April 28, 2006
Exhibit 99.B(d)(25)(vi)
April 28, 2006
ING Partners, Inc.
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, Arizona 85258-2034
Ladies and Gentlemen:
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, ING Financial Advisers, LLC (the “Distributor”) agrees to waive all or a portion of its distribution fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Adviser Class shares of ING Xxxxxxxxxxx Global Growth Portfolio and ING X. Xxxx Price Diversified Mid Cap Growth Portfolio, two series of ING Partners, Inc., shall be as follows:
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Maximum Operating Expense Ratios |
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Series |
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Adviser Class |
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ING Xxxxxxxxxxx Global Growth Portfolio |
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1.15 |
% |
ING X. Xxxx Price Diversified Mid Cap Growth Portfolio |
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1.15 |
% |
By this letter, we memorialize our agreement that the Distributor has waived these distribution fees for the period December 1, 2004 through April 28, 2006 and we agree that the Distributor will continue to waive these distribution fees through May 1, 2007.
The Distributor acknowledges that: (1) it shall not be entitled to collect on or make a claim for waived fees at any time in the future; and (2) it shall not be entitled to collect on or make a claim for reimbursed expenses at any time in the future.
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ING Financial Advisers, LLC |
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By: |
/s/ Xxxxxx Xxxxx |
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Xxxxxx Xxxxx |
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Vice President |
Accepted:
By: |
/s/ Xxxxxx X. Xxxx |
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Xxxxxx X. Xxxx |
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Executive Vice President |
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ING Partners, Inc. |
0000 X. Xxxxxxxxxx
Xxxxx Xx. |
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Tel: 000-000-0000 |
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ING Financial Advisers, LLC |