Exhibit - (d)(4)(i)
FIRST AMENDMENT TO INVESTMENT MANAGEMENT AGREEMENT
ING EQUITY TRUST
This First Amendment, effective as of September 2, 2004, amends the
Investment Management Agreement (the "Agreement") dated September 23, 2002
between ING Equity Trust (the "Trust"), a Massachusetts business trust and ING
Investments, LLC, an Arizona limited liability company (the "Manager"), with
regards to ING Financial Services Fund, a Series of the Trust, and any future
Series of the Trust that may become party to the Agreement.
W I T N E S S E T H
WHEREAS, the parties desire to amend the Agreement and agree that the
amendment will be effective as of September 2, 2004.
NOW, THEREFORE, the parties agree as follows:
1. Section 6(e) of the Agreement is hereby amended by inserting the words
"Board approved" in front of "membership dues of industry associations."
2. In all other respects, the Agreement is hereby confirmed and remains in
full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be
executed as of the day and year first above written.
ING EQUITY TRUST
By: /s/ Xxxxxx X. Naka
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Xxxxxx X. Naka
Senior Vice President
ING INVESTMENTS, LLC
By: /s/ Xxxxxxx X. Xxxxxx
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Xxxxxxx X. Xxxxxx
Executive Vice President
