0001104659-18-047732 Sample Contracts

January 1, 2018 Mr. Todd Modic Senior Vice President Voya Investments, LLC Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:
Investment Management Agreement • July 27th, 2018 • Voya SERIES FUND INC

Pursuant to the Investment Management Agreement, dated November 30, 2014, as amended and restated on May 1, 2015, as amended, between Voya Series Fund, Inc. and Voya Investments, LLC (the “Agreement”), we hereby notify you of our intention to eliminate the breakpoints to the annual management fee for Voya Government Money Market Fund (the “Fund”) and replace them with a flat fee on all assets, effective as of January 1, 2018, upon all of the terms and conditions set forth in the Agreement.

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THIRD AMENDMENT TO SUB-ADVISORY AGREEMENT VOYA SERIES FUND, INC.
Sub-Advisory Agreement • July 27th, 2018 • Voya SERIES FUND INC

This Third Amendment, dated January 1, 2018, amends the Sub-Advisory Agreement (the “Agreement”), dated November 18, 2014, as amended, between Voya Investments, LLC, an Arizona limited liability company (the “Manager”), and Voya Investment Management Co. LLC, a Delaware limited liability company (the “Sub-Adviser”).

August 1, 2018 Voya Series Fund, Inc. Suite 100 Scottsdale, Arizona 85258
Your Agreement • July 27th, 2018 • Voya SERIES FUND INC

Re: Money Market Fund Expense Limitation Agreement for Voya Government Money Market Fund (formerly, Voya Money Market Fund)

January 1, 2018 Voya Series Fund, Inc. Suite 100 Scottsdale, AZ 85258-2034
Voya SERIES FUND INC • July 27th, 2018

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 Research Enhanced Index Fund (formerly, Voya Mid Cap Value Advantage Fund, the “Fund”), intending to be legally bound hereby, VIL, the investment manager to the Fund agrees that, from January 1, 2018 through October 1, 2019, 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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