EXHIBIT h(4)(i)
[ING FUNDS LOGO]
June 14, 2004
Xxxxxxx X. Xxxxxx
Executive Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Xxxxxxxxxx, XX 00000
Dear Xx. Xxxxxx:
Pursuant to the Administration Agreement dated February 25, 2003, as
amended, between ING Variable Insurance Trust 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 GET U.S. Core
Portfolio - Series 7, ING GET U.S. Core Portfolio - Series 8, ING GET U.S. Core
Portfolio - Series 9, and ING VP Worldwide Growth Portfolio (the "Portfolios"),
each a series of ING Variable Insurance Trust, 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 AMENDED SCHEDULE A of the Agreement. The
AMENDED SCHEDULE A, with the annual administration fees indicated for each
series, is attached hereto.
Please signify your acceptance to act as Administrator under the Agreement
with respect to the aforementioned Portfolios.
Very sincerely,
/s/ Xxxxxx X. Xxxx
----------------------------
Xxxxxx X. Xxxx
Senior Vice President
ING Variable Insurance Trust
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By /s/ Xxxxxxx X. Xxxxxx
----------------------------
Xxxxxxx X. Xxxxxx
Executive Vice President
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Variable Insurance Trust
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
TO THE
ADMINISTRATION AGREEMENT
BETWEEN
ING VARIABLE INSURANCE TRUST
AND
ING FUNDS SERVICES, LLC
SERIES ADMINISTRATIVE FEE
------ ---------------------------------------------
(as a percentage of average daily net assets)
ING GET U.S. Core Portfolio - Series 1 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 2 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 3 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 4 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 5 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 6 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 7 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 8 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Core Portfolio - Series 9 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Opportunity Portfolio - Series 1 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING GET U.S. Opportunity Portfolio - Series 2 0.055% on the first $5 billion
0.030% on all assets over $5 billion
ING VP Worldwide Growth Portfolio 0.00%
