EX-24 6 ex24b36iimiliac1stamd.htm EX. 24(B)(3.6) IIM AMD INTERCOMPANY AGREEMENT ex24b36iimiliac1stamd.htm - Generated by SEC Publisher for SEC Filing
Exhibit 24(b)(3.6)
AMENDMENT NO. 1 TO THE INTERCOMPANY AGREEMENT
 
 
 
This Amendment No. 1, made and entered into as of December 1, 2013 and effective,
unless otherwise noted, as of December 23, 2010, amends the Intercompany Agreement, dated as
of December 22, 2010 (the “Agreement”), by and among ING Investment Management LLC
(“IIM”) and ING Life Insurance and Annuity Company (“ILIAC”).
 
W I T N E S S E T H
 
  WHEREAS, IIM conducts an asset management business through various
companies that provides investment advice to and perform administrative services for certain
U.S. registered investment companies (“Funds”), including ING Investments, LLC, an
investment adviser for certain Funds; and
 
  WHEREAS, ILIAC is an insurance company which offers a variety of insurance
products, including variable annuities, and which also provides administrative services to various
tax-advantaged plans and programs established under Section 401(a), 403(b), 457 or 408 of the
Internal Revenue Code, certain non-qualified deferred compensation arrangements, and to
custodial accounts established under Code Sections 403(b)(7) or 408 (collectively “non-
insurance customers”); and
 
  WHEREAS, IIM pays and/or causes its subsidiaries to pay, to ILIAC the
amounts derived from applying the annual rates listed in Schedule A against the average net
assets invested in the Funds by ILIAC and by ILIAC non-insurance customers during the prior
calendar month; and
 
  WHEREAS, Schedule A is reviewed at least once each calendar quarter and may
be modified at any time by mutual written consent; and
 
  WHEREAS, modifications have been made to Schedule A during the period
between the effective date and the date of this Amendment No. 1; and
 
NOW, THEREFORE, the parties agree as follows:
 
1. Schedule A to the Agreement is deleted in its entirety and is replaced with the
  attached Schedule A.
 
2. Capitalized terms used in this Amendment and not otherwise defined shall have
  the meanings ascribed to them in the Agreement.
 
 
 
 
  Amend #1- Schedule A

 


 

  3. This Amendment may be executed in several counterparts, each of which shall
    be an original, but all of which together will constitute one and the same
    instrument.  
  4. In all other respects, the Agreement is hereby confirmed and remains in full force
    and effect.  
 
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be
executed as of the day and year first above written.
 
 
ING INVESTMENT MANAGEMENT     ING LIFE INSURANCE AND ANNUITY
LLC         COMPANY
By: /s/Daniel Wilcox     By:
Name: Daniel Wilcox     Name:
Title: Chief Financial Officer     Title:
 
 
 
 
     

 

 

 

 

 

 

Amend #1- Schedule A

 


 

3. This Amendment may be executed in several counterparts, each of which shall
  be an original, but all of which together will constitute one and the same
  instrument.    
4. In all other respects, the Agreement is hereby confirmed and remains in full force
  and effect.    
 
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 1 to be
executed as of the day and year first above written.  
 
 
ING INVESTMENT MANAGEMENT     ING LIFE INSURANCE AND ANNUITY
LLC       COMPANY
By:       By: /s/Lisa S. Gilarde
Name:       Name: Lisa S. Gilarde
Title:       Title: Vice President
 
 
 
 
     

 

 

 

 

 

 

Amend #1- Schedule A

 


 

Schedule A
 
This Schedule is made and entered into as of December 1, 2013 and, unless otherwise identified below, is effective as of December 23, 2010.
 
As described in Section 1 ILIAC shall be paid at the rates set forth immediately below. In the case of funds of funds, except as otherwise indicated
below, payments will not apply to the shares of the fund of funds held directly but will instead apply to shares of underlying funds held indirectly through
the fund of funds at the rates specified for those underlying funds calculated in the same manner as if the underlying funds were held directly.
 
Payments listed in Schedule A shall not be made for assets contained in the following retirement plans:  
• ING USA Annuity & Life Insurance Company "Equifund" Retirement Plan  
• ING Americas Savings Plan & ESOP  
• The 401(k) Plan for ILIAC Agents  
• ING Investment Management LLC 401(k) Profit Sharing Plan
 
Fund Type Fund Rate
 
3rd Party SA ING Alternative Beta Fund (liquidated 12/10/12) %
Am Funds ING American Funds Global Growth and Income Portfolio %
Am Funds ING American Funds International Growth and Income Portfolio %
IIM Equity/Balanced ING Australia Index Portfolio (effective 3/2/11) %
IIM Equity/Balanced ING Balanced Portfolio %
3rd Party SA ING BlackRock Science and Technology Opportunities Portfolio (merged into ING MidCap %
  Opportunities Portfolio on 3/23/13)  
IIM Fixed ING Bond Portfolio (effective 7/21/12) %
IIM Fixed ING Brokerage Cash Reserves (liquidated on 3/8/11) %
Fund of Funds ING Capital Allocation Fund %
3rd Party SA ING Clarion Global Real Estate Portfolio %
IIM Fixed ING Classic Money Market Fund (liquidated on 3/8/11) %
IIM Equity/Balanced ING Core Equity Research Fund %
IIM Equity/Balanced ING Corporate Leaders 100 Fund %
IIM Equity/Balanced ING Corporate Leaders Trust Fund Series B %
IIM Fixed ING Diversified Emerging Markets Debt Fund (effective 10/15/12) %
Fund of Funds ING Diversified International Fund %
3rd Party SA ING Emerging Countries Fund (merged into ING Emerging Markets Equity Fund on 7/21/12) %
3rd Party SA ING Emerging Markets Equity Dividend Fund (effective 7/21/12) %
3rd Party SA ING Emerging Markets Equity Fund (effective 10/3/11) %
IIM Equity/Balanced ING Emerging Markets Index Portfolio (effective 12/19/11) %
IIM Equity/Balanced ING Equity Dividend Fund (name change to ING Large Cap Value Fund) %
IIM Equity/Balanced ING Euro STOXX 50 Index Portfolio %
IIM Fixed ING Floating Rate Fund %
IIM Equity/Balanced ING FTSE 100 Index Portfolio %
IIM Fixed ING GET U.S. Core Portfolio - Series 10 (liquidated 12/5/12) %
IIM Fixed ING GET U.S. Core Portfolio - Series 11 (liquidated 2/28/13) %
IIM Fixed ING GET U.S. Core Portfolio - Series 12 (liquidated 6/20/13) %
IIM Fixed ING GET U.S. Core Portfolio - Series 13 %
IIM Fixed ING GET U.S. Core Portfolio - Series 14 %
IIM Fixed ING GET U.S. Core Portfolio - Series 5 (liquidated 9/9/11) %
IIM Fixed ING GET U.S. Core Portfolio - Series 6 (liquidated 12/9/11) %
IIM Fixed ING GET U.S. Core Portfolio - Series 7 (liquidated 3/8/12) %
IIM Fixed ING GET U.S. Core Portfolio - Series 8 (liquidated 6/7/12) %
IIM Fixed ING GET U.S. Core Portfolio - Series 9 (liquidated 9/6/12) %
IIM Fixed ING Global Bond Fund %
IIM Fixed ING Global Bond Portfolio %
3rd Party SA ING Global Equity Dividend Fund %
IIM Equity/Balanced ING Global Natural Resources Fund %
3rd Party SA ING Global Opportunities Fund %
3rd Party SA ING Global Real Estate Fund %
IIM Equity/Balanced ING Global Resources Portfolio %

 


 

Schedule A (Cont.)
 
Fund Type Fund Rate
    %
Fund of Funds ING Global Target Payment Fund %
IIM Equity/Balanced ING Global Value Advantage Portfolio (effective 7/12/13) %
3rd Party SA ING Global Value Choice Fund (merged into ING International Value Equity Fund on 7/13/13) %
IIM Fixed ING GNMA Income Fund %
3rd Party SA ING Goldman Sachs Commodity Strategy Portfolio (Adviser changed to IIL from DSL on 1/1/13) %
3rd Party SA ING Greater China Fund (name change to ING Emerging Markets Equity Dividend Fund) %
IIM Equity/Balanced ING Growth and Income Portfolio %
IIM Equity/Balanced ING Growth Opportunities Fund %
IIM Equity/Balanced ING Hang Seng Index Portfolio %
IIM Fixed ING High Yield Bond Fund %
IIM Equity/Balanced ING Index Plus International Equity Fund (liquidated 2/22/13) %
IIM Equity/Balanced ING Index Plus LargeCap Fund (merged into ING Corporate Leaders 100 Fund on 7/21/12) %
IIM Equity/Balanced ING Index Plus LargeCap Portfolio %
IIM Equity/Balanced ING Index Plus MidCap Fund (merged into ING SMID Cap Equity Fund on 7/21/12) %
IIM Equity/Balanced ING Index Plus MidCap Portfolio %
IIM Equity/Balanced ING Index Plus SmallCap Fund (merged into ING SMID Cap Equity Fund on 7/21/12) %
IIM Equity/Balanced ING Index Plus SmallCap Portfolio %
Fund of Funds ING Index Solution Portfolios %
IIM Fixed ING Intermediate Bond Fund %
IIM Fixed ING Intermediate Bond Portfolio %
3rd Party SA ING International Capital Appreciation Fund (liquidated 3/23/12) %
3rd Party SA ING International Core Fund (effective 2/8/11) %
3rd Party SA ING International Growth Fund (effective 1/5/11. Name changed to ING Multi-Manager %
  International Equity Fund on 07/01/13)  
IIM Equity/Balanced ING International Index Portfolio %
3rd Party SA ING International Real Estate Fund %
3rd Party SA ING International Small Cap Fund %
3rd Party SA ING International Value Choice Fund (merged into ING International Value Equity on 7/13/13) %
IIM Equity/Balanced ING International Value Equity Fund (effective 11/30/12) %
IIM Equity/Balanced ING International Value Fund (merged into ING International Value Equity Fund on 7/13/13) %
IIM Equity/Balanced ING International Value Portfolio %
IIM Fixed ING Investment Grade Credit Fund %
IIM Equity/Balanced ING Japan TOPIX Index Portfolio %
IIM Equity/Balanced ING Large Cap Growth Fund (effective 3/1/12) %
IIM Equity/Balanced ING Large Cap Growth Portfolio %
IIM Equity/Balanced ING Large Cap Value Fund (name change from ING Equity Dividend Fund) %
IIM Equity/Balanced ING Large Cap Value Portfolio %
IIM Fixed ING Limited Maturity Bond Portfolio %
IIM Fixed ING Liquid Assets Portfolio %
IIM Equity/Balanced ING MidCap Opportunities Fund %
IIM Equity/Balanced ING MidCap Opportunities Portfolio %
3rd Party SA ING MidCap Value Fund (effective 10/3/11) %
IIM Fixed ING Money Market Fund %
IIM Fixed ING Money Market Portfolio %
3rd Party SA ING Multi-Manager International Equity Fund (effective 7/1/13) %
Fund of Funds ING Oppenheimer Active Allocation Portfolio (merged into ING T. Rowe Price Capital %
  Appreciation Portfolio on 3/23/13)  
3rd Party SA ING Real Estate Fund %
Fund of Funds ING Retirement Portfolios (effective 1/1/14) %
Fund of Funds ING Retirement Solution Funds (effective 12/19/12) %

 


 

Schedule A (Cont.)
 
Fund Type Fund Rate
 
IIM Equity/Balanced ING Russell Large Cap Growth Index Portfolio %
IIM Equity/Balanced ING Russell Large Cap Index Portfolio %
IIM Equity/Balanced ING Russell Large Cap Value Index Portfolio %
IIM Equity/Balanced ING Russell Mid Cap Growth Index Portfolio %
IIM Equity/Balanced ING Russell Mid Cap Index Portfolio %
IIM Equity/Balanced ING Russell Small Cap Index Portfolio %
3rd Party SA ING Russia Fund %
IIM Fixed ING Senior Income Fund %
IIM Fixed ING Short Term Bond Fund (effective 11/29/12) %
IIM Equity/Balanced ING Small Company Fund %
IIM Equity/Balanced ING Small Company Portfolio %
IIM Equity/Balanced ING SmallCap Opportunities Fund %
IIM Equity/Balanced ING SmallCap Opportunities Portfolio %
IIM Equity/Balanced ING SMID Cap Equity Fund (effective 7/21/12) %
Fund of Funds ING Solution Portfolios %
Fund of Funds ING Strategic Allocation Portfolios %
IIM Fixed ING Strategic Income Fund (effective 10/15/12) %
IIM Equity/Balanced ING Tactical Asset Allocation Fund (liquidated 12/15/11) %
IIM Fixed ING U.S. Bond Index Portfolio (effective 2/21/12) %
IIM Equity/Balanced ING U.S. Stock Index Portfolio %
IIM Equity/Balanced ING Value Choice Fund (merged into ING Large Value Fund on 7/13/13) %
IIM Equity/Balanced ING WisdomTree Global High-Yielding Equity Index Portfolio (name change to ING Global Value %
 
 
For the fund of funds listed above, IIM will pay the amount stated in this Schedule A. IIM will not pay any amounts on assets in the underlying funds in
these fund of funds. In addition, amounts due to ILIAC from IIM for these fund of funds shall be reduced by amounts due to ILIAC from Directed
Services LLC (DSL) and/or its subsidiaries under the Intercompany Agreement between DSL and ILIAC with respect to the underlying funds in these
fund of funds.