INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • April 28th, 2010 • Vanguard Variable Insurance Funds • Delaware
THIS AGREEMENT is made as of lhis 1st day of April, 2010, between VANGUARD VARIABLE INSURANCE FLJND, a Delaware statutory trust (the "Trust"), and William Blair & Company, L.L.C., a Delaware limited liabilily company (the "Adv~sor").
