Nationwide Financial Services, Inc. One Nationwide Plaza Columbus, Ohio 43215

Exhibit EX-28.h.27

Nationwide Financial Services, Inc.

Xxx Xxxxxxxxxx Xxxxx

Xxxxxxxx, Xxxx 00000

April 1, 2016

Nationwide Variable Insurance Trust

0000 Xxxxxxxxxxx Xxxxx, Xxxxx 000

Xxxx xx Xxxxxxx, Xxxxxxxxxxxx 00000

Re: Administrative Services Fee Waiver

Ladies and Gentlemen:

By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Nationwide Financial Services, Inc. (“NFS”) agrees that, with respect to the NVIT Money Market Fund, a series of Nationwide Variable Insurance Trust, NFS shall waive all or a portion of the Administrative Services Fee in an amount that may vary in order to ensure that each class of the NVIT Money Market Fund maintains each day a stable net asset value per share of $1.00, for the period from the date of this Agreement through March 31, 2017. NFS acknowledges that NFS shall not be entitled to collect on, or make a claim for, waived fees at any time in the future.

Nationwide Financial Services, Inc.
By:		/s/ Xxxxxx X. Xxxxxx
Name:		Xxxxxx X. Xxxxxx
Title:		AVP, External Funds Management

Your signature below acknowledges
acceptance of this Agreement:
Nationwide Variable Insurance Trust
By:		/s/ Xxxxx X. Xxxxx
Name:		Xxxxx X. Xxxxx
Title:		Assistant Secretary
Date:		April 1, 2016