Directed Services LLC
Exhibit (e)(6)
Directed
Services LLC
0000
Xxxxxxxx Xxxxx, Xxxx Xxxxxxx, XX 00000
September
6, 2009
0000
X. Xxxxxxxxxx Xxxxx Xx.
Xxxxxxxxxx,
XX 00000
Ladies
and Gentlemen:
Pursuant
to the Portfolio Management Agreement dated April 29, 2005, among Pioneer
Investment Management, Inc., ING Investors Trust and Directed Services LLC,
(the
“Portfolio Management Agreement”) the sub-advisory fee for ING Pioneer Mid Cap
Value Portfolio (the “Portfolio”) was reduced to be effective on September 6,
2008.
By
our execution of this letter agreement, we hereby notify you of our intention to
lower the annual investment management fee for the Portfolio with a
corresponding reduction (the
“Reduction”), subject to shareholder approval of the reorganization of ING Xxxxx
Fargo Disciplined Value Portfolio with and into the Portfolio (the
“Reorganization”), for the period from September 6, 2009 through and including
May 1, 2010. The Reduction shall be calculated as
follows:
The
Reduction is calculated as follows:
Reduction
= 50% x (the savings to Directed Services LLC from the September 6, 2008 expense
reduction)
Please
indicate your agreement to these Reductions by executing below in the place
indicated.
|
Very
sincerely,
|
|
|
/s/
Xxxx Xxxxx
|
|
|
Xxxx
Xxxxx
|
|
|
Vice
President
|
|
|
Directed
Services LLC
|
Agreed
and Accepted:
(on
behalf of the Portfolio)
|
By:
|
/s/ Xxxxxxxx X.
Xxxxxxxx
|
|
Xxxxxxxx
X. Xxxxxxxx
|
|
|
Senior
Vice President
|
