0001047469-05-028556 Sample Contracts

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AMENDMENT DATED MAY 23, 2005 TO INVESTOR SERVICES AGREEMENT BETWEEN RYDEX VARIABLE TRUST AND RYDEX DISTRIBUTORS, INC., DATED DECEMBER 31, 1998, AS AMENDED
Investor Services Agreement • December 21st, 2005 • Rydex Variable Trust

Nova Fund Ursa Fund Precious Metals Fund OTC Fund Juno Fund Large-Cap Europe Fund Large-Cap Japan Fund Mekros Fund Medius Fund Titan 500 Fund Tempest 500 Fund Velocity 100 Fund Venture 100 Fund Long Dynamic Dow 30 Fund Inverse Dynamic Dow 30 Fund Large-Cap Value Fund Large-Cap Growth Fund Mid-Cap Value Fund Mid-Cap Growth Fund Inverse Mid-Cap Fund Small-Cap Value Fund Small-Cap Growth Fund Inverse Small-Cap Fund STRENGTHENING DOLLAR FUND WEAKENING DOLLAR FUND U.S. Government Bond Fund U.S. Government Money Market Fund All-Cap Value Fund Short Ten-Year Treasury Bond Fund Core Equity Fund Internet Fund Sector Rotation Fund Real Estate Fund Utilities Fund COMMODITIES FUND ABSOLUTE RETURN STRATEGIES FUND MARKET NEUTRAL FUND HEDGED EQUITY FUND CLS AdvisorOne Amerigo VT Fund CLS AdvisorOne Clermont VT Fund

FORM OF AMENDMENT DATED MAY 23, 2005 TO ACCOUNTING SERVICES AGREEMENT BETWEEN RYDEX VARIABLE TRUST AND RYDEX FUND SERVICES, INC., DATED AUGUST 11, 1998, AS AMENDED
Accounting Services Agreement • December 21st, 2005 • Rydex Variable Trust

The following Amendment, which supercedes all previous amendments, is made to the Accounting Services Agreement between Rydex Variable Trust (the "Trust") and Rydex Fund Services, Inc. (the "Servicer"), as amended to date (the "Agreement"), and is hereby incorporated into and made a part of the Agreement:

FORM OF AMENDMENT DATED [FEBRUARY 17, 2006] TO ACCOUNTING SERVICES AGREEMENT BETWEEN RYDEX VARIABLE TRUST AND RYDEX FUND SERVICES, INC., DATED AUGUST 11, 1998, AS AMENDED
Accounting Services Agreement • December 21st, 2005 • Rydex Variable Trust

The following Amendment, which supercedes all previous amendments, is made to the Accounting Services Agreement between Rydex Variable Trust (the "Trust") and Rydex Fund Services, Inc. (the "Servicer"), as amended to date (the "Agreement"), and is hereby incorporated into and made a part of the Agreement:

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