Directed Services LLC January 1, 2016 Voya Investors Trust 7337 East Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258-2034

(d)(3)(B)(iii)

Directed Services LLC

0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000

January 1, 2016

Voya Investors Trust
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Xxxxx 000

Xxxxxxxxxx, XX  00000-0000

Re: Expense Limitations

Ladies and Gentlemen:

By execution of this letter agreement to the Expense Limitation Agreement (“ELA”) between Directed Services, LLC (“DSL”) and Voya Investors Trust (“VIT”), on behalf of Voya Large Cap Value Portfolio (the “Portfolio”), intending to be legally bound hereby, DSL,  the adviser to the Portfolio, agrees that, from January 1, 2016 through May 1, 2017, DSL shall waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratio with respect to the Class R6 shares of the Portfolio, shall be as follows:

		Maximum Operating Expense Limit (as a percentage of average net assets)
		Class
Name of Portfolio		R6
Voya Large Cap Value Portfolio		0.65	%

We are willing to be bound by this letter agreement to lower our fees for the period from January 1, 2016 through May 1, 2017.  The method of computation to determine the amount of the fee waiver and the definitions as set forth in the ELA shall apply.  DSL acknowledges that (1) it shall not be entitled to collect on or make a claim for waived fees at any time in the future, and (2) it shall not be entitled to collect on or make a claim for reimbursed expenses at any time in the future.  This letter agreement shall terminate upon termination of the ELA.

Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of VIT.

			Sincerely,
			By:	/s/ Xxxx Xxxxx
				Xxxx Xxxxx
				Vice President
				Directed Services LLC
Accepted:
By:	/s/ Xxxxxxxx X. Xxxxxxxx
	Xxxxxxxx X. Xxxxxxxx
	Senior Vice President
	Voya Investors Trust

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