FOURTH AMENDMENT TO SELLING AND SERVICES AGREEMENT
Exhibit 24(b)(8.13)
FOURTH AMENDMENT
TO SELLING AND SERVICES AGREEMENT
This Fourth Amendment to the Selling and Services Agreement as amended (the “Fourth Amendment”) is made and entered into as of the 8th day of August, 2007 by and between ING Financial Advisors, LLC (“IFA”), ING Life Insurance and Annuity Company (“ILIAC”) and AllianceBernstein Investments, Inc. (formerly known as AllianceBernstein Investor Services, Inc., “Distributor”).
WHEREAS, IFA, ILIAC and Distributor are parties to the Selling and Services Agreement dated as of July 26, 2000 (the “Agreement”) as amended on July 26, 2000, January 1, 2003 and September 23, 2003; and
WHEREAS, the parties desire to amend the Agreements in the manner hereinafter set forth;
NOW, THEREFORE, in consideration of the mutual promises made herein, the parties hereby agree to amend the Agreement as follows:
1. Add Attachment A which lists the funds available under the Agreement. The Fund Distributor may hereafter, from time to time, revise, modify or update the AllianceBernstein Funds included in Attachment A by giving written notice to IFA and ILIAC.
2. Paragraph 4 of the Agreement is hereby deleted and replaced with the following:
4. Servicing Fees.
The provision of shareholder and administrative services to the Plans shall be the responsibility of IFA, ILIAC, or the Nominee and shall not be the sole responsibility of the Distributor. The Nominee will be recognized as the sole shareholder of Fund shares purchased under this Agreement. It is further recognized that there will be substantial savings in administrative expense and recordkeeping expenses by virtue of having one shareholder rather than multiple shareholders. In consideration of the administrative savings resulting from such arrangement, Distributor agrees to pay to ILIAC or arrange for payment of the servicing fee in an amount based on an annual rate equal to the percentage, as indicated below, of the average net assets invested in the Funds through ILIAC’s arrangements with the Plans in each calendar quarter. If required by a Plan or by applicable law, ING Life shall have the right to allocate to a Plan or to Participant accounts in a Plan all or a portion of such servicing fees, or to use servicing fees it collects from Distributor to offset other fees payable by the Plan to ING Life.
Class of Shares Annual Servicing Fee Rate
A xx%
R xx%
K xx%
I xx%
Distributor will make payment to ILIAC within thirty (30) days after the end of each calendar quarter. Each payment will be accompanied by a statement showing the calculation of the fee payable to ILIAC for the quarter and such other supporting data as may be reasonably requested by ILIAC. Within forty-five (45) days after the end of the quarter, ILIAC will send a report to the Distributor indicating the aggregate number of participants in the plans during the quarter.
3. Paragraph 5 of the Agreement is hereby deleted and replaced with the following:
5. 12b-1 Fees
To compensate IFA for its distribution of Fund Shares, Distributor shall make quarterly payments to IFA based on the annual rate equal to the percentage, as indicated below, of the average net assets invested in the Funds through ILIAC’s arrangements with Plans in each calendar quarter. Distributor will make such payments to IFA within thirty (30) days after the end of each calendar quarter. Each payment will be accompanied by a statement showing the calculation of the fee payable to IFA for the quarter and such other supporting data as may be reasonably requested by IFA. If required by a Plan or by applicable law, ING Financial shall have the right to allocate to a Plan or to Participant accounts in a Plan all or a portion of such 12b-1 fees, or to use 12b-1 fees it collects from Distributor to offset other fees payable by the Plan to ING Financial.
Class of Shares Annual 12b-1 Fee Rate
A xx%
R xx%
K xx%
I None
All capitalized terms not defined in this Amendment shall have the meanings given to them in the Agreement. Except as expressly amended and supplemented hereby, the Agreement shall continue in full force and effect and unamended.
IN WITNESS WHEREOF: the undersigned have executed this Amendment to Selling and Services Agreement as of the date set forth above.
ING FINANCIAL ADVISERS, LLC ING LIFE INSURANCE AND ANNUITY COMPANY
By__/s/ Xxxxx A Kelsey______ By___/s/ Xxxxxxx X. Eldredge__
Name:__David A. Kelsey_______ Name:___Michael C. Eldredge____
Title:___V.P. B/O Operations____ Title:____Vice President_________
ALLIANCEBERNSTEIN INVESTOR SERVICES, INC.
By__/s/ Xxxxxx X. Notto_______
Name:__Daniel A. Notto________
Title:___Assistant Secretary Attachment A
AllianceBernstein Funds Available
|
NAME OF FUND
|
Share Class |
CUSIP/ISIN
|
TICKER |
|
AllianceBernstein Balanced Shares, Inc. AllianceBernstein Blended Style Series, Inc. - U.S. Large Cap Portfolio - AllianceBernstein 2000 Retirement Strategy - AllianceBernstein 2005 Retirement Strategy - AllianceBernstein 2010 Retirement Strategy - AllianceBernstein 2015 Retirement Strategy - AllianceBernstein 2020 Retirement Strategy - AllianceBernstein 2025 Retirement Strategy - AllianceBernstein 2030 Retirement Strategy - AllianceBernstein 2035 Retirement Strategy - AllianceBernstein 2040 Retirement Strategy - AllianceBernstein 2045 Retirement Strategy - AllianceBernstein 2050 Retirement Strategy - AllianceBernstein 2055 Retirement Strategy AllianceBernstein Bond Fund, Inc. - AllianceBernstein Corporate Bond Portfolio - AllianceBernstein Intermediate Bond Portfolio - AllianceBernstein U.S. Government Portfolio AllianceBernstein Cap Fund, Inc. - AllianceBernstein Small Cap Growth Portfolio AllianceBernstein Emerging Market Debt Fund, Inc. AllianceBernstein Focused Growth and Income Fund, Inc. AllianceBernstein Global Government Income Trust, Inc. AllianceBernstein Global Health Care Fund, Inc. AllianceBernstein Global Real Estate Investment Fund, Inc. AllianceBernstein Global Research Growth Fund, Inc. AllianceBernstein Global Strategic Income Trust, Inc. AllianceBernstein Global Technology Fund, Inc. AllianceBernstein Greater China ’97 Fund, Inc. AllianceBernstein Growth and Income Fund, Inc. AllianceBernstein High Yield Fund, Inc. AllianceBernstein International Growth Fund, Inc. AllianceBernstein International Portfolio AllianceBernstein International Research Growth Fund, Inc. AllianceBernstein Large Cap Growth Fund, Inc. AllianceBernstein Mid-Cap Growth Fund, Inc. AllianceBernstein Short Duration Portfolio AllianceBernstein Trust - AllianceBernstein Global Value Fund - AllianceBernstein International Value Fund - AllianceBernstein Small-Mid Cap Value Fund - AllianceBernstein Value Fund AllianceBernstein Utility Income Fund, Inc. The AllianceBernstein Portfolios - AllianceBernstein Balanced Wealth Strategy - AllianceBernstein Growth Fund - AllianceBernstein Wealth Appreciation Strategy - AllianceBernstein Wealth Preservation Strategy |
A
A A A A A A A A A A A A A
A A A
A A A A A A A A A A A A A A A A A A
A A A A A
A A A A |
018525105
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000
018528802 018528711 018528406
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 018780106 018905109 018597104 00000X000 00000X000 085568673 018620104 00000X000 018636100 085568749
018912105 018913103 018914101 018915108 018791103
00000X000 00000X000 00000X000 00000X000 |
CABNX
ABBAX LTAAX LTBAX LTDAX LTEAX LTHAX LTIAX LTJAX LTKAX LTLAX LTPAX LTQAX LTWAX
CBFAX ABQUX ABUSX
QUASX AGDAX ADGAX ANAGX AHLAX AREAX ABZAX AGSAX ALTFX GCHAX CABDX AHYAX AWPAX AIZAX AIPAX APGAX CHCLX ADPAX
ABAGX ABIAX ABASX ABVAX AUIAX
ABWAX AGRFX AWAAX ABPAX |
Attachment A
Revised Attachment A (cont.)
|
NAME OF FUND
|
Share Class |
CUSIP/ISIN
|
TICKER |
|
AllianceBernstein Balanced Shares, Inc. AllianceBernstein Blended Style Series - U.S. Large Cap Portfolio - AllianceBernstein 2000 Retirement Strategy - AllianceBernstein 2005 Retirement Strategy - AllianceBernstein 2010 Retirement Strategy - AllianceBernstein 2015 Retirement Strategy - AllianceBernstein 2020 Retirement Strategy - AllianceBernstein 2025 Retirement Strategy - AllianceBernstein 2030 Retirement Strategy - AllianceBernstein 2035 Retirement Strategy - AllianceBernstein 2040 Retirement Strategy - AllianceBernstein 2045 Retirement Strategy - AllianceBernstein 2050 Retirement Strategy - AllianceBernstein 2055 Retirement Strategy AllianceBernstein Bond Fund, Inc. - AllianceBernstein Corporate Bond Portfolio - AllianceBernstein Intermediate Bond Portfolio - AllianceBernstein U.S. Government Portfolio AllianceBernstein Cap Fund, Inc. - AllianceBernstein Small Cap Growth Portfolio AllianceBernstein Focused Growth and Income Fund, Inc. AllianceBernstein Global Health Care Fund, Inc. AllianceBernstein Global Real Estate Investment Fund, Inc. AllianceBernstein Global Research Growth Fund, Inc. AllianceBernstein Global Strategic Income Trust, Inc. AllianceBernstein Global Technology Fund, Inc. AllianceBernstein Growth and Income Fund, Inc. AllianceBernstein High Yield Fund, Inc. AllianceBernstein International Growth Fund, Inc. AllianceBernstein International Research Growth Fund, Inc. AllianceBernstein Large Cap Growth Fund, Inc. AllianceBernstein Mid-Cap Growth Fund, Inc. AllianceBernstein Trust - AllianceBernstein Global Value Fund - AllianceBernstein International Value Fund - AllianceBernstein Small-Mid Cap Value Fund - AllianceBernstein Value Fund AllianceBernstein Utility Income Fund, Inc. The AllianceBernstein Portfolios - AllianceBernstein Balanced Wealth Strategy - AllianceBernstein Growth Fund - AllianceBernstein Wealth Appreciation Strategy - AllianceBernstein Wealth Preservation Strategy |
R
R R R R R R R R R R R R R
R R R
R R R R R R R R R R R R R
R R R R R
R R R R |
018525600
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000
018528661 018528653 018528679
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 018780601 018597609 00000X000 00000X000 018620708 00000X000 018636506
018912501 018913509 018914507 018915504 018791509
00000X000 00000X000 00000X000 00000X000 |
CBSRX
ABBRX LTARX LTBRX LTDRX LTERX LTHRX LTJRX LTKRX LTLRX LTSRX LTPRX LTQRX LTWRX
CBFRX ABQRX ABURX
QUARX ADGRX AHLRX ARRRX ABZRX AGSRX ATERX CBBRX AHHRX AWPRX AIPRX ABPRX CHCRX
ABGRX AIVRX ABSRX ABVRX AUIRX
ABWRX AGFRX AWARX APPRX |
Attachment A
Revised Attachment A (cont.)
|
NAME OF FUND
|
Share Class |
CUSIP/ISIN
|
TICKER |
|
AllianceBernstein Balanced Shares, Inc. AllianceBernstein Blended Style Series, Inc. - U.S. Large Cap Portfolio - AllianceBernstein 2000 Retirement Strategy - AllianceBernstein 2005 Retirement Strategy - AllianceBernstein 2010 Retirement Strategy - AllianceBernstein 2015 Retirement Strategy - AllianceBernstein 2020 Retirement Strategy - AllianceBernstein 2025 Retirement Strategy - AllianceBernstein 2030 Retirement Strategy - AllianceBernstein 2035 Retirement Strategy - AllianceBernstein 2040 Retirement Strategy - AllianceBernstein 2045 Retirement Strategy AllianceBernstein 2050 Retirement Strategy - AllianceBernstein 2055 Retirement Strategy AllianceBernstein Bond Fund, Inc. - AllianceBernstein Corporate Bond Portfolio - AllianceBernstein Intermediate Bond Portfolio - AllianceBernstein U.S. Government Portfolio AllianceBernstein Cap Fund, Inc. - AllianceBernstein Small Cap Growth Portfolio AllianceBernstein Focused Growth and Income Fund, Inc. AllianceBernstein Global Health Care Fund, Inc. AllianceBernstein Global Real Estate Investment Fund, Inc. AllianceBernstein Global Research Growth Fund, Inc. AllianceBernstein Global Strategic Income Trust, Inc. AllianceBernstein Global Technology Fund, Inc. AllianceBernstein Growth and Income Fund, Inc. AllianceBernstein High Yield Fund, Inc. AllianceBernstein International Growth Fund, Inc. AllianceBernstein International Research Growth Fund, Inc. AllianceBernstein Large Cap Growth Fund, Inc. AllianceBernstein Mid-Cap Growth Fund, Inc. AllianceBernstein Trust - AllianceBernstein Global Value Fund - AllianceBernstein International Value Fund - AllianceBernstein Small-Mid Cap Value Fund - AllianceBernstein Value Fund AllianceBernstein Utility Income Fund, Inc. The AllianceBernstein Portfolios - AllianceBernstein Balanced Wealth Strategy - AllianceBernstein Growth Fund - AllianceBernstein Wealth Appreciation Strategy - AllianceBernstein Wealth Preservation Strategy |
K
K K K K K K K K K K K K K
K K K
K K K K K K K K K K K K K
K K K K K
K K K K |
018525709
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000
018528596 018528620 018528646
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 018780700 018597708 00000X000 00000X000 018620609 00000X000 018636605
018912600 018913608 018914606 018915603 018791608
00000X000 00000X000 00000X000 00000X000 |
CBSKX
ABBKX LTAKX LTBKX LTDKX LTEKX LTHKX LTJKX LTKKX LTLKX LTSKX LTPKX LTQKX LTWKX
CBFKX ABQKX ABUKX
QUAKX ADGKX AHLKX ARRKX ABZKX AGSKX ATEKX CBBKX AHHKX AWPKX AIPKX ALCKX CHCKX
ABGKX AIVKX ABSKX ABVKX AUIKX
ABWKX AGFKX AWAKX APWKX |
Attachment A
Revised Attachment A (cont.)
|
NAME OF FUND
|
Share Class |
CUSIP/ISIN
|
TICKER |
|
AllianceBernstein Balanced Shares, Inc. AllianceBernstein Blended Style Series, Inc. - U.S. Large Cap Portfolio - AllianceBernstein 2000 Retirement Strategy - AllianceBernstein 2005 Retirement Strategy - AllianceBernstein 2010 Retirement Strategy - AllianceBernstein 2015 Retirement Strategy - AllianceBernstein 2020 Retirement Strategy - AllianceBernstein 2025 Retirement Strategy - AllianceBernstein 2030 Retirement Strategy - AllianceBernstein 2035 Retirement Strategy - AllianceBernstein 2040 Retirement Strategy - AllianceBernstein 2045 Retirement Strategy AllianceBernstein 2050 Retirement Strategy - AllianceBernstein 2055 Retirement Strategy AllianceBernstein Bond Fund, Inc. - AllianceBernstein Corporate Bond Portfolio - AllianceBernstein Intermediate Bond Portfolio - AllianceBernstein U.S. Government Portfolio AllianceBernstein Cap Fund, Inc. - AllianceBernstein Small Cap Growth Portfolio AllianceBernstein Focused Growth and Income Fund, Inc. AllianceBernstein Global Health Care Fund, Inc. AllianceBernstein Global Real Estate Investment Fund, Inc. AllianceBernstein Global Research Growth Fund, Inc. AllianceBernstein Global Strategic Income Trust, Inc. AllianceBernstein Global Technology Fund, Inc. AllianceBernstein Growth and Income Fund, Inc. AllianceBernstein High Yield Fund, Inc. AllianceBernstein International Growth Fund, Inc. AllianceBernstein International Research Growth Fund, Inc. AllianceBernstein Large Cap Growth Fund, Inc. AllianceBernstein Mid-Cap Growth Fund, Inc. AllianceBernstein Trust - AllianceBernstein Global Value Fund - AllianceBernstein International Value Fund - AllianceBernstein Small-Mid Cap Value Fund - AllianceBernstein Value Fund AllianceBernstein Utility Income Fund, Inc. The AllianceBernstein Portfolios - AllianceBernstein Balanced Wealth Strategy - AllianceBernstein Growth Fund - AllianceBernstein Wealth Appreciation Strategy - AllianceBernstein Wealth Preservation Strategy |
I
I I I I I I I I I I I I I
I I I
I I I I I I I I I I I I I
I I I I I
I I I I |
018525808
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 00000X000
018528588 018528612 018528638
00000X000 00000X000 00000X000 00000X000 00000X000 00000X000 018780809 018597807 00000X000 00000X000 018620500 00000X000 018636704
018912709 018913707 018914705 018915702 018791707
00000X000 00000X000 00000X000 00000X000 |
CABIX
ABBIX LTAIX LTBIX LTDIX LTEIX LTHIX LTJIX LTKIX LTLIX LTSIX LTPIX LTQIX LTWIX
CBFIX ABQIX ABUIX
QUAIX ADGIX AHLIX AEEIX ABZIX AGLIX AGTIX CBBIX AHHIX AWPIX AIPPX ALLIX CHCIX
AGVIX AIVIX ABSIX ABVIX AUIIX
ABWIX AGFIX AWAIX APWIX |
