Exhibit (d)(2)(i)
Exhibit (d)(2)(i)
May 1, 2022
Xxxx Xxxxx
Senior Vice President
Voya Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xx.
Suite 100
Scottsdale, AZ 85258
Re: Sub-Advisory Fee Waiver
Dear Xx. Xxxxx:
Voya Investments, LLC ("Voya Investments") and Voya Investment Management Co. LLC ("Voya IM") are parties to a Sub-Advisory Agreement dated November 18, 2014 (the "Agreement"), and pursuant to the Agreement, Voya Investments has agreed to pay Voya IM an annual sub-advisory fee of 0.2475% as a percentage of average daily net assets of Voya Emerging Markets Index Portfolio (the "Portfolio"), a series of Voya Variable Portfolios, Inc. ("VVPI"). By this letter dated May 1, 2022, Voya IM voluntarily waives a portion of the annual sub-advisory fee that it is entitled to receive as follows:
Voya IM will waive a portion of the sub-advisory fee payable by Voya Investments from May 1, 2022 through May 1, 2023 for the Portfolio, as indicated in the schedule set out below.
|
Annual Sub-Advisory Fee | ||
Series |
Gross |
Waiver |
Net |
Voya Emerging Markets Index Portfolio |
0.2475% |
0.0675% |
0.1800% |
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of VVPI.
REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK
May 1, 2022
Page 2
Please acknowledge your acceptance of this fee waiver by executing below in the place indicated.
Very sincerely,
By: /s/ Xxxxxxxxxxx Xxxxx_________
Name: Xxxxxxxxxxx Xxxxx
Title: Vice President, Finance
Voya Investment Management Co. LLC
ACCEPTED AND AGREED TO:
Voya Investments, LLC
By: /s/ Xxxx Xxxxx______________
Name: Xxxx Xxxxx
Title: Senior Vice President, Xxxx Authorized