August 1, 2010 ING Funds Trust
Exhibit 99.B(m)(1)(i)
August 1, 2010
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, Arizona 85258
Re: Reduction in Fee Payable under the Second Amended and Restated Distribution Plan for Class A Shares
Ladies and Gentlemen:
Pursuant to our letter agreement dated August 1, 2009 with regard to ING Classic Money Market Fund, a series of ING Funds Trust (the “Fund”), we have waived a portion of the distribution fee payable to us under the Distribution Plan for Class A Shares of the Fund, through a reduction in the distribution fee of up to 0.40% of the average daily net assets of the Fund, as necessary in connection with the Amended and Restated Expense Limitation Agreement dated February 1, 2005, as amended, with respect to the Fund, for the period from January 20, 2006 through August 1, 2010.
By this letter, we agree to continue to waive this portion of the distribution fee for the period from August 1, 2010 through and including August 1, 2011.
Please indicate your agreement to this arrangement by executing below in the place indicated.
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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 Funds Distributor, LLC |
Agreed and Accepted:
(on behalf of the Fund)
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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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 Funds Distributor, LLC |
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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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