0000823535-09-000003 Sample Contracts

FORM OF GENERAL DISTRIBUTION AGREEMENT between VARIABLE INSURANCE PRODUCTS FUND V and FIDELITY DISTRIBUTORS CORPORATION
General Distribution Agreement • April 3rd, 2009 • Variable Insurance Products Fund V • Massachusetts

Agreement made this ___ day of [Month], 200 , between Variable Insurance Products Fund V, a Massachusetts business trust having its principal place of business in Boston, Massachusetts and which may issue one or more series of beneficial interest ("Issuer"), with respect to shares of Freedom 2045 Portfolio, a series of the Issuer, and Fidelity Distributors Corporation, a Massachusetts corporation having its principal place of business in Boston, Massachusetts ("Distributors").

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FORM OF MANAGEMENT CONTRACT between VARIABLE INSURANCE PRODUCTS FUND V: FREEDOM 2040 PORTFOLIO and STRATEGIC ADVISERS, INC.
Management Contract • April 3rd, 2009 • Variable Insurance Products Fund V • Massachusetts

AGREEMENT made this ___ day of [Month], 200_ by and between Variable Insurance Products Fund V, a Massachusetts business trust which may issue one or more series of shares of beneficial interest (hereinafter called the "Fund"), on behalf of Freedom 2040 Portfolio, a series of the Fund, (hereinafter called the "Portfolio"), and Strategic Advisers, Inc., a Massachusetts corporation (hereinafter called the "Adviser") as set forth in its entirety below.

FORM OF ADMINISTRATION AGREEMENT between STRATEGIC ADVISERS, INC. and FIDELITY MANAGEMENT & RESEARCH COMPANY
Administration Agreement • April 3rd, 2009 • Variable Insurance Products Fund V • Massachusetts

AGREEMENT dated as of this __ day of [Month], 200_ between Strategic Advisers, Inc., a Massachusetts corporation (the "Adviser"), and Fidelity Management & Research Company, a Massachusetts corporation (the "Administrator").

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