Contract

(d)(3)(ii)

January 1, 2014

ING Variable Products Trust

0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx

Suite 100

Scottsdale, Arizona 85258-2034

Ladies and Gentlemen:

By execution of this letter agreement (the “Agreement”) to the Expense Limitation Agreement, dated May 7, 2013, as amended, intending to be legally bound hereby, ING Investments LLC (“IIL”), the Adviser to ING International Value Portfolio (the “Portfolio”), agrees that IIL shall, from January 1, 2014 through May 1, 2015, waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Portfolio shall be as follows:

Name of Portfolio		Maximum Operating Expense Limit (as a percentage of average net assets)
				Classes
		Adviser		Institutional		Service
ING International Value Portfolio		1.45%		0.95%		1.15%

We are willing to be bound by this letter agreement to lower our fees for the period from January 1, 2014 through May 1, 2015. The method of computation to determine the amount of the fee waiver and the definitions as set forth in the Expense Limitation Agreement shall apply. Any fees waived pursuant to this letter agreement shall not be eligible for recoupment. This letter agreement shall terminate upon termination of the Expense Limitation Agreement.

Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of ING Variable Products Trust.

ING Investments, LLC
By:		/s/ Xxxx Xxxxx
		Xxxx Xxxxx
		Senior Vice President

Accepted:

By:		/s/ Xxxxxxxx X. Xxxxxxxx
		Xxxxxxxx X. Xxxxxxxx
		Senior Vice President
		ING Variable Products Trust

0000 X. Xxxxxxxxxx Xxxxx Xx. Suite 100 Scottsdale, AZ 00000-0000 Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx ING Investments Distributor, LLC