AMENDMENT TO PORTFOLIO MANAGEMENT AGREEMENT among VOYA INVESTORS TRUST, DIRECTED SERVICES LLC and TEMPLETON GLOBAL ADVISORS LIMITED
(d)(2)(Q)(i)
AMENDMENT TO PORTFOLIO MANAGEMENT AGREEMENT
among
DIRECTED SERVICES LLC
and
XXXXXXXXX GLOBAL ADVISORS LIMITED
This Amendment, effective as of January 1, 2016, amends the Portfolio Management Agreement (the “Agreement”) dated November 18, 2014, among Voya Investors Trust (the “Trust”), a Massachusetts business trust, Directed Services LLC (the “Manager”), a Delaware limited liability company, and Xxxxxxxxx Global Advisors Limited (the “Portfolio Manager”), a Bahamian corporation.
W I T N E S S E T H
WHEREAS, the parties desire to amend the Agreement and agree that the amendment will be effective as of January 1, 2016.
NOW, THEREFORE, the parties agree as follows:
1. The Schedule A of the Agreement is hereby deleted and replaced with the Amended Schedule A attached hereto.
2. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Agreement.
3. In all other respects, the Agreement is hereby confirmed and remains in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed by their duly authorized signatories as of the date and year first above written.
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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DIRECTED SERVICES LLC | |
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Vice President |
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XXXXXXXXX GLOBAL ADVISORS LIMITED | |
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By: |
/s/ Xxxxxx X. Xxxxxxx |
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Name: |
Xxxxxx X. Xxxxxxx, CFA |
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Title: |
CIO — Templeton Global Equity Group |
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President — Xxxxxxxxx Global Advisors Limited |
AMENDED SCHEDULE A
COMPENSATION FOR SERVICES TO SERIES
For the services provided by Xxxxxxxxx Global Advisors Limited (“Portfolio Manager”) to the following Series of Voya Investors Trust, pursuant to the attached Portfolio Management Agreement, the Manager will pay the Portfolio Manager a fee, computed daily and payable monthly, based on the average daily net assets of the Series at the following annual rates of the average daily net assets of the Series:
SERIES |
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RATE |
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VY® Xxxxxxxxx Global Growth Portfolio(1) |
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0.500% on first $100 million; |
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0.400% on next $150 million; |
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0.350% on next $250 million; |
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0.300% on next $450 million; and |
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0.250% thereafter |
If this Agreement becomes effective or terminates before the end of any month, the fee for the period from the effective date to the end of the month or from the beginning of such month to the date of termination, as the case may be, shall be prorated according to the proportion that such period bears to the full month in which such effectiveness or termination occurs.
(1) For purposes of calculating fees under this Agreement, the assets of the Series shall be aggregated with the assets of the VY® Xxxxxxxxx Foreign Equity Portfolio, a series of Voya Partners, Inc., and VY® Franklin Income Portfolio, a series of Voya Investors Trust, which are not parties to this Agreement. The aggregated assets will be applied to the above schedule and the resulting fee shall be prorated back to each Series and its respective Adviser/Manager based on relative net assets.