Common use of COMPENSATION TO THE ADVISOR Clause in Contracts

COMPENSATION TO THE ADVISOR. The Trust shall pay the Adviser, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund. Invesco V.I. Balanced-Risk Allocation Fund Net Assets Annual Rate* First $250 million 0.95 % Next $250 million 0.925 % Next $500 million 0.90 % Next $1.5 billion 0.875 % Next $2.5 billion 0.85 % Next $2.5 billion 0.825 % Next $2.5 billion 0.80 % Over $10 billion 0.775 % * To the extent Invesco V.I. Balanced-Risk Allocation Fund invests its assets in Invesco Cayman Commodity Fund IV Ltd., a direct wholly-owned subsidiary of Invesco V.I. Balanced-Risk Allocation Fund, the Adviser shall not collect the portion of the advisory fee that the Adviser would otherwise be entitled to collect from Invesco V.I. Balanced-Risk Allocation Fund, in an amount equal to 100% of the advisory fee that the Adviser receives from Invesco Cayman Commodity Fund IV Ltd.

COMPENSATION TO THE ADVISOR. The Trust shall pay the Adviser, out of the assets of a each Fund, as full compensation for all services rendered, an advisory fee for such Fund Funds as set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund Funds for the calendar year computed in the manner used for the determination of the net asset value of shares of such FundFunds. Invesco V.I. Balanced-Risk Aggressive Allocation Fund Net Assets Annual Rate* First $250 million 0.95 1.00 % Next $250 million 0.925 0.98 % Next $500 million 0.90 0.95 % Next $1.5 billion 0.875 0.93 % Next $2.5 billion 0.90 % Next $2.5 billion 0.88 % Next $2.5 billion 0.85 % Next $2.5 billion 0.825 % Next $2.5 billion 0.80 % Over $10 billion 0.775 0.83 % * To the extent Invesco V.I. Balanced-Risk Aggressive Allocation Fund invests its assets in Invesco Cayman Commodity Fund IV VI Ltd., a direct wholly-owned subsidiary of Invesco V.I. Balanced-Risk Aggressive Allocation Fund, the Adviser shall not collect the portion of the advisory fee that the Adviser would otherwise be entitled to collect from Invesco V.I. Balanced-Risk Aggressive Allocation Fund, in an the amount equal to 100% of the advisory fee that the Adviser receives from Invesco Cayman Commodity Fund IV VI Ltd.