EX-99.D3.B 3 h66492bexv99wd3wb.txt EX-99.D3.B AMENDMENT NO. 1 TO MASTER INTERGROUP SUB-ADVISORY CONTRACT FOR MUTUAL FUNDS This Amendment dated as of October 22, 2008, amends the Master Intergroup Sub-Advisory Contract for Mutual Funds (the "Contract"), dated May 1, 2008, between Invesco Aim Advisors, Inc. (the "Advisor"), on behalf of AIM Variable Insurance Funds, and each of Invesco Trimark Ltd., formerly AIM Funds Management Inc., Invesco Asset Management Deutschland GmbH, Invesco Asset Management Limited, Invesco Asset Management (Japan) Ltd., Invesco Australia Limited, Invesco Global Asset Management (N.A.), Inc., Invesco Hong Kong Limited, Invesco Institutional (N.A.), Inc., and Invesco Senior Secured Management, Inc. (each a "Sub-Advisor" and, collectively, the "Sub-Advisors"). WITNESSETH: WHEREAS, the parties desire to amend the Contract to add AIM V.I. PowerShares ETF Allocation Fund; NOW, THEREFORE, the parties agree as follows; 1. Exhibit A to the Contract is hereby deleted in its entirety and replaced with the following: "EXHIBIT A AIM V.I. Basic Balanced Fund AIM V.I. Basic Value Fund AIM V.I. Capital Appreciation Fund AIM V.I. Capital Development Fund AIM V.I. Core Equity Fund AIM V.I. Diversified Income Fund AIM V.I. Dynamics Fund AIM V.I. Financial Services Fund AIM V.I. Global Health Care Fund AIM V.I. Global Real Estate Fund AIM V.I. Government Securities Fund AIM V.I. High Yield Fund AIM V.I. International Growth Fund AIM V.I. Large Cap Growth Fund AIM V.I. Leisure Fund AIM V.I. Mid Cap Core Equity Fund AIM V.I. Money Market Fund AIM V.I. PowerShares ETF Allocation Fund AIM V.I. Small Cap Equity Fund AIM V.I. Technology Fund AIM V.I. Utilities 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 AIM ADVISORS, INC. Advisor By: /s/ John M. Zerr ------------------------------------ Name: John M. Zerr Title: Senior Vice President 2 INVESCO TRIMARK LTD. Sub-Advisor By: /s/ Eric J. Adelson ------------------------------------ Name: Eric J. Adelson Title: Senior Vice President, Legal & Secretary By: /s/ Wayne Bolton ------------------------------------ Name: Wayne Bolton Title: Vice President, Compliance 3 INVESCO ASSET MANAGEMENT DEUTSCHLAND GMBH Sub-Advisor By: /s/ Michael Fraikin ------------------------------------ Name: Michael Fraikin Title: Director By: /s/ Uwe Draeger ------------------------------------ Name: Uwe Draeger Title: Managing Director 4 INVESCO ASSET MANAGEMENT LIMITED Sub-Advisor By: /s/ Michelle Moran ------------------------------------ Name: Michelle Moran Title: Head of Legal for UK & Ireland 5 INVESCO ASSET MANAGEMENT (JAPAN) LTD. Sub-Advisor By: /s/ Masakazu Hasegawa ------------------------------------ Name: Masakazu Hasegawa Title: Managing Director 6 INVESCO AUSTRALIA LIMITED Sub-Advisor By: /s/ Mark Yesberg ------------------------------------ Name: Mark Yesberg Title: Head of Product & Marketing By: /s/ Ian Coltman ------------------------------------ Name: Ian Coltman Title: Head of Legal & Co Sec 7 INVESCO GLOBAL ASSET MANAGEMENT (N.A.), INC. Sub-Advisor By: /s/ Jeffrey H. Kupor ------------------------------------ Name: Jeffrey H. Kupor Title: Secretary & General Counsel 8 INVESCO HONG KONG LIMITED Sub-Advisor By: /s/ Anna Tong ------------------------------------ Name: Anna Tong Title: Director By: /s/ Gracie Liu ------------------------------------ Name: Gracie Liu Title: Director 9 INVESCO INSTITUTIONAL (N.A.), INC. Sub-Advisor By: /s/ Jeffrey H. Kupor ------------------------------------ Name: Jeffrey H. Kupor Title: Secretary & General Counsel 10 INVESCO SENIOR SECURED MANAGEMENT, INC. Sub-Advisor By: /s/ Jeffrey H. Kupor ------------------------------------ Name: Jeffrey H. Kupor Title: Secretary & General Counsel 11