Directed Services LLC
Exhibit 77(e)(4)
Directed Services LLC
0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
January 21, 2011
Xxxxxxxxxxx Xxxxx
Vice President, Finance
ING Investment Management Co.
00 Xxxxx Xxxxx Xxxxxx
Xxxxxxxx, XX 00000-0000
Dear Xx. Xxxxx:
Pursuant to the Sub-Advisory Agreement dated November 2, 2010 between Directed Services LLC and ING Investment Management Co., as amended (the “Agreement”), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING Large Cap Value Portfolio (the “Portfolio”) (formerly, ING Pioneer Equity Income Portfolio), a series of ING Investors Trust, effective on or about January 21, 2011, upon all of the terms and conditions set forth in the Agreement and subject to shareholder approval of the Agreement.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by adding the Portfolio to the Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Portfolio, is attached hereto.
Please signify your acceptance to act as Sub-Adviser under the Agreement with respect to the Portfolio by signing below where indicated.
Very sincerely, | |
/s/Xxxx Xxxxx | |
Xxxx Xxxxx | |
Vice President | |
Directed Services LLC | |
ACCEPTED AND AGREED TO: | |||
ING Investment Management Co. | |||
By: | /s/Xxxxxxxxxxx Xxxxx | ||
Name: | Xxxxxxxxxxx Xxxxx | ||
Title: | VP Finance | , Duly Authorized |
AMENDED SCHEDULE A
with respect to the
SUB-ADVISORY AGREEMENT
between
DIRECTED SERVICES LLC
and
ING INVESTMENT MANAGEMENT CO.
Series |
Annual Sub-Adviser Fee (as a percentage of average daily net assets) |
ING Large Cap Growth Portfolio (formerly, ING Xxxxx Fargo Omega Growth Portfolio)
|
0.2475% |
ING Large Cap Value Portfolio (formerly, ING Pioneer Equity Income Portfolio) |
0.2925% on the first $500 million 0.27% thereafter |