Contract

                                                               Exhibit 99-B.8.8
                              SELLING AND SERVICES AGREEMENT
                                                           AND
                               FUND PARTICIPATION AGREEMENT

THIS AGREEMENT is made and entered into as of this 1^stday of May, 200_ by
and between ING Life Insurance and Annuity Company (“ING Life”), ING Financial
Advisers, LLC (“ING Financial”) (collectively, “ING”), and Saturna Brokerage Services,
Inc. (“Distributor”), acting as agent for the registered open-end management investment
companies whose shares are or may be underwritten by Distributor (each a “Fund” or
collectively the “Funds”).

WHEREAS, Distributor acts as principal underwriter for the Funds; and

WHEREAS, ING Life is an insurance company that issues annuity contracts to,
and/or provides various recordkeeping and other administrative services to, certain plans
under Sections 401, 403(b), 457 or 408 of the Internal Revenue Code of 1986, as
amended (“Tax Code”), certain nonqualified deferred compensation arrangements, and
custodial accounts under Section 403(b)(7) or 408 of the Tax Code (collectively,
“Plans”); and

WHEREAS, such Plans may invest in the Funds directly, or alternatively, certain of
such Plans may invest in the Funds indirectly through annuity contracts and funding
agreements issued by ING Life (the “Contracts”); and

WHEREAS, ING Life has established separate accounts for all of its Variable
Annuity and Variable Life Accounts and may establish such other accounts as may be set
forth in Schedule A attached hereto (the “Separate Accounts”) to serve as an investment
vehicle for the Contracts; and

WHEREAS, ING Life will provide various administrative and shareholder services
in connection with the investment by the Plans in the Funds or in the Contracts; and

WHEREAS, ING Financial will distribute to Plans shares of the Funds or units of
the Separate Accounts that may in turn invest in the Funds;

NOW, THEREFORE, it is agreed as follows:

1.	Investment of Plan Assets.

	(a) With respect to Plans that invest in the Funds directly, ING Financial

represents that it is authorized under the Plans to implement the investment of Plan assets
in the name of an appropriately designated nominee of each Plan (“Nominee”) in shares
of investment companies or other investment vehicles specified by a sponsor, an
investment adviser, an administrative committee, or other fiduciary as designated by a

Plan (“Plan Representative”) upon the direction of a Plan participant or beneficiary
(“Participant”). The parties acknowledge and agree that selections of particular
investment companies or other investment vehicles are made by Plan Representatives or
Participants, who may change their respective selections from time to time in accordance
with the terms of the Plan.

(b) With respect to Plans that invest in the Funds indirectly through the
Contracts, ING Life represents that each of the Separate Accounts is a separate account
under Connecticut Insurance law and that it has registered or will register each of the
Separate Accounts (except for such Accounts for which no such registration is required)
as a unit investment trust under the Investment Company Act of 1940 (the “1940 Act”),
to serve as an investment vehicle for the Contracts. Each Contract provides for the
allocation of net amounts received by ING Life to a Separate Account for investment in
the shares of one or more specified open-end management investment companies
available through that Separate Account as underlying investment media. Selection of a
particular investment management company and changes therein from time to time are
made by the contract owner or Participant, as applicable under a particular Contract.

2. Omnibus Account.

The parties agree that, with respect to each Fund, a single omnibus account held in
the name of the Nominee shall be maintained for those Plan assets directed for
investment directly in the Fund, and a single omnibus account held in the name of ING
Life shall be maintained for those Plan assets directed for investment in the Fund through
the Contracts (collectively, the “Accounts.”) ING Life as issuer of the Contracts or as
service agent for the Plans, shall facilitate purchase and sale transactions with respect to
the Accounts in accordance with the Agreement.

3. Services to be Performed by ING.

ING may be responsible for performing shareholder account servicing functions,
which shall include without limitation:

(a)	making the funds available under the Contracts or other arrangements offered by ING;

(b)	assisting in processing customer purchase and redemption requests;

(c)	answering customer inquiries regarding account status and history;

(d)	assisting customers in designating and changing dividend options, account designations and addresses;

(e)	adopting and maintaining appropriate security measures for identifying customers;

(f)	providing periodic statements showing a customer’s account balances and, to the extent practicable, integration of such information with other customer transactions otherwise effected with or through the ING;

(g)	furnishing (either separately or on an integrated basis with other reports sent to a customer by ING) statements and confirmations of all purchases and redemption requests as may be required by agreement between ING and the customers;

(h)	processing customer purchase and redemption requests for Shares and placing purchase and redemption instructions with the Funds’ transfer agent, including any designee thereof, (“Transfer Agent”) in the manner described in Section 4 hereof;

(i)	providing subaccounting services and maintaining accurate subaccounting records regarding Shares beneficially owned by customers;

(j)	updating customer records to reflect dividend payments;

(k)	transmitting proxy statements, annual and semi-annual reports, the Funds’ then current prospectuses (in each case, the “Prospectus”) and other communications from the Funds to customers as may be required by law and by agreement between ING and the customers; and

(l)	providing such other related services upon which the Distributor and ING may mutually agree.

ING shall provide all personnel, facilities and equipment reasonably necessary in order
for it to perform the functions described in this paragraph with respect to its Customers.
ING shall exercise reasonable care in performing all such services.

4.	Pricing Information, Orders, Settlement.

	(a) Distributor will make shares available to be purchased by the Nominee or by

ING Life, as applicable, on behalf of the Accounts, at the net asset value applicable to
each order; provided, however, that the Plans or the Separate Accounts meet the criteria
for purchasing shares of the Funds at net asset value as described in the Funds’
prospectuses. Fund shares shall be purchased and redeemed on a net basis for such Plans
or such Separate Accounts in such quantity and at such time determined by ING or the
Nominee to correspond with investment instructions received by ING from contract
owners, Plan Representatives or Participants, provided, however, that the Board of
Trustees [Directors] of the Fund (hereinafter the “Trustees” [“Directors”]) may upon
reasonable notice to ING, refuse to sell shares of any Funds to any person, or suspend, or
terminate the offering of any shares of Funds if such action is required by law or by
regulatory authorities having jurisdiction or is, in the sole discretion of the Trustees
[Directors], acting in good faith and in the best interests of the shareholders of the Fund

shares and is acting in compliance with their fiduciary obligations under federal and/or
any applicable state laws.

(b) Distributor agrees to furnish or cause to be furnished to ING Financial for each
Fund: (i) confirmed net asset value information as of the close of trading (normally 4:00
p.m., East Coast time) on the New York Stock Exchange (“Close of Trading”) on each
business day that the New York Stock Exchange is open for business (“Business Day”) or
at such other time as the net asset value of a Fund is calculated as disclosed in the
relevant then current prospectus(es) in a format that includes the Fund’s name and the
change from the last calculated net asset value, (ii) dividend and capital gains information
as it arises, and (iii) in the case of a fixed income fund, the daily accrual or the
distribution rate factor. Distributor shall provide or cause to be provided to ING
Financial such information by 6:30 p.m., East Coast time unless extraordinary
circumstances are encountered in which case Distributor shall notify ING Financial of the
delay and shall provide such information no later than 7:00 p.m.

(c) ING Financial, as agent for the Funds solely for the purposes expressed herein
shall receive from contract owners, Plan Representatives or Participants for acceptance as
of the Close of Trading on each Business Day orders for the purchase of shares of the
Funds, exchange orders, and redemption requests and redemption directions with respect
to shares of the Funds held by the Nominee or by ING Life on behalf of its Separate
Accounts (“Instructions”). In addition, ING Financial shall (i) transmit to Distributor
such Instructions no later than 9:00 a.m., East Coast time on the next following Business
Day, and (ii) upon acceptance of any such Instructions, communicate such acceptance to
the contract owners, Plan Representatives or Plan Participants, as appropriate
(“Confirmation”). The Business Day on which such Instructions are received in proper
form by ING Financial and time stamped by the Close of Trading will be the date as of
which Fund shares shall be deemed purchased, exchanged, or redeemed as a result of
such Instructions (“Trade Date”). Instructions received in proper form by ING Financial
and time stamped after the Close of Trading on any given Business Day shall be treated
as if received on the next following Business Day. ING Financial agrees that all
Instructions received by ING Financial, which will be transmitted to Distributor for
processing as of a particular Business Day, will have been received and time stamped
prior to the Close of Trading on that previous Business Day.

(d) ING Financial will wire payment, or arrange for payment to be wired, for such
purchase orders, in immediately available funds, to a Fund custodial account or accounts
designated by Distributor, as soon as possible, but in any event no later than 4:00 p.m.,
East Coast time on the same Business Day after the Trade Date.

(e) Distributor or its designees will wire payment, or arrange for payment to be
wired, for redemption orders, in immediately available funds, to an account or accounts
designated by ING Financial, as soon as possible, but in any event no later than 4:00 p.m.
East Coast time on the next Business Day on which such redemption orders are made by
ING in conformance with Section 4(c).

(f) In lieu of applicable provisions set forth in paragraphs 4(c) through 4(e) above,
the parties may agree to execute orders and wire payments for purchases and redemptions
through National Securities Clearing Corporation’s Fund/SERV System, in which case
such activities will be governed by the provisions set forth in Exhibit I to this Agreement.
In addition, the parties may also provide pricing information in accordance with Exhibit
I.

(g) Upon Distributor’s request, ING shall provide copies of historical records
relating to transactions between the Funds and the contract owners, Plan Representatives
or Participants investing in such Funds, written communications regarding the Funds to
or from such persons, and other materials, in each case, as may reasonably be requested
to enable Distributor or any other designated entity, including without limitation,
auditors, investment advisers, or transfer agents of the Funds to monitor and review the
services being provided under this Agreement, or to comply with any request of a
governmental body or self-regulatory organization or a shareholder. ING also agrees that
ING will permit Distributor or the Funds, or any duly designated representative to have
reasonable access to ING’s personnel and records in order to facilitate the monitoring of
the quality of the services being provided under this Agreement.

(h) ING Financial shall assume responsibility as herein described for any loss to
Distributor or to a Fund caused by a cancellation or correction made to an Instruction by
a contract owner, Plan Representative or Participant subsequent to the date as of which
such Instruction has been received by ING Financial and originally relayed to Distributor,
and ING Financial will immediately pay such loss to Distributor or such Fund upon ING
Financial’s receipt of written notification, with supporting data.

(i) Distributor shall indemnify and hold ING harmless, from the effective date of
this Agreement, against any amount ING is required to pay to contract owners, Plans,
Plan Representatives or Participants due to: (i) an incorrect calculation of a Fund’s daily
net asset value, dividend rate, or capital gains distribution rate or (ii) incorrect or late
reporting of the daily net asset value, dividend rate, or capital gain distribution rate of a
Fund, upon written notification by ING, with supporting data, to Distributor. In addition,
the Fund or the Distributor shall be liable to ING for systems and out of pocket costs
incurred by ING in making a contract owner’s, a Plan’s or a Participant’s account whole,
if such costs or expenses are a result of the Fund’s failure to provide timely or correct net
asset values, dividend and capital gains or financial information. If a mistake is caused in
supplying such information or confirmations, which results in a reconciliation with
incorrect information, the amount required to make a contract owner’s or a Plan’s or a
Participant’s account whole shall be borne by the party providing the incorrect
information, regardless of when the error is corrected.

(j) Each party shall notify the other of any errors or omissions in any information,
including a net asset value and distribution information set forth above, and interruptions
in or delay or unavailability of, the means of transmittal of any such information as
promptly as possible. ING Financial and Distributor agree to maintain reasonable errors

and omissions insurance coverage commensurate with each party’s respective
responsibilities under this Agreement.

5. Servicing Fees.

The provision of shareholder and administrative services to contract owners or to
the Plans shall be the responsibility of ING Financial, ING Life or the Nominee and shall
not be the responsibility of Distributor. The Nominee, or ING Life on behalf of its
Separate Accounts, will be recognized as the sole shareholder of Fund shares purchased
under this Agreement. It is further recognized that there will be a substantial savings in
administrative expense and recordkeeping expenses by virtue of having one shareholder
rather than multiple shareholders. In consideration of the administrative savings resulting
from such arrangement, Distributor agrees to pay to ING Life a servicing fee based on the
annual rate of .10% of the average net assets invested in the Funds through the Contracts
or through ING Life’s arrangements with Plans in each calendar quarter. Distributor will
make such payments to ING Life within thirty (30) days after the end of each calendar
quarter. Each payment will be accompanied by a statement showing the calculation of
the fee payable to ING Life for the quarter and such other supporting data as may be
reasonably requested by ING Life. If required by a Plan or by applicable law, ING Life
shall have the right to allocate to a Plan or to Participant accounts in a Plan all or a
portion of such servicing fees, or to use servicing fees it collects from Distributor to
offset other fees payable by the Plan to ING Life.

6. 12b-1 Fees.

To compensate ING Financial for its distribution of Fund Shares, Distributor shall
make quarterly payments to ING Financial based on the annual rate of .25% of the
average net assets invested in the Funds through the Contracts or through ING Life’s
arrangements with Plans in each calendar quarter. Distributor will make such payments
to ING Financial within thirty (30) days after the end of each calendar quarter. Each
payment will be accompanied by a statement showing the calculation of the fee payable
to ING Financial for the quarter and such other supporting data as may be reasonably
requested by ING Financial. If required by a Plan or by applicable law, ING Financial
shall have the right to allocate to a Plan or to Participant accounts in a Plan all or a
portion of such 12b-1 fees, or to use 12b-1 fees it collects from Distributor to offset other
fees payable by the Plan to ING Financial.

7. Expenses.

Distributor shall make available for reimbursement certain out-of-pocket expenses
ING Life incurs in connection with providing shareholder services to contract owners or
the Plans. These expenses include printing costs and actual postage paid by ING Life in
connection with mailing updated prospectuses, supplements and financial reports to
contract owners or Plan Representatives or Participants for which ING Life provides
shareholder services hereunder, and all costs incurred by ING Life associated with
proxies for the Fund, including proxy preparation, group authorization letters,

programming for tabulation and necessary materials (including postage). Except as
otherwise agreed in writing, ING shall bear all other expenses incidental to the
performance of the services described herein. Distributor shall, however, provide ING,
or at ING’s request, the Plan, with such sufficient copies of relevant prospectuses for all
Participants making an initial Fund purchase as well as relevant prospectuses, prospectus
supplements and periodic reports to shareholders, and other material as shall be
reasonably requested by ING to disseminate to Plan participants who purchase shares of
the Funds.

8. Termination.

This Agreement shall terminate as to the maintenance of the Account:

(a) At the option of either ING Life, ING Financial or Distributor upon ninety
(90) days’ advance written notice to the other parties;

(b) At the option of ING Life or ING Financial, if shares of the Funds are not
available for any reason to meet the investment requirements of the Contracts or the
Plans; provided, however, that prompt advance notice of election to terminate shall be
furnished by the terminating entity;

(c) At the option of either ING Financial or Distributor, upon institution of
formal disciplinary or investigative proceedings against ING Financial, Distributor or the
Funds by the Financial Industry Regulatory Authority (“FINRA”), the Securities and
Exchange Commission (“SEC”), or any other regulatory body, which proceeding relates
to or adversely affects the performance of any obligation of such party under this
contract;

(d) At the option of Distributor, if Distributor shall reasonably determine in good
faith that shares of the Funds are not being offered in conformity with the terms of this
Agreement;

(e) At the option of ING, upon termination of the management agreement
between the Fund and its investment adviser; written notice of such termination shall be
promptly furnished to ING;

(f) Upon the determination of ING Life to substitute for the Fund’s shares the
shares of another investment company in accordance with the terms of the applicable
Contracts. ING Life will give 60 days’ written notice to the Fund and the Distributor of
any decision to replace the Fund’s shares;

(g) Upon assignment of this Agreement by any party, unless made with the
written consent of all other parties hereto; provided, however, that ING Financial and
ING Life may assign, without consent of Distributor, their respective duties and
responsibilities under this Agreement to any of their affiliates, and provided, further, that

ING Financial or ING Life may enter into subcontracts with other dealers for the
solicitation of sales of shares of the Funds without the consent of Distributor, or

(h) If the Fund’s shares are not registered, issued or sold in conformance with
federal law or such law precludes the use of Fund shares as an investment vehicle for the
Contracts or the Plans; provided, however, that prompt notice shall be given by any party
should such situation occur.

9. Continuation of Agreement.

Termination as the result of any cause listed in Section 8 hereof shall not affect
the Funds’ respective obligations to continue to maintain the Account as an investment
option for Contracts then in force for which its shares serve or may serve as the
underlying medium, or for Plans electing to invest in the Funds prior to the termination of
this Agreement. For avoidance of doubt, servicing fee will continue to be payable under
the terms in Section 5 after the termination, for as long as fund assets are held through the
contracts or through ING Life’s arrangement with plans.

10. Advertising and Related Materials.

(a) Advertising and literature with respect to the Funds prepared by ING
Financial or the Nominee or its agents for use in marketing shares of the Funds to
contract owners or Plans (except any material that simply lists the Funds’ names) shall be
submitted to Distributor for review and approval before such material is used with the
general public or any contract owner, Plan, Plan Representative, or Participant.
Distributor shall advise the submitting party in writing within three (3) Business Days of
receipt of such materials of its approval or disapproval of such materials.

(b) Distributor will provide to ING, at an email address specified by ING, notice
of the availability to download complete copies of all prospectuses, statements of
additional information, annual and semiannual reports and proxy statements, other related
documents, and all amendments or supplements to any of the above documents that relate
to the Funds promptly after the filing of such document with the SEC or other regulatory
authorities.

(c) Distributor will provide via Excel spreadsheet diskette format or in electronic
transmission to ING at least quarterly portfolio information necessary to update Fund
profiles within seven business days following the end of each quarter.

11. Proxy Voting.

ING or the Nominee will distribute to contract owners, Plan Representatives or
Participants all proxy materials furnished by Distributor or its designees for the Funds.
ING and the Nominee shall not oppose or interfere with the solicitation of proxies for
Fund shares held for such beneficial owners.

12. Indemnification.

(a) ING agrees to indemnify and hold harmless the Funds, Distributor and each
of their directors, officers, employees, agents and each person, if any, who controls the
Funds or their investment adviser within the meaning of the Securities Act of 1933
(“1933 Act”) against any losses, claims, damages or liabilities to which the Funds,
Distributor or any such director, officer, employee, agent, or controlling person may
become subject, insofar as such losses, claims, damages, or liabilities (or actions in
respect thereof) (i) arise out of, or are based upon, the provision of administrative
services by ING Life under this Agreement, or (ii) result from a breach of a material
provision of this Agreement. ING will reimburse any legal or other expenses reasonably
incurred by Distributor or any such director, officer, employee, agent, or controlling
person in connection with investigating or defending any such loss, claim, damage,
liability or action; provided, however, that ING will not be liable for indemnification
hereunder to the extent that any such loss, claim, damage, liability or action arises out of
or is based upon the gross negligence or willful misconduct of Distributor or any such
director, officer, employee, agent or any controlling person herein defined in performing
their obligations under this Agreement.

(b) Distributor agrees to indemnify and hold harmless each of ING Financial and
ING Life, the Nominee and each of their directors, officers, employees, agents and each
person, if any, who controls ING Financial and ING Life and the Nominee within the
meaning of the 1933 Act against any losses, claims, damages or liabilities to which ING
Financial or ING Life, the Nominee, or any such director, officer, employee, agent or
controlling person may become subject, insofar as such losses, claims, damages or
liabilities (or actions in respect thereof) (i) arise out of or are based upon any untrue
statement of any material fact contained in the registration statement, prospectus or sales
literature of the Funds or arise out of, or are based upon, the omission or the alleged
omission to state a material fact that is necessary to make the statements therein not
misleading or (ii) result from a breach of a material provision of this Agreement.
Distributor will reimburse any legal or other expenses reasonably incurred by ING
Financial or ING Life, the Nominee, or any such director, officer, employee, agent, or
controlling person in connection with investigation or defending any such loss, claim,
damage, liability or action; provided, however, that will not be liable for indemnification
hereunder to the extent that any such loss, claim, damage or liability arises out of, or is
based upon, the gross negligence or willful misconduct of ING Financial or ING Life, the
Nominee or their respective directors, officers, employees, agents, or any controlling
person herein defined in the performance of their obligations under this Agreement.

(c) Promptly after receipt by an indemnified party hereunder of notice of the
commencement of action, such indemnified party will, if a claim in respect thereof is to
be made against the indemnifying party hereunder, notify the indemnifying party of the
commencement thereof, but the omission so to notify the indemnifying party will not
relieve it from any liability that it may have to any indemnified party otherwise than
under this Section 12. In case any such action is brought against any indemnified party,
and it notifies the indemnifying party of the commencement thereof, the indemnifying

party will be entitled to participate therein and, to the extent that it may wish to, assume
the defense thereof, with counsel satisfactory to such indemnified party, and after notice
from the indemnifying party to such indemnified party of its election to assume the
defense thereof, the indemnifying party will not be liable to such indemnified party under
this Section 12 for any legal or other expenses subsequently incurred by such indemnified
party in connection with the defense thereof other than reasonable costs of investigation.

(d) Notwithstanding anything in this Agreement to the contrary, no party shall be
liable under this Agreement for any consequential, exemplary, punitive, special, indirect
losses or damages arising out of, pursuant to or in connection with this Agreement,
whether or not the possibility of such losses or damages was known to such party or its
affiliates. To avoid doubt, the parties agree that the immediately preceding sentence does not
limit either party's obligations under section 4(i)."

This section shall survive after termination of this agreement.

13. Representations and Warranties.

(a) Representations of ING Life. ING Life represents and warrants:

(i) that it (1) is a life insurance company organized under the laws of the
State of Connecticut, (2) is in good standing in that jurisdiction, (3) is in material
compliance with all applicable federal and state insurance laws, (4) is duly
licensed and authorized to conduct business in every jurisdiction where such
license or authorization is required, and will maintain such license or
authorization in effect at all times during the term of this Agreement, and (5) has
full authority to enter into this Agreement and carry out its obligations pursuant to
it terms; and

(ii) that it is authorized under the Plans to (1) provide administrative
services to the Plans and (2) facilitate transactions in the Fund through the
Account.

(b) Representations of ING Financial. ING Financial represents and warrants:

(i) that it (1) is a member in good standing of the FINRA, (2) is registered
as a broker-dealer with the SEC, and (3) will continue to remain in good standing
and be so registered during the term of this Agreement;

(ii) that it (1) is a limited liability company duly organized under the laws
of the State of Delaware , (2) is in good standing in that jurisdiction, (3) is in
material compliance with all applicable federal, state and securities laws, (4) is
duly registered and authorized to conduct business in every jurisdiction where
such registration or authorization is required, and will maintain such registration
or authorization in effect at all times during the term of this Agreement, and (5)
has full authority to enter into this Agreement and carry out its obligations
pursuant to the terms of this Agreement;

(iii) that it is authorized under the Plans to make available investments of
Plan assets in the name of the Nominee of each Plan or in the name of ING Life in
shares of investment companies or other investment vehicles specified by Plan
Representatives or Participants; and

(iv) that it will not, without the written consent of Distributor, make
representations concerning shares of the Funds except those contained in the then-
current prospectus and in the current printed sales literature approved by either the
Fund or Distributor.

(c) Representations of Distributor. Distributor represents and warrants:

(i) that the Funds (1) are duly organized under the laws of the various
states, (2) are in good standing in such jurisdictions. (3) are in material
compliance with all applicable federal, state and securities laws, and (4) are duly
licensed and authorized to conduct business in every jurisdiction where such
license or authorization is required;

(ii) that the shares of the Funds are registered under the 1933 Act, duly
authorized for issuance and sold in compliance with the laws of the States and all
applicable federal, state, and securities laws; that the Funds amend their
registration statements under the 1933 Act and the 1940 Act from time to time as
required or in order to effect the continuous offering of its shares; and that the
Funds have registered and qualified its shares for sale in accordance with the laws
of each jurisdiction where it is required to do so;

(iii) that the Funds are currently qualified as regulated investment
companies under Subchapter M of the Internal Revenue Code of 1986, as
amended, and will make every effort to maintain such qualification, and that
Distributor will notify ING Financial and ING Life immediately upon having a
reasonable basis for believing that any of the Funds have ceased to so qualify or
that any might not qualify in the future;

(iv) that Distributor (1) is a member in good standing of the FINRA, (2) is
registered as a broker-dealer with the SEC, and (3) will continue to remain in
good standing and be so registered during the term of this Agreement; and

(v) that Distributor (1) is a corporation duly organized under the laws of
the State of Washington, (2) is in good standing in that jurisdiction, (3) is in
material compliance with all applicable federal, state, and securities laws, (4) is
duly registered and authorized in every jurisdiction where such license or
registration is required, and will maintain such registration or authorization in
effect at all times during the term of this Agreement, and (5) has full authority to
enter into this Agreement and carry out its obligations pursuant to the terms of
this Agreement

14. Governing Law.

This Agreement and all the rights and obligations of the parties shall be governed
by and construed under the laws of the State of Connecticut to the extent such law is not
superseded by federal law without giving effect to the principles of conflicts of laws and
the provisions shall be continuous.

15. Miscellaneous.

(a) Amendment and Waiver. Neither this Agreement nor any provision hereof
may be amended, waived, discharged or terminated orally, but only by an instrument in
writing signed by all parties hereto.

(b) Anti-Money Laundering. Each of the parties to this Agreement have
established and maintain programs, policies and procedures as required by federal, state
or local law to detect and prevent money laundering. Each party shall cooperate with the
others to the extent required by law to facilitate implementation of each other’s anti-
money laundering (AML) program, which may include annual AML compliance
certifications, periodic AML due diligence reviews and/or other requests deemed
necessary to ensure compliance with the AML regulations.

(c) Restrictions on “Excessive Trading.” The Funds have adopted policies
designed to prevent frequent purchases and redemptions of any Fund shares in quantities
great enough to disrupt orderly management of the corresponding Fund’s investment
portfolio. ING Life has adopted its own excessive trading policy. ING Life has recently
modified its excessive trading policy. A copy of such modified policy is attached as
Exhibit II (the “Policy”). This Policy became effective and operational on October 16,
2007. The Company does not monitor trading in fund shares on behalf of, or in
accordance with disclosed policies of, any fund groups; however, ING Life monitors
individual Participant and Contract owner trading in accordance with its Policy. ING Life
will use its best efforts, and shall reasonably cooperate with the Distributor and the Funds
will execute any instructions from the Distributor or the Funds to restrict or prohibit
further purchases or exchanges of Fund shares by an individual Participant or Contract
owner who has been identified by the Distributor or the Funds as having engaged in
transactions in Fund shares that violate market timing policies established by the Funds.
The parties shall use their best efforts, and shall reasonably cooperate with each other to
prevent future market timing and frequent trading. Additionally, the parties entered into
a separate shareholder information agreement of even date herewith and effective as of
the date of siging. ING Life agrees to provide to the Funds certain shareholder identity
and transaction information upon the Fund’s request as provided by the shareholder
information agreement executed by both parties. ING Life agrees to continue to monitor
and deter excessive trading in the Funds which are available through ING Life’s variable
products in accordance with ING Life’s modified excessive trading policy which is
attached to and made part of said shareholder information agreement.

(d) Notices. All notices and other communications hereunder shall be given or
made in writing and shall be delivered personally, or sent by telex, facsimile, express
delivery or registered or certified mail, postage prepaid, return receipt requested, to the
party or parties to whom they are directed at the following address, or at such other
addresses as may be designated by notice from such party to all other parties.

To ING Financial/ING:

ING Financial Advisers, LLC/ING Life Insurance and Annuity Company
Xxx Xxxxxx Xxx, X0X
Xxxxxxx, XX 00000-0000
Attention: Xxxxxxx Xxxxxxxx (000) 000-0000
Worksite Investment Products

To Distributor:
Saturna Brokerage Serivces
0000 X. Xxxxx Xxxxxx
Xxxxxxxxxx, XX 00000
Attention: Xxxxxx X. XxXxxxxxx (000) 000-0000 x 000

Any notice, demand or other communication given in a manner prescribed in this
Subsection (d) shall be deemed to have been delivered on receipt.

(e) Successors and Assigns. This Agreement shall be binding upon and inure to
the benefit of the parties hereto and their respective permitted successors and assigns.

(f) Counterparts. This Agreement may be executed in any number of
counterparts, all of which taken together shall constitute one agreement, and any party
hereto may execute this Agreement by signing any such counterpart.

(g) Severability. In case any one or more of the provisions contained in this
Agreement should be invalid, illegal or unenforceable in any respect, the validity, legality
and enforceability of the remaining provisions contained herein shall not in any way be
affected or impaired thereby.

(h) Entire Agreement. This Agreement including any Exhibits attached hereto
and apart hereof, constitutes the entire agreement and understanding between the parties
hereto relating to the subject matter hereof, and supersedes all prior agreement and
understandings relating to such subject matter.

(i) Neither party shall be responsible under this Agreement for any delay or
failure to perform its duties, and shall not be liable hereunder for any loss or damage in
association with such delay or failure to perform, for or in consequence of any
circumstance or event which is beyond the reasonable control of the affected party and
which adversely affects the performance by the affected party of its obligations
hereunder, including any event caused by, arising out of or involving (a) an act of God,

(b) accident, fire, water damage or explosion, (c) any computer, system or other
equipment failure or malfunction caused by any computer virus or the malfunction or
failure of any communications medium, (d) any interruption of the power supply or other
utility service, (e) any strike or other work stoppage, whether partial or total, or (f) any
other cause similarly beyond the reasonable control of the affected party.

IN WITNESS WHEREOF, the undersigned have executed this Agreement by
their duly authorized officers as of the date first written above.

ING LIFE INSURANCE AND ANNUITY COMPANY

By /s/ Xxxxxxx X. Xxxxxxxx

Name Xxxxxxx X. Xxxxxxxx

Title Vice President

ING FINANCIAL ADVISERS, LLC

By /s/ Xxxxx X. Xxxxxx

Name Xxxxx X. Xxxxxx

Title V.P.B.D. Operations

SATURNA BROKERAGE SERVICES, INC.

By /s/ Xxxxxx X. XxXxxxxxx

Name Xxxxxx X. XxXxxxxxx

Title CFO

Schedule A

For any additional separate accounts

                                                             EXHIBIT I
                                                                    to
                SELLING AND SERVICES AGREEMENT and FUND PARTICIPATION
                                                         AGREEMENT

                      Procedures for Pricing and Order/Settlement Through National Securities Clearing
                        Corporation’s Mutual Fund Profile System and Mutual Fund Settlement, Entry and
                                                           Registration Verification System

1. As provided in Section 4 of the Selling and Services Agreement and Fund

Participation Agreement, the parties hereby agree to provide pricing information, execute

orders and wire payments for purchases and redemptions of Fund shares through National

Securities Clearing Corporation (“NSCC”) and its subsidiary systems as follows:

(a) Distributor or the Funds will furnish to ING Financial or its affiliate through NSCC’s

Mutual Fund Profile System (“MFPS”) as well as via fax directly to ING at 860-580-

0413 (1) the most current net asset value information for each Fund, (2) a schedule of

anticipated dividend and distribution payment dates for each Fund, which is subject to

change without prior notice, ordinary income and capital gain dividend rates on the

Fund’s ex-date, and (3) in the case of fixed income funds that declare daily dividends,

the daily accrual or the interest rate factor. All such information shall be furnished to

ING Financial or its affiliate by 6:30 p.m. Eastern Time on each business day that the

Fund is open for business (each a “Business Day”). Changes in pricing information

will be communicated to both NSCC and ING Financial or its affiliate.

(b) Upon receipt of Fund purchase, exchange and redemption instructions for acceptance

as of the time at which a Fund’s net asset value is calculated as specified in such

Fund’s prospectus (“Close of Trading”) on each Business Day (“Instructions”), and

upon its determination that there are good funds with respect to Instructions involving

the purchase of Shares, ING Financial or its affiliate will calculate the net purchase or

redemption order for each Fund. Orders for net purchases or net redemptions derived

from Instructions received by ING Financial or its affiliate prior to the Close of

Trading on any given Business Day will be sent to the Defined Contribution Interface

of NSCC’s Mutual Fund Settlement, Entry and Registration Verification System

(“Fund/SERV”) by 5:00 a.m. Eastern Time on the next Business Day. Subject to

ING Financial’s or its affiliate’s compliance with the foregoing, ING Financial or its

affiliate will be considered the agent of the Distributor and the Funds, and the

Business Day on which Instructions are received by ING Financial or its affiliate in

proper form prior to the Close of Trading will be the date as of which shares of the

Funds are deemed purchased, exchanged or redeemed pursuant to such Instructions.

Instructions received in proper form by ING Financial or its affiliate after the Close of

Trading on any given Business Day will be treated as if received on the next

following Business Day. Dividends and capital gains distributions will be

automatically reinvested at net asset value in accordance with the Fund’s then current

prospectuses.

(c)	ING Financial or its affiliate will wire payment for net purchase orders by the Fund’s NSCC Firm Number, in immediately available funds, to an NSCC settling bank account designated by ING Financial or its affiliate no later than 5:00 p.m. Eastern time on the same Business Day such purchase orders are communicated to NSCC.

	For purchases of shares of daily dividend accrual funds, those shares will not begin to accrue dividends until the day the payment for those shares is received.

(d)	NSCC will wire payment for net redemption orders by Fund, in immediately available funds, to an NSCC settling bank account designated by ING Financial or its affiliate, by 5:00 p.m. Eastern Time on the Business Day such redemption orders are communicated to NSCC, except as provided in a Fund’s prospectus and statement of additional information.

(e)	With respect to (c) or (d) above, if Distributor does not send a confirmation of ING Financial’s or its affiliate’s purchase or redemption order to NSCC by the applicable deadline to be included in that Business Day’s payment cycle, payment for such purchases or redemptions will be made the following Business Day.

(f)	If on any day ING Financial or its affiliate or Distributor is unable to meet the NSCC deadline for the transmission of purchase or redemption orders, it may at its option transmit such orders and make such payments for purchases and redemptions directly to Distributor or to ING Financial or its affiliate, as applicable, as is otherwise provided in Section 4 of the Agreement.

(g)	These procedures are subject to any additional terms in each Fund’s prospectus and the requirements of applicable law. The Funds reserve the right, at their discretion and without notice, to suspend the sale of shares or withdraw the sale of shares of any Fund.

2. ING Financial or its affiliate, Distributor and clearing agents (if applicable) are each
required to have entered into membership agreements with NSCC and met all
requirements to participate in the MFPS and Fund/SERV systems before these
procedures may be utilized. Each party will be bound by the terms of their membership
agreement with NSCC and will perform any and all duties, functions, procedures and
responsibilities assigned to it and as otherwise established by NSCC applicable to the
MFPS and Fund/SERV system and the Networking Matrix Level utilized.

3. Except as modified hereby, all other terms and conditions of the Agreement shall
remain in full force and effect. Unless otherwise indicated herein, the terms defined in the
Agreement shall have the same meaning as in this Exhibit.

EXHIBIT II

ING Excessive Trading Policy (the “Policy”) as of October 16, 2007

The ING family of insurance companies (“ING”), as providers of multi-fund variable
insurance and retirement products, has adopted this Excessive Trading Policy to respond
to the demands of the various fund families which make their funds available through our
variable insurance and retirement products to restrict excessive fund trading activity and
to ensure compliance with Section 22c-2 of the Investment Company Act of 1940, as
amended. ING’s current definition of Excessive Trading and our policy with respect to
such trading activity is outlined below.

1.	ING actively monitors fund transfer and reallocation activity within its variable insurance and retirement products to identify Excessive Trading.

	ING currently defines Excessive Trading as:

	a.	More than one purchase and sale of the same fund (including money market funds) within a 60 calendar day period (hereinafter, a purchase and sale of the same fund is referred to as a “round-trip”). This means two or more round- trips involving the same fund within a 60 calendar day period would meet ING’s definition of Excessive Trading; or

	b.	Six round-trips within a twelve month period.

	The following transactions are excluded when determining whether trading activity is excessive:

	a.	Purchases or sales of shares related to non-fund transfers (for example, new purchase payments, withdrawals and loans);

	b.	Transfers associated with scheduled dollar cost averaging, scheduled rebalancing or scheduled asset allocation programs;

	c.	Purchases and sales of fund shares in the amount of $5,000 or less;

	d.	Purchases and sales of funds that affirmatively permit short-term trading in their fund shares, and movement between such funds and a money market fund; and

	e.	Transactions initiated by a member of the ING family of insurance companies.

2.	If ING determines that an individual has made a purchase of a fund within 60 days of a prior round-trip involving the same fund, ING will send them a letter warning that another sale of that same fund within 60 days of the beginning of the prior round-trip will be deemed to be Excessive Trading and result in a six month suspension of their ability to initiate fund transfers or reallocations through the Internet, facsimile, Voice Response Unit (VRU), telephone calls to the ING Customer Service Center, or other electronic trading medium that ING may make available from time to time (“Electronic Trading Privileges”). Likewise, if ING determines that an individual has made five

	round-trips within a twelve month period, ING will send them a letter warning that another purchase and sale of that same fund within twelve months of the initial purchase in the first round-trip in the prior twelve month period will be deemed to be Excessive Trading and result in a six month suspension of their Electronic Trading Privileges. According to the needs of the various business units, a copy of the warning letters may also be sent, as applicable, to the person(s) or entity authorized to initiate fund transfers or reallocations, the agent/registered representative or investment adviser for that individual. A copy of the warning letters and details of the individual’s trading activity may also be sent to the fund whose shares were involved in the trading activity.

3.	If ING determines that an individual has used one or more of its products to engage in Excessive Trading, ING will send a second letter to the individual. This letter will state that the individual’s Electronic Trading Privileges have been suspended for a period of six months. Consequently, all fund transfers or reallocations, not just those which involve the fund whose shares were involved in the Excessive Trading activity, will then have to be initiated by providing written instructions to ING via regular U.S. mail. During the six month suspension period, electronic “inquiry only” privileges will be permitted where and when possible. A copy of the letter restricting future transfer and reallocation activity to regular U.S. mail and details of the individual’s trading activity may also be sent to the fund whose shares were involved in the Excessive Trading activity.

4.	Following the six-month suspension period during which no additional Excessive Trading is identified, Electronic Trading Privileges may again be restored. ING will continue to monitor the fund transfer and reallocation activity, and any future Excessive Trading will result in an indefinite suspension of the Electronic Trading Privileges. Excessive Trading activity during the six month suspension period will also result in an indefinite suspension of the Electronic Trading Privileges.

5.	ING reserves the right to limit fund trading or reallocation privileges with respect to any individual, with or without prior notice, if ING determines that the individual’s trading activity is disruptive, regardless of whether the individual’s trading activity falls within the definition of Excessive Trading set forth above. Also, ING’s failure to send or an individual’s failure to receive any warning letter or other notice contemplated under this Policy will not prevent ING from suspending that individual’s Electronic Trading Privileges or taking any other action provided for in this Policy.

6.	Each fund available through ING’s variable insurance and retirement products, either by prospectus or stated policy, has adopted or may adopt its own excessive/frequent trading policy. ING reserves the right, without prior notice, to implement restrictions and/or block future purchases of a fund by an individual who the fund has identified

as violating its excessive/frequent trading policy. All such restrictions and/or
blocking of future fund purchases will be done in accordance with the directions ING
receives from the fund.

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