June 11, 2008 Michael Gioffre Senior Vice President ING Investment Management Co.
Exhibit 99.B(d)(2)(v)
June 11, 2008
Xxxxxxx Xxxxxxx
Senior Vice President
ING Investment Management Co.
00 Xxxxx Xxxxx Xxxxxx
Hartford, CT 06103-3607
Dear Xx. Xxxxxxx:
Pursuant to the Sub-Advisory Agreement dated March 1, 2002 between ING Investments, LLC and ING Investment Management Co., as amended (the “Agreement”), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING Corporate Leaders 100 Fund (the “Fund”), a series of ING Series Fund, Inc., effective June 11, 2008, 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 Fund to the Amended and Restated Schedule A of the Agreement. The Amended and Restated Schedule A, with the annual sub-advisory fees indicated for the series, is attached hereto.
The Amended and Restated Schedule A has also been updated to reflect: 1) the name change of ING Global Income Builder into ING Global Target Payment Fund, 2) the removal of ING Growth Fund because this fund recently merged into ING Opportunistic LargeCap Fund, and ING International Equity Fund because this fund recently merged into ING Index Plus International Equity Fund, and 3) the updated sub-advisory fees for ING Strategic Allocation Conservative Fund, ING Strategic Allocation Growth Fund and ING Strategic Allocation Moderate Fund as reflected in the Fourth Amendment to the Sub-Advisory Agreement.
Please signify your acceptance to act as Sub-Adviser for the Fund by signing below where indicated.
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Very sincerely, |
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/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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ING Investments, LLC |
ACCEPTED AND AGREED TO:
ING Investment Management Co.
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By: |
/s/ Xxxxxx Xxxxxx |
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Name: |
Xxxxxx Xxxxxx |
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Title: |
SVP Head of Corp. Finance, Duly Authorized |
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0000 X. Xxxxxxxxxx Xxxxx Xx. |
Tel: 000-000-0000 |
ING Investments, LLC |
AMENDED AND RESTATED SCHEDULE A
with respect to the
SUB-ADVISORY AGREEMENT
between
ING INVESTMENTS, LLC
and
ING INVESTMENT MANAGEMENT CO.
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Series |
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Effective Date |
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Annual Sub-Advisory Fee |
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Brokerage Cash Reserves |
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0.090% on first $1 billion |
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ING 130/30 Fundamental Research Fund |
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0.360% on first $500 million |
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ING Balanced Fund |
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0.338% on first $500
million |
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ING Corporate Leaders 100 Fund |
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June 11, 2008 |
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0.180% on all assets |
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ING Global Target Payment Fund |
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August 15, 2008 |
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0.036% |
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ING Growth and Income Fund |
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0.3150% on first $250 million |
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ING Index Plus LargeCap Fund |
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0.203% on first $500 million |
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ING Index Plus MidCap Fund |
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0.203% on first $500 million |
2
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Series |
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Effective Date |
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Annual Sub-Advisory Fee |
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ING Index Plus SmallCap Fund |
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0.203% on first $500 million |
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ING Money Market Fund |
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0.180% on first $500 million |
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ING Small Company Fund |
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0.383% on first $250 million |
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ING Strategic Allocation Conservative Fund |
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Direct
Investments |
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Underlying
Funds |
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ING Strategic Allocation Growth Fund |
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Direct
Investments |
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Underlying Funds |
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ING Strategic Allocation Moderate Fund |
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Direct
Investments |
3
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Series |
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Effective Date |
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Annual Sub-Advisory Fee |
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Underlying
Funds |
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ING Tactical Asset Allocation Fund |
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March 5, 2008 |
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0.2025% on all assets |
4
