Contract

(d)(2)(i)

May 7, 2013

Xxxx Xxxxx

Senior Vice President

ING Investments, LLC

0000 X. Xxxxxxxxxx Xxxxx Xx., Xxxxx 000

Scottsdale, AZ 85258

Dear Xx. Xxxxx:

ING Investments, LLC (“ING Investments”) and ING Investment Management Co. LLC (“ING IM”), formerly, ING Investment Management Co., are parties to a Sub-Advisory Agreement dated May 7, 2013, as amended (the “Agreement”), and pursuant to the Agreement, ING Investments has agreed to pay ING IM an annual sub-advisory fee of 0.27% as a percentage of average daily net assets of ING Australia Index Portfolio (the “Portfolio”). By this letter dated May 7, 2013, ING IM voluntarily waives a portion of the annual sub-advisory fee that it is entitled to receive as follows:

ING IM will waive 0.1125% of the sub-advisory fee payable by ING Investments for a period from May 7, 2013 through and including May 1, 2014 for the Portfolio, as indicated in the net sub-advisory fee rate reflected in the schedule set out below. This letter replaces the previous letter for the Portfolio, dated February 28, 2011.

		Annual Sub-Advisory Fee
Series		Gross		Waiver		Net
ING Australia Index Portfolio		0.27%		0.1125%		0.1575%

Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Directors of ING Variable Portfolios, Inc.

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May 7, 2013

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Please acknowledge your acceptance of this fee waiver by executing below in the place indicated.

		Very sincerely,
By:		/s/ Xxxxxxxxxxx Xxxxx
		Xxxxxxxxxxx Xxxxx
		Vice President, Finance
		ING Investment Management Co. LLC

ACCEPTED AND AGREED TO:

ING Investments, LLC

By:		/s/ Xxxx Xxxxx
		Xxxx Xxxxx
		Senior Vice President