August 1, 2006 Ms. Cheryl Pipia Salomon Brothers Asset Management Inc
Exhibit 99.B(d)(2)(E)(i)
August 1, 2006
Xx. Xxxxxx Xxxxx
Xxxxxxx Xxxxxxxx Asset Management Inc
000 Xxxxxxxxxx Xxxx., 00xx Xx
Stamford, CT 069012
Dear Xx. Xxxxx:
Pursuant to Section 6 of the Portfolio Management Agreement dated December 1, 2005, among ING Investors Trust, Directed Services, Inc. and Salomon Brothers Asset Management Inc (the “Agreement”) we hereby modify the fees payable to the Portfolio Manager for ING Xxxx Xxxxx Partners All Cap Portfolio, formerly ING Salomon Brothers All Cap Portfolio (the “Portfolio”), effective August 1, 2006.
Upon your acceptance, the Agreement will be modified to give effect to the foregoing by modifying the fees payable as indicated on Amended Schedule B of the Agreement. The Amended Schedule B, with the annual portfolio management fee indicated for the Portfolio, is attached hereto.
Please signify your acceptance to the modification of the portfolio management fees for the Portfolio by signing below where indicated.
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Very sincerely, |
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/s/ Xxxxxx X. Xxxx |
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Xxxxxx X. Xxxx |
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Executive Vice President |
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ACCEPTED AND AGREED TO: |
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Salomon Brothers Asset Management Inc |
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By: |
/s/ Xxxx Xxxxxx |
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Name: |
Xxxx Xxxxxx |
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Title: |
Managing Director, Duly Authorized |
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AMENDED SCHEDULE B
COMPENSATION FOR SERVICES TO SERIES
For the services provided by Xxxxxxx Xxxxxxxx Asset Management Inc (the “Portfolio Manager”) to the following Series of ING Investors Trust, pursuant to the attached Portfolio Management Agreement, the Manager will pay the Portfolio Manager a fee, computed daily and payable monthly, based on the average daily net assets of the Series at the following annual rates:
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FEE |
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ING Xxxx Xxxxx Partners All Cap Portfolio |
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0.40% on first
$500 million; |
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