May 1, 2009 Michael Gioffre Senior Vice President ING Investment Management Co.
Exhibit (d)(2)(iv)
May 1, 2009
▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Senior Vice President
ING Investment Management Co.
▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
Hartford, CT 06103-3607
Dear ▇▇. ▇▇▇▇▇▇▇:
Pursuant to the Sub-Advisory Agreement dated March 1, 2002 between ING Investments, LLC and ING Investment Management Co., as amended (the “Agreement”), we hereby notify you of our intention to retain you as Sub-Adviser to render investment advisory services to ING RussellTM Large Cap Growth Index Portfolio, ING RussellTM Large Value Index Portfolio, ING RussellTM Mid Cap Growth Index Portfolio, and ING Hang Seng Index Portfolio (collectively, the “Portfolios”), effective May 1, 2009, each a series of ING Variable Portfolios, Inc., upon all of the terms and conditions set forth in the Agreement. Upon your acceptance, the Agreement will be modified to give effect to the foregoing by adding the Portfolios to the Amended Schedule A of the Agreement. The Amended Schedule A, with the annual sub-advisory fees indicated for the Portfolios, is attached hereto.
The Amended Schedule A has also been updated to reflect the name change of ING Opportunistic LargeCap Value Portfolio to ING Opportunistic LargeCap Portfolio, the name change of ING ▇▇▇▇▇▇▇™ Global Large Cap Index 85% Portfolio to ING ▇▇▇▇▇▇▇™ Global Large Cap Index 75% Portfolio, the name change of ING VP Index Plus LargeCap Portfolio to ING Index Plus LargeCap Portfolio, the name change of ING VP Index Plus MidCap Portfolio to ING Index Plus MidCap Portfolio, the name change of ING VP Index Plus SmallCap Portfolio to ING Index Plus SmallCap Portfolio, and the name change of ING VP Small Company Portfolio to ING Small Company Portfolio.
Please signify your acceptance to act as Sub-Adviser for the Portfolios by signing below where indicated.
| Very sincerely, |
| /s/ ▇▇▇▇ ▇▇▇▇▇ |
| ▇▇▇▇ ▇▇▇▇▇ |
| Senior Vice President |
| ING Investments, LLC |
ACCEPTED AND AGREED TO:
ING Investment Management Co.
| By: | /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ | |
| Name: |
▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ | |
| Title: |
Senior Vice President , ▇▇▇▇ Authorized |
| ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇. Scottsdale, AZ ▇▇▇▇▇-▇▇▇▇ |
Tel: ▇▇▇-▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇ ▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇ |
ING Investments, LLC |
AMENDED SCHEDULE A
with respect to the
between
ING INVESTMENTS, LLC,
and
ING INVESTMENT MANAGEMENT CO.
| Series |
Effective Date |
Annual Sub-Advisory Fee | ||
| ING Global Equity Option Portfolio |
August 20, 2008 | 0.045% | ||
| ING Hang Seng Index Portfolio |
May 1, 2009 | 0.27% | ||
| ING Index Plus LargeCap Portfolio |
May 1, 2002 | 0.158% | ||
| ING Index Plus MidCap Portfolio |
May 1, 2002 | 0.180% | ||
| ING Index Plus SmallCap Portfolio |
May 1, 2002 | 0.180% | ||
| ING International Index Portfolio |
March 4, 2008 | 0.1710% on all assets | ||
| ING Morningstar U.S. Growth Index Portfolio |
April 28, 2008 | 0.1395% on all assets | ||
| ING Opportunistic LargeCap Growth Portfolio |
May 1, 2002 | 0.270% | ||
| ING Opportunistic LargCap Portfolio |
May 1, 2002 | 0.270% | ||
| ING ▇▇▇▇▇▇▇™ Global Large Cap Index 75% Portfolio |
August 20, 2008 | 0.21% on all assets | ||
| ING RussellTM Large Cap Growth Index Portfolio |
May 1, 2009 | 0.2025% | ||
| ING RussellTM Large Value Index Portfolio |
May 1, 2009 | 0.2025% | ||
2
| ING RussellTM Mid Cap Growth Index Portfolio |
May 1, 2009 | 0.2025% | ||
| ING ▇▇▇▇▇▇▇™ Large Cap Index Portfolio |
March 4, 2008 | 0.1125% on all assets | ||
| ING ▇▇▇▇▇▇▇™ Mid Cap Index Portfolio |
March 4, 2008 | 0.1395% on all assets | ||
| ING ▇▇▇▇▇▇▇™ Small Cap Index Portfolio |
March 4, 2008 | 0.1485% on all assets | ||
| ING Small Company Portfolio |
May 1, 2002 | 0.338% | ||
| ING U.S. Government Money Market Portfolio |
October 31, 2008 | 0.158% on first $1 billion 0.146% on the next $2 billion 0.135% in excess of $3 billion | ||
| ING WisdomTreeSM Global High-Yielding Equity Index Portfolio |
January 16, 2008 | 0.21% on all assets | ||
3