EX-24 9 ex24b833franklin1stamdasa.htm EXHIBIT 24(B)(8.33) FRANKLIN TEMPLETON 1ST AMD TO AMDRST SA ex24b833franklin1stamdasa.htm - Generated by SEC Publisher for SEC Filing
Exhibit 24(b)(8.33)
           

Amendment No. 1 to Amended and Restated
Administrative Services Agreement
Franklin Templeton Services, LLC
ING Life Insurance and Annuity Company
ING USA Annuity and Life Insurance Company
ReliaStar Life Insurance Company
ReliaStar Life Insurance Company of New York
 
THIS AMENDMENT, is made by and among Franklin Templeton Services, LLC (the "Fund
Administrator"), and ING Life Insurance and Annuity Company, ING USA Annuity and Life
Insurance Company and ReliaStar Life Insurance Company (each of which is referred to as the
"Company").
 
  WHEREAS, The Company and the Fund Administrator have entered into an Amended and
Restated Administrative Services Agreement, dated as of October 3, 2005, as may be amended from
time to time (the "Agreement"), concerning certain administrative services with respect to each series
("Fund" or "Funds") of Franklin Templeton Variable Insurance Products Trust (the "Trust"), which
Funds are investment options in certain variable life insurance and variable annuity contracts issued by
the Company; and
 
  WHEREAS, the Company and the Fund Administrator wish to amend the Agreement for the
purpose of adding a new party to the Agreement, and certain new variable life or variable annuity
insurance contracts covered by the Agreement.
 
  NOW, THEREFORE, in consideration of past and prospective business relations, the Fund
Administrator and the Company hereby amend the Agreement as follows:
 
1. ReliaStar Life Insurance Company of New York is hereby added as a party to the Agreement
(the "Company").
 
2. Schedule B of the Agreement is hereby deleted in its entirety and replaced with the Schedule
B attached hereto.
 
3. All other terms and provisions of the Agreement not amended herein shall remain in full force
and effect.
 
 
 
 
40482-2 1

 


 

This Amendment is executed as of May 17, 2006.
 
 
  FRANKLIN TEMPLETON SERVICES, LLC
                
  By: /s/ Robert C. Hays
  Name: Robert C. Hays
  Title: Vice President
 
 
  ING LIFE INSURANCE AND ANNUITY COMPANY
                  
  By: /s/ Richard K. M. Lau
  Name: Richard K. M. Lau
  Title: Vice President
 
 
  ING USA ANNUITY AND LIFE INSURANCE
  COMPANY
                   
  By: /s/ Richard K. M. Lau
  Name: Richard K. M. Lau
  Title: Vice President
 
 
  RELIASTAR LIFE INSURANCE COMPANY
                    
  By: /s/ Richard K. M. Lau
  Name: Richard K. M. Lau
  Title: Vice President
 
 
  RELIASTAR LIFE INSURANCE COMPANY OF NEW
  YORK
                          
  By: /s/ Richard K. M. Lau
  Name: Richard K. M. Lau
  Title: Vice President
 
 
 
 
40482-2 2

 


 

Schedule B
 
Administrative Expense Payments
                
The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in
arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the
shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and
paid in the manner described more completely in the Agreement.
 
 


#


Company Name


Product Name


Funds of the Trust


Fee
Rate
Date of
beginning of
period for
computation of fee
1.   ING Life Insurance
and Annuity
Company
All products for which
Funds of the Trust are
investment options
Franklin Growth and Income
Securities Fund
Franklin Income Securities Fund
Franklin Small Cap Value Securities
Fund
Franklin Small-Mid Cap Growth
Securities Fund
Franklin U.S. Government Fund
Mutual Shares Securities Fund
Templeton Developing Markets
Securities Fund
Templeton Foreign Securities Fund
Templeton Growth Securities Fund
%
%
07-01-01
05-01-06
2. ING USA Annuity
and Life Insurance
Company
All products for which
Funds of the Trust are
investment options
%
%
01-02-02
05-01-06
3. ReliaStar Life
Insurance Company
All products for which
Funds of the Trust are
investment options
%
%
05-03-04
05-01-06
4. ReliaStar Life
Insurance Company
of New York
All products for which
Funds of the Trust are
investment options
% 05-01-06
 
 
 
 
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