0001193125-15-324329 Sample Contracts

AMENDED AND RESTATED INVESTMENT MANAGEMENT AGREEMENT VOYA VARIABLE PORTFOLIOS, INC.
Investment Management Agreement • September 21st, 2015 • Voya VARIABLE PORTFOLIOS INC • New York
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August 14, 2015 Voya Variable Portfolios, Inc. Suite 100 Scottsdale, AZ 85258-2034
Voya VARIABLE PORTFOLIOS INC • September 21st, 2015

By our execution of this letter agreement, intending to be legally bound hereby, Voya Investments, LLC (“Voya Investments”), the adviser to Voya Global Value Advantage Portfolio (the “Portfolio”), agrees that Voya Investments shall, from the close of business on August 14, 2015 through May 1, 2017, subject to shareholder approval of the reorganization of VY® DFA World Equity Portfolio with and into the Portfolio, 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 Portfolio shall be as follows:

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