Exhibit (d)(12)
AMENDED AND RESTATED
SCHEDULE A
WITH RESPECT TO THE
SUB-ADVISER AGREEMENT
DATED MAY 9, 2001 AND AMENDED NOVEMBER 2, 2001
BETWEEN
ING PILGRIM INVESTMENTS, LLC
AND
AELTUS INVESTMENT MANAGEMENT, INC.
EFFECTIVE FEBRUARY 26, 2002
ANNUAL INVESTMENT
SERIES MANAGEMENT FEE APPROVED BY BOARD REAPPROVAL DATE
------ ----------------- ----------------- ---------------
Pilgrim Principal Offering Phase 0.125% May 9, 2001 May 9, 2003
Protection Fund Guarantee Period 0.40%
Index Plus
LargeCap Period 0.30%
Pilgrim Principal Offering Phase 0.125% November 2, 2001 September 1, 2003**
Protection Fund II* Guarantee Period 0.40%
Index Plus
LargeCap Period 0.30%
ING Principal Offering Phase 0.125% February 26, 2002 September 1, 2003
Protection Guarantee Period 0.40%
Fund III*** Index Plus
LargeCap Period 0.30%
------------------
* This Amended and Restated Schedule A is effective with respect to this Fund
upon the effective date of the initial Registration Statement with respect
to the Fund: November 5, 2001.
** Effective November 2, 2001, the Board of Trustees approved amending
certain agreements for the Funds whose annual renewal requires approval by
the Board. The amendment changes the date of the agreements to September 1
for the purpose of aligning the annual renewal of such agreements with the
annual renewal of the advisory agreements.
*** This Amended and Restated Schedule A will be effective with respect to
this Fund upon the effective date of the initial Registration Statement
with respect to the Fund.
