EX-1 4 exhibit26c16.htm EXHIBIT 26(C)(16) exhibit26c16.htm - Generated by SEC Publisher for SEC Filing

Exhibit 26(c)(16): Amendment No. 2 to the Intercompany Agreement between ING Investment Management LLC and Security Life of Denver Insurance Company.

AMENDMENT NO. 2 TO THE INTERCOMPANY AGREEMENT

     This Amendment No. 2, effective as of September 30, 2014, amends the Intercompany Agreement, dated as of December 22, 2010, as amended (the “Agreement”), by and between ING Investment Management LLC (“IIM”) (now known as “Voya Investment Management LLC” or “VIM”) and Security Life of Denver Insurance Company (“SLD”).

W I T N E S S E T H

     WHEREAS, VIM conducts an asset management business through various companies that provides investment advice to and perform administrative services for certain U.S. registered investment companies (“Funds”), including Voya Investments, LLC, an investment adviser for certain Funds; and

     WHEREAS, SLD is an insurance company which offers a variety of insurance products, including variable annuities; Funds advised by VIL are made available through sub-accounts to purchasers of these insurance products; and

     WHEREAS, VIM pays, and/or causes its subsidiaries to pay, to SLD the amounts derived from applying the annual rates listed in Schedule A against the average net assets invested in the Funds by SLD and by SLD non-insurance customers during the prior calendar month; and

     WHEREAS, Schedule A is reviewed at least once each calendar quarter and may be modified at any time by mutual written consent; and

     WHEREAS, the parties desire to clarify the Agreement to (1) reflect the name change of VIM, the Funds and each of their series of portfolios, and; (2) replace Schedule A; and

NOW, THEREFORE, the parties agree as follows:

1.      All references to “ING Investment Management LLC” and “IIM” in the Agreement are hereby deleted and replaced with “Voya Investment Management LLC” and “VIM”, respectively.
2.      Schedule A to the Agreement is deleted in its entirety and is replaced with the attached Amended Schedule A.
3.      Capitalized terms used in this Amendment and not otherwise defined shall have the meanings ascribed to them in the Agreement.

4.      This Amendment may be executed in several counterparts, each of which shall be an original, but all of which together will constitute one and the same instrument.
5.      In all other respects, the Agreement is hereby confirmed and remains in full force and effect.

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 2 to be executed as of the day and year first above written.

VOYA INVESTMENT MANAGEMENT  SECURITY LIFE OF DENVER 
LLC    INSURANCE COMPANY 
 
By:  /s/ Daniel F. Wilcox  By:  /s/ Lisa Gilarde 
Name: Daniel F. Wilcox  Name: Lisa Gilarde 
Title:  MD and CFO  Title:  Vice President 

 


Amended Schedule A

This Schedule is effective as of September 30, 2014.

As described in Section 1 SLD shall be paid at the rates set forth immediately below. In the case of funds of funds, except as otherwise indicated below, payments will not apply to the shares of the fund of funds held directly but will instead apply to shares of underlying funds held indirectly through the fund of funds at the rates specified for those underlying funds calculated in the same manner as if the underlying funds were held directly.

Payments listed in Schedule A shall not be made for assets contained in the following retirement plans:

  • ING USA Insurance and Annuity Company "Equifund" Retirement Plan
  • Voya 401(k) Savings Plan
  • Voya 401(k) Plan for VRIAC Agents
  • ING Investment Management LLC 401(k) Profit Sharing Plan
Fund Type  Fund  Rate 
VIM Equity/Balanced  Voya Australia Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Balanced Portfolio  X.XXX% 
Fund of Funds  Voya Capital Allocation Fund  X.XXX% 
3rd Party SA  VY Clarion Global Real Estate Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Core Equity Research Fund  X.XXX% 
VIM Equity/Balanced  Voya Corporate Leaders 100 Fund  X.XXX% 
VIM Equity/Balanced  Voya Corporate Leaders Trust Fund Series B  X.XXX% 
VIM Fixed  Voya Diversified Emerging Markets Debt Fund  X.XXX% 
Fund of Funds  Voya Diversified International Fund  X.XXX% 
Pooled Inv Vehicle  Voya Emerging Markets Corporate Debt Fund  X.XXX% 
Pooled Inv Vehicle  Voya Emerging Markets Hard Currency Debt Fund  X.XXX% 
3rd Party SA  Voya Emerging Markets Equity Dividend Fund  X.XXX% 
VIM Equity/Balanced  Voya Emerging Markets Index Portfolio  X.XXX% 
Pooled Inv Vehicle  Voya Emerging Markets Local Currency Debt Fund  X.XXX% 
VIM Equity/Balanced  Voya Euro STOXX 50 Index Portfolio  X.XXX% 
VIM Fixed  Voya Floating Rate Fund  X.XXX% 
VIM Equity/Balanced  Voya FTSE 100 Index Portfolio  X.XXX% 
VIM Fixed  Voya Global Bond Fund  X.XXX% 
VIM Fixed  Voya Global Bond Portfolio  X.XXX% 
3rd Party SA  Voya Global Equity Dividend Fund  X.XXX% 
VIM Equity/Balanced  Voya Global Natural Resources Fund  X.XXX% 
3rd Party SA  Voya Global Opportunities Fund  X.XXX% 
Fund of Funds  Voya Global Perspectives Fund  X.XXX% 
Fund of Funds  Voya Global Perspectives Portfolio  X.XXX% 
3rd Party SA  Voya Global Real Estate Fund  X.XXX% 
VIM Equity/Balanced  Voya Global Resources Portfolio  X.XXX% 
Fund of Funds  Voya Global Target Payment Fund  X.XXX% 
VIM Equity/Balanced  Voya Global Value Advantage Portfolio  X.XXX% 
VIM Fixed  Voya GNMA Income Fund  X.XXX% 
VIM Equity/Balanced  Voya Growth and Income Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Growth Opportunities Fund  X.XXX% 
VIM Equity/Balanced  Voya Hang Seng Index Portfolio  X.XXX% 
VIM Fixed  Voya High Yield Bond Fund  X.XXX% 
VIM Fixed  Voya High Yield Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Index Plus LargeCap Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Index Plus MidCap Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Index Plus SmallCap Portfolio  X.XXX% 
Fund of Funds  Voya Index Solution Portfolios  X.XXX% 
VIM Fixed  Voya Intermediate Bond Fund  X.XXX% 
VIM Fixed  Voya Intermediate Bond Portfolio  X.XXX% 
3rd Party SA  Voya International Core Fund  X.XXX% 
VIM Equity/Balanced  Voya International Index Portfolio  X.XXX% 
3rd Party SA  Voya International Real Estate Fund  X.XXX% 
VIM Equity/Balanced  Voya International Value Equity Fund  X.XXX% 

 


  Amended Schedule A (cont.)   
Fund Type  Fund  Rate 
VIM Equity/Balanced  Voya International Value Portfolio  X.XXX% 
VIM Fixed  Voya Investment Grade Credit Fund  X.XXX% 
VIM Equity/Balanced  Voya Japan TOPIX Index® Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Large Cap Growth Fund  X.XXX% 
VIM Equity/Balanced  Voya Large Cap Growth Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Large Cap Value Fund  X.XXX% 
VIM Fixed  Voya Limited Maturity Bond Portfolio  X.XXX% 
VIM Fixed  Voya Liquid Assets Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Mid Cap Value Advantage Fund  X.XXX% 
VIM Equity/Balanced  Voya MidCap Opportunities Fund  X.XXX% 
VIM Equity/Balanced  Voya MidCap Opportunities Portfolio  X.XXX% 
VIM Fixed  Voya Money Market Fund  X.XXX% 
VIM Fixed  Voya Money Market Portfolio  X.XXX% 
3rd Party SA  Voya Multi-Manager Emerging Markets Equity Fund  X.XXX% 
3rd Party SA  Voya Multi-Manager International Equity Fund  X.XXX% 
3rd Party SA  Voya Multi-Manager Mid Cap Value Fund  X.XXX% 
3rd Party SA  Voya Multi-Manager International Small Cap Fund  X.XXX% 
3rd Party SA  Voya Real Estate Fund  X.XXX% 
Fund of Funds  Voya Retirement Portfolios  X.XXX% 
Fund of Funds  Voya Retirement Solution Funds  X.XXX% 
VIM Equity/Balanced  Voya Russell™ Large Cap Growth Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Russell™ Large Cap Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Russell™ Large Cap Value Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Russell™ Mid Cap Growth Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Russell™ Mid Cap Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya Russell™ Small Cap Index Portfolio  X.XXX% 
3rd Party SA  Voya Russia Fund  X.XXX% 
Pooled Inv Vehicle  Voya Securitized Credit Fund  X.XXX% 
VIM Fixed  Voya Senior Income Fund  X.XXX% 
VIM Fixed  Voya Short Term Bond Fund  X.XXX% 
VIM Equity/Balanced  Voya Small Company Fund  X.XXX% 
VIM Equity/Balanced  Voya Small Company Portfolio  X.XXX% 
VIM Equity/Balanced  Voya SmallCap Opportunities Fund  X.XXX% 
VIM Equity/Balanced  Voya SmallCap Opportunities Portfolio  X.XXX% 
Fund of Funds  Voya Solution Portfolios  X.XXX% 
Fund of Funds  Voya Strategic Allocation Portfolios  X.XXX% 
VIM Fixed  Voya Strategic Income Fund  X.XXX% 
VIM Fixed  Voya U.S. Bond Index Portfolio  X.XXX% 
VIM Equity/Balanced  Voya U.S. Stock Index Portfolio  X.XXX% 

 

For the fund of funds listed above, VIM will pay the amount stated in this Schedule A. VIM will not pay any amounts on assets in the underlying funds in these fund of funds. In addition, amounts due to SLD from VIM for these fund of funds shall be reduced by amounts due to SLD from Directed Services LLC (DSL) and/or its subsidiaries under the Intercompany Agreement between DSL and SLD with respect to the underlying funds in these fund of funds.