November 9, 2007 Todd Modic Senior Vice President ING Investments, LLC Scottsdale, AZ 85258 Dear Mr. Modic:
Exhibit 99.B(d)(1)(B)(iii)
November 9, 2007
Xxxx Xxxxx
Senior Vice President
ING Investments, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Management Agreement dated August 21, 2003, 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 American Funds Bond Portfolio (the “Portfolio”), a newly established series of ING Investors Trust, effective November 9, 2007, 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 Portfolio to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual investment management fee indicated for the Portfolio, is attached hereto.
Please signify your acceptance to act as Manager under the Agreement with respect to the aforementioned Portfolio.
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Very sincerely, |
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By: |
/s/ Xxxxxxxx X. Xxxxxxxx |
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Name: |
Xxxxxxxx X. Xxxxxxxx |
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Title: |
Senior Vice President |
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ACCEPTED AND AGREED TO:
ING Investments, LLC
By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
0000 X. Xxxxxxxxxx Xxxxx Xx. |
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Tel: 000-000-0000 |
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AMENDED SCHEDULE A
with respect to the
INVESTMENT MANAGEMENT AGREEMENT
between
and
ING INVESTMENTS, LLC
Series(1) |
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Annual Investment |
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(as a percentage of average daily net assets) |
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ING American Funds Bond Portfolio(2) |
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If the Series has not invested all or substantially
all of its assets in another investment company: |
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ING American Funds
Growth |
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If the Series has not
invested all or substantially all of its assets in another investment
company: |
(1) This Schedule A to the Investment Management Agreement will be effective with respect to the Series upon the effective date of the post effective amendment to the Trust’s Registration Statement with respect to each Series.
(2) The initial two-year term of ING American Funds Bond Portfolio commenced on November 9, 2007.
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plus 0.30% on net
assets in excess of $13.0 billion; and |
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ING American Funds
International |
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If the Series has not
invested all or substantially all of its assets in another investment
company: |
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ING American Funds
Growth-Income |
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If the Series has not
invested all or substantially all of its assets in another investment
company: |