THIRD AMENDMENT TO FUND PARTICIPATION AGREEMENT
Exhibit 24(b)(8.6) | |||
THIRD AMENDMENT | |||
TO FUND PARTICIPATION AGREEMENT | |||
THIS THIRD AMENDMENT dated as of February 1, 2013, by and between | |||
AllianceBernstein Investments, Inc. (the “Distributor”) and ING Life Insurance and Annuity | |||
Company (“ING Life”), and ING Financial Advisers, LLC (“ING Financial”) (collectively, | |||
“ING”), is made to the Fund Participation Agreement dated as of October 26, 2000. Terms | |||
defined in the Agreement are used herein as therein defined. | |||
WHEREAS, the parties desire to amend that Agreement to make the AllianceBernstein | |||
Exchange Reserves Fund available to clients of ING. | |||
NOW, THEREFORE, in consideration of the mutual benefits and promises contained | |||
herein, the parties hereby amend the Agreement as follows: | |||
Schedule B to the Agreement — List of Available Funds and Fee Schedule — is deleted | |||
in its entirety and replaced with the Schedule B attached hereto. | |||
Except as provided herein, the terms and conditions contained in the Agreement, shall | |||
remain in full force and effect. | |||
IN WITNESS WHEREOF, the parties hereto have caused this amendment to be | |||
executed in their names and on their behalf by and through their duly authorized officers as of | |||
the day and year set forth above. | |||
ING LIFE INSURANCE AND | ALLIANCEBERNSTEIN | ||
ANNUITY COMPANY | INVESTMENTS, INC. | ||
By: | /s/ Xxxxxxxx Xxxxxxxxx | By: | /s/ Xxxxxx X. Xxxxx |
Name: Xxxxxxxx Xxxxxxxxx | Name: Xxxxxx X. Xxxxx | ||
Title: Vice President | Title: Assistant Secretary | ||
ING FINANCIAL ADVISERS, LLC | |||
By: | /s/ Xxxxx Xxxxxx | ||
Name: Xxxxx Xxxxxx | |||
Title: Vice President | |||
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Schedule B |
List of Available Funds |
All Class A shares of AllianceBernstein Funds, including the AllianceBernstein Exchange Reserves Fund |
All Class R shares of AllianceBernstein Funds, including the AllianceBernstein Exchange Reserves Fund |
All Class K shares of AllianceBernstein Funds, including the AllianceBernstein Exchange Reserves Fund |
All Class I shares of AllianceBernstein Funds, including the AllianceBernstein Exchange Reserves Fund |
Fee Schedule |
As compensation for the services ING renders under the Agreement, Distributor will pay a fee to |
ING equal to on an annual basis the rate set forth below multiplied by the average daily value of |
the assets in ING accounts in the Funds. |
Share Class | A | R | K | I | |
12b-1 Fees | ___% | ___% | ___% | ___% | |
Service | ___% | ___% | ___% | ___% | |
Fees* | |||||
Total Fees | ___% | ___% | ___% | ___% |
* No Service Fees shall be payable under the Agreement with respect to the AllianceBernstein |
Exchange Reserves Fund. |
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