October 31, 2008 Todd Modic Senior Vice President ING Funds Services, LLC
Exhibit 99.B(h)(1)(i)
October 31, 2008
Xxxx Xxxxx
Senior Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Administration Agreement dated April 1, 2002, between ING Variable Portfolios, Inc. and ING Funds Services, LLC (the “Agreement”), we hereby notify you of our intention to retain you as Administrator to render administrative and other services to ING U.S. Government Money Market Portfolio, a newly established series of ING Variable Portfolio, Inc. (the “Portfolio”), effective October 31, 2008, upon all of the terms and conditions set forth in the Agreement. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by adding the Portfolio to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual administration fees indicated for the series, is attached hereto.
Please signify your acceptance to act as Administrator under the Agreement with respect to the Portfolio.
|
|
Very sincerely, |
|
|
|
|
|
|
|
|
|
|
|
/s/ Xxxxxxxx X. Xxxxxxxx |
|
|
|
Xxxxxxxx X. Xxxxxxxx |
|
|
|
Senior Vice President |
|
|
|
ING Variable Portfolios, Inc. |
|
|
|
|
|
|
|
|
|
|
ACCEPTED AND AGREED TO: |
|
|
|
ING Funds Services, LLC |
|
|
|
|
|
|
|
|
|
|
|
By: |
/s/ Xxxx Xxxxx |
|
|
|
Xxxx Xxxxx |
|
|
|
Senior Vice President |
|
|
0000 X. Xxxxxxxxxx Xxxxx
Xx. |
|
Tel: 000-000-0000 |
|
ING Variable Portfolios, Inc. |
AMENDED SCHEDULE A
with respect to the
ADMINISTRATION AGREEMENT
between
ING VARIABLE PORTFOLIOS, INC.
And
ING FUNDS SERVICES, LLC
|
Series |
|
Administrative Services Fee |
|
|
|
(as a percentage of managed assets) |
|
ING BlackRock Global Science and Technology Portfolio |
|
.055% on the 1st
$5 billion |
|
|
|
|
|
ING Global Equity Option Portfolio |
|
0.10% |
|
|
|
|
|
ING International Index Portfolio |
|
0.10% |
|
|
|
|
|
ING Xxxxxx Brothers U.S. Aggregate Bond Index® Portfolio |
|
0.10% |
|
|
|
|
|
ING Morningstar U.S. Growth Index Portfolio |
|
0.10% |
|
|
|
|
|
ING Opportunistic LargeCap Growth Portfolio |
|
.055% on the 1st
$5 billion |
|
|
|
|
|
ING Opportunistic LargeCap Value Portfolio |
|
.055% on the 1st
$5 billion |
|
|
|
|
|
ING Xxxxxxx™ Global Large Cap Index 85% Portfolio |
|
0.10% |
|
|
|
|
|
ING Xxxxxxx™ Large Cap Index Portfolio |
|
0.10% |
|
|
|
|
|
ING Xxxxxxx™ Mid Cap Index Portfolio |
|
0.10% |
|
|
|
|
|
ING Xxxxxxx™ Small Cap Index Portfolio |
|
0.10% |
|
|
|
|
|
ING U.S. Government Money Market Portfolio |
|
0.10% |
|
|
|
|
|
ING VP Index Plus LargeCap Portfolio |
|
.055% on the 1st
$5 billion |
2
|
ING VP Index Plus MidCap Portfolio |
|
.055% on the 1st
$5 billion |
|
|
|
|
|
ING VP Index Plus SmallCap Portfolio |
|
.055% on the 1st
$5 billion |
|
|
|
|
|
ING VP Small Company Portfolio |
|
.055% on the 1st
$5 billion |
|
|
|
|
|
ING WisdomTreeSM Global High-Yielding Equity Index Portfolio |
|
0.10% |
3
