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 Van Kmapen 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. Utilities Fund
Invesco V.I. Core Equity Fund		Invesco V.I. Diversified Dividend Fund
Invesco V.I. Diversified Income Fund		Invesco V.I. High Yield Securities Fund
Invesco V.I. Global Health Care Fund		Invesco V.I. S&P 500 Index Fund
Invesco V.I. Global Real Estate Fund		Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco V.I. Government Securities Fund		Invesco V.I. American Franchise Fund
Invesco V.I. High Yield Fund		Invesco V.I. American Value Fund
Invesco V.I. International Growth Fund		Invesco V.I. Xxxxxxxx Fund
Invesco V.I. Mid Cap Core Equity Fund		Invesco V.I. Equity and Income Fund
Invesco V.I. Money Market Fund		Invesco V.I. Global Core Equity Fund
Invesco V.I. Small Cap Equity Fund		Invesco V.I. Growth and Income Fund
Invesco V.I. Technology 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:		/s/ Xxxxxxxx Xxxxxxxx
Name:		Xxxxxxxx Xxxxxxxx
Title:		Managing Director

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, Kupor
Title:		Secretary & General Counsel

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