Nationwide Fund Distributors LLC
Exhibit EX-28.h.23
Nationwide Fund Distributors LLC
0000 Xxxxxxxxxxx Xxxxx, Xxxxx 000
Xxxx xx Xxxxxxx, XX 00000
May 1, 2016
Nationwide Variable Insurance Trust
0000 Xxxxxxxxxxx Xxxxx, Xxxxx 000
Xxxx xx Xxxxxxx, Xxxxxxxxxxxx 00000
| Re: | 12b-1 Fee Waiver |
Ladies and Gentlemen:
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Nationwide Fund Distributors LLC (the “Distributor”) agrees that, with respect to each of the BlackRock NVIT Managed Global Allocation Fund (collectively, the “Funds”), which are series of Nationwide Variable Insurance Trust, the Distributor shall waive a portion of the Rule 12b-1 fees for the Class II Shares of the Funds in an amount equal to 0.25%, for the period from the date of this Agreement through April 30, 2017. The Distributor acknowledges that it shall not be entitled to collect on, or make a claim for, waived fees at any time in the future.
| Nationwide Fund Distributors LLC | ||
| By: | /s/ Xxx X. Xxxxxxxx | |
| Name: | Xxx X. Xxxxxxxx | |
| Title: | Senior Vice President | |
| 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, 2016 | ||
