Contract
(h)(8)(B)(iii) |
May 1, 2012
ING Investors Trust | |
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx | |
Suite 100 | |
Scottsdale, AZ 85258-2034 |
Re: Expense Limitations
Ladies and Gentlemen:
By execution of this letter agreement (the “Agreement”) to the Amended and Restated Expense Limitation Agreement dated January 1, 2007, as amended, intending to be legally bound hereby, Directed Services LLC (“DSL”), the Adviser to ING DFA World Equity Portfolio (formerly, ING DFA Global All Equity Portfolio, the “Portfolio”), agrees that DSL shall, from May 1, 2012 through May 1, 2013, 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, including expenses of the underlying investment companies, shall be as follows:
Name of Portfolio | Maximum Operating Expense Limit | |||||||
(as a percentage of average net assets) | ||||||||
Advjser | Classes Institutional |
Service | ||||||
ING DFA World Equity Portfolio | 1.21% | 0.61% | 0.86% | |||||
DSL 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.
Sincerely,
/s/ Xxxx Xxxxx
Xxxx Xxxxx
Vice President
Directed Services LLC
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx | Tel: 000.000.0000 | ING Investments, LLC |
Scottsdale, AZ 00000-0000 | Fax: 000.000.0000 | |
xxx.xxxxxxxx.xxx |