AMENDMENT NO. 15

AMENDMENT NO. 15

TO

MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS

This Amendment effective as of May 24, 2019, 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 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 desires to add Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Capital Appreciation Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Conservative Balanced Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Discovery Mid Cap Growth Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Global Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Global Strategic Income Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Government Money Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. International Growth Fund, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Main Street Fund®, Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Main Street Small Cap Fund® and Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Total Return Bond 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. American Franchise Fund	Invesco V.I. Managed Volatility Fund
Invesco V.I. American Value Fund	Invesco V.I. Mid Cap Core Equity Fund
Invesco V.I. Balanced-Risk Allocation Fund	Invesco V.I. Mid Cap Growth Fund
Invesco V.I. ▇▇▇▇▇▇▇▇ Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Capital Appreciation Fund
Invesco V.I. Core Equity Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Conservative Balanced Fund
Invesco V.I. Core Plus Bond Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Discovery Mid Cap Growth Fund
Invesco V.I. Diversified Dividend Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Global Fund
Invesco V.I. Equally-Weighted S&P 500 Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Global Strategic Income Fund
Invesco V.I. Equity and Income Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Government Money Fund
Invesco V.I. Global Core Equity Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. International Growth Fund
Invesco V.I. Global Real Estate Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Main Street Fund®
Invesco V.I. Government Money Market Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Main Street Small Cap Fund®
Invesco V.I. Government Securities Fund	Invesco ▇▇▇▇▇▇▇▇▇▇▇ V.I. Total Return Bond Fund
Invesco V.I. Growth and Income Fund	Invesco V.I. S&P 500 Index Fund
Invesco V.I. Health Care Fund	Invesco V.I. Small Cap Equity Fund
Invesco V.I. High Yield Fund	Invesco V.I. Technology Fund
Invesco V.I. International Growth Fund	Invesco 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/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇

Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇

Title: Senior Vice President

2

INVESCO CANADA LTD.

Sub-Adviser

By:/s/ ▇▇▇▇▇ ▇▇▇▇▇▇

Name:▇▇▇▇▇ ▇▇▇▇▇▇

Title:Chief Financial Officer, Funds & North

America Head – Fund Accounting & Fund

Expenses

By:/s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇

Name: ▇▇▇▇▇ ▇▇▇▇▇▇

Title:Executive Vice President & Chief Financial

Officer

3

INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH

Sub-Adviser

By:/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇

Name:▇▇▇▇▇▇▇ ▇▇▇▇▇

Title: Geschaftsfuhrer

By:/s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇

Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇

Title: Geschaftsfuhrer

4

INVESCO ASSET MANAGEMENT LIMITED

Sub-Adviser

By:/s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇

Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇

Title: Director

5

INVESCO ASSET MANAGEMENT (JAPAN) LTD.

Sub-Adviser

By:/s/ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇

Name: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇

Title: Managing Director

6

INVESCO HONG KONG LIMITED

Sub-Adviser

By:/s/ Pang Sin Chu

Name: Pang Sin Chu

Title: Authorised Signatory

By:/s/ ▇▇▇ ▇▇▇ ▇▇▇

Name: ▇▇▇ ▇▇▇ ▇▇▇

Title: Authorised Signatory

7

INVESCO SENIOR SECURED MANAGEMENT, INC.

Sub-Adviser

By:/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇

Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇

Title: Secretary & General Counsel

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