July 31, 2007 Michael Quain
Exhibit 99.B(d)(2)(M)(ii)
July 31, 2007
Xxxxxxx Xxxxx
Xxxxxx Xxxx Investment Management, Inc.
000 Xxxxxxx Xxxxxx,
New York, NY 10017
Dear Xx. Xxxxx:
Pursuant to the Sub-Advisory Agreement dated September 2, 2003, between Directed Services, LLC and Xxxxxx Xxxx Investment Management, Inc. (the “Agreement”) we hereby notify you of our intention to modify the fees payable to the Sub-Adviser for ING Xxxxxx Xxxx Foreign Portfolio, a series of ING Investors Trust (the “Fund”), effective July 31, 2007. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Fund, is attached to this letter.
Please signify your acceptance to the modification of the sub-advisory fee for the Fund by signing below where indicated.
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Very sincerely, |
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By: |
/s/ Xxxx Xxxxx |
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Name: |
Xxxx Xxxxx |
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Title: |
Senior Vice President |
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ACCEPTED AND AGREED TO: |
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Xxxxxx Xxxx Investment Management, Inc. |
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By: |
/s/ X. Xxxxxxxx |
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Name: |
X. Xxxxxxxx |
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Title: |
MD , Duly Authorized |
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0000 X. Xxxxxxxxxx Xxxxx Xx. |
Tel: 000-000-0000 |
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Scottsdale, AZ 00000-0000 |
Fax: 000-000-0000 |
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xxx.xxxxxxxx.xxx |
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AMENDED SCHEDULE A
with respect to the
between
DIRECTED SERVICES, LLC
and
XXXXXX XXXX INVESTMENT MANAGEMENT, INC.
Series |
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Annual Sub-Adviser Fee |
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(as a percentage of average daily net assets) |
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ING Xxxxxx Xxxx Foreign Portfolio |
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0.45% on first $500 million; |
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when assets are greater than or equal to $500 million, the fee schedule resets as indicated below: |
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0.40% on all assets* |
* For purposes of calculating fees under this Agreement, the assets of the series shall be aggregated with the assets of the ING Foreign Fund, which is not a party to this Agreement. The aggregated assets will be applied to the above schedule and the resulting fee shall be prorated back to the series and their respective Adviser based on relative net assets.
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