ADDENDUM TO SUB-ADVISORY AGREEMENT
BETWEEN TOUCHSTONE ADVISORS, INC.
AND FORT WASHINGTON INVESTMENT ADVISORS, INC.
This Agreement is entered into as of March 1, 2010 by and between
Touchstone Advisors, Inc. (the "Advisor") and Fort Washington Investment
Advisors, Inc. (the "Sub-Advisor").
WHEREAS, the Advisor and the Sub-Advisor entered into a Sub-Advisory
Agreement dated as of April 28, 2003 (the "Sub-Advisory Agreement") with respect
to the Touchstone Money Market Fund (the "Fund"), a series of the Touchstone
Variable Series Trust; and
WHEREAS, the Advisor and the Sub-Advisor wish to enter into this Addendum
to the Sub-Advisory Agreement in order to temporarily reduce the Sub-Advisor's
sub-advisory fee. ;
NOW, THEREFORE, it is agreed by and between the parties as follows:
1. The Sub-Advisor hereby agrees to reduce its sub-advisory fee by 30% (thirty
percent). This amount will be calculated monthly by the Advisor and deducted
from the Sub-Advisor's fee that would otherwise be payable pursuant to the
Sub-Advisory Agreement
2. This Addendum will expire on September 1, 2010. At any time prior to 10 (ten)
days before the expiration date, the Addendum may be extended, as mutually
agreed in writing by both the Advisor and Sub-Advisor, on a quarter to quarter
or month to month basis thereafter.
3. Notwithstanding anything contained herein, this Addendum can be terminated
upon 60 days written notice to the other party.
4. Except as provided in this Addendum, the Sub-Advisory Agreement shall
continue in full force and effect and be binding upon the parties
notwithstanding the execution and delivery of this Addendum.
5. This Addendum shall be binding upon the parties and, to the extent permitted
by law and the Sub-Advisory Agreement, their respective successors and assigns.
IN WITNESS WHEREOF, each of the parties hereto has caused this Addendum to be
duly executed and delivered in its name and on its behalf by their respective
officers thereunto duly authorized, all as of the day and year first above
written.
TOUCHSTONE ADVISORS, INC. FORT WASHINGTON INVESTMENT ADVISORS, INC.
By:
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Print Name:
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Print Title:
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Date:
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