EX-99.77Q1 OTHR EXHB 5 ex-99_77q1othrexhb5.htm EX-99.77Q1 OTHR EXHB

Sub-Item 77Q1(e): Copies of Any New or Amended Investment Advisory Contracts

 Annex A
December 15, 2011

The compensation payable under Paragraph 5 of the Management Agreement between Goldman Sachs Variable Insurance Trust and each of the undersigned shall be as follows:

Goldman Sachs Asset Management			Annual Rate (%)

Goldman Sachs Large Cap Value Fund			0.75% on first $1 billion
	0.68% over $1 billion up to $2 billion
	0.65% over $2 billion up to $5 billion
	0.64% over $5 billion up to $8 billion
	0.63% over $8 billion

Goldman Sachs Mid Cap Value Fund			0.80% on first $2 billion
	0.72% over $2 billion up to $5 billion
	0.68% over $5 billion up to $8 billion
	0.67% over $8 billion

Goldman Sachs Structured Small Cap Equity Fund	0.75% on first $2 billion
	0.68% over $2 billion up to $5 billion
	0.65% over $5 billion up to $8 billion
	0.64% over $8 billion

Goldman Sachs Structured U.S. Equity Fund		0.62% on first $1 billion
	0.59% over $1 billion up to $2 billion
	0.56% over $2 billion up to $5 billion
	0.55% over $5 billion up to $8 billion
	0.54% over $8 billion

Goldman Sachs Strategic Growth Fund			0.75% on first $1 billion
	0.68% over $1 billion up to $2 billion
	0.65% over $2 billion up to $5 billion
	0.64% over $5 billion up to $8 billion
	0.63% over $8 billion

Goldman Sachs Government Income Fund		0.54% on first $1 billion
	0.49% over $1 billion up to $2 billion
	0.47% over $2 billion up to $5 billion
	0.46% over $5 billion up to $8 billion
	0.45% over $8 billion

Goldman Sachs Core Fixed Income Fund		0.40% on first $1 billion
	0.36% over $1 billion up to $2 billion
	0.34% over $2 billion up to $5 billion
	0.33% over $5 billion up to $8 billion
	0.32% over $8 billion

Goldman Sachs Growth Opportunities Fund		1.00% on first $2 billion
	0.90% over $2 billion up to $5 billion
	0.86% over $5 billion up to $8 billion
	0.84% over $8 billion

Goldman Sachs Money Market Fund	0.205%


Goldman Sachs Global Markets Navigator Fund		0.79% on first $1 billion
	0.71% over $1 billion up to $2 billion
	0.68% over $2 billion up to $5 billion
	0.66% over $5 billion up to $8 billion
	0.65% over $8 billion

Goldman Sachs Asset Management International

Goldman Sachs Strategic International Equity		0.85% on first $1 billion
Fund	0.77% over $1 billion up to $2 billion
	0.73% over $2 billion up to $5 billion
	0.72% over $5 billion up to $8 billion
	0.71% over $8 billion



GOLDMAN SACHS VARIABLE INSURANCE TRUST		GOLDMAN SACHS ASSET MANAGEMENT
								INTERNATIONAL, an affiliate of
								Goldman, Sachs & Co.

By: 	/s/ James McNamara				   By: 	/s/ Peter Bonanno
Name:	James McNamara					Name:	Peter Bonanno
Title:	President						Title: 	Managing Director


GOLDMAN SACHS ASSET MANAGEMENT, L.P.
an affiliate of Goldman, Sachs & Co.


By:	/s/ Peter Bonanno
Name:	Peter Bonanno
Title:	Managing Director