May 1, 2009 Todd Modic Senior Vice President ING Investments, LLC
Exhibit (d)(1)(i)
May 1, 2009
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Pursuant to the Amended Investment Management Agreement dated April 1, 2004 between ING Variable Portfolios, Inc. and ING Investments, LLC (the “Agreement”) we hereby notify you of our intention to retain you as Manager to render investment advisory services to ING Xxxxxxx™ Large Cap Growth Index Portfolio, ING Xxxxxxx™ Large Cap Value Index Portfolio, ING Xxxxxxx™ Mid Cap Growth Index Portfolio, and ING Hang Seng Index Portfolio (collectively, the “Portfolios”), effective May 1, 2009, each a series of ING Variable Portfolios, Inc. Upon your acceptance, the Agreement will be modified to give effect to the foregoing as indicated on the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual investment management fees indicated for the Portfolios, is attached hereto.
The Amended Schedule A has also been updated to reflect the name change of ING BlackRock Global Science and Technology Portfolio to ING BlackRock Global Science and Technology Opportunities Portfolio, the name change of ING Xxxxxx Brothers U.S. Aggregate Bond Index® Bond Portfolio to ING U.S. Bond Index Portfolio, the name change of ING Opportunistic LargeCap Value Portfolio to ING Opportunistic LargeCap Portfolio, the name change of ING Xxxxxxx™ Global Large Cap Index 85% Portfolio to ING Xxxxxxx™ Global Large Cap Index 75% Portfolio, the name change of ING VP Index Plus LargeCap Portfolio to ING Index Plus LargeCap Portfolio, the name change of ING VP Index Plus MidCap Portfolio to ING Index Plus MidCap Portfolio, the name change of ING VP Index Plus SmallCap Portfolio to ING Index Plus SmallCap Portfolio, and the name change of ING VP Small Company Portfolio to ING Small Company Portfolio.
Please signify your acceptance to act as Manager for the Portfolios by signing below where indicated.
Very sincerely, |
/s/ Xxxxxxxx X. Xxxxxxxx |
Xxxxxxxx X. Xxxxxxxx |
Senior Vice President |
ING Variable Portfolios, Inc. |
ACCEPTED AND AGREED TO:
ING Investments, LLC
By: | /s/ Xxxx Xxxxx | |
Xxxx Xxxxx | ||
Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Variable Portfolios, Inc. |
AMENDED SCHEDULE A
with respect to the
AMENDED INVESTMENT MANAGEMENT AGREEMENT
between
ING VARIABLE PORTFOLIOS, INC.
and
ING INVESTMENTS, LLC
Series |
Effective Date |
Annual Investment Management Fee | ||
(as a percentage of average daily net assets) | ||||
ING BlackRock Global Science and Technology Portfolio |
2001 | 0.95% | ||
ING Global Equity Option Portfolio |
August 20, 2008 | 0.10% on all assets | ||
ING Hang Seng Index Portfolio |
May 1, 2009 | 0.60% | ||
ING Index Plus LargeCap Portfolio |
2001 | 0.35% | ||
ING Index Plus MidCap Portfolio |
2001 | 0.40% | ||
ING Index Plus SmallCap Portfolio |
2001 | 0.40% | ||
ING International Index Portfolio |
March 4, 2008 | 0.38% on all assets | ||
ING Morningstar U.S. Growth Index Portfolio |
April 28, 2008 | 0.31% on all assets | ||
ING Opportunistic LargeCap Growth Portfolio |
2001 | 0.60% | ||
ING Opportunistic LargeCap Portfolio |
2001 | 0.60% | ||
ING RussellTM Global Large Cap Index 75% Portfolio |
August 20, 2008 | 0.46% on all assets | ||
ING RussellTM Large Cap Growth Index Portfolio |
May 1, 2009 | 0.45% |
-2-
ING RussellTM Large Cap Value Index Portfolio |
May 1, 2009 | 0.45% | ||
ING RussellTM Mid Cap Growth Index Portfolio |
May 1, 2009 | 0.45% | ||
ING Xxxxxxx™ Large Cap Index Portfolio |
March 4, 2008 | 0.25% on all assets | ||
ING Xxxxxxx™ Mid Cap Index Portfolio |
March 4, 2008 | 0.31% on all assets | ||
ING Xxxxxxx™ Small Cap Index Portfolio |
March 4, 2008 | 0.33% on all assets | ||
ING Small Company Portfolio |
2001 | 0.75% | ||
ING U.S. Bond Index Portfolio |
March 4, 2008 | 0.32% on all assets | ||
ING U.S. Government Money Market Portfolio |
October 31, 2008 | 0.35% on first $1 billion 0.325% on next $2 billion 0.30% in excess of $3 billion | ||
ING WisdomTreeSM Global High-Yielding Equity Index Portfolio |
January 16, 2008 | 0.46% on all assets |
-3-