Exhibit 99.B(d)(1)(c)(ii)
[ING FUNDS LOGO]
January 3, 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 retain you as Manager to render
investment advisory services to ING Global Real Estate Portfolio (the "New
Series"), effective January 3, 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 adding the above-mentioned New Series to AMENDED
SCHEDULE A of the Agreement. The AMENDED SCHEDULE A, with the annual investment
management fee indicated for the New Series, is attached hereto.
Please signify your acceptance to act as Manager under the Agreement with
respect to the aforementioned New Series, by signing below.
Very sincerely,
/s/ Xxxxxx X. Xxxx
------------------
Xxxxxx X. Xxxx
Senior Vice President
ING Investors Trust
ACCEPTED AND AGREED TO:
ING Investments, LLC
By: /s/ 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
ANNUAL INVESTMENT
-----------------
MANAGEMENT FEE
SERIES --------------
------ (AS A PERCENTAGE OF AVERAGE DAILY NET ASSETS)
ING Global Real Estate Portfolio 0.90% on first $250 million
0.85% on next $250 million
0.80% 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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