EXHIBIT (h)(28)
FORM OF AMENDED SCHEDULE A
WITH RESPECT TO THE
AMENDED AND RESTATED
EXPENSE LIMITATION AGREEMENT
BY AND BETWEEN
ING INVESTMENTS, LLC,
AELTUS INVESTMENT MANAGEMENT, INC.
AND
ING EQUITY TRUST
OPERATING EXPENSE LIMITS
This Agreement relates to the following Funds:
GUARANTEE MAXIMUM OPERATING EXPENSE LIMIT
NAME OF FUND MATURITY DATE (AS A PERCENTAGE OF AVERAGE NET ASSETS)*
------------ ------------- ----------------------------------------
Class A Class B Class C Class Q
------- ------- ------- -------
ING Principal Protection Fund October 11, 2006 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund II January 31, 2007 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund III June 5, 2007 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund IV October 8, 2007 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund V January 22, 2008 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund VI April 22, 2008 1.75% 2.50% 2.50% 1.75%
ING Principal Protection Fund VII** July 15, 2008 1.75% 2.50% 2.50% 1.75%
----
HE
Approved by the Board of Trustees on May 9, 2001 for ING Principal Protection
Fund; on November 2, 2001 for ING Principal Protection Fund II; on February 26,
2002 for ING Principal Protection Fund III; on May 24, 2002 for ING Principal
Protection Fund IV; on August 20, 2002 for ING Principal Protection
----------
* Effective through to the Guarantee Maturity Date, thereafter this limit is
subject to change if the Agreement is extended as contemplated in
paragraph 4 and 5.4.
** This Amended Schedule A will be effective with respect to this Fund upon
the effective date of the post-effective amendment to the Trust's
Registration Statement with respect to the Fund.
Fund V; and on November 22, 2002 for ING Principal Protection Fund VI and ING
Principal Protection Fund VII.
IN WITNESS WHEREOF, the undersigned have caused this amendment to be executed as
of _____________________________________.
ING INVESTMENTS, LLC
_______________________________
Name: Xxxxxxx X. Xxxxxx
Title: Executive Vice President
AELTUS INVESTMENT MANAGEMENT, INC.
_______________________________
Name: ________________________
Title: ________________________
ING EQUITY TRUST
_______________________________
Name: Xxxxxx X. Xxxx
Title: Senior Vice President
