October 31, 2008
Exhibit 99.B(d)(1)(i)
October 31, 2008
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Pursuant to the Amended Investment Management Agreement dated April 1, 2004 between ING Variable Portfolios, Inc. and ING Investments, LLC (the “Agreement”) we hereby notify you of our intention to retain you as Manager to render investment advisory services to ING U.S. Government Money Market Portfolio (the “Portfolio”), effective October 31, 2008, a series of ING Variable Portfolios, Inc. Upon your acceptance, the Agreement will be modified to give effect to the foregoing as indicated on the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual investment management fees indicated for the Portfolio, is attached hereto.
Please signify your acceptance to act as Manager for the Portfolio by signing below where indicated.
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Very sincerely, |
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/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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ING Variable Portfolios, Inc. |
ACCEPTED AND AGREED TO:
ING Investments, LLC
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By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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0000 X. Xxxxxxxxxx Xxxxx Xx. |
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Tel: 000-000-0000 |
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ING Variable Portfolios, Inc. |
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Scottsdale, AZ 00000-0000 |
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Fax: 000-000-0000 |
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xxx.xxxxxxxx.xxx |
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AMENDED SCHEDULE A
with respect to the
AMENDED INVESTMENT MANAGEMENT AGREEMENT
between
ING VARIABLE PORTFOLIOS, INC.
and
ING INVESTMENTS, LLC
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Series |
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Effective Date |
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Annual Investment |
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(as a percentage of average daily |
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ING BlackRock Global Science and Technology Portfolio |
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0.95% |
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ING Global Equity Option Portfolio |
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August 20, 2008 |
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0.10% on all assets |
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ING International Index Portfolio |
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March 4, 2008 |
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0.38% on all assets |
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ING Xxxxxx Brothers U.S. Aggregate Bond Index Portfolio |
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March 4, 2008 |
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0.32% on all assets |
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ING Morningstar U.S. Growth Index Portfolio |
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April 28, 2008 |
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0.31% on all assets |
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ING Opportunistic LargeCap Growth Portfolio |
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0.60% |
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ING Opportunistic LargeCap Value Portfolio |
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0.60% |
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ING Xxxxxxx™ Global Large Cap Index 85% Portfolio |
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August 20, 2008 |
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0.46% on all assets |
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ING Xxxxxxx™ Large Cap Index Portfolio |
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March 4, 2008 |
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0.25% on all assets |
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ING Xxxxxxx™ Mid Cap Index Portfolio |
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March 4, 2008 |
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0.31% on all assets |
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ING Xxxxxxx™ Small Cap Index Portfolio |
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March 4, 2008 |
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0.33% on all assets |
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ING U.S. Government Money Market Portfolio |
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October 31, 2008 |
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0.35% on first $1 billion |
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ING VP Index Plus LargeCap Portfolio |
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0.35% |
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ING VP Index Plus MidCap Portfolio |
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0.40% |
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ING VP Index Plus SmallCap Portfolio |
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0.40% |
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ING VP Small Company Portfolio |
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0.75% |
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ING WisdomTreeSM Global High-Yielding Equity Index Portfolio |
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January 16, 2008 |
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0.46% on all assets |
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