0000950123-11-040206 Sample Contracts

BB&T VARIABLE INSURANCE FUNDS AMENDMENT TO THE CUSTODY AGREEMENT
Custody Agreement • April 28th, 2011 • BB&T Variable Insurance Funds

THIS AMENDMENT is made as of October 1, 2010 between U.S. Bank National Association, a national banking association organized and existing under the laws of the United States of America (the “Custodian”), and BB&T Variable Insurance Funds, a Massachusetts business trust (the “Trust”).

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AMENDED AND RESTATED SECURITIES LENDING AUTHORIZATION
Securities Lending Authorization • April 28th, 2011 • BB&T Variable Insurance Funds • Massachusetts

This Agreement (this “Agreement”) made as of the 1st day of July, 2010, by and between THE BANK OF NEW YORK MELLON, a New York state-chartered bank, successor by operation of law to Mellon Bank, N.A. (the “Lending Agent”) and BB&T VARIABLE INSURANCE FUNDS, a Massachusetts business trust (the “Client”), for and on behalf of each of the funds identified on Exhibit A hereto, as amended, modified or supplemented from time to time (each a “Fund” and collectively the “Funds”).

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