Directed Services LLC

Exhibit 99.B(d)(1)(D)(iii)

Directed Services LLC

0000 Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000

March 15, 2010

ING Investors Trust

0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx

Xxxxxxxxxx, Xxxxxxx 00000-0000

Re:          Advisory Fee Waiver

Ladies and Gentlemen:

By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Directed Services LLC (“DSL”), the Adviser to ING BlackRock Inflation Protected Bond Portfolio (the “Portfolio”), agrees that DSL shall, from March 15, 2010 through and including May 1, 2011, waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Portfolio shall be as follows:

		Maximum Operating Expense Ratios (as a percentage of average net assets)
Name of Fund		Adviser Class		Class I		Class S
ING BlackRock Inflation Protected Bond Portfolio		1.10	%	0.50	%	0.75	%

ING Investments acknowledges that any fees waived or expenses reimbursed during the term of this Agreement shall not be eligible for recoupment at any time in the future.

			Directed Services LLC
			By:	/s/ Xxxx Xxxxx
				Xxxx Xxxxx
				Vice President
Your signature below acknowledges acceptance of this Agreement:
By:	/s/ Xxxxxxxx X. Xxxxxxxx
	Xxxxxxxx X. Xxxxxxxx
	Senior Vice President
	ING Investors Trust