EXHIBIT (D)(4)
AMENDED AND RESTATED SCHEDULE 1
WITH RESPECT TO THE
MANAGEMENT AGREEMENT
(OCTOBER 1, 1999, AS RESTATED MAY 9, 2001)
BETWEEN
ING VARIABLE INSURANCE TRUST
(FORMERLY PILGRIM VARIABLE INSURANCE TRUST)
AND
ING INVESTMENTS, LLC
AN ARIZONA LIMITED LIABILITY COMPANY
(SUCCESSOR BY MERGER TO ING PILGRIM INVESTMENTS, LLC)
ANNUAL INVESTMENT
-----------------
MANAGEMENT FEE
-------------- LAST CONTINUED/
(as a percentage of ---------------
NAME OF FUND average daily net assets) APPROVED BY BOARD REAPPROVAL DATE
------------ ----------------- ---------------
ING VP Worldwide Growth 1.00% July 11, 2002 September 1, 2003
Portfolio
ING VP Global Technology 1.25% July 11, 2002 September 1, 2003
Portfolio
ING VP High Yield Bond 0.65% July 11, 2002 September 1, 2003
Portfolio
ING GET U.S. Core Fund - 0.25% Offering Period February 25, 2003 September 1, 2004
Series 1* 0.60% Guarantee Period
ING GET U.S. Core Fund - 0.25% Offering Period February 25, 2003 September 1, 2004
Series 2* 0.60% Guarantee Period
ING GET U.S. Opportunity 0.25% Offering Period February 25, 2003 September 1, 2004
Fund - Series 1* 0.75% Guarantee Period
ING GET U.S. Opportunity 0.25% Offering Period February 25, 2003 September 1, 2004
Fund - Series 2* 0.75% Guarantee Period
*This Amended and Restated Schedule 1 to the Management Agreement will be
effective with respect to these Funds upon the effective date of the initial
Registration Statement with respect to each Fund.