November 14, 2008 Todd Modic Senior Vice President ING Investments, LLC
Exhibit 99.B(d)(1)(C)(iii)
November 14, 2008
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Management Agreement dated February 25, 2004, as amended, between ING Investors Trust and ING Investments, LLC (the “Agreement”), we hereby notify you of our intention to retain you as Manager to render investment advisory services to ING Xxxxxxxxxxx Active Asset Allocation Portfolio (the “Portfolio”), a newly established series of ING Investors Trust, effective November 17, 2008, 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 Funds to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual investment management fee indicated for the Portfolio, is attached hereto.
Please signify your acceptance to act as Manager under the Agreement with respect to the aforementioned Portfolio.
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Very sincerely, |
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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ACCEPTED AND AGREED TO:
ING Investments, LLC
By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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0000 X. Xxxxxxxxxx Xxxxx Xx. |
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Tel: 000-000-0000 |
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AMENDED SCHEDULE A
with respect to the
between
ING
INVESTORS TRUST
and
ING INVESTMENTS, LLC
Series |
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Effective Date |
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Annual Investment Management |
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(as a percentage of average daily net |
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ING Disciplined Small Cap Value Portfolio |
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0.55% on first $500
million |
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ING Global Real Estate Portfolio |
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0.80% on first $250
million |
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ING LifeStyle Aggressive Growth Portfolio |
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0.14% |
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ING LifeStyle Conservative Portfolio(1) |
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0.14% |
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ING LifeStyle Growth Portfolio |
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0.14% |
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ING LifeStyle Moderate Growth Portfolio |
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0.14% |
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ING LifeStyle Moderate Portfolio |
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0.14% |
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ING Xxxxxxxxxxx Active Asset Allocation Portfolio |
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November 17, 2008 |
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0.25% on all assets |
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ING VP Index Plus International Equity Portfolio |
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0.45% |
(1) The initial term of ING LifeStyle Conservative Portfolio under this Agreement commenced on October 17, 2007