0001104659-16-124003 Sample Contracts

MONEY MARKET FUND EXPENSE LIMITATION AGREEMENT VOYA SERIES FUND, INC.
Limitation Agreement • May 27th, 2016 • Voya SERIES FUND INC

This MONEY MARKET FUND EXPENSE LIMITATION AGREEMENT (this “Agreement”), effective January 1, 2016, is made by and among Voya Investments, LLC (the “Investment Manager”), Voya Investments Distributor, LLC (the “Distributor”), and Voya Series Fund, Inc. (the “Registrant”). If the Registrant is a series fund investment company, then the Registrant is entering into this Agreement on behalf of, and this Agreement shall apply to, each series of the Registrant set forth on Schedule A hereto (each a “Fund,” collectively the “Funds”), as such schedule may be amended from time to time to add or delete series. If the Registrant is not a series fund investment company, then this Agreement shall apply to the Registrant, and the use of the terms “Fund” or “Funds” herein shall refer to the Registrant.

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By execution of this letter agreement to the Expense Limitation Agreement (“ELA”) between Voya Investments, LLC (“VIL”) and Voya Series Fund, Inc. (“VSFI”), on behalf of Voya Mid Cap Value Advantage Fund (the “Fund”), intending to be legally bound...
Voya SERIES FUND INC • May 27th, 2016

This Waiver Letter shall have an initial term with respect to the Fund ending on October 1, 2013. Thereafter, this Waiver Letter shall automatically renew for one-year terms with respect to the Fund unless it is terminated by the Fund or by VIL upon written notice within 90 days of the end of the current term or upon termination of the Investment Management Agreement.

January 1, 2016 Voya Series Fund, Inc. 7337 East Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258-2034
Voya SERIES FUND INC • May 27th, 2016

By execution of this letter agreement to the Expense Limitation Agreement (“ELA”) between Voya Investments, LLC (“VIL”) and Voya Series Fund, Inc. (“VSFI”), on behalf of Voya Corporate Leaders 100 Fund (the “Fund”), intending to be legally bound hereby, VIL, the adviser to the Fund, agrees that, from January 1, 2016 through October 1, 2016, VIL shall 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 Class A, Class I, Class R6, and Class W shares of the Fund shall be as follows:

EXPENSE LIMITATION AGREEMENT VOYA SERIES FUND, INC.
Expense Limitation Agreement • May 27th, 2016 • Voya SERIES FUND INC

This EXPENSE LIMITATION AGREEMENT (the “Agreement”), effective January 1, 2016, by and between Voya Investments, LLC (the “Investment Manager”) and Voya Series Fund, Inc. (the “Registrant”). The Registrant is a series fund investment company, and is entering into this Agreement on behalf of, and this Agreement shall apply to, each series of the Registrant set forth on Schedule A hereto (each a “Fund,” collectively the “Funds”), as such schedule may be amended from time to time to add or delete series.

January 1, 2016 Voya Series Fund, Inc. 7337 East Doubletree Ranch Road Suite 100 Scottsdale, AZ 85258-2034
Voya SERIES FUND INC • May 27th, 2016

By execution of this letter agreement to the Expense Limitation Agreement (“ELA”) between Voya Investments, LLC (“VIL”) and Voya Series Fund, Inc. (“VSFI”), on behalf of Voya Small Company Fund (the “Fund”), intending to be legally bound hereby, VIL, the adviser to the Fund, agrees that, from January 1, 2016 through October 1, 2016, VIL shall 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 Fund shall be as follows:

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