AMENDMENT NO. 8

TO

MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

     This Amendment dated July 16, 2012, amends the Master Intergroup Sub-Advisory Contract for Mutual Funds (the “Contract”), dated May 1, 2008, between Invesco Advisers, Inc. (the “Adviser”), on behalf of AIM Variable Insurance Funds (Invesco Variable Insurance Funds), and each of Invesco Canada Ltd., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Australia Limited, Invesco Hong Kong Limited, and Invesco Senior Secured Management, Inc. (each a “Sub-Adviser” and, collectively, the “Sub-Advisers”).

W I T N E S S E T H:

     WHEREAS, the parties desire to (i) remove Invesco V.I. Leisure Fund, Invesco V.I. Capital Appreciation Fund and Invesco V.I. Capital Development Fund; and (ii) change the name of the following series portfolios: Invesco V.I. Basic Value Fund to Invesco Van Kampen V.I. Value Opportunities Fund, Invesco V.I. Dividend Growth Fund to Invesco V.I. Diversified Dividend Fund, Invesco V.I. Select Dimensions Equally-Weighted S&P 500 Fund to Invesco V.I. Equally Weighted S&P 500 Fund, Invesco Van Kampen V.I. Global Value Equity Fund to Invesco V.I. Global Core Equity Fund, Invesco Van Kampen V.I. Capital Growth Fund to Invesco Van Kampen V.I. American Franchise Fund and Invesco Van Kampen V.I. Mid Cap Value Fund to Invesco Van Kampen V.I. American Value Fund;

NOW, THEREFORE, the parties agree that;

1. Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following:

“EXHIBIT A

Invesco V.I. Balanced-Risk Allocation Fund
Invesco V.I. Core Equity Fund
Invesco V.I. Diversified Income Fund
Invesco V.I. Global Health Care Fund
Invesco V.I. Global Real Estate Fund
Invesco V.I. Government Securities Fund
Invesco V.I. High Yield Fund
Invesco V.I. International Growth Fund
Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. Money Market Fund
Invesco V.I. Small Cap Equity Fund
Invesco V.I. Technology Fund
Invesco V.I. Utilities Fund
Invesco V.I. Diversified Dividend Fund
Invesco V.I. High Yield Securities Fund
Invesco V.I. S&P 500 Index Fund
Invesco V.I. Equally-Weighted S&P 500 Fund
Invesco Van Kampen V.I. American Franchise Fund
Invesco Van Kampen V.I. American Value Fund

Invesco Van Kampen V.I. Comstock Fund
Invesco Van Kampen V.I. Equity and Income Fund
Invesco Van Kampen V.I. Global Core Equity Fund
Invesco Van Kampen V.I. Growth and Income Fund
Invesco Van Kampen V.I. Mid Cap Growth Fund
Invesco Van Kampen V.I. Value Opportunities Fund”

2.	All other terms and provisions of the Contract not amended shall remain in full force and effect.
	IN WITNESS WHEREOF, the parties hereto have caused this Contract to be executed by their officers designated as of the day and year first above written.

INVESCO ADVISERS, INC.
Adviser
By:	/s/ John M. Zerr
Name:	John M. Zerr
Title:	Senior Vice President

INVESCO CANADA LTD.
Sub-Adviser
By:	/s/ Harsh Damani
Name:	Harsh Damani
Title:	SVP Fund Admin
By:	/s/ Jamie Kingston
Name:	Jamie Kingston
Title:	SVP Product

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INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH
Sub-Adviser
By:	/s/ A. Lehman
Name:	A. Lehman
Title:	Managing Director
By:	/s/ C. Puschmann
Name:	C. Puschmann
Title:	Managing Director

4

INVESCO ASSET MANAGEMENT LIMITED
Sub-Adviser
By:	/s/ M. Mcloughun
Name:	M. McLoughun
Title:	Director

5

INVESCO ASSET MANAGEMENT (JAPAN) LTD.

Sub-Adviser

By:

Name:

Title:

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INVESCO AUSTRALIA LIMITED
Sub-Adviser
By:	/s/ Nick Burrell
Name:	Nick Burrell
Title:	Company Secretary
By:	/s/ Mark Yesberg
Name:	Mark Yesberg
Title:	Director

7

INVESCO HONG KONG LIMITED
Sub-Adviser
By:	/s/ Fanny Lee
Name:	Fanny Lee
Title:	Director
By:	/s/ Gracie Liu
Name:	Gracie Liu
Title:	Director

8

INVESCO SENIOR SECURED MANAGEMENT, INC.
Sub-Adviser
By:	/s/ Jeffrey H. Kupor
Name:	Jeffrey H, Kupor
Title:	Secretary & General Counsel

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