0000932471-10-003511 Sample Contracts

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 6th, 2010 • Vanguard Variable Insurance Funds • Delaware

THIS AGREEMENT is made as of this 7th day of October, 2010, between Vanguard Variable Insurance Funds, a Delaware statutory trust (the “Trust”), and Wellington Management Company, a Massachusetts limited liability partnership (the “Advisor”).

INVESTMENT ADVISORY AGREEMENT
Investment Advisory Agreement • December 6th, 2010 • Vanguard Variable Insurance Funds • Delaware

THIS AGREEMENT is made as of this 7th day of October, 2010, between Vanguard Variable Insurance Funds, a Delaware statutory trust (the “Trust”), and Delaware Management Company, a series of Delaware Management Business Trust (the “Advisor”), a Delaware business trust.