Directed Services LLC May 1, 2015 Voya Partners, Inc. 7337 East Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258-2034
(d)(18)
Directed Services LLC
0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
May 1, 2015
Voya Partners, Inc.
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Xxxxx 000
Xxxxxxxxxx, XX 00000-0000
Re: Expense Limitations
Ladies and Gentlemen:
By execution of this letter agreement (the “Agreement”) to the Expense Limitation Agreement dated November 18, 2014, as amended, intending to be legally bound hereby, Directed Services LLC (“DSL”), the Adviser to VY® Xxxxxxxxx Foreign Equity Portfolio (the “Portfolio”), agrees that DSL shall, from May 1, 2015 through May 1, 2016, 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 ratios of the Portfolio, shall be as follows:
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Maximum Operating Expense Limit |
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Classes |
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Name of Portfolio |
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Adviser Class |
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Initial Class |
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Service Class |
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Service 2 Class |
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VY® Xxxxxxxxx Foreign Equity Portfolio |
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1.42 |
% |
0.92 |
% |
1.17 |
% |
1.32 |
% |
DSL acknowledges that any fees waived or expenses reimbursed during the term of this Agreement shall not be eligible for recoupment at any time in the future.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of Voya Partners, Inc.
Sincerely,
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Vice President |
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Directed Services LLC |
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