Exhibit 99.(h)(2)(v)
AMENDMENT
TO
SUB-ADMINISTRATION AGREEMENT
AMENDMENT AGREEMENT, effective as of _____________, 2004 by and between ING
Funds Services, LLC, a limited liability company organized under the laws of the
State of Delaware (the "Administrator") and Investors Bank & Trust Company, a
Massachusetts trust company ("IBT").
WHEREAS, ING Life Insurance and Annuity Company (the "Former
Administrator") and IBT entered into a Sub-Administration Agreement dated
December 14, 2001, as amended (the "Sub-Administration Agreement"); and
WHEREAS, the Former Administrator, the Administrator and IBT entered into
an Assignment and Assumption Agreement for Sub-Administration Agreement dated
November 19, 2003, whereby the Administrator became Administrator to ING
Partners, Inc. and agreed to assume and perform all of the Former
Administrator's rights, duties and obligations thereunder; and
WHEREAS, the Administrator and IBT desire to amend the Sub-Administration
Agreement as set forth below.
NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein set forth, the parties hereto agree as follows:
1. APPENDIX A to the Sub-Administration Agreement is hereby deleted in
its entirety and replaced with the attached AMENDED APPENDIX A.
2. Except as amended hereby, the Sub-Administration Agreement shall
remain in full force and effect.
3. This Amendment may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
IN WITNESS WHEREOF, each party hereto has caused this Agreement to be
executed by its duly authorized officer, as the case may be, as of the date and
year first above written.
ING FUNDS SERVICES, LLC INVESTORS BANK & TRUST COMPANY
By: By:
------------------------------------ --------------------------------
Xxxxxxx X. Xxxxxx Name:
Executive Vice President Title:
1
AMENDED APPENDIX A
TO
SUB-ADMINISTRATION AGREEMENT
SERIES OF ING PARTNERS, INC.
ING Aeltus Enhanced Index Portfolio
ING American Century Select Portfolio
ING American Century Small Cap Value Portfolio
ING Baron Small Cap Growth Portfolio
ING Fidelity(R) VIP Contrafund(R) Portfolio
ING Fidelity(R) VIP Equity Income Portfolio
ING Fidelity(R) VIP Growth Portfolio
ING Fidelity(R) VIP Mid Cap Portfolio
ING Xxxxxxx Xxxxx(R) Capital Growth Portfolio
ING Xxxxxxx Sachs(R) Core Equity Portfolio
ING JPMorgan Xxxxxxx International Portfolio
ING JPMorgan Mid Cap Value Portfolio
ING MFS Capital Opportunities Portfolio
ING OpCap Balanced Value Portfolio
ING Xxxxxxxxxxx Global Portfolio
ING Xxxxxxxxxxx Strategic Income Portfolio
ING PIMCO Total Return Portfolio
ING Salomon Brothers Aggressive Growth Portfolio
ING Salomon Brothers Fundamental Value Portfolio
ING Salomon Brothers Investors Value Portfolio
ING Salomon Brothers Large Cap Growth Portfolio
ING X. Xxxx Price Diversified Mid Cap Growth Portfolio
ING X. Xxxx Price Growth Equity Portfolio
ING UBS U.S. Large Cap Equity Portfolio
ING Xxx Xxxxxx Xxxxxxxx Portfolio
ING Xxx Xxxxxx Equity and Income Portfolio
Dated: _______________, 2004
2