August 1, 2014 Voya Funds Trust Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:
(h)(1)(i)
August 1, 2014
0000 X. Xxxxxxxxxx Xxxxx Xx.
Suite 100
Scottsdale, AZ 85258
Ladies and Gentlemen:
By this letter dated August 1, 2014, we agree to waive the administrative fee payable to us under the Amended and Restated Administration Agreement, dated March 7, 2013 between Voya Funds Trust, formerly, ING Funds Trust, and Voya Funds Services, LLC, formerly ING Funds Services, LLC (the “Agreement”). Such waiver will be in an amount equal to the administrative fee allocated to, and otherwise payable by, the Class P shares of Voya Floating Rate Fund, formerly ING Floating Rate Fund, and Voya High Yield Bond Fund, formerly ING High Yield Bond Fund, each a series of Voya Funds Trust (together, the “Funds”), thereby reducing the post-waiver fee rate payable by the Class P shares to 0.00%.
By this letter, we agree to waive the administrative fee in this manner for the period from August 1, 2014 through August 1, 2015 (the “Waiver Period”). This letter replaces the previous letter for the Funds, dated March 7, 2013.
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 Funds 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:
(on behalf of the Funds)
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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