October 27, 2008 Todd Modic Senior Vice President ING Investments, LLC Scottsdale, AZ 85258 Dear Mr. Modic:
(d)(1)(iv)
October 27, 2008
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Investment Management Agreement dated September 1, 2000, between ING Mayflower Trust and ING Investments, LLC (the “Agreement”) we hereby notify you of our intention to modify the annual investment management fee for ING International Value Fund (the “Fund”), effective upon shareholder approval of ING Investment Management Co. as sub-adviser to the Fund. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending the Amended and Restated Schedule 1 of the Agreement. The Amended and Restated Schedule 1, with the annual investment management fee indicated for the Fund, is attached to the letter.
Please signify your acceptance to the modification of the investment management fee for the Portfolio by signing below where indicated.
Very sincerely, |
/s/ Xxxxxxxx X. Xxxxxxxx |
Xxxxxxxx X. Xxxxxxxx |
Senior Vice President |
ING Mayflower Trust |
ACCEPTED AND AGREED TO: ING Investments, LLC | ||
By: | /s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Variable Products Trust |
AMENDED AND RESTATED SCHEDULE 1
with respect to the
INVESTMENT MANAGEMENT AGREEMENT
between
and
ING INVESTMENTS, LLC
Fund |
Annual Investment Management Fee (as a percentage of average daily net assets) | |
ING International Value Fund |
1.00% on first $5 billion of assets; 0.95% on next $2.5 billion of assets; 0.90% on next $2.5 billion of assets; and 0.85% of assets in excess of $10 billion (applied to all assets of the Fund) |