March 14, 2014 ING Investors Trust
Exhibit 99.(h)(8)(A)(ii)
March 14, 2014
ING Investors Trust
0000 Xxxx Xxxxxxxxxx Xxxxx Xxxx
Xxxxx 000
Xxxxxxxxxx, Xxxxxxx 00000-0000
Ladies and Gentlemen:
By execution of this letter agreement (the “Agreement”) to the Expense Limitation Agreement, dated May 7, 2013, as amended, intending to be legally bound hereby, ING Investments LLC (“IIL”), the Adviser to ING Global Perspectives Portfolio (the “Portfolio”), agrees that IIL shall, from the close of business on March 14, 2014 through May 1, 2016, waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Portfolio, including expenses of the underlying investment companies, shall be as follows:
Name of Portfolio | Maximum Operating Expense Limit (as a percentage of average net assets) | ||
| Classes | ||
| Adviser | Institutional | Service |
ING Global Perspectives Portfolio | 1.09% | 0.83% | 1.08% |
We are willing to be bound by this letter agreement to lower our fees for the period from the close of business on March 14, 2014 through May 1, 2016. The method of computation to determine the amount of the fee waiver and the definitions as set forth in the Expense Limitation Agreement shall apply, subject to possible recoupment by IIL within three years. This letter agreement shall terminate upon termination of the Expense Limitation Agreement.
Notwithstanding the foregoing, termination or modification of this letter requires approval by the Board of Trustees of ING Investors Trust.
ING Investments, LLC
By:
/s/ Xxxx Xxxxx
Xxxx Xxxxx
Senior Vice President
Accepted:
By:
/s/ Xxxxxxxx X. Xxxxxxxx
Xxxxxxxx X. Xxxxxxxx
Senior Vice President
ING Investors Trust
0000 X. Xxxxxxxxxx Xxxxx Xx. Xxxxx 000 Xxxxxxxxxx, XX 00000-0000 | Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx | ING Investments Distributor, LLC |