AMENDMENT NO. 3 TO MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

AMENDMENT NO. 3

TO

MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

     This Amendment dated as of February 12, 2010, 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, and each of Invesco Trimark 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 desire to amend the Contract to add the following portfolios: Invesco V.I. Dividend Growth Fund, Invesco V.I. Global Dividend Growth Fund, Invesco V.I. High Yield Fund; Invesco V.I. Income Builder Fund, Invesco V.I. S&P 500 Index Fund, Invesco V.I. Select Dimensions Balanced Fund, Invesco V.I. Select Dimensions Dividend Growth Fund, Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund, Invesco Xxx Xxxxxx V.I. Capital Growth Fund, Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund, Invesco Xxx Xxxxxx V.I. Equity and Income Fund, Invesco Xxx Xxxxxx V.I. Global Tactical Asset Allocation Fund, Invesco Xxx Xxxxxx V.I. Global Value Equity Fund, Invesco Xxx Xxxxxx V.I. Government Fund, Invesco Xxx Xxxxxx V.I. Growth and Income Fund, Invesco Xxx Xxxxxx V.I. High Yield Fund, Invesco Xxx Xxxxxx V.I. International Growth Equity Fund, Invesco Xxx Xxxxxx V.I. Mid Cap Growth Fund, Invesco Xxx Xxxxxx V.I. Mid Cap Value Fund and Invesco Xxx Xxxxxx V.I. Value Fund;

     NOW, THEREFORE, the parties agree as follows;

1. Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following:

“EXHIBIT A

AIM V.I. Basic Balanced Fund
AIM V.I. Basic Value Fund
AIM V.I. Capital Appreciation Fund
AIM V.I. Capital Development Fund
AIM V.I. Core Equity Fund
AIM V.I. Diversified Income Fund
AIM V.I. Dynamics Fund
AIM V.I. Financial Services Fund
AIM V.I. Global Health Care Fund
AIM V.I. Global Real Estate Fund
AIM V.I. Government Securities Fund
AIM V.I. High Yield Fund
AIM V.I. International Growth Fund
AIM V.I. Large Cap Growth Fund
AIM V.I. Leisure Fund

AIM V.I. Mid Cap Core Equity Fund
AIM V.I. Money Market Fund
AIM V.I. PowerShares ETF Allocation Fund
AIM V.I. Small Cap Equity Fund
AIM V.I. Technology Fund
AIM V.I. Utilities Fund
Invesco V.I. Dividend Growth Fund
Invesco V.I. Global Dividend Growth Fund
Invesco V.I. High Yield Fund
Invesco V.I. Income Builder Fund
Invesco V.I. S&P 500 Index Fund
Invesco V.I. Select Dimensions Balanced Fund
Invesco V.I. Select Dimensions Dividend Growth Fund

Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund
Invesco Xxx Xxxxxx V.I. Capital Growth Fund
Invesco Xxx Xxxxxx V.I. Xxxxxxxx Fund
Invesco Xxx Xxxxxx V.I. Equity and Income Fund
Invesco Xxx Xxxxxx V.I. Global Tactical Asset Allocation Fund
Invesco Xxx Xxxxxx V.I. Global Value Equity Fund

Invesco Xxx Xxxxxx V.I. Government Fund
Invesco Xxx Xxxxxx V.I. Growth and Income Fund
Invesco Xxx Xxxxxx V.I. High Yield Fund
Invesco Xxx Xxxxxx V.I. International Growth Equity Fund
Invesco Xxx Xxxxxx V.I. Mid Cap Growth Fund
Invesco Xxx Xxxxxx V.I. Mid Cap Value Fund
Invesco Xxx Xxxxxx V.I. Value Fund”

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

2

     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

3

		INVESCO TRIMARK LTD.
		Sub-Adviser
		By:		/s/ Xxxxxxx Xxx
		Name:		Xxxxxxx Xxx
		Title:		Assistant Secretary
		By:		/s/ Xxxx Xxxxxxx
		Name:		Xxxx Xxxxxxx
		Title:		VP, Fund Accounting & CFO, Funds

4

		INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH
		Sub-Adviser
		By: Name:		/s/ Xxxx X Xxxxx Xxxx Xxxxx Xxxxx
		Title:		Managing Director
		By: Name:		/s/ J Langewand J Langewand
		Title:		Managing Director

5

		INVESCO ASSET MANAGEMENT LIMITED
		Sub-Adviser
		By: Name:		/s/ Xxxxxxxx Xxxxx Xxxxxxxx Xxxxx
		Title:		Head of Legal for UK & Ireland

6

		INVESCO ASSET MANAGEMENT (JAPAN) LTD.
		Sub-Adviser
		By: Name:		/s/ Xxxxxxxx Xxxxxxxx Xxxxxxxx Xxxxxxxx
		Title:		Managing Director

7

		INVESCO AUSTRALIA LIMITED
		Sub-Adviser
		By: Name:		/s/ Xxxx Xxxxxxx Xxxx Xxxxxxx
		Title:		Head of Product and Marketing
		By: Name:		/s/ Xxx Xxxxxxx Xxx Xxxxxxx
		Title:		Head of Legal

8

		INVESCO HONG KONG LIMITED
		Sub-Adviser
		By: Name:		/s/ Xxxx Xxxx Xxxx Xxxx
		Title:		Director
		By: Name:		/s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx
		Title:		Director

9

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

10