N-SAR Exhibit Item 77Q1 RESTATED INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • February 29th, 2016 • Oppenheimer Variable Account Funds
Contract Type FiledFebruary 29th, 2016 CompanyTHIS RESTATED AGREEMENT made the 1st day of November, 2015, by and between Oppenheimer Variable Account Funds (the “Trust”), and OFI GLOBAL ASSET MANAGEMENT, INC. (“OFI GLOBAL”).