Variable Insurance Funds Sample Contracts

VARIABLE INSURANCE FUNDS FORM OF INVESTMENT ADVISORY AGREEMENT
Variable Insurance Funds • April 28th, 2003 • Variable Insurance Funds • Massachusetts

THIS AGREEMENT is made effective as of May 1, 2003, by and between Variable Insurance Funds, a Massachusetts business trust (the "Trust"), on behalf of Trust's series, as set forth on attached Schedule A, as amended from time to time (each, a "Fund" and collectively, the "Funds") and Choice Investment Management, LLC, a Colorado limited liability company (the "Investment Adviser'').

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