February 1, 2011
Exhibit (d)(1)(iii)
February 1, 2011
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Suite 100
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Investment Management Agreement dated September 1, 2000, between ING Mayflower Trust and ING Investments, LLC (the “Agreement”) we hereby notify you of our intention to modify the annual investment management fee for ING International Value Fund (the “Fund”), effective on or about February 1, 2011. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending the Amended and Restated Schedule 1 of the Agreement. The Amended and Restated Schedule 1, with the annual investment management fee indicated for the Fund, is attached hereto.
Please signify your acceptance to the modification of the investment management fee for the Fund by signing below where indicated.
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Very sincerely, |
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/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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ACCEPTED AND AGREED TO:
ING Investments, LLC
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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0000 X. Xxxxxxxxxx Xxxxx Xx. Suite 100 Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 |
AMENDED AND RESTATED SCHEDULE 1
with respect to the
INVESTMENT MANAGEMENT AGREEMENT
between
and
ING INVESTMENTS, LLC
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Fund |
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Annual Investment Management Fee |
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(as a percentage of average daily net |
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ING International Value Fund |
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1.00% on first $1.5 billion of assets; |
