November 1, 2010 Tradewinds Global Investors, LLC Attention: General Counsel Los Angeles, CA 90067 Dear Sir or Madam:
(d)(10)(i)
November 1, 2010
Tradewinds Global Investors, LLC
Attention: General Counsel
2049 Century Park East 20th Floor
Los Angeles, CA 90067
Dear Sir or Madam:
Pursuant to the Sub-Advisory Agreement (the “Agreement”) dated November 16, 2007, between ING Investments, LLC and Tradewinds Global Investors, LLC (the “Sub-Adviser”) we hereby notify you of our intention to modify the fees payable to the Sub-Adviser for ING International Value Choice Fund (the “Fund”), a series of ING Mutual Funds, effective on or about November 1, 2010. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by amending the Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Fund, is attached hereto.
Please signify your acceptance to the modification of the sub-advisory fee for the Fund by signing below where indicated.
| Very sincerely, |
| /s/ Xxxx Xxxxx |
| Xxxx Xxxxx Senior Vice President ING Investments, LLC |
| ACCEPTED AND AGREED TO: Tradewinds Global Investors, LLC | ||
| By: |
/s/ Xxxxxxxxx Xxxxxxxx | |
| Name: |
Xxxxxxxxx Xxxxxxxx | |
| Title: |
Co-President, 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
SUB-ADVISORY AGREEMENT
between
ING INVESTMENTS, LLC
and
TRADEWINDS GLOBAL INVESTORS, LLC
| Series |
Annual Sub-Adviser Fee | |
| (as a percentage of average daily net assets) | ||
| ING International Value Choice Fund |
0.50% on all assets under management with respect to ING International Value Choice Fund | |
2
