Common Contracts

2 similar Sub-Advisory Agreement contracts by Ivy Funds Variable Insurance Portfolios, Inc.

INVESTMENT SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2009 • Ivy Funds Variable Insurance Portfolios, Inc.

THIS AGREEMENT, dated as of April 15, 2009, shall become effective on April 30, 2009, and is entered into by and between Waddell & Reed Investment Management Company, a Kansas corporation, registered as an Investment Adviser under the Investment Advisers Act of 1940 (the "Adviser") and Wall Street Associates, a California corporation, registered as an Investment Adviser under the Investment Advisers Act of 1940 (the "Sub-Adviser").

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INVESTMENT SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • April 30th, 2009 • Ivy Funds Variable Insurance Portfolios, Inc.

THIS AGREEMENT, dated as of April 15, 2009, shall become effective on April 30, 2009 and is entered into by and between Waddell & Reed Investment Management Company, a Kansas corporation, registered as an Investment Adviser under the Investment Advisers Act of 1940 (the "Adviser") and Templeton Investment Counsel, LLC, a Delaware limited liability company, registered as an Investment Adviser under the Investment Advisers Act of 1940 (the "Sub-Adviser").

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