OHIO NATIONAL FUND, INC. AMENDMENT TO OPERATING EXPENSE LIMITATION AGREEMENT ON Conservative Model Portfolio ON Moderately Conservative Model Portfolio ON Balanced Model Portfolio ON Moderate Growth Model Portfolio ON Growth Model Portfolio
Exhibit (99)(6)(l)
OHIO NATIONAL FUND, INC.
AMENDMENT TO
OPERATING EXPENSE LIMITATION AGREEMENT
ON Conservative Model Portfolio
ON Moderately Conservative Model Portfolio
ON Balanced Model Portfolio
ON Moderate Growth Model Portfolio
ON Growth Model Portfolio
THIS AMENDMENT TO OPERATING EXPENSE LIMITATION AGREEMENT (the “Amendment”) is effective as of the 18th day of September, 2020, by and between Ohio National Fund, Inc., a Maryland corporation (the “Fund”), on behalf of each series of the Fund set forth on Appendix A of the Agreement (each a “Portfolio” and collectively the “Portfolios”) and the investment adviser of the Portfolios, Ohio National Investments, Inc., an Ohio corporation (the “Adviser”).
WHEREAS, the Fund and Adviser entered into the Operating Expense Limitation Agreement (the “Agreement”) effective March 1, 2017; and
WHEREAS, the Fund and Adviser wish to amend the Agreement to extend the Agreement for the ON Moderately Conservative Model Portfolio until April 30, 2022.
NOW THEREFORE, for good and valuable consideration, the Fund and Adviser hereby amend the Agreement as follows:
| 1. | The following sentence is added at the end of Section 4, Term of the Agreement: |
Notwithstanding the foregoing, the Agreement shall remain in effect for the ON Moderately Conservative Model Portfolio until at least April 30, 2022.
| 2. | All other terms and provisions of the Agreement not amended herein shall remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and attested by their duly authorized officers, all on the day and year first above written.
| OHIO NATIONAL FUND, INC. | OHIO NATIONAL INVESTMENTS, INC. |
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on behalf of the Portfolios listed on Appendix A |
| By: | /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | By: | /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇ | ||
| Name: ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ | Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇ | ||||
| Title: President | Title: President | ||||