Common use of Establishment and Designation of Sub-Trusts Clause in Contracts

Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate six Sub-Trusts, each authorized to offer Initial Class and Class S Shares: ▇▇▇ ▇▇▇ VIP Unconstrained Emerging Markets Bond Fund, ▇▇▇ ▇▇▇ VIP Emerging Markets Fund, ▇▇▇ ▇▇▇ VIP Global Hard Assets Fund, ▇▇▇ ▇▇▇ VIP Multi-Manager Alternatives Fund, ▇▇▇ ▇▇▇ VIP Global Gold Fund and ▇▇▇ ▇▇▇ VIP Long/Short Equity Index Fund. The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate six Sub-Trusts, each authorized to offer Initial Class and Class S Shares: ▇▇▇ ▇▇▇ VIP Unconstrained Emerging Markets Bond Fund, ▇▇▇ ▇▇▇ VIP Emerging Markets Fund, ▇▇▇ ▇▇▇ VIP Global Hard Assets Fund, ▇▇▇ ▇▇▇ VIP Multi-Manager Alternatives Fund, ▇▇▇ ▇▇▇ VIP Global Gold Fund and ▇▇▇ ▇▇▇ VIP Long/Short Equity Index Fund. The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate six Sub-Trusts, each authorized to offer Initial Class and Class S Shares: ▇▇▇ ▇▇▇ VanEck VIP Unconstrained Emerging Markets Bond Fund, ▇▇▇ ▇▇▇ VanEck VIP Emerging Markets Fund, ▇▇▇ ▇▇▇ VanEck VIP Global Hard Assets Fund, ▇▇▇ ▇▇▇ VanEck VIP Multi-Manager Alternatives Fund, ▇▇▇ ▇▇▇ VanEck VIP Global Gold Fund and ▇▇▇ ▇▇▇ VanEck VIP Long/Short Equity Index Fund. The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions ” 3. Article VII, Section 7.6 of the Agreement.Agreement is amended to read in its entirety as follows: