0000708950-11-000007 Sample Contracts

AMENDED ADMINISTRATIVE SERVICES AGREEMENT Calvert Variable Series, Inc. Calvert Administrative Services Company SCHEDULE A
Administrative Services Agreement • April 27th, 2011 • Calvert Variable Series Inc

Listed below are the Series of Calvert Variable Series, Inc. that are entitled to receive administrative services from Calvert Administrative Services Company ("CASC") under the Administrative Services Agreement dated March 1, 1999, and which will pay annual fees to CASC pursuant to the Agreement.

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Amended Investment Advisory Agreement Calvert Asset Management Company, Inc. Calvert Variable Series, Inc. Schedule A
Amended Investment Advisory Agreement • April 27th, 2011 • Calvert Variable Series Inc

As compensation pursuant to Section 4 of the Investment Advisory Agreement between Calvert Asset Management Company, Inc. (the "Advisor") and Calvert Variable Series, Inc. ("CVS") dated March 1, 1999, with respect to the CVS Portfolios shown below, the Advisor is entitled to receive from the listed Portfolios an annual advisory fee (the "Fee") as shown below. The Fee shall be computed daily and payable monthly, based on the average daily net assets of the appropriate Portfolio.

AMENDED INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • April 27th, 2011 • Calvert Variable Series Inc

Listed below are the portfolios of Calvert Variable Series, Inc. that are entitled to receive investment advisory services from Calvert Asset Management Company, Inc. (the “Advisor”) under the Investment Advisory Agreement dated November 18, 2006, and which will pay fees calculated at the following annual rates to the Advisor pursuant to Section 3 of the Agreement:

AMENDED ADMINISTRATIVE SERVICES AGREEMENT
Administrative Services Agreement • April 27th, 2011 • Calvert Variable Series Inc

Listed below are the portfolios of Calvert Variable Series, Inc. that are entitled to receive administrative services from Calvert Administrative Services Company ("CASC") under the Administrative Services Agreement dated October 8, 1999, as revised January 2, 2001 and October 31, 2003, and which will pay annual fees to CASC pursuant to the Agreement.

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