0001104659-07-042734 Sample Contracts

SUB-ADVISORY AGREEMENT ING SERIES FUND, INC.
Sub-Advisory Agreement • May 24th, 2007 • Ing Series Fund Inc • Arizona

AGREEMENT made this 30th day of September 2006 (the “Agreement”) between ING Investments, LLC, an Arizona limited liability company (the “Manager”), and BlackRock Advisors, LLC, a Delaware limited liability company (the “Sub-Adviser”).

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SECOND AMENDMENT TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • May 24th, 2007 • Ing Series Fund Inc

This Second Amendment, effective as of January 1, 2007, amends the Sub-Advisory Agreement (the “Agreement”) dated the 1st day of March 2002, as amended, between ING Investments, LLC, an Arizona limited liability company (the “Manager”) and ING Investment Management Co. (formerly Aeltus Investment Management, Inc.), a Connecticut corporation (the “Sub-Adviser”).

AMENDMENT TO AMENDED INVESTMENT MANAGEMENT AGREEMENT
Investment Management Agreement • May 24th, 2007 • Ing Series Fund Inc

This Amendment, effective as of January 1, 2007, amends the Amended Investment Management Agreement (the “Agreement”) dated the 1st day of April 2004, between ING Investments, LLC, an Arizona limited liability company (the “Manager”) and ING Series Fund, Inc., a Maryland corporation (the “Fund”).

FIRST AMENDMENT TO SUB-ADVISORY AGREEMENT
Sub-Advisory Agreement • May 24th, 2007 • Ing Series Fund Inc

This First Amendment, effective as of January 1, 2007, amends the Sub-Advisory Agreement (the “Agreement”) dated the 30th day of September 2006, between ING Investments, LLC, an Arizona limited liability company (the “Manager”) and BlackRock Advisors, LLC, a Delaware limited liability company (the “Sub-Adviser”).

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