AMENDMENT NO. 2 TO THE FOURTH AMENDED AND RESTATED MASTER ADMINISTRATIVE SERVICES AGREEMENT
AMENDMENT NO. 2
TO THE
FOURTH AMENDED AND RESTATED
MASTER ADMINISTRATIVE SERVICES AGREEMENT
This Amendment, effective as of August 2, 2021, amends the Fourth Amended and Restated Master Administrative Services Agreement (the “Agreement”), dated July 1, 2020, by and between Invesco Advisers, Inc., a Delaware corporation (the “Administrator”) and AIM Variable Insurance Funds (Invesco Variable Insurance Funds), a Delaware business trust (the “Trust”).
W I T N E S S E T H:
WHEREAS, the parties desire to amend the Agreement to add Invesco V.I. S&P 500 Buffer Fund – March, Invesco V.I. S&P 500 Buffer Fund – June, Invesco V.I. S&P 500 Buffer Fund – September, Invesco V.I. S&P 500 Buffer Fund – December, Invesco V.I. NASDAQ 100 Buffer Fund – March, Invesco V.I. NASDAQ 100 Buffer Fund – June, Invesco V.I. NASDAQ 100 Buffer Fund – September and Invesco V.I. NASDAQ 100 Buffer Fund – December;
NOW THEREFORE, the parties agree that:
| 1. | Appendix A to the Agreement is hereby deleted in its entirety and replaced with the following: |
“APPENDIX A
TO
FOURTH AMENDED AND RESTATED
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
AIM VARIABLE INSURANCE FUNDS (INVESCO VARIABLE INSURANCE FUNDS)
| Portfolios |
Effective Date of Agreement | |
| Invesco Oppenheimer V.I. International Growth Fund | May 24, 2019 | |
| Invesco V.I. American Franchise Fund | February 12, 2010 | |
| Invesco V.I. American Value Fund | February 12, 2010 | |
| Invesco V.I. Balanced-Risk Allocation Fund | January 7, 2011 | |
| Invesco V.I. Capital Appreciation Fund | May 24, 2019 | |
| Invesco V.I. Xxxxxxxx Fund | February 12, 2010 | |
| Invesco V.I. Conservative Balanced Fund | May 24, 2019 | |
| Invesco V.I. Core Bond Fund | May 24, 2019 | |
| Invesco V.I. Core Equity Fund | May 1, 2000 | |
| Invesco V.I. Core Plus Bond Fund | May 1, 2000 | |
| Invesco V.I. Discovery Mid Cap Growth Fund | May 24, 2019 | |
| Invesco V.I. Diversified Dividend Fund | February 12, 2010 | |
| Invesco V.I. Equally-Weighted S&P 500 Fund | February 12, 2010 | |
| Invesco V.I. Equity and Income Fund | February 12, 2010 | |
| Invesco V.I. Global Fund | May 24, 2019 | |
| Invesco V.I. Global Strategic Income Fund | May 24, 2019 | |
| Invesco V.I. Global Core Equity Fund | February 12, 2010 | |
| Invesco V.I. Global Real Estate Fund | April 30, 2004 | |
| Invesco V.I. Government Money Market Fund**** | May 24, 2019 | |
| Invesco V.I. Government Securities Fund | May 1, 2000 | |
| Invesco V.I. Growth and Income Fund | February 12, 2010 | |
| Invesco V.I. Health Care Fund | April 30, 2004 | |
| Invesco V.I. High Yield Fund | May 1, 2000 | |
| Invesco V.I. International Growth Fund | May 1, 2000 | |
| Invesco V.I. Main Street Fund® | May 24, 2019 | |
| Invesco V.I. Main Street Mid Cap Fund | September 10, 2001 | |
| Invesco V.I. Main Street Small Cap Fund® | May 24, 2019 |
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| Invesco V.I. S&P 500 Index Fund | February 12, 2010 | |
| Invesco V.I. S&P 500 Buffer Fund – March | September 7, 2021 | |
| Invesco V.I. S&P 500 Buffer Fund – June | September 7, 2021 | |
| Invesco V.I. S&P 500 Buffer Fund – September | September 7, 2021 | |
| Invesco V.I. S&P 500 Buffer Fund – December |
September 7, 2021 | |
| Invesco V.I. NASDAQ 100 Buffer Fund – March |
September 7, 2021 | |
| Invesco V.I. NASDAQ 100 Buffer Fund – June | September 7, 2021 | |
| Invesco V.I. NASDAQ 100 Buffer Fund – September | September 7, 2021 | |
| Invesco V.I. NASDAQ 100 Buffer Fund – December | September 7, 2021 | |
| Invesco V.I. Small Cap Equity Fund | September 1, 2003 | |
| Invesco V.I. Technology Fund | April 30, 2004 | |
| Invesco V.I. U.S. Government Money Portfolio**** | May 1, 2000 |
The Administrator may receive from each Portfolio reimbursement for costs or reasonable compensation for such services as follows:
| Rate* |
Invesco Fund Complex Net Assets** | |
| 0.0175% |
First $100 billion | |
| 0.0150% |
Next $100 billion | |
| 0.0135% |
Next $100 billion | |
| 0.0125% |
Next $100 billion | |
| 0.010% |
Over $400 billion |
| * | The fee will be paid monthly at 1/12 of the annualized effective fee rate based on the average assets under management of the Invesco Fund Complex Net Assets of the prior month. |
| ** | Invesco Fund Complex Net Assets means the aggregate monthly net assets of each mutual fund and closed-end fund in the Invesco Fund complex overseen by the Invesco Funds Board. |
| *** | For the additional administrative services that the Administrator provides or ensures that the Insurance Company or Qualified Plan (that has entered into a Participation Agreement with AIM Variable Insurance Funds (Invesco Variable Insurance Funds)) provides, the Portfolios shall pay Invesco Advisers, Inc., on a quarterly basis, up to an annual rate of ..15% of the average net asset value of each portfolio not to exceed the Administrator’s cost. To the extent that the Administrator’s cost exceeds .15%, such excess amount shall be borne by the Administrator and the Administrator will not seek reimbursement at a later time for such excess amounts on services previously rendered if the Administrator’s cost is later reduced to an amount below .15%. |
| **** | In addition to the rate described above, Invesco V.I. Government Money Market Fund and Invesco V.I. U.S. Government Money Portfolio shall also pay the Administrator 0.03% for the provision of the Money Market Fund Administrative Services.” |
| 2. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their officers designated below as of the day and year first above written.
| INVESCO ADVISERS, INC. | ||
| By: | /s/ Xxxxxxx X. Xxxxx | |
| Xxxxxxx X. Xxxxx | ||
| Senior Vice President & Secretary | ||
| AIM VARIABLE INSURANCE FUNDS | ||
| (INVESCO VARIABLE INSURANCE FUNDS) | ||
| By: | /s/ Xxxxxxx X. Xxxxx | |
| Xxxxxxx X. Xxxxx | ||
| Secretary, Senior Vice President and | ||
| Chief Legal Officer | ||
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