OHIO NATIONAL FUND, INC. AMENDMENT TO OPERATING EXPENSE LIMITATION AGREEMENT ON Conservative Model Portfolio ON Moderately Conservative Model Portfolio ON Balanced Model Portfolio ON Moderate Growth Model Portfolio ON Growth Model Portfolio
OHIO NATIONAL FUND, INC.
AMENDMENT TO
OPERATING EXPENSE LIMITATION AGREEMENT
ON Conservative Model Portfolio
ON Moderately Conservative Model Portfolio
ON Balanced Model Portfolio
ON Moderate Growth Model Portfolio
ON Growth Model Portfolio
THIS AMENDMENT TO OPERATING EXPENSE LIMITATION AGREEMENT (the “Amendment”) is effective as of the 1st day of May, 2018, by and between Ohio National Fund. Inc., a Maryland corporation (the “Fund”), on behalf of each series of the Fund set forth on Appendix A attached hereto (each a “Portfolio” and collectively the “Portfolios”) and the investment adviser of the Portfolios, Ohio National Investments, Inc., an Ohio corporation (the “Adviser”).
WHEREAS, the Fund and Adviser entered into the Operating Expense Limitation Agreement (the “Agreement”) effective March 1, 2017; and
WHEREAS, the Fund and Adviser wish to amend the Agreement to revise Appendix A.
NOW THEREFORE, for good and valuable consideration, the Fund and Adviser hereby amend the Agreement as follows:
| 1. | Appendix A of the Agreement is hereby deleted in its entirety and replaced with the Appendix A attached hereto. |
| 2. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and attested by their duly authorized officers, all on the day and year first above written.
| OHIO NATIONAL FUND, INC. | OHIO NATIONAL INVESTMENTS, INC. | |||||||
| on behalf of the Portfolios listed on Schedule A hereto | ||||||||
| By: | /s/ Xxxxxxxx X. Xxxxxx |
By: | /s/ R. Xxxx Xxxxxxxx | |||||
| Name: | Xxxxxxxx X. Xxxxxx | Name: | R. Xxxx Xxxxxxxx | |||||
| Title: | Secretary | Title: | Treasurer | |||||
Appendix A
| Portfolio |
Operating Expense Limit | |||
| ON Conservative Portfolio |
0.87 | % | ||
| ON Moderately Conservative Model Portfolio |
0.92 | % | ||
| ON Balanced Model Portfolio |
0.99 | % | ||
| ON Moderate Growth Model Portfolio |
1.04 | % | ||
| ON Growth Model Portfolio |
1.08 | % | ||
