April 30, 2010
Exhibit 99.B(h)(2)(i)
April 30, 2010
Xxxx Xxxxx
Senior Vice President
ING Funds Services, LLC
0000 X. Xxxxxxxxxx Xxxxx Xxxx
Scottsdale, AZ 85258
Dear Xx. Xxxxx:
Pursuant to the Administrative Services Agreement dated November 19, 2003, as amended, between ING Partners, Inc. and ING Funds Services, LLC (the “Agreement”) we hereby notify you of our intention to retain you as Administrator to render administrative and other services to ING Solution Aggressive Growth Portfolio, and ING Solution Conservative Portfolio, two newly established series of ING Partners, Inc. (together, the “New Series”), 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 the Amended Schedule A and Amended Schedule B of the Agreement. The Amended Schedule A and Amended Schedule B are attached hereto.
The Amended Schedule A and the Amended Schedule B have also been updated to reflect name changes for ING Xxxx Xxxxx Partners Aggressive Growth Portfolio to ING Xxxx Xxxxx ClearBridge Aggressive Growth Portfolio, ING Xxxxxxxxxxx Strategic Income Portfolio to ING Xxxxxxxxxxx Global Strategic Income Portfolio, and ING Solution Growth and Income Portfolio to ING Solution Moderate Portfolio.
Please signify your acceptance to act as Administrator under the Agreement with respect to the New Series by signing below where indicated.
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Very sincerely, |
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/s/ Xxxxxxxx X. Xxxxxxxx |
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Xxxxxxxx X. Xxxxxxxx |
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Senior Vice President |
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ING Partners, Inc. |
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By: |
/s/ Xxxx Xxxxx |
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Xxxx Xxxxx |
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Senior Vice President |
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0000 X. Xxxxxxxxxx Xxxxx Xx. |
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Tel: 000-000-0000 |
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ING Partners, Inc. |
Scottsdale, AZ 00000-0000 |
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Fax: 000-000-0000 |
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xxx.xxxxxxxx.xxx |
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AMENDED SCHEDULE A
SERIES OF
ING PARTNERS, INC.
ING American Century Small-Mid Cap Value Portfolio |
ING Baron Small Cap Growth Portfolio |
ING Xxxxx New York Venture Portfolio |
ING Fidelity® VIP Contrafund® Portfolio |
ING Fidelity® VIP Equity-Income Portfolio |
ING Fidelity® VIP Growth Portfolio |
ING Fidelity® VIP Mid Cap Portfolio |
ING Index Solution 2015 Portfolio |
ING Index Solution 2025 Portfolio |
ING Index Solution 2035 Portfolio |
ING Index Solution 2045 Portfolio |
ING Index Solution 2055 Portfolio |
ING Index Solution Income Portfolio |
ING JPMorgan Mid Cap Value Portfolio |
ING Xxxx Xxxxx ClearBridge Aggressive Growth Portfolio |
ING Xxxxxxxxxxx Global Portfolio |
ING Xxxxxxxxxxx Global Strategic Income Portfolio |
ING PIMCO Total Return Portfolio |
ING Solution 2015 Portfolio |
ING Solution 2025 Portfolio |
ING Solution 2035 Portfolio |
ING Solution 2045 Portfolio |
ING Solution 2055 Portfolio |
ING Solution Aggressive Growth Portfolio |
ING Solution Conservative |
ING Solution Growth Portfolio |
ING Solution Income Portfolio |
ING Solution Moderate Portfolio |
ING X. Xxxx Price Diversified Mid Cap Growth Portfolio |
ING X. Xxxx Price Growth Equity Portfolio |
ING Xxxxxxxxx Value Portfolio |
ING UBS U.S. Large Cap Equity Portfolio |
ING Xxx Xxxxxx Xxxxxxxx Portfolio |
ING Xxx Xxxxxx Equity and Income Portfolio |
AMENDED SCHEDULE B
ADMINISTRATIVE SERVICES FEES
SERIES |
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FEES |
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ING American Century Small-Mid Cap Value Portfolio |
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0.25% |
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ING Baron Small Cap Growth Portfolio |
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0.23% |
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ING Xxxxx New York Venture Portfolio |
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0.10% |
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ING Fidelity® VIP Contrafund® Portfolio |
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0.05% while Series invested in Master |
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ING Fidelity® VIP Equity-Income Portfolio |
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0.05% while Series invested in Master |
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ING Fidelity® VIP Growth Portfolio |
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0.05% while Series invested in Master |
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ING Fidelity® VIP Mid Cap Portfolio |
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0.05% while Series invested in Master |
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ING Index Solution 2015 Portfolio |
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0.02% |
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ING Index Solution 2025 Portfolio |
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0.02% |
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ING Index Solution 2035 Portfolio |
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0.02% |
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ING Index Solution 2045 Portfolio |
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0.02% |
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ING Index Solution 2055 Portfolio |
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0.02% |
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ING Index Solution Income Portfolio |
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0.02% |
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ING JPMorgan Mid Cap Value Portfolio |
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0.25% |
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ING Xxxx Xxxxx ClearBridge Aggressive Growth Portfolio |
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0.13% |
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ING Xxxxxxxxxxx Global Portfolio |
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0.06% |
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ING Xxxxxxxxxxx Global Strategic Income Portfolio |
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0.04% |
SERIES |
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FEES |
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ING PIMCO Total Return Portfolio |
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0.25% on first $250
million |
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ING Solution 2015 Portfolio |
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0.02% |
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ING Solution 2025 Portfolio |
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0.02% |
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ING Solution 2035 Portfolio |
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0.02% |
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ING Solution 2045 Portfolio |
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0.02% |
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ING Solution 2055 Portfolio |
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0.02% |
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ING Solution Aggressive Growth Portfolio |
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0.02% |
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ING Solution Conservative Portfolio |
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0.02% |
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ING Solution Growth Portfolio |
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0.02% |
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ING Solution Income Portfolio |
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0.02% |
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ING Solution Moderate Portfolio |
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0.02% |
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ING X. Xxxx Price Diversified Mid Cap Growth Portfolio |
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0.02% |
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ING X. Xxxx Price Growth Equity Portfolio |
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0.15% |
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ING Xxxxxxxxx Value Portfolio |
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0.25% |
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ING UBS U.S. Large Cap Equity Portfolio |
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0.15% |
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XXX Xxx Xxxxxx Xxxxxxxx Portfolio |
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0.25% on first $1.1 billion |
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ING Xxx Xxxxxx Equity and Income Portfolio |
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0.10% |