January 20, 2006 ING Funds Trust 7337 East Doubletree Ranch Road Scottsdale, Arizona 85258 Re: Reduction in Fee Payable under Distribution Plan for Class A Shares Ladies and Gentlemen: Pursuant to our letter agreement dated August 1, 2005 with regard...
(m)(3)(i)
January 20, 2006
Re: Reduction in Fee Payable under Distribution Plan for Class A Shares
Ladies and Gentlemen:
Pursuant to our letter agreement dated August 1, 2005 with regard to ING Classic Money Market
Fund, a series of ING Funds Trust (the “Fund”), we have waived a portion of the distribution fee
payable to us under the Distribution Plan (the “Plan”) for Class A Shares of the Fund, through a
reduction in the distribution fee of up to 0.40% of 0.50% of the average daily net assets of the
Fund for the period from August 1, 2005 through August 1, 2006.
By this letter, we agree to continue to waive this fee for the period from January 20, 2006
through and including August 1, 2007.
This Agreement supercedes the August 1, 2005 letter agreement between ING Funds Distributor,
LLC and ING Funds Trust (the “Former Agreement”), and we note that the Former Agreement is no
longer in effect for ING High Yield Bond Fund, ING Intermediate Bond Fund and ING National
Tax-Exempt Bond Fund.
Please indicate your agreement to this arrangement by executing below in the place indicated.
| Sincerely, | ||||
| /s/Xxxxxxx X. Xxxxxx
|
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| Executive Vice President | ||||
| ING Funds Distributor, LLC |
By:
|
/s/Xxxxxx X. Xxxx
|
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| Senior Vice President |
| 0000 X. Xxxxxxxxxx Xxxxx Xx. | Tel: 000-000-0000 | ING Funds Distributor, LLC | ||
| Scottsdale, AZ 00000-0000 | Fax: 000-000-0000 | |||
| xxx.xxxxxxxx.xxx |
