Nationwide Financial Services, Inc. One Nationwide Plaza Columbus, Ohio 43215
EX-28.h.25
Nationwide Financial Services, Inc.
One Nationwide Plaza
Columbus, Ohio 43215
May 1, 2020
Nationwide Variable Insurance Trust
One Nationwide Plaza
Columbus, Ohio 43215
| Re: |
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 Government 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 Nationwide Government 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 April 30, 2021. 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: | VP, IMG Strategic Partnerships |
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: May 1, 2020
