October 31, 2008 Michael Gioffre Senior Vice President ING Investment Management Co.
Exhibit 99.B(d)(2)(iv)
October 31, 2008
Xxxxxxx Xxxxxxx
Senior Vice President
ING Investment Management Co.
00 Xxxxx Xxxxx Xxxxxx
Hartford, CT 06103-3607
Dear Xx. Xxxxxxx:
Pursuant to the Sub-Advisory Agreement dated March 1, 2002 between ING Investments, LLC and ING Investment Management Co., as amended (the “Agreement”), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING U.S. Government Money Market Portfolio (the “Portfolio”), effective October 31, 2008, a series of ING Variable Portfolios, Inc., 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 Portfolio to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Portfolio, is attached hereto.
Please signify your acceptance to act as Sub-Adviser for the Portfolio by signing below where indicated.
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Very sincerely, |
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/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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ING Investments, LLC |
ACCEPTED AND AGREED TO:
ING Investment Management Co.
By: |
/s/ Xxxxxx Xxxxxx |
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Name: |
Xxxxxx Xxxxxx |
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Title: |
, Duly Authorized |
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0000 X, Xxxxxxxxxx Xxxxx Xx. |
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Tel: 000-000-0000 |
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ING Investments, LLC |
Scottsdale. AZ 00000-0000 |
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Fax: 000-000-0000 |
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xxx.xxxxxxxx.xxx |
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AMENDED SCHEDULE A
with respect to the
SUB-ADVISORY AGREEMENT
between
ING INVESTMENTS, LLC,
and
ING INVESTMENT MANAGEMENT CO.
Series |
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Effective Date |
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Annual Sub-Advisory Fee |
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ING Global Equity Option Portfolio |
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August 20, 2008 |
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0.045% |
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ING International Index Portfolio |
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March 4, 2008 |
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0.1710% on all assets |
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ING Morningstar U.S. Growth Index Portfolio |
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April 28, 2008 |
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0.1395% on all assets |
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ING Opportunistic LargeCap Growth Portfolio |
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0.270% |
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ING Opportunistic LargCap Value Portfolio |
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0.270% |
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ING Xxxxxxx™ Global Large Cap Index 85% Portfolio |
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August 20, 2008 |
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0.21% on all assets |
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ING Xxxxxxx™ Large Cap Index Portfolio |
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March 4, 2008 |
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0.1125% on all assets |
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ING Xxxxxxx™ Mid Cap Index Portfolio |
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March 4, 2008 |
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0.1395% on all assets |
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ING Xxxxxxx™ Small Cap Index Portfolio |
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March 4, 2008 |
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0.1485% on all assets |
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ING U.S. Government Money Market Portfolio |
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October 31, 2008 |
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0.158% on first $1 billion |
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ING VP Index Plus LargeCap Portfolio |
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0.158% |
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ING VP Index Plus MidCap Portfolio |
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0.180% |
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ING VP Index Plus SmallCap Portfolio |
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0.180% |
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ING VP Small Company Portfolio |
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0.338% |
2
Series |
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Effective Date |
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Annual Sub-Advisory Fee |
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ING WisdomTreeSM Global High-Yielding Equity Index Portfolio |
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January 16, 2008 |
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0.21% on all assets |
3