Directed Services LLC May 1, 2015 Voya Investors Trust Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:
(d)(1)(G)(iv)
Directed Services LLC
0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
May 1, 2015
0000 X. Xxxxxxxxxx Xxxxx Xx.
Suite 100
Scottsdale, AZ 85258
Ladies and Gentlemen:
Pursuant to the Sub-Advisory Agreement dated November 2, 2010 between Directed Services LLC and ING Investment Management Co. LLC (now known as Voya Investment Management Co. LLC, “VIM”), as amended, the sub-advisory fee for ING Large Cap Value Portfolio (formerly ING Pioneer Equity Income Portfolio, now known as Voya Large Cap Value Portfolio, the “Portfolio”) was reduced on January 21, 2011. On November 18, 2014, VIM executed a new Sub-Advisory Agreement.
By our execution of this letter agreement, we hereby notify you of our intention to lower the annual investment management fee for the Portfolio with a corresponding reduction (the “Reduction”) for the period from May 1, 2015 through May 1, 2017. The Reduction shall be calculated as follows:
The Reduction is calculated as follows:
Reduction = 50% x (the savings to Directed Services LLC from the January 21, 2011 expense reduction)
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of Voya Investors Trust (formerly ING Investors Trust).
Please indicate your agreement to this Reduction by executing below in the place indicated.
|
|
|
Very sincerely, | ||
|
|
|
| ||
|
|
By: |
/s/ Xxxx Xxxxx | ||
|
|
|
Xxxx Xxxxx | ||
|
|
|
Vice President | ||
|
|
|
Directed Services LLC | ||
|
|
| |||
|
Agreed and Accepted: |
| |||
|
| ||||
|
(on behalf of the Portfolio) |
| |||
|
|
| |||
|
By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
|
| |
|
|
Xxxxxxxx X. Xxxxxxxx |
|
| |
|
|
Senior Vice President |
|
| |
