July 1, 2009 Attention: Chief Financial Officer Batterymarch Financial Management, Inc. John Hancock Tower
Exhibit (d)(12)(i)
July 1, 2009
Attention: Chief Financial Officer
Batterymarch Financial Management, Inc.
Xxxx Xxxxxxx Tower
000 Xxxxxxxxx Xxxxxx, 00xx Floor
Boston, MA 02116
Dear Sir or Madam:
Pursuant to Section 6 of the Sub-Advisory Agreement dated November 1, 2006 between ING Investments, LLC and Batterymarch Financial Management, Inc., as amended (the “Agreement”), we hereby notify you of our intention to modify the sub-advisory fees payable to Batterymarch Financial Management, Inc. for ING International SmallCap Multi-Manager Fund (the “Fund”), effective on or about July 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.
The Amended Schedule A has also been updated to reflect the name change of ING International SmallCap Fund to ING International SmallCap Multi-Manager Fund.
Please signify your acceptance to the modified sub-advisory fees, with respect to the Fund, by signing below.
| Very Sincerely, |
| /s/ Xxxx Xxxxx |
| Xxxx Xxxxx Senior Vice President ING Investments, LLC |
ACCEPTED AND AGREED TO:
Batterymarch Financial Management, Inc.
| By: | /s/ Xxxxxxx Xxxxx | |
| Name: | Xxxxxxx Xxxxx | |
| Title: | President CFO, Duly Authorized |
| 0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Investments, LLC |
AMENDED SCHEDULE A
with respect to the
SUB-ADVISORY AGREEMENT
between
ING INVESTMENTS, LLC
and
BATTERYMARCH FINANCIAL MANAGEMENT, INC.
| Series |
Annual Sub-Adviser Fee | |
| (as a percentage of average daily net assets) | ||
| ING International SmallCap Multi-Manager Fund |
0.70% on the first $100 million; and 0.60% on the next $100 million; and 0.50% thereafter |
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