TO SELLING AND SERVICES AGREEMENT

Exhibit 24(b)(8.42) SEVENTH AMENDMENT
TO SELLING AND SERVICES AGREEMENT
This Seventh Amendment dated as of September 30, 2009 by and between ING Life Insurance and
Annuity Company (formerly Aetna Life Insurance and Annuity Company) (“ING Life”), ING Institutional
Plan Services, LLC (“ING Institutional”), ING Financial Advisers, LLC (formerly Aetna Investment
Services, Inc.)(“ING Financial”)(collectively “ING”), and each of the investment companies comprising the
Lord Xxxxxx Family of Funds, whether existing at the date of this Amendment or established subsequent
thereto, including each separate investment portfolio (each a “Fund” and collectively, the “Funds”), Lord
Xxxxxx Distributor LLC (the “Distributor”), and Lord, Xxxxxx & Co. LLC, (“Adviser”), is made to the
Selling and Services Agreement dated as of March 1, 2001 (the “Agreement”) as amended on July 25, 2002,
September 26, 2003, September 1, 2004, October 1, 2007, August 12, 2008, and August 31, 2008. Terms
defined in the Agreement are used herein as therein defined.
WHEREAS, the parties wish to add ING Institutional to the Agreement; and
WHEREAS, the parties wish to amend certain other provisions of the Agreement, as provided
below.
NOW, THEREFORE, in consideration of the promises and mutual covenants hereinafter
contained, the parties agree as follows:
1.	ING Institutional is hereby added to the Agreement as an additional recordkeeper, and all
provisions relating to ING Life in the Agreement are hereby amended to refer to both ING Life and ING
Institutional. The defined term “ING” in the Agreement is hereby amended to include ING Life, ING
Institutional, and ING Financial.
2.	Paragraph 2 of the Agreement is hereby deleted in its entirety and replaced with the
following:
	2.	Omnibus Account.
		The parties agree that up to two omnibus accounts, each held in the name of the
	Nominee, may be maintained for those Plan assets directed for investment in the Funds
	(“Account” or “Accounts"). One such omnibus account may be maintained in
	connection with Plans for which ING Life is providing various recordkeeping and
	recordkeeping-related administrative services, and the other such omnibus account may
	be maintained in connection with Plans for which ING Institutional is providing various
	recordkeeping and recordkeeping-related administrative services. Alternatively, one
	Account may be maintained in connection with Plans for which both ING Life and ING
	Institutional shall provide such recordkeeping and administrative services. Accounts
	shall be separate and distinct from those ING Institutional accounts (both omnibus and
	per Plan accounts) covered under the Services Agreement, dated January 1, 2008, by and
	between ING Institutional Plan Services, LLC (f/k/a CitiStreet LLC), ING Investment
	Advisors, LLC (f/k/a CitiStreet Advisors LLC), Lord Xxxxxx Distributor LLC and the
	Funds (the “Legacy Agreement”). ING Life or ING Institutional, as service agents for
	the Plans, shall facilitate purchase and sale transactions with respect to the Account in
	accordance with the Agreement.
3.	Paragraphs 4 and 5 of the Agreement are hereby deleted in their entirety and replaced with
the following:
		4.	Recordkeeping Fees: The provision of recordkeeping and recordkeeping-
	related services to the Plans shall be the responsibility of ING Life and ING Institutional,

	and shall not be the responsibility of Distributor or the Funds. In consideration of the
	recordkeeping services and recordkeeping-related services provided by ING under the
	Agreement, the Funds agree to pay or cause to be paid an annual fee as specified in
	Exhibit A (attached), based on the average net assets invested in the Funds through ING
	Life’s or ING Institutional’s arrangements with Plans in each calendar quarter. Such
	fees shall apply only with respect to the Account or Accounts and not accounts covered
	by the Legacy Agreement. Within thirty (30) days after the end of each calendar quarter
	the Funds shall provide ING Life or ING Institutional with a statement showing the
	aggregate value of ING Life’s or ING Institutional’s accounts for the preceding quarter
	and include therewith a payment to ING Life or ING Institutional for the compensation
	due ING Life or ING Institutional in accordance with this paragraph.
	5.	Service and Distribution Fees. To compensate ING Financial for its
	servicing of shareholders and distribution of certain Fund shares, Distributor, shall make
	quarterly payments to ING Financial, as specified in Exhibit A (attached), based on the
	average net assets invested in Fund shares through ING Life’s or ING Institutional’s
	arrangements with Plans in each calendar quarter. Such fees shall apply only with
	respect to the Account or Accounts and not accounts covered by the Legacy Agreement.
	Distributor will make such payments to ING Financial within thirty (30) days after the
	end of each of January, April, July and October. Each payment will be accompanied by
	a statement showing the calculation of the fee payable to ING Financial for the quarter
	and such other supporting data as may be reasonably requested by ING Financial.
	Service and distribution fees payable under this Section 5 are derived from payments
	made to Distributor under the Funds’ Rule 12b-1 plans (“Plans”). Plans are subject to
	termination or discontinuation at any time. Thus, Distributor’s duty to make such
	payments is subject to the continuation of the Plans and Distributor’s receipt of Plan
	payments from the Funds. Any payments will be made in the amount and manner set
	forth in the Prospectus or in the applicable schedule of payments issued by the
	Distributor or the Funds and then in effect. Upon notice to ING, the Distributor or the
	Funds may change or discontinue any schedule of payments, or issue a new schedule.
4.	The following is added as Section 12(d) to the Agreement:
	(d) Representations of ING Institutional. ING Institutional represents and
	warrants:
	(i) that it (1) is a limited liability company organized under the laws of the State
	of Delaware, (2) is in good standing in that jurisdiction, (3) is in material compliance
	with all applicable federal and state laws, (4) is duly licensed and authorized to conduct
	business in every jurisdiction where such license or authorization is required, and will
	maintain such license or authorization in effect at all times during the term of this
	Agreement, and (5) has full authority to enter into this Agreement and carry out its
	obligations pursuant to it terms; and
	(ii) that it is authorized under the Plans to (1) provide administrative services to
	the Plans and (2) facilitate transactions in the Fund through the Account.
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5.	The following replaces Section 14(b) of the Agreement:
	(b) Notices. All notices and other communications hereunder shall be given or
	made in writing and shall be delivered personally, or sent by telex, facsimile, express
	delivery or registered or certified mail, postage prepaid, return receipt requested, to the
	party or parties to whom they are directed at the following address, or at such other
	addresses as may be designated by notice from such party to all other parties.
	To ING Life/ING Financial/ING Institutional:
	Xxxxxxx Xxxxxxxxxx
	Counsel
	ING Americas Legal Services
	Xxx Xxxxxx Xxx, X0X
	Xxxxxxx, XX 00000
	Fax: 000-000-0000
	To the Funds and Distributor:
	Lord Xxxxxx Distributor LLC
	00 Xxxxxx Xxxxxx
	Xxxxxx Xxxx, XX 00000
	Attention: General Counsel
	Any notice, demand or other communication given in a manner prescribed in this
	Subsection (b) shall be deemed to have been delivered on receipt.
6.	Exhibit A to the Agreement is hereby deleted and replaced by Exhibit A, attached hereto.
7.	Except as modified hereby, all other terms and conditions of the Agreement shall remain in
full force and effect.
8.	This Amendment may be executed in two or more counterparts, each of which shall be
deemed to be an original, but all of which together shall constitute one and the same Amendment.
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	IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first
written above.
ING LIFE INSURANCE AND		THE LORD XXXXXX FAMILY OF FUNDS
ANNUITY COMPANY
		By:	/s/ Xxxxxxxx X. Xxxxxx
By:	/s/ Xxxx X. Xxxxxxx	Name: Xxxxxxxx X. Xxxxxx
Name:	Xxxx X. Xxxxxxx	Title: Vice President and Secretary
Title: Vice President
ING FINANCIAL ADVISERS, LLC		LORD XXXXXX DISTRIBUTOR LLC
		By: Lord, Xxxxxx & Co. LLC, its Managing
By:	/s/ Xxxxx Xxxxxx	Member
Name:	Xxxxx Xxxxxx
Title:	COO/VP	By:	/s/ Xxxxxxxx X. Xxxxxx
		Name: Xxxxxxxx X. Xxxxxx
		Title: Member
ING INSTITUTIONAL PLAN SERVICES, LLC
By: /s/ Xxxxxxxx Xxxxxxxxx Attorney in Fact
Name:	Xxxxxxxx Xxxxxxxxx, Attorney in Fact
Title: Vice President
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Schedule A

EXHIBIT A

Series and Classes which may be offered to Plans through ING pursuant to the Selling and Services 

Agreement dated as of March 1, 2001, as amended by Amendment No. 1 to the Selling and Services 

Agreement dated as of July 25, 2002, by Amendment No. 2 to the Selling and Services Agreement dated as 

of September 26th, 2003, by Amendment No. 3 to the Selling and Services Agreement effective as of 

September 1, 2004, by Amendment to Agreement effective as of October 1, 2007, Amendment No. 5 to the 

Selling and Services Agreement effective as of August 12, 2008, Amendment No. 6 to the Selling and 

Services Agreement effective as of August 31, 2008 (“Selling and Services Agreement”). 

The term “Fund” or collectively “Funds” as used generally in the Selling and Services Agreement, unless 

otherwise defined, means each of the investment companies comprising the Lord Xxxxxx Family of Funds, 

including each separate investment portfolio, whether existing at the date of the Selling and Services 

Agreement or established subsequent thereto. 

Share	Administrative	Shareholder	Distribution Fee	Total Fees
Class	Fee	Services Fee
Class A	____% of the	____% of the average	n/a	____% of the
	average daily net	daily NAV on an		average daily NAV
	asset value	annual basis		on an annual basis
	(“NAV”) on an
	annual basis
Class P*	____% of the	____% of the average	____% of the average	____% of the
	average daily NAV	daily NAV on an	daily NAV on an	average daily NAV
	on an annual basis	annual basis	annual basis	on an annual basis
Class I*	____% of the	n/a	n/a	____% of the
	average daily NAV			average daily NAV
	on an annual basis			on an annual basis
Class R2	____% of the	____% of the average	____% of the average	____% of the
	average daily NAV	daily NAV on an	daily NAV on an	average daily NAV
	on an annual basis	annual basis	annual basis	on an annual basis
Class R3	____% of the	____% of the average	____% of the average	____% of the
	average daily NAV	daily net asset value	daily NAV on an	average daily NAV
	on an annual basis	on an annual basis	annual basis	on an annual basis
*Class P shares are closed to new Plans
*Class I shares of the Funds are available for purchase only with respect to Plans for which the total amount of potential
investable Plan assets exceeds $________ or another amount set forth in the applicable current Fund Prospectus.