Contract
(d)(7)(i)
February 14, 2023
X.X. Xxxxxx Investment Management Inc.
000 Xxxx Xxxxxx
23rd Floor
New York, NY 10017
Attention: Xxxxxx Xxxxxxx, Associate
Re: Modification of annual sub-advisory fee rate for VY® JPMorgan Mid Cap Value Portfolio
Dear Xx. Xxxxxxx:
This executed letter agreement serves to amend the Sub-Advisory Agreement between Voya Investments Inc. and X.X. Xxxxxx Investment Management Inc. dated May 1, 2017, as amended from time to time (the "Sub-Advisory Agreement"). By acceptance of this letter agreement, it is understood that the letter agreement is only intended to amend Schedule A of the Sub-Advisory Agreement by modifying the annual sub-advisory fee rate for VY® JPMorgan Mid Cap Value Portfolio (the "Portfolio"), effective on December 1, 2022. Except as explicitly modified by the Amended Schedule A, all other terms and conditions of the Sub-Advisory Agreement, as amended, remain unchanged and in full force and effect.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending Schedule A of the Agreement. The Amended Schedule A, which indicates the annual sub-adviser fee rate for the Portfolio, is attached hereto.
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February 14, 2023
Page 2
Please signify your acceptance to the modified sub-advisory fee rate for the Portfolio by signing below where indicated.
Very sincerely,
By: /s/ Xxxx Xxxxx_________________
Name: Xxxx Xxxxx
Title: Senior Vice President
Voya Investments, LLC
ACCEPTED AND AGREED TO:
X.X. Xxxxxx Investment Management Inc.
By: /s/ Xxxx Xxxxxx
Name: Xxxx Xxxxxx
Title: Executive Director
AMENDED SCHEDULE A
Fee Schedule
For the services provided by X.X. Xxxxxx Investment Management Inc. ("Sub-Adviser") to the following series of Voya Partners, Inc., pursuant to the attached Sub-Advisory Agreement, the Adviser will pay the Sub-Adviser a fee, computed daily and payable monthly, based on the average daily net assets of the series at the following annual rates of the average daily net assets of the series:
SERIES |
RATE |
VY® XX Xxxxxx Mid Cap Value Portfolio |
0.50% on the first $50 million in assets; |
|
0.45% on the next $50 million in assets; and |
|
0.40% on all assets over $100 million |
If the Adviser or any of its affiliates appoints the Sub-Adviser or any of its affiliates to manage another portfolio(s) following the Sub-Adviser's "Mid Cap Value" investment strategy ("New Portfolio"), the assets of the New Portfolio will be aggregated with the assets of the Portfolio in calculating the Sub-Adviser's fee at the above stated rate.
Effective Date: December 1, 2022, to reflect the modification of breakpoints.