		By:		/s/ Xxxxx Xxx
		Name:		Xxxxx Xxx
		Title:		Director
		By:		/s/ Xxxxxx Xxx
		Name:		Xxxxxx Xxx
		Title:		Director

8

		INVESCO SENIOR SECURED MANAGEMENT, INC.
		Sub-Adviser
		By:		/s/ Xxxxxxx X. Xxxxx
		Name:		Xxxxxxx X. Xxxxx
		Title:		Secretary & General Counsel

9