Exhibit 99.B-(h)(1)(iii)
[ING FUNDS LOGO]
December 1, 2004
Xxxxxxx X. Xxxxxx
Executive Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Xxxxxxxxxx, XX 00000
Dear Xx. Xxxxxx:
Pursuant to the Administrative Services Agreement dated November 19, 2003,
between ING Partners, Inc. and ING Funds Services, LLC (the "Agreement") we
hereby notify you of our intention to (1) retain you as Administrator to render
administrative and other services to ING Solution 2015 Portfolio, ING Solution
2025 Portfolio, ING Solution 2035 Portfolio, ING Solution 2045 Portfolio, and
ING Solution Income Portfolio, five newly established series of ING Partners,
Inc. (the "New Funds"), and (2) modify the annual administrative services fees
for ING American Century Select Portfolio, ING Xxxxxxxxxxx Global Portfolio, ING
X. Xxxx Price Diversified Mid Cap Growth Portfolio, and ING Xxx Xxxxxx Equity
and Income Portfolio, 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 New Funds to and lowering the annual
administrative services fees on AMENDED SCHEDULE A and AMENDED SCHEDULE B of the
Agreement. The AMENDED SCHEDULE A and AMENDED SCHEDULE B are attached hereto.
AMENDED SCHEDULE A and AMENDED SCHEDULE B were also updated to reflect name
changes of ING Xxxxx Aggressive Growth Portfolio to ING X. Xxxx Price
Diversified Mid Cap Growth Portfolio, ING Xxxxx Capital Appreciation Portfolio
to ING Salomon Brothers Large Cap Growth Portfolio, ING Xxxxx Growth Portfolio
to ING American Century Select Portfolio, ING MFS Global Growth Portfolio to ING
Xxxxxxxxxxx Global Portfolio and ING UBS U.S. Allocation Portfolio to ING Xxx
Xxxxxx Equity and Income Portfolio.
Please signify your acceptance to act as Administrator under the Agreement
with respect to the aforementioned New Funds.
Very sincerely,
Xxxxxx X. Xxxxxxxxxxx
Vice President
ING Partners, Inc.
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By: /s/ Xxxxxxx X. Xxxxxx
---------------------------
Xxxxxxx X. Xxxxxx
Executive Vice President
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Partners, Inc.
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
SERIES OF ING PARTNERS, INC.
ING Fidelity(R) VIP Mid Cap Portfolio
ING Xxxxxxx Xxxxx(R) Capital Growth Portfolio
ING Xxxxxxx Xxxxx(R) Core Equity Portfolio
ING JPMorgan Xxxxxxx International Portfolio
ING JPMorgan Mid Cap Value Portfolio
ING MFS Capital Opportunities Portfolio
ING OpCap Balanced Value Portfolio
ING Xxxxxxxxxxx Global Portfolio
ING Xxxxxxxxxxx Strategic Income Portfolio
ING PIMCO Total Return Portfolio
ING Salomon Brothers Aggressive Growth Portfolio
ING Salomon Brothers Fundamental Value Portfolio
ING Salomon Brothers Investors Value Portfolio
ING Salomon Brothers Large Cap Growth Portfolio
ING Solution 2015 Portfolio
ING Solution 2025 Portfolio
ING Solution 2035 Portfolio
ING Solution 2045 Portfolio
ING Solution Income Portfolio
ING X. Xxxx Price Diversified Mid Cap Growth Portfolio
ING X. Xxxx Price Growth Equity Portfolio
ING UBS U.S. Large Cap Equity Portfolio
XXX Xxx Xxxxxx Xxxxxxxx Portfolio
ING Xxx Xxxxxx Equity and Income Portfolio
