Exhibit d.24
FORM OF
AMENDMENT
TO
INVESTMENT ADVISORY AGREEMENT
BETWEEN
ING LIFE INSURANCE AND ANNUITY COMPANY
AND
ING PARTNERS, INC.
AMENDMENT made as of this __ day of ________, 2004, to the Investment
Advisory Agreement dated as of May 1, 2003 (the "Agreement"), between ING Life
Insurance and Annuity Company, an insurance corporation organized and existing
under the laws of the State of Connecticut (the "Adviser"), and ING Partners,
Inc., a corporation organized and existing under the laws of Maryland (the
"Company"). In consideration of the mutual covenants contained herein, the
parties agree to amend the Agreement as follows:
1. SCHEDULE A to the Agreement is hereby deleted in its entirety and
replaced with AMENDED SCHEDULE A attached hereto.
2. SCHEDULE B to the Agreement is hereby deleted in its entirety and
replaced with AMENDED SCHEDULE B attached hereto.
3. In all other respects, the Agreement is confirmed and remains in full
force and effect.
4. Capitalized terms used herein and not otherwise defined shall have the
meanings ascribed to them in the Agreement.
5. This Amendment shall become effective as of the date first written
above.
IN WITNESS WHEREOF, intending to be legally bound hereby, the parties
hereto have caused this instrument to be executed by their duly authorized
signatories the date and year first above written.
ING LIFE INSURANCE AND ANNUITY COMPANY
By:
-----------------------------------------------
Xxxxxx X. Xxxxxxxxxxx
Title: Vice President
ING PARTNERS, INC.
By:
-----------------------------------------------
Xxxxx X. Xxxxxxxx
Title: President
FORM OF
AMENDED SCHEDULE A
SERIES OF ING PARTNERS, INC.
ING Aeltus Enhanced Index Portfolio
ING Xxxxx Aggressive Growth Portfolio
ING Xxxxx Capital Appreciation Portfolio
ING Xxxxx Growth Portfolio
ING American Century Small Cap Value Portfolio
ING Baron Small Cap Growth Portfolio
ING Fidelity(R)VIP Contrafund(R)Portfolio
ING Fidelity(R)VIP Equity Income Portfolio
ING Fidelity(R)VIP Growth Portfolio
ING Fidelity(R)VIP Mid Cap Portfolio
ING Xxxxxxx Xxxxx(R)Capital Growth Portfolio
ING Xxxxxxx Sachs(R)Core Equity Portfolio
ING JPMorgan Xxxxxxx International Portfolio
ING JPMorgan Mid Cap Value Portfolio
ING MFS Capital Opportunities Portfolio
ING MFS Global Growth Portfolio
ING OpCap Balanced Value Portfolio
ING PIMCO Total Return Portfolio
ING Salomon Brothers Aggressive Growth Portfolio
ING Salomon Brothers Fundamental Value Portfolio
ING Salomon Brothers Investors Value Portfolio
ING X. Xxxx Price Growth Equity Portfolio
ING UBS U.S. Allocation Portfolio
ING UBS U.S. Large Cap Equity Portfolio
ING Xxx Xxxxxx Xxxxxxxx Portfolio
Dated: __________________________
FORM OF
AMENDED SCHEDULE B
ADVISORY FEES
SERIES ADVISORY FEES
------ -------------
(As a percentage of average daily net assets)
ING Aeltus Enhanced Index Portfolio 0.60%
ING Xxxxx Aggressive Growth Portfolio 0.85%
ING Xxxxx Capital Appreciation Portfolio 0.70%
ING Xxxxx Growth Portfolio 0.80%
ING American Century Small Cap Value Portfolio 1.00%
ING Baron Small Cap Growth Portfolio 0.85%
ING Fidelity(R)VIP Contrafund(R)Portfolio [0.00% while Series invested in Master
0.58% for Standalone Series]
ING Fidelity(R)VIP Equity Income Portfolio [0.00% while Series invested in Master
0.48% for Standalone Series]
ING Fidelity(R)VIP Growth Portfolio [0.00% while Series invested in Master
0.58% for Standalone Series]
ING Fidelity(R)VIP Mid Cap Portfolio [0.00% while Series invested in Master
0.58% for Standalone Series]
ING Xxxxxxx Xxxxx(R)Capital Growth Portfolio 0.85%
ING Xxxxxxx Sachs(R)Core Equity Portfolio 0.70%
ING JPMorgan Xxxxxxx International Portfolio 0.80%
ING JPMorgan Mid Cap Value Portfolio 0.75%
ING MFS Capital Opportunities Portfolio 0.65%
ING MFS Global Growth Portfolio 0.60%
ING OpCap Balanced Value Portfolio 0.80%
ING PIMCO Total Return Portfolio 0.50%
ING Salomon Brothers Aggressive Growth Portfolio 0.70% of the first $500 million of average daily
net assets;
0.65% on assets over $500 million
ING Salomon Brothers Fundamental Value Portfolio 0.90%
ING Salomon Brothers Investors Value Portfolio 0.80%
ING X. Xxxx Price Growth Equity Portfolio 0.60%
ING UBS U.S. Allocation Portfolio 0.85%
ING UBS U.S. Large Cap Equity Portfolio 0.70% on the first $500 million of average daily
net assets;
0.65% on assets over $500 million
ING Xxx Xxxxxx Xxxxxxxx Portfolio 0.60%
Dated: ___________________
