Exhibit (d)(2)(i)
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Exhibit (d)(2)(i)
May 1, 2021
Xxxx Xxxxx
Senior Vice President
Voya Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xx.
Suite 100
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Voya Investments, LLC ("Voya Investments") and Voya Investment Management Co. LLC ("Voya IM") are parties to a Sub-Advisory Agreement dated November 18, 2014 (the "Agreement"), and pursuant to the Agreement, Voya Investments has agreed to pay Voya IM an annual sub-advisory fee of 0.2475% as a percentage of average daily net assets of
Voya Emerging Markets Index Portfolio, a series of Voya Variable Portfolios, Inc. (the "Portfolio"). By this letter dated May 1, 2021, Voya IM voluntarily waives a portion of the annual sub-advisory fee that it is entitled to receive as follows:
Voya IM will waive a portion of the sub-advisory fee payable by Voya Investments from May 1, 2021 through May 1, 2022 for the Portfolio, as indicated in the schedule set out below.
|
Annual Sub-Advisory Fee | ||
Series |
Gross |
Waiver |
Net |
Voya Emerging Markets Index Portfolio |
0.2475% |
0.0675% |
0.1800% |
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of Voya Variable Portfolios, Inc.
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May 1, 2021
Page 2
Please acknowledge your acceptance of this fee waiver by executing below in the place indicated.
Very sincerely,
By: /s/ Xxxxxxxxxxx Xxxxx_________
Xxxxxxxxxxx Xxxxx
Vice President, Finance
Voya Investment Management Co. LLC
ACCEPTED AND AGREED TO:
Voya Investments, LLC
By: /s/ Xxxx Xxxxx______________
Xxxx Xxxxx
Senior Vice President