Exhibit (d)(1)(C)(iii)
[ING FUNDS LOGO]
April 28, 2006
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Xxxxxxxxxx, XX 00000
Dear Xx. Xxxxx:
Pursuant to the Management Agreement dated February 25, 2004, as amended,
between ING Investors Trust and ING Investments, LLC (the "Agreement"), we
hereby notify you of our intention to (1) retain you as Manager to render
investment advisory services to ING Disciplined Small Cap Value Portfolio and
ING EquitiesPlus Portfolio (the "New Series"), and (2) modify the annual
investment management fee for ING Global Real Estate Portfolio, effective April
28, 2006, upon all of the terms and conditions set forth in the Agreement. Upon
your acceptance, the Agreement will be modified to give effect to the foregoing
by amending AMENDED SCHEDULE A of the Agreement. The AMENDED SCHEDULE A, with
the annual investment management fees indicated for the New Series, is attached
hereto.
Please signify your acceptance (1) to act as Manager under the Agreement
with respect to the aforementioned New Series, and (2) to the modified annual
investment management fee for ING Global Real Estate Portfolio, by signing
below.
Very sincerely,
/s/ Xxxxxx X. Xxxx
-----------------------
Xxxxxx X. Xxxx
Executive Vice President
ING Investors Trust
ACCEPTED AND AGREED TO:
ING Investments, LLC
By: Xxxx Xxxxx
----------
Xxxx Xxxxx
Senior Vice President
0000 X. Xxxxxxxxxx Xxxxx Xx. Tel: 000-000-0000 ING Investors Trust
Scottsdale, AZ 00000-0000 Fax: 000-000-0000
xxx.xxxxxxxx.xxx
AMENDED SCHEDULE A
WITH RESPECT TO THE
MANAGEMENT AGREEMENT
BETWEEN
ING INVESTORS TRUST
AND
ING INVESTMENTS, LLC
SERIES ANNUAL INVESTMENT MANAGEMENT FEE
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(AS A PERCENTAGE OF AVERAGE DAILY NET ASSETS)
ING Disciplined Small Cap Value Portfolio 0.55% on first $500 million
0.50% on next $500 million
0.45% on assets thereafter
ING EquitiesPlus Portfolio 0.30%
ING Global Real Estate Portfolio 0.80% on first $250 million
0.775% on next $250 million
0.70% of assets in excess of $500 million
ING LifeStyle Aggressive Growth Portfolio 0.14%
ING LifeStyle Growth Portfolio 0.14%
ING LifeStyle Moderate Growth Portfolio 0.14%
ING LifeStyle Moderate Portfolio 0.14%
ING MarketPro Portfolio 0.00%
ING MarketStyle Growth Portfolio 0.08%
ING MarketStyle Moderate Growth Portfolio 0.08%
ING MarketStyle Moderate Portfolio 0.08%
ING VP Index Plus International Equity Portfolio 0.45%
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