August 1, 2014 Voya Separate Portfolios Trust Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:
(h)(1)(iii)
August 1, 2014
Voya Separate Portfolios Trust
0000 X. Xxxxxxxxxx Xxxxx Xx.
Suite 100
Scottsdale, AZ 85258
Ladies and Gentlemen:
By this letter dated August 1, 2014, we have agreed to waive the administrative fee payable to us under the Administration Agreement, dated May 16, 2007, as amended and restated on November 30, 2008, and as further amended and restated on March 7, 2013, as amended, between Voya Separate Portfolios Trust, formerly ING Separate Portfolios Trust, and Voya Funds Services, LLC, formerly ING Funds Services, LLC (the “Agreement”), with respect to Voya Emerging Markets Corporate Debt Fund, formerly ING Emerging Markets Corporate Debt Fund; Voya Emerging Markets Hard Currency Debt Fund, formerly ING Emerging Markets Hard Currency Debt Fund; and Voya Emerging Markets Local Currency Debt Fund, formerly ING Emerging Markets Local Currency Debt Fund, each a series of Voya Separate Portfolios Trust, in the amount of 0.10% per annum. By this letter, we agree to waive that fee for the period from August 1, 2014 through August 1, 2015 (the “Waiver Period”).
Voya Funds Services, LLC acknowledges that any fees waived during the Waiver Period pursuant to this letter shall not be eligible for recoupment at any time in the future.
Please indicate your agreement to this reduction in fee by executing below in the place indicated.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of Voya Separate Portfolios Trust.
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Very sincerely, |
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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Voya Funds Services, LLC |
Agreed and Accepted:
Voya Separate Portfolios Trust
(on behalf of the Funds)
By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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