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EXHIBIT 99.L
FORM OF
PURCHASE AGREEMENT
ING Variable Insurance Trust, a Delaware business trust (the "Trust"),
and ING Mutual Funds Management Co. LLC hereby agree as follows:
1. The Trust hereby offers and ING Mutual Funds Management Co. LLC
hereby purchases shares (the "Original Shares"), par value $.001 per share, of
each portfolio ("Fund") of the Trust as indicated on Exhibit A, attached hereto.
ING Mutual Funds Management Co. LLC hereby acknowledges receipt of a purchase
confirmation reflecting the purchase of the Shares, and the Trust hereby
acknowledges receipt ING Mutual Funds Management Co. LLC in the amount of
$100,000 in full payment for the Original Shares.
2. ING Mutual Funds Management Co. LLC represents and warrants to the
Trust that the Original Shares are being acquired for investment purposes and
not with a view to the distribution thereof.
IN WITNESS WHEREOF, the parties hereto have executed this agreement
this ______ day of ____________, 2000.
ING VARIABLE INSURANCE TRUST
Attest:
_____________________________ By: _______________________________
Name:
Title:
ING MUTUAL FUNDS MANAGEMENT CO. LLC
Attest:
_____________________________ By: _______________________________
Name:
Title:
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EXHIBIT A
Name of Fund Number of Shares Price Per Share
------------ ---------------- ---------------
ING International Equity Fund 5,000 $10.00
ING Global Brand Names Fund 5,000 $10.00
