August 16, 2010 Todd Modic Senior Vice President ING Funds Services, LLC
Exhibit (h)(1)(i)
August 16, 2010
Xxxx Xxxxx
Senior Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Amended and Restated Administration Agreement dated November 30, 2008, as amended, between ING Funds Trust 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 Floating Rate Fund (the “Fund”), a newly established series of ING Funds Trust, effective on or about August 16, 2010, 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 Fund to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual administration fees indicated for each series, is attached hereto.
Please signify your acceptance to act as Administrator under the Agreement with respect to the aforementioned Fund by signing below where indicated.
Very sincerely, |
/s/ Xxxxxxxx X. Xxxxxxxx |
Xxxxxxxx X. Xxxxxxxx |
Senior Vice President |
ING Funds Trust |
ACCEPTED AND AGREED TO: ING Funds Services, LLC | ||
By: | /s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Funds Trust |
AMENDED SCHEDULE A
to the
AMENDED AND RESTATED ADMINISTRATION AGREEMENT
between
and
ING FUNDS SERVICES, LLC
Series |
Administrative Fee | |
(as a percentage of average daily net assets) | ||
ING Classic Money Market Fund |
0.00% | |
ING Floating Rate Fund |
0.10% | |
ING GNMA Income Fund |
0.10% | |
ING High Yield Bond Fund |
0.10% | |
ING Institutional Prime Money Market Fund |
N/A | |
ING Intermediate Bond Fund |
0.10% |
- 2 -