SIXTH AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT between DIRECTED SERVICES LLC and MORGAN STANLEY INVESTMENT MANAGEMENT INC. d/b/a VAN KAMPEN ING PARTNERS, INC.
Exhibit 99.B(d)(11)(x)
SIXTH AMENDMENT TO INVESTMENT SUB-ADVISORY AGREEMENT
between
DIRECTED SERVICES LLC
and
XXXXXX XXXXXXX INVESTMENT MANAGEMENT INC. d/b/a XXX XXXXXX
ING PARTNERS, INC.
This Sixth Amendment, effective as of August 1, 2008, amends the Investment Sub-Advisory Agreement (the “Agreement”) dated the 11th day of March 2002, as amended, between Directed Services LLC, a Delaware limited liability company (the “Adviser”) and Xxxxxx Xxxxxxx Investment Management Inc. d/b/a Xxx Xxxxxx, a Delaware corporation (the “Sub-Adviser”).
W I T N E S S E T H
WHEREAS, the parties desire to amend the Agreement and agree that the amendment will be effective as of August 1, 2008.
NOW, THEREFORE, the parties agree as follows:
1. Section No. 3 will be deleted and replaced in its entirety with the paragraph below:
3. Compensation of Subadviser. For the services provided to each Portfolio, the Adviser will pay the Sub-Adviser an annual fee equal to the amount specified for such Portfolio in Appendix A hereto, payable monthly in arrears and calculated as a percentage of average daily net assets as calculated by the Adviser. The fee will be appropriately prorated to reflect any portion of a calendar month that this Agreement is not in effect among the parties.
2. Capitalized terms used in this Amendment and not otherwise defined shall have the meanings ascribed to them in the Agreement.
3. In all other respects, the Agreement is hereby confirmed and remains in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed as of the day and year first above written.
AGREED AND ACCEPTED BY:
DIRECTED SERVICES LLC |
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XXXXXX XXXXXXX INVESTMENT MANAGMENT INC. D/B/A XXX XXXXXX |
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By: |
/s/ Xxxx Xxxxx |
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By: |
/s/ Xxxxx Xxxxxx |
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Xxxx Xxxxx |
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Name: |
Xxxxx Xxxxxx |
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Vice President |
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Title: |
Managing Director |