May 1, 2009 Todd Modic Senior Vice President ING Funds Services, LLC
Exhibit (h)(1)(i)
May 1, 2009
Xxxx Xxxxx
Senior Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Administration Agreement dated April 1, 2002, between ING Variable Portfolios, Inc. and ING Funds Services, LLC (the “Agreement”), we hereby notify you of our intention to retain you as Administrator to render administrative and other services to ING Xxxxxxx™ Large Cap Growth Index Portfolio, ING Xxxxxxx™ Large Cap Value Index Portfolio, ING Xxxxxxx™ Mid Cap Growth Index Portfolio, and ING Hang Seng Index Portfolio, each a newly established series of ING Variable Portfolio, Inc. (collectively, the “Portfolios”), effective May 1, 2009, 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 Portfolios to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual administration fees indicated for the Portfolios, is attached hereto.
The Amended Schedule A has also been updated to reflect the name change of ING BlackRock Global Science and Technology Portfolio to ING BlackRock Global Science and Technology Opportunities Portfolio, the name change of ING Xxxxxx Brothers U.S. Aggregate Bond Index® Bond Portfolio to ING U.S. Bond Index Portfolio, the name change of ING Opportunistic LargeCap Value Portfolio to ING Opportunistic LargeCap Portfolio, the name change of ING Xxxxxxx™ Global Large Cap Index 85% Portfolio to ING Xxxxxxx™ Global Large Cap Index 75% Portfolio, the name change of ING VP Index Plus LargeCap Portfolio to ING Index Plus LargeCap Portfolio, the name change of ING VP Index Plus MidCap Portfolio to ING Index Plus MidCap Portfolio, the name change of ING VP Index Plus SmallCap Portfolio to ING Index Plus SmallCap Portfolio, and the name change of ING VP Small Company Portfolio to ING Small Company Portfolio.
Please signify your acceptance to act as Administrator under the Agreement with respect to the Portfolios.
Very sincerely, |
/s/ Xxxxxxxx X. Xxxxxxxx |
Xxxxxxxx X. Xxxxxxxx |
Senior Vice President |
ING Variable Portfolios, Inc. |
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By: | /s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
TING Variable Portfolios, Inc. |
AMENDED SCHEDULE A
with respect to the
between
ING VARIABLE PORTFOLIOS, INC.
And
ING FUNDS SERVICES, LLC
Administrative Services Fee | ||
Series | (as a percentage of managed assets) | |
ING BlackRock Global Science and Technology Opportunities Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING Global Equity Option Portfolio |
0.10% | |
ING Hang Seng Index Portfolio |
0.10% | |
ING Index Plus LargeCap Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING Index Plus MidCap Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING Index Plus SmallCap Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING International Index Portfolio |
0.10% | |
ING Morningstar U.S. Growth Index Portfolio |
0.10% | |
ING Opportunistic LargeCap Growth Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING Opportunistic LargeCap Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING Xxxxxxx™ Global Large Cap Index 75% Portfolio |
0.10% | |
ING Xxxxxxx™ Large Cap Growth Index Portfolio |
0.10% | |
ING Xxxxxxx™ Large Cap Value Index Portfolio |
0.10% | |
ING Xxxxxxx™ Mid Cap Growth Index Portfolio |
0.10% |
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ING Xxxxxxx Large Cap Index Portfolio |
0.10% | |
ING Xxxxxxx™ Mid Cap Index Portfolio |
0.10% | |
ING Xxxxxxx™ Small Cap Index Portfolio |
0.10% | |
ING Small Company Portfolio |
.055% on the 1st $5 billion .030% over $5 billion | |
ING U.S. Bond Index Portfolio |
0.10% | |
ING U.S. Government Money Market Portfolio |
0.10% | |
ING WisdomTreeSM Global High-Yielding Equity Index Portfolio | 0.10% |
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