August 20, 2008 Michael Gioffre Senior Vice President ING Investment Management Co. Hartford, CT 06103-3607 Dear Mr. Gioffre:
(d)(2)(iv)
August 20, 2008
Xxxxxxx Xxxxxxx
Senior Vice President
ING Investment Management Co.
00 Xxxxx Xxxxx Xxxxxx
Hartford, CT 06103-3607
Dear Xx. Xxxxxxx:
Pursuant to the Sub-Advisory Agreement dated March 1, 2002 between ING Investments, LLC and ING Investment Management Co., as amended (the “Agreement”), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING Xxxxxxx™ Global Large Cap Index 85% Portfolio and ING Global Equity Option Portfolio (together, the “Portfolios”), effective August 20, 2008, each a series of ING Variable Portfolios, Inc., 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 Portfolios to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Portfolios, is attached hereto.
The Amended Schedule A has also been updated to reflect: 1) the name change of ING VP Global Science and Technology Portfolio to ING BlackRock Global Science and Technology Portfolio, the name change of ING VP Growth Portfolio to ING Opportunistic LargeCap Growth Portfolio, and the name change of ING VP Value Opportunity Portfolio to ING Opportunistic LargeCap Value Portfolio and 2) the removal of ING VP International Equity Portfolio because it merged into ING VP Index Plus International Equity Portfolio.
Please signify your acceptance to act as Sub-Adviser for the Portfolios by signing below where indicated.
| Very sincerely, |
| /s/ Xxxx Xxxxx |
| Xxxx Xxxxx |
| Senior Vice President ING Investments, LLC |
| ACCEPTED AND AGREED TO: ING Investment Management Co. | ||
| By: | /s/ Xxxxxx Xxxxxx | |
| Name: | Xxxxxx Xxxxxx | |
| Title: | SVP, Head of Corp. Finance, Duly Authorized | |
| 0000 X. Xxxxxxxxxx Xxxxx Xx. Scottsdale, AZ 00000-0000 |
Tel: 000-000-0000 Fax: 000-000-0000 xxx.xxxxxxxx.xxx |
ING Investments, LLC |
AMENDED SCHEDULE A
with respect to the
between
ING INVESTMENTS, LLC,
and
ING INVESTMENT MANAGEMENT CO.
| Series |
Effective Date |
Annual Sub-Advisory Fee | ||
| ING Global Equity Option Portfolio | August 20, 2008 | 0.045% | ||
| ING International Index Portfolio | March 4, 2008 | 0.1710% on all assets | ||
| ING Morningstar U.S. Growth Index Portfolio | April 28, 2008 | 0.1395% on all assets | ||
| ING Opportunistic LargeCap Growth Portfolio | 0.270% | |||
| ING Opportunistic LargCap Value Portfolio | 0.270% | |||
| ING Xxxxxxx™ Global Large Cap Index 85% Portfolio | August 20, 2008 | 0.21% on all assets | ||
| ING Xxxxxxx™ Large Cap Index Portfolio | March 4, 2008 | 0.1125% on all assets | ||
| ING Xxxxxxx™ Mid Cap Index Portfolio | March 4, 2008 | 0.1395% on all assets | ||
| ING Xxxxxxx™ Small Cap Index Portfolio | March 4, 2008 | 0.1485% on all assets | ||
| ING VP Index Plus LargeCap Portfolio | 0.158% | |||
| ING VP Index Plus MidCap Portfolio | 0.180% | |||
| ING VP Index Plus SmallCap Portfolio | 0.180% | |||
| ING VP Small Company Portfolio | 0.338% | |||
| ING WisdomTreeSM Global High-Yielding Equity Index Portfolio | January 16, 2008 | 0.21% on all assets |
2
