0001193125-18-239578 Sample Contracts

EXPENSE REIMBURSEMENT AGREEMENT
Expense Reimbursement Agreement • August 6th, 2018 • Ivy Variable Insurance Portfolios

EXPENSE REIMBURSEMENT AGREEMENT, by and between Ivy Distributors, Inc. (“IDI”) and Waddell & Reed Services Company, doing business as WI Services Company (“WISC” and together with IDI, “Waddell”), and Ivy Variable Insurance Portfolios (the “Trust”), on behalf of its series designated in Ivy VIP Small Cap Growth (the “Portfolio”).

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AMENDED AND RESTATED SCHEDULE A TO THE AGREEMENT AND DECLARATION OF TRUST
Agreement and Declaration of Trust • August 6th, 2018 • Ivy Variable Insurance Portfolios

This Amended and Restated Schedule A, as amended August 6, 2018 (“Schedule A”), to the Ivy Variable Insurance Portfolios Amended and Restated Agreement and Declaration of Trust dated August 16, 2017 (the “Agreement”), is effective as of August 6, 2018, and supersedes any prior Schedule A to the Agreement.

AMENDED AND RESTATED SCHEDULE A TO THE UNDERWRITING AGREEMENT
Underwriting Agreement • August 6th, 2018 • Ivy Variable Insurance Portfolios

This Amended and Restated Schedule A, as amended August 6, 2018 (“Schedule A”), to the Ivy Variable Insurance Portfolios Underwriting Agreement dated October 1, 2016 (the “Agreement”), is effective as of August 6, 2018, and supersedes any prior Schedule A to the Agreement.

AMENDED & RESTATED SCHEDULE I TO THE CUSTODY AGREEMENT
Custody Agreement • August 6th, 2018 • Ivy Variable Insurance Portfolios

This Amended and Restated Schedule I, as amended August 6, 2018 (“Schedule I”), to the Ivy Variable Insurance Portfolios Custody Agreement dated March 9, 2012 (the “Agreement”), is effective as of August 6, 2018, and supersedes any prior Schedule I to the Agreement.

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