0001571049-15-004999 Sample Contracts

SUB-ADVISORY AGREEMENT VOYA MUTUAL FUNDS
Sub-Advisory Agreement • June 12th, 2015 • Voya MUTUAL FUNDS • Arizona

AGREEMENT, effective as of November 18, 2014, between Voya Investments, LLC, an Arizona limited liability company (the “Manager”), and Delaware Investments Fund Advisers (the “Sub-Adviser”), a series of Delaware Management Business Trust, a Delaware statutory trust.

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SUB-ADVISORY AGREEMENT VOYA MUTUAL FUNDS
Sub-Advisory Agreement • June 12th, 2015 • Voya MUTUAL FUNDS • Maryland

This AGREEMENT, effective as of November 18, 2014, among Voya Mutual Funds, a Delaware statutory trust (the “Fund”), Voya Investments, LLC (the “Manager”), an Arizona limited liability company, and T. Rowe Price Associates, Inc. (the “Sub-Adviser”), a Maryland corporation.

March 1, 2015
Voya MUTUAL FUNDS • June 12th, 2015
EXPENSE LIMITATION AGREEMENT VOYA MUTUAL FUNDS
Expense Limitation Agreement • June 12th, 2015 • Voya MUTUAL FUNDS

This EXPENSE LIMITATION AGREEMENT (this “Agreement”), effective November 18, 2014, by and between Voya Investments, LLC (the “Investment Manager”), Voya Mutual Funds (the “Registrant”) and CBRE Clarion Securities LLC (the “Sub-Adviser”). 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.

SUB-ADVISORY AGREEMENT VOYA MUTUAL FUNDS
Sub-Advisory Agreement • June 12th, 2015 • Voya MUTUAL FUNDS • Pennsylvania

AGREEMENT, effective as of November 18, 2014, between Voya Investments, LLC, an Arizona limited liability company (the “Manager”), Voya Mutual Funds, a Delaware statutory trust (the “Fund”) and J.P. Morgan Investment Management Inc. (“Sub-Adviser”), a corporation organized under the laws of the State of Delaware.

February 9, 2015
Voya MUTUAL FUNDS • June 12th, 2015

Pursuant to the terms and conditions of the Securities Lending Agreement and Guaranty, dated August 7, 2003, and the Subscription Agreement for Registered Investment Companies, dated August 8, 2003, (together, the “Agreements”), we hereby notify you of the addition of VY® Goldman Sachs Bond Portfolio, Voya Retirement Solution 2060 Fund, Voya Index Solution 2060 Portfolio, and Voya Solution 2060 Portfolio (collectively, the “Funds”), each a newly established series of Voya Variable Insurance Trust, Voya Separate Portfolios Trust, Voya Partners Inc., and Voya Partners Inc., respectively, to be included on the Amended Exhibit A to the Agreements. This Amended Exhibit A supersedes the previous Amended Exhibit A dated August 6, 2014.

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