Exhibit (d)(2)
AMENDED AND RESTATED SCHEDULE A
WITH RESPECT TO THE
INVESTMENT ADVISORY AGREEMENT
(SEPTEMBER 1, 2000, AS AMENDED AND RESTATED APRIL 30, 2001)
BETWEEN
ING VARIABLE PRODUCTS TRUST
(FORMERLY PILGRIM VARIABLE PRODUCTS TRUST)
AND
ING INVESTMENTS, LLC
AN ARIZONA LIMITED LIABILITY COMPANY
(SUCCESSOR BY MERGER TO ING PILGRIM INVESTMENTS, LLC,
FORMERLY PILGRIM INVESTMENTS, INC.)
ANNUAL INVESTMENT
MANAGEMENT FEE LAST CONTINUED/
(as a percentage of average ---------------
FUND daily net assets) APPROVED BY BOARD REAPPROVAL DATE
---- ----------------- ---------------
ING VP Growth + Value Portfolio 0.75% of the first $250 million of assets July 11, 2002 September 1, 2003
0.70% of the next $250 million of assets
0.65% of the next $250 million of assets
0.60% of the next $250 million of assets
0.55% of the assets in excess of $1 billion
ING VP High Yield Bond 0.75% of the first $250 million of assets July 11, 2002 September 1, 2003
Portfolio 0.70% of the next $250 million of assets
0.65% of the next $250 million of assets
0.60% of the next $250 million of assets
0.55% of the assets in excess of $1 billion
ING VP Research Enhanced Index 0.75% of the first $250 million of assets July 11, 2002 September 1, 2003
Portfolio 0.70% of the next $250 million of assets
0.65% of the next $250 million of assets
0.60% of the next $250 million of assets
0.55% of the assets in excess of $1 billion
ING VP SmallCap Opportunities 0.75% of the first $250 million of assets July 11, 2002 September 1, 2003
Portfolio 0.70% of the next $250 million of assets
0.65% of the next $250 million of assets
0.60% of the next $250 million of assets
0.55% of the assets in excess of $1 billion
ING VP Convertible Portfolio 0.75% July 11, 2002 September 1, 2003
ANNUAL INVESTMENT
MANAGEMENT FEE LAST CONTINUED/
(as a percentage of average ---------------
FUND daily net assets) APPROVED BY BOARD REAPPROVAL DATE
---- ----------------- ---------------
ING VP Growth Opportunities 0.75% July 11, 2002 September 1, 2003
Portfolio
ING VP International Value 1.00% July 11, 2002 September 1, 2003
Portfolio
ING VP Large Company Value 0.75% July 11, 2002 September 1, 2003
Portfolio
ING VP LargeCap Growth 0.75% July 11, 2002 September 1, 2003
Portfolio
ING VP MagnaCap Portfolio 0.75% July 11, 2002 September 1, 2003
ING XX XxxXxx Opportunities 0.75% July 11, 2002 September 1, 2003
Portfolio
ING VP Emerging Countries 1.10% July 11, 2002 September 1, 2003
Portfolio
ING VP International Portfolio 1.00% July 11, 2002 September 1, 2003
ING VP Financial Services 0.75% July 11, 2002 September 1, 2003
Portfolio
ING VP International SmallCap 1.00% July 11, 2002 September 1, 2003
Growth Portfolio
2