ING FUNDS LETTERHEAD]
Exhibit
77(e)(9)
[ING FUNDS
LETTERHEAD]
June
1, 2009
Attention: Xxxx
Xxxxxxx
Xxxxxxxx
Investment Management North America, Inc.
000
Xxxxx Xxxxxx
New
York, NY 10022
Pursuant
to Section 6 of the Sub-Advisory Agreement dated December 17, 2007 between ING
Investments, LLC and Xxxxxxxx Investment Management North America, Inc., as
amended (the “Agreement”), we hereby notify you of our intention to modify the
sub-advisory fees payable to Xxxxxxxx Investment Management North America, Inc.
for ING International SmallCap Multi-Manager Fund (the “Fund”), effective June
1, 2009, 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 amending Schedule
A of the Agreement. The Amended
Schedule A, which indicates the annual sub-advisory fee for the Fund, is
attached hereto.
Please
signify your acceptance to the modified sub-advisory fees, with respect to the
Fund, by signing below.
/s/
Xxxx Xxxxx
Xxxx
Xxxxx
Senior
Vice President
ING
Investments, LLC
ACCEPTED
AND AGREED TO:
Xxxxxxxx
Investment Management North America, Inc.
By: /s/ Xxxx X.
Xxxxxxxx
Name: Xxxx X.
Xxxxxxxx
Title: Authorized
Xxxxxxxxx ,
Xxxx Authorized
