This Amendment No. 5 to the Selling and Services Agreement (the of the investment companies comprising the Lord Abbett Family of Funds, whether existing at the date of this Agreement or established subsequent thereto, including each separate...

Exhibit 24(b)(8.40) Amendment No. 5 to the Selling and Services Agreement
by and among
Lord Xxxxxx Family of Funds, Lord Xxxxxx Distributor LLC, Lord, Xxxxxx & Co.
LLC,
ING Life Insurance and Annuity Company and ING Financial Advisers, LLC,
	This Amendment No. 5 to the Selling and Services Agreement (the
“Amendment”) is entered into and effective as of August 12, 2008, by and among each
of the investment companies comprising the Lord Xxxxxx Family of Funds, whether
existing at the date of this Agreement or established subsequent thereto, including each
separate investment portfolio (each a “Fund,” and collectively, the “Funds”), Lord
Xxxxxx Distributor LLC (the “Distributor”), Lord, Xxxxxx & Co. LLC, (“Adviser”),
ING Life Insurance and Annuity Company (“ING Life”), and ING Financial Advisers,
LLC (“ING Financial”) (ING Life and ING Financial collectively referred to as
“Service Provider”).
	WHEREAS, the Funds, Distributor, Adviser and Service Provider (each a
“Party,” and collectively, the “Parties”) have entered into a Selling and Services
Agreement (“the Agreement”) dated as of March 1, 2001 and amended as of July 25,
2002, September 26, 2003, November 24, 2003 September 1, 2004 and October 1,
2007, under which shares of the Funds may be offered to Plans for which ING Life
provides recordkeeping and other administrative services; and
	WHEREAS, the parties now desire to amend the Agreement to add a new Fund
share class available for investment.
	NOW, THEREFORE, in consideration of the premises and mutual covenants
and promises expressed herein, the parties agree to amend the Agreement as follows:
1.	The Agreement shall be deemed to be amended to the extent necessary to reflect
	the inclusion of Class R2 shares of the Funds (“Shares”).
2.	Each Fund agrees to pay the Service Provider quarterly at the annual rate of
	____% based on the average daily net asset value of R2 Shares held by Plan
	accounts for which the Service Provider is providing services pursuant to the
	Agreement.
3.	Effective October 1, 2007 Class P Shares are closed to new Plans.
4.	In the event of any inconsistencies between the Agreement and this Amendment,
	the terms of this Amendment shall govern.

5.      All other terms and conditions of the Agreement shall remain in full force and
effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
entered into as of date first above written.
The Lord Xxxxxx Family of	ING	Life	Insurance	and	Annuity
Funds	Company
/s/ Xxxxxxxx X. Xxxxxx	By:	/s/ Xxxx X. Xxxxxxx
Xxxxxxxx X. Xxxxxx	Name:	Xxxx X. Xxxxxxx
Vice President and Secretary	Title:	Vice President
LORD XXXXXX DISTRIBUTOR	ING FINANCIAL ADVISERS, LLC
LLC
By: Lord, Xxxxxx & Co. LLC,
its Managing Member
/s/ Xxxxxxxx X. Xxxxxx	By:	/s/ Xxxxx Xxxxxx
Xxxxxxxx X. Xxxxxx	Name:	Xxxxx Xxxxxx
Member	Title:	Vice President / COO
LORD, XXXXXX & CO. LLC
/s/ Xxxxxxxx X. Xxxxxx
Xxxxxxxx X. Xxxxxx
Member