August 1, 2008 ING Funds Trust 7337 East Doubletree Ranch Road Scottsdale, Arizona 85258
Exhibit 99.B(m)(1)(ii)
August 1, 2008
ING Funds Trust
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Scottsdale, Arizona 85258
Re: Reduction in Fee Payable under the Second Amended and Restated Distribution Plan for Class A Shares
Ladies and Gentlemen:
Pursuant to our letter agreement dated January 20, 2006 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 for Class A Shares of the Fund, through a reduction in the distribution fee of up to 0.40% of the average daily net assets of the Fund for the period from January 20, 2006 through August 1, 2008.
By this letter, we agree to continue to waive this fee for the period from August 1, 2008 through and including August 1, 2009.
Please indicate your agreement to this arrangement by executing below in the place indicated.
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Sincerely, |
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Senior Vice President |
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ING Funds Distributor, LLC |
Agreed and Accepted:
(on behalf of the Fund)
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By: |
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Senior Vice President |
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ING Funds Distributor, LLC |