February 29, 2012 Mr. Wayne D. Weaver Managing Director and Senior Relationship Manager BNY Mellon Asset Servicing 4th Floor Wilmington, DE 19810 Dear Mr. Weaver:Ing Mutual Funds • February 27th, 2012
Pursuant to the terms and conditions of the Custody Agreement, Foreign Custody Manager Agreement, Fund Accounting Agreement, Custody & Fund Accounting Fee Schedule, and Global Securities Fee Schedule, each dated January 6, 2003, the Cash Reserve Agreement dated March 31, 2003, and the Letter of Instruction and Indemnification Agreement In Connection With Signature Guarantees and Signature Verifications dated January 12, 2011 (collectively, the “Agreements”), we hereby notify you of the addition of ING Large Cap Growth Fund (the “Fund”), a newly established series of ING Series Fund, Inc., effective on February 29, 2012, to be included on the Amended Exhibit A to the Agreements as shown. This Amended Exhibit A supersedes the previous Amended Exhibit A dated November 30, 2011.
February 29, 2012 Mr. Wayne D. Weaver Managing Director and Senior Relationship Manager BNY Mellon Asset Servicing 4th Floor Wilmington, DE 19810 Dear Mr. Weaver:Ing Mutual Funds • February 27th, 2012
Pursuant to the terms and conditions of the Custody Agreement, Foreign Custody Manager Agreement, Fund Accounting Agreement, Custody & Fund Accounting Fee Schedule, and Global Securities Fee Schedule, each dated January 6, 2003, the Cash Reserve Agreement dated March 31, 2003, and the Letter of Instruction and Indemnification Agreement In Connection With Signature Guarantees and Signature Verifications dated January 12, 2011 (collectively, the “Agreements”), we hereby notify you of the addition of ING Large Cap Growth Fund (the “Fund”), a newly established series of ING Series Fund, Inc., effective on February 29, 2012, to be included on the Amended Exhibit A to the Agreements as shown. This Amended Exhibit A supersedes the previous Amended Exhibit A dated November 30, 2011.
February 29, 2012 Ms. Katherine Dinella Vice President The Bank of New York Mellon - Securities Lending New York, NY 10166 Dear Ms. Dinella:Ing Mutual Funds • February 27th, 2012
Pursuant to the terms and conditions of the Securities Lending Agreement and Guaranty dated August 7, 2003 and the Subscription Agreement dated August 8, 2003 (the “Agreements”), we hereby notify you of the addition of ING Large Cap Growth Fund (the “Fund”), a newly established series of ING Series Fund, Inc., to be included on the Amended Exhibit A to the Agreements. This Amended Exhibit A supersedes the previous Amended Exhibit A dated November 30, 2011, and is attached hereto.
March 1, 2012 Todd Modic Senior Vice President ING Investments, LLC Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:Ing Mutual Funds • February 27th, 2012
Pursuant to the Sub-Advisory Agreement dated March 1, 2005, between Acadian Asset Management LLC (“Acadian”), sub-adviser to ING International Small Cap Fund, formerly, ING International SmallCap Multi-Manager Fund (the “Fund”), a series of ING Mutual Funds, and ING Investments, LLC (“IIL”), the sub-advisory fee rate payable by IIL to Acadian on behalf of the Fund is reduced effective as of January 1, 2010.
March 1, 2012 ING Mutual Funds Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:Ing Mutual Funds • February 27th, 2012
ING Investments, LLC (“IIL”) and ING Mutual Funds (“IMF”), on behalf of ING International Value Choice Fund (the “Fund”), are parties to an Amended and Restated Investment Advisory Agreement dated September 23, 2002, as amended (the “Agreement”) under which IMF has agreed to pay IIL an annual advisory fee for investment management services with respect to the Fund.
March 1, 2012 ING Mutual Funds Suite 100 Scottsdale, AZ 85258-2034Ing Mutual Funds • February 27th, 2012
By execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, ING Investments, LLC (“ING Investments”), the Adviser to ING Greater China Fund (the “Fund”), agrees that ING Investments shall, from March 1, 2012 through March 1, 2013, waive all or a portion of its investment management fee and/or reimburse expenses in amounts necessary so that after such waivers and/or reimbursements, the maximum total operating expense ratios of the Fund shall be all follows:
March 1, 2012 ING Mutual Funds Suite 100 Scottsdale, AZ 85258-2034Ing Mutual Funds • February 27th, 2012
Pursuant to this letter agreement dated March 1, 2012, with regard to ING Global Opportunities Fund, formerly known as ING Foreign Fund, we hereby agree to waive and/or reimburse the investment management fee in accordance with the Expense Limitation Agreement between ING Investments, LLC and ING Mutual Funds, dated September 23, 2002, as restated August 1, 2003, and further amended and restated February 1, 2005 (the “Expense Limitation Agreement”), for the period from March 1, 2012 through March 1, 2013 as if the Maximum Operating Expense Limits specified in Amended Schedule A of the Expense Limitation Agreement were as follows:
March 1, 2012 ING Mutual Funds Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:Ing Mutual Funds • February 27th, 2012
Pursuant to the Sub-Advisory Agreement dated March 1, 2007, as amended, between ING Investments, LLC and Hansberger Global Investors, Inc., sub-adviser to ING International Capital Appreciation Fund (the “Fund”), a series of ING Mutual Funds, the sub-advisory fee rate payable by ING Investments, LLC for the Fund was reduced on August 8, 2009.
March 1, 2012 Todd Modic Senior Vice President ING Investments, LLC Suite 100 Scottsdale, AZ 85258 Ladies and Gentlemen:Ing Mutual Funds • February 27th, 2012
Pursuant to the Sub-Advisory Agreement dated March 1, 2005, between Acadian Asset Management LLC (“Acadian”), sub-adviser to ING International Small Cap Fund, formerly, ING International SmallCap Multi-Manager Fund (the “Fund”), a series of ING Mutual Funds, and ING Investments, LLC (“IIL”), the sub-advisory fee rate payable by IIL to Acadian on behalf of the Fund is reduced effective as of January 1, 2010.
