Exhibit (h)(22) FORM OF AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT ING EQUITY TRUST - ING PRINCIPAL PROTECTION FUNDS THIS EXPENSE LIMITATION AGREEMENT, effective as of this 23rd day of September, 2002, by and between ING Investments, LLC (the...Expense Limitation Agreement • October 10th, 2002 • Ing Equity Trust
ANNUAL INVESTMENT SERIES MANAGEMENT FEE APPROVED BY BOARD REAPPROVAL DATE ------ -------------- ----------------- --------------- ING Principal Offering Phase 0.25% May 9, 2001 May 9, 2003 Protection Fund Guarantee Period 0.80% Index Plus LargeCap...Ing Equity Trust • October 10th, 2002
Pursuant to Section 1 of the Investment Management Agreement dated May 9, 2001, as amended, between ING Equity Trust (formerly Pilgrim Equity Trust) and ING Investments, LLC (successor by merger to ING Pilgrim Investments, LLC) (the "Agreement") we hereby notify you of our intention to retain you as Manager to render investment advisory services to ING Principal Protection Fund V, a newly established series of ING Equity Trust, upon all of the terms and conditions set forth in the Agreement. Upon your acceptance, the Agreement has been modified to give effect to the foregoing by adding the "ING Principal Protection Fund V" to Schedule A of the Agreement. The Amended and Restated Schedule A, with the annual investment management fee indicated for the series, is attached hereto.
