RULE 22C-2 AGREEMENT

Exhibit 99-B.8.60
RULE 22C-2 AGREEMENT
This AGREEMENT, dated no later than April 16, 2007, is effective as of the 16th day of
October, 2007, between Allianz Global Investors Distributors LLC (the “Fund”) as principal
underwriter for each of the funds listed on the attached Schedule A (the “Funds”) and ING Life
Insurance and Annuity Company, ING National Trust, ING USA Annuity and Life Insurance
Company, ReliaStar Life Insurance Company, ReliaStar Life Insurance Company of New York,
Security Life of Denver Insurance Company and Systematized Benefits Administrators Inc.
(individually an “Intermediary” and collectively the “Intermediaries”).
WHEREAS, the Funds are available through the variable annuity, variable life insurance and
variable retirement products which the Intermediaries offer (individually, a “Variable Product”
and collectively the “Variable Products”), and
WHEREAS, the parties desire to otherwise comply with the requirements under Rule 22c-2 of
the Investment Company Act of 1940, as amended (“Rule 22c-2”).
NOW, THEREFORE, in consideration of the mutual covenants herein contained, which
consideration is full and complete, the Fund and the Intermediaries hereby agree as follows:
A.	Agreement to Provide Shareholder Information.
	1.	Each Intermediary agrees to provide the Fund, upon written request, the following
shareholder information involving the Funds:
		a.	The taxpayer identification number (“TIN”) or any other government
			issued identifier, if known, that would provide acceptable assurances of
			the identity of each shareholder that has purchased, redeemed, transferred
			or exchanged shares of a Fund through an account directly maintained by
			the Intermediaries during the period covered by the request;
		b.	The amount and dates of, and the Variable Product(s) associated with,
			such shareholder purchases, redemptions, transfers and exchanges; and
		c.	Any other data mutually agreed upon in writing.
	2.	Unless otherwise specifically requested by the Fund, the Intermediaries shall only
be required to provide information relating to Shareholder-Initiated Transfer Purchases or
Shareholder-Initiated Transfer Redemptions. The term “Shareholder-Initiated Transfer
Purchase” means a transaction that is initiated or directed by an owner of a Variable Product that
results in a transfer of assets within a Variable Product to a Fund, but does not include
transactions that are executed: (i) automatically pursuant to a contractual or systematic program
or enrollment such as transfer of assets within a Variable Product to a Fund as a result of “dollar
cost averaging” programs, insurance company approved asset allocation programs, or automatic
rebalancing programs; (ii) pursuant to a Variable Product death benefit; (iii) one-time step-up in
contract value pursuant to a Variable Product death benefit; (iv) allocation of assets to a Fund
through a Variable Product as a result of payments such as loan repayments, scheduled
contributions, retirement plan salary reduction contributions, or premium payments to the

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Variable Product; or (v) pre-arranged transfers at the conclusion of a required free look period.
The term “Shareholder-Initiated Transfer Redemption” means a transaction that is initiated or
directed by an owner of a Variable Product that results in a transfer of assets within a Variable
Product out of a Fund, but does not include transactions that are executed: (i) automatically
pursuant to a contractual or systematic program or enrollments such as transfers of assets within
a Variable Product out of a Fund as a result of annuity payouts, loans, systematic withdrawal
programs, “dollar cost averaging” programs, insurance company approved asset allocation
programs, or automatic rebalancing programs; (ii) as a result of any deduction of charges or fees
under a Variable Product; (iii) within a Variable Product out of a Fund as a result of scheduled
withdrawals or surrenders from a Variable Product; (iv) as a result of payment of a death benefit
from a Variable Product.
	3.	Requests to provide shareholder information shall set forth the specific period for
which transaction information is sought. However, unless otherwise agreed to by the
Intermediaries, any such request will not cover a period of more than 90 consecutive calendar
days from the date of the request.
	4.	Each Intermediary agrees to provide the requested shareholder information
promptly upon receipt of the request, but in no event later than 15 business days after receipt of
such request, provided that such information resides in its books and records. If shareholder
information is not on the Intermediary’s books and records, the Intermediary agrees to use best
efforts to obtain and transmit or have transmitted the requested information from the holder of
the account.
B.	Agreement to Restrict Trading.
	1.	Each Intermediary agrees to execute written instructions from the Fund to restrict
or prohibit further purchases or exchanges involving Fund shares by a shareholder who has been
identified by the Fund as having engaged in transactions in shares of a Fund (through an account
directly maintained by the Intermediary) that violate the policies and procedures established by
the Funds for the purposes of eliminating or reducing frequent trading of Fund shares. Unless
otherwise directed by the Fund, any such restrictions or prohibitions shall only apply to
Shareholder-Initiated Transfer Purchases.
	2.	Each Intermediary agrees to execute or have executed (for those shareholders
whose information is not on the Intermediary’s books and records) the written instructions within
10 Business Days after actual receipt. The Intermediary will provide written confirmation to the
Fund as soon as reasonably practicable that such instructions have or have not been executed.
	3.	Instructions to restrict or prohibit further purchase or exchanges involving Fund
shares must include:
		a.	A statement from the Fund that the shareholder’s trading activity has
			either violated the Fund’s frequent trading policy or, in the Fund’s sole
			discretion, such trading activity has been deemed disruptive;

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	b.	The specific restriction(s) and/or prohibition(s) to be executed, including
		the length of time such restriction(s) and/or prohibition(s) shall remain in
		place;
	c.	The TIN or any other government issued identifier, if known by the Fund,
		that would help the Intermediaries determine the identity of affected
		shareholder(s); and
	d.	Whether such restriction(s) and/or prohibition(s) are to be executed in
		relation to all of the affected shareholder’s Variable Products, only the
		type of Variable Product(s) through which the affected shareholder
		engaged in transaction activity which triggered the restriction(s) and/or
		prohibition(s) or in some other respect. In absence of direction from the
		Fund in this regard, restriction(s) and/or prohibition(s) shall be executed as
		they relate to the Intermediary’s Variable Product(s) through which the
		affected shareholder engaged in the transaction activity which triggered
		the restriction(s) and/or prohibition(s).
The Fund agrees to reimburse the Intermediaries for reasonable costs they incur that are
associated with complying with extraordinary requests (e.g., transaction information older than
366 days as specified under Section A or purchase restrictions beyond those covered under this
Section B related to Share-holder-Initiated Transfer Purchases.
C.	Limitation on Use of Information.
The Fund agrees neither to use the information received from the Intermediary for any purpose
other than to comply with SEC Rule 22c-2 and other applicable laws, rules and regulations, nor
to share the information with anyone other than its employees who legitimately need access to it.
Neither the Fund nor any of its affiliates or subsidiaries may use any information provided
pursuant to this Agreement for marketing or solicitation purposes. The Fund will take such steps
as are reasonably necessary to ensure compliance with this obligation.
The Fund shall indemnify and hold the Intermediaries, individually and collectively, (and any of
their respective directors, officers, employees, or agents) harmless from any damages, loss, cost,
or liability (including reasonable legal fees and the cost of enforcing this indemnity) arising out
of or resulting from any unauthorized use of or disclosure by the Fund of the information
received from the Intermediaries pursuant to this Agreement. In addition, because an award of
money damages (whether pursuant to the foregoing sentence or otherwise) may be inadequate
for any breach of this provision and any such breach may cause the Intermediaries irreparable
harm, the Fund also agrees that, in the event of any breach or threatened breach of this provision,
the Intermediaries will also be entitled, without the requirement of posting a bond or other
security, to seek equitable relief, including injunctive relief and specific performance. Such
remedies will not be the exclusive remedies for any breach of this provision but will be in
addition to all other remedies available at law or in equity to the Intermediaries.

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D.	Prior Agreements.
The parties acknowledge that prior to the effective date of this Agreement efforts to monitor and
deter excessive trading activity within the Variable Products were governed by whatever
practices the Fund and the Intermediaries agreed to follow in the absence of any formal
agreement. The parties also acknowledge having previously entered into fund participation
and/or selling and service agreements concerning the purchase and redemption of shares of
Funds through the Variable Products. The terms of this Agreement supplement the fund
participation and/or selling and service agreements and to the extent the terms of this Agreement
conflict with the terms of the fund participation and/or selling and service agreements, the terms
of this Agreement will control. This Agreement will terminate upon termination of the fund
participation and/or selling and service agreements.
E.	Notices.
	1.	Except as otherwise provided, all notices and other communications hereunder
shall be in writing and shall be sufficient if delivered by hand or if sent by confirmed facsimile or
e-mail, or by mail, postage prepaid, addressed:

		a.	If to Intermediaries, to:
			ING U.S. Financial Services
			Attention: Xxxxxxxxxx Xxxxxxx
			Address:	000 Xxxxxxxxxx Xxxxxx
				Xxxxxxxx, XX 00000-0000
			Phone:	000-000-0000
			Fax:	000-000-0000
			Email:	Xxxxxxxxxx.Xxxxxxx@xx.xxx.xxx
		b.	If to the Fund, to:
			Allianz Global Investors Distributors LLC
			Attention: AGID Ops Timing Committee, Xxxx Xxxxx
			Address:	0000 Xxxxxxxx Xxxxxx, 0xx Xxxxx
				Xxxxxxxx, XX 00000
			Phone:	000-000-0000
			Fax:	000-000-0000
			Email:	XXXXXXX_XxxxxxXxxxxxxxx@xxxxxxxxxxxxxxxx.xxx
		2.	The parties may by like notice, designate any future or different address to
which subsequent notices shall be sent. Any notice shall be deemed given when received.

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IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed in its
name and on its behalf by its duly authorized officer as of the date first written above.

ING Life Insurance and Annuity Company				Security Life of Denver Insurance
Company
By:		/s/ Xxxxxxxxxx Xxxxxxx		By:		/s/ Xxxxxxxxxx Xxxxxxx
Name		Xxxxxxxxxx Xxxxxxx		Name		Xxxxxxxxxx Xxxxxxx
and Title:		Authorized Representative		and Title:		Authorized Representative
ING National Trust				Systematized Benefits Administrators Inc.
By:		/s/ Xxxxxxxxxx Xxxxxxx		By:		/s/ Xxxxxxxxxx Xxxxxxx
Name		Xxxxxxxxxx Xxxxxxx		Name		Xxxxxxxxxx Xxxxxxx
and Title:		Authorized Representative		and Title:		Authorized Representative
ING USA Annuity and Life Insurance				Allianz Global Investors Distributors LLC
Company
By:		/s/ Xxxxxxxxxx Xxxxxxx		By:		/s/ Xxx Xxxxxxx
Name		Xxxxxxxxxx Xxxxxxx		Name		Xxx Xxxxxxx     MD
and Title:		Authorized Representative		and Title:
ReliaStar Life Insurance Company
By:		/s/ Xxxxxxxxxx Xxxxxxx
Name		Xxxxxxxxxx Xxxxxxx
and Title:		Authorized Representative
ReliaStar Life Insurance Company of New
York
By:		/s/ Xxxxxxxxxx Xxxxxxx
Name		Xxxxxxxxxx Xxxxxxx
and Title:		Authorized Representative

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                                                     Schedule A

Allianz Global Investors Distributors LLC (the “Fund”) is principal underwriter for each
series/portfolio of the following funds:

• PIMCO Funds
• Allianz Funds
• Fixed Income Shares
• Premier VIT
• PIMCO Variable Insurance Trust

                                                                          A-1

Schedule B
ING “Excessive Trading” Policy
The ING family of insurance companies (“ING”), as providers of multi-fund variable insurance and
retirement products, has adopted this Excessive Trading Policy to respond to the demands of the
various fund families which make their funds available through our variable insurance and retirement
products to restrict excessive fund trading activity and to ensure compliance with Section 22c-2 of the
Investment Company Act of 1940, as amended. ING's current definition of Excessive Trading and our
policy with respect to such trading activity is outlined below.
1.	ING actively monitors fund transfer and reallocation activity within its variable insurance and
	retirement products to identify Excessive Trading.
	ING currently defines Excessive Trading as:
	a.	More than one purchase and sale of the same fund (including money market funds) within
		a 60 calendar day period (hereinafter, a purchase and sale of the same fund is referred to
		as a “round-trip”). This means two or more round-trips involving the same fund within a
		60 calendar day period would meet ING's definition of Excessive Trading; or
	b.	Six round-trips within a twelve month period.
	The following transactions are excluded when determining whether trading activity is excessive:
	a.	Purchases or sales of shares related to non-fund transfers (for example, new purchase
		payments, withdrawals and loans);
	b.	Transfers associated with scheduled dollar cost averaging, scheduled rebalancing or
		scheduled asset allocation programs;
	c.	Purchases and sales of fund shares in the amount of $5,000 or less;
	d.	Purchases and sales of funds that affirmatively permit short-term trading in their fund
		shares, and movement between such funds and a money market fund; and
	e.	Transactions initiated by a member of the ING family of insurance companies.
2.	If ING determines that an individual has made a purchase of a fund within 60 days of a prior
	round-trip involving the same fund, ING will send them a letter warning that another sale of that
	same fund within 60 days of the beginning of the prior round-trip will be deemed to be Excessive
	Trading and result in a six month suspension of their ability to initiate fund transfers or
	reallocations through the Internet, facsimile, Voice Response Unit (VRU), telephone calls to the
	ING Customer Service Center, or other electronic trading medium that ING may make available
	from time to time (“Electronic Trading Privileges”). Likewise, if ING determines that an
	individual has made five round-trips within a twelve month period, ING will send them a letter
	warning that another purchase and sale of that same fund within twelve months of the initial
	purchase in the first round-trip in the prior twelve month period will be deemed to be Excessive
	Trading and result in a six month suspension of their Electronic Trading Privileges. According to
	the needs of the various business units, a copy of the warning letters may also be sent, as
	applicable, to the person(s) or entity authorized to initiate fund transfers or reallocations, the
	agent/registered representative or investment adviser for that individual. A copy of the warning
	letters and details of the individual's trading activity may also be sent to the fund whose shares
	were involved in the trading activity.

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3.	If ING determines that an individual has used one or more of its products to engage in Excessive
	Trading, ING will send a second letter to the individual. This letter will state that the individual's
	Electronic Trading Privileges have been suspended for a period of six months. Consequently, all
	fund transfers or reallocations, not just those which involve the fund whose shares were involved in
	the Excessive Trading activity, will then have to be initiated by providing written instructions to
	ING via regular U.S. mail. During the six month suspension period, electronic “inquiry only”
	privileges will be permitted where and when possible. A copy of the letter restricting future transfer
	and reallocation activity to regular U.S. mail and details of the individual's trading activity may also
	be sent to the fund whose shares were involved in the Excessive Trading activity.
4.	Following the six month suspension period during which no additional Excessive Trading is
	identified, Electronic Trading Privileges may again be restored. ING will continue to monitor the
	fund transfer and reallocation activity, and any future Excessive Trading will result in an indefinite
	suspension of the Electronic Trading Privileges. Excessive Trading activity during the six month
	suspension period will also result in an indefinite suspension of the Electronic Trading Privileges.
5.	ING reserves the right to limit fund trading or reallocation privileges with respect to any individual,
	with or without prior notice, if ING determines that the individual's trading activity is disruptive,
	regardless of whether the individual's trading activity falls within the definition of Excessive Trading
	set forth above. Also, ING's failure to send or an individual's failure to receive any warning letter or
	other notice contemplated under this Policy will not prevent ING from suspending that individual's
	Electronic Trading Privileges or taking any other action provided for in this Policy.
6.	Each fund available through ING's variable insurance and retirement products, either by prospectus
	or stated policy, has adopted or may adopt its own excessive/frequent trading policy. ING reserves
	the right, without prior notice, to implement restrictions and/or block future purchases of a fund by
	an individual who the fund has identified as violating its excessive/ frequent trading policy. All such
	restrictions and/or blocking of future fund purchases will be done in accordance with the directions
	ING receives from the fund.

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