Virtus Variable Insurance Trust Sample Contracts

Form of
Virtus Variable Insurance Trust • April 5th, 2011 • Virtus Variable Insurance Trust
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VIRTUS VARIABLE INSURANCE TRUST INVESTMENT ADVISORY AGREEMENT
Virtus Variable Insurance Trust • December 1st, 2010 • Virtus Variable Insurance Trust • Massachusetts

THIS AGREEMENT, effective as of the 5th day of November, 2010 (the “Contract Date”) by and between Virtus Variable Insurance Trust (formerly The Phoenix Edge Series Fund), a Massachusetts business trust (the “Trust”) and Virtus Investment Advisers, Inc., a Massachusetts corporation (the “Adviser”).

VIRTUS VARIABLE INSURANCE TRUST Virtus Small-Cap Growth Series Virtus Small-Cap Value Series SUBADVISORY AGREEMENT
Virtus Variable Insurance Trust • December 1st, 2010 • Virtus Variable Insurance Trust • Massachusetts

Virtus Variable Insurance Trust (formerly The Phoenix Edge Series Fund) (the “Fund”) is an open-end investment company of the series type registered under the Investment Company Act of 1940 (the “Act”), and is subject to the rules and regulations promulgated thereunder. The shares of the Fund are offered or may be offered in several series (collectively, sometimes hereafter referred to as the “Series”).

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