EX-2 4 ex24b8152roycesecondamend.htm EXHIBIT 24(B)(8.152) ROYCE 2ND AMENDMENT ex24b8152roycesecondamend.htm - Generated by SEC Publisher for SEC Filing
Exhibit 24(b)(8.152)
Second Amendment to the Selling and Services Agreement and Participation Agreement

This Second Amendment dated as of 6th day of November, 2009 by and between ING Life
Insurance and Annuity Company (“ING Life”), ING Institutional Plan Services, LLP (“ING Institutional”),
ING Financial Advisers, LLC (“ING Financial”)(collectively “ING”), and Royce Fund Services, Inc.
(“RFS”), and the registered investment companies listed in Schedule A (the registered investment
companies and the specific series and classes of shares listed on Schedule A being referred to as the
“Funds”), is made to the Selling and Services Agreement and Participation Agreement dated as of June 27,
2008 (the “Agreement”). Terms defined in the Agreement are used herein as therein defined.

WHEREAS, the parties desire to amend the Agreement to add additional funds for the Consultant
Class and revise the fee schedule to reflect the addition of the Consultant Class as set forth in Schedule A of
said Agreement.

NOW, THEREFORE, in consideration of the promises and mutual covenants hereinafter
contained, the parties agree as follows:

1. Schedule A to the Agreement is deleted and replaced in its entirety with the attached
Schedule A.

2. Except as modified hereby, all other terms and conditions of the Agreement shall remain in full
force and effect.

3. This Amendment may be executed in two or more counterparts, each of which shall be deemed
to be an original, but all of which together shall constitute one and the same Amendment.

ING LIFE INSURANCE AND ROYCE FUND SERVICES, INC.
ANNUITY COMPANY    
    By: /s/ John Diederich
By:  /s/ Lisa S. Gilarde Name: John Diederich
Name:  Lisa S. Gilarde Title:
Title: Vice President    
 
 
ING FINANCIAL ADVISERS, LLC THE ROYCE FUND,
    [on behalf of each series listed on Schedule A]
By:  /s/ David Kelsey    
Name:  David Kelsey By: /s/ John Diederich
Title: COO/VP Name: John Diederich
    Title:
 
ING INSTITUTIONAL PLAN SERVICES, LLC    
 
By:  /s/ Michelle Sheiowitz, Attorney in Fact    
Name: Michelle Sheiowitz, Attorney in Fact    
Title: Vice President    


SCHEDULE A

List of Available Funds And Fees

FUNDS

  TICKER  CUSIP
                                                                                 Investment Class    
Royce Pennsylvania Mutual Fund PENNX 780905840
Royce Micro-Cap Fund RYOTX 780905709
Royce Premier Fund RYPRX 780905600
Royce Low-Priced Stock Fund RLPHX 780905246
Royce Total Return Fund RYTRX 780905881
Royce Heritage Fund RHFHX 780905238
Royce Opportunity Fund RYPNX 780905832
Royce Special Equity Fund RYSEX 780905782
Royce Value Fund RYVHX 780905220
Royce Value Plus Fund RYVPX 780905741
Royce 100 Fund ROHHX 780905196
Royce Dividend Value Fund RDVIX 780905188
 
                                                                                 Service Class    
Royce Pennsylvania Mutual Fund RYPFX 780905667
Royce Micro-Cap Fund RMCFX 780905659
Royce Premier Fund RPFFX 780905634
Royce Low-Priced Stock Fund RYLPX 780905808
Royce Total Return Fund RYTFX 780905642
Royce Heritage Fund RGFAX 780905857
Royce Opportunity Fund RYOFX 780905758
Royce Special Equity Fund RSEFX 780905527
Royce Value Fund RYVFX 780905733
Royce Value Plus Fund RYVPX 780905741
Royce Technology Value Fund RYTVX 780905584
Royce 100 Fund RYOHX 780905519
Royce Discovery Fund RYDFX 780905477
Royce Financial Services Fund RYFSX 780905469
Royce Dividend Value Fund RYDVX 780905436
Royce Global Value Fund RIVFX 780905329
Royce European Smaller-Companies Fund RICSX 780905311
Royce SMid-Cap Value Fund RMVSX 780905154

R Class  
Royce Pennsylvania Mutual Fund RPMRX 780905295
Royce Premier Fund RPRRX 780905287

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    TICKER  CUSIP
Royce Low-Priced Stock Fund   RLPRX 780905279
Royce Total Return Fund   RTRRX 780905261
Royce Heritage Fund   Not Live 780811105
Royce Opportunity Fund   ROFRX 780905253
Royce Value Fund   RVVRX 780905170
Royce Value Plus Fund   RVPRX 780905162
Royce 100 Fund   Not Live 780811204
 
 
  K Class    
Royce Pennsylvania Mutual Fund   Not Live 780811303
Royce Premier Fund   Not Live 780811402
Royce Low-Priced Stock Fund   Not Live 780811501
Royce Total Return Fund   Not Live 780811600
Royce Heritage Fund   Not Live 780811709
Royce Opportunity Fund   Not Live 780811808
Royce Value Fund   Not Live 780811873
Royce Value Plus Fund   Not Live 780811881
Royce 100 Fund   Not Live 780811865
 
  Institutional Class    
Royce Premier Fund   RPFIX 780905683
Royce Low-Priced Stock Fund   RLPIX 780905394
Royce Total Return Fund   RTRIX 780905717
Royce Heritage Fund   Not Live 780905675
Royce Opportunity Fund   ROFIX 780905691
Royce Special Equity Fund   RSEIX 780905535
Royce Value Fund   RVFIX 780905352
Royce Value Plus Fund   RVPIX 780905337
Royce 100 Fund   Not Live 780905493
 
  Consultant Class    
Royce Pennsylvania Mutual Fund   RYPCX 780905816
Royce Micro-Cap Fund   RYMCX 780905774
Royce Total Return Fund   RYTCX 780905592
Royce Heritage Fund   RYGCX 780905618
Royce Special Equity   RSQCX 780905543
Royce Premier Fund   RPRCX 780905550
Royce Opportunity Fund   ROFCX 780905378
Royce Value Fund   RVFCX 780905360
Royce Value Plus Fund   RVPCX 780905345

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FEES

As compensation for the services provided under this Agreement, ING will be entitled to
receive a fee, computed daily and paid quarterly in arrears, at the annual rates set forth below of
the average daily value of the Shares of the Funds owned beneficially by the Plans. For purposes
of this schedule, the average daily value of the Shares of each Fund will be based on the net asset
value reported by RFS or its designee to ING.

Each Fund will be obligated to pay that portion of the fee designated by it as representing
transfer agent, recordkeeping, administrative servicing and/or shareholder servicing fees which the
Fund would otherwise pay if Plan Accounts were direct shareholders of the Fund. RFS, or its
designee, will pay any portion of the fee not paid by the Funds. In this regard, ING acknowledges
that RFS’ payments to ING may be funded, in whole or in part, by payments from a Fund under a
plan of distribution adopted by that Fund pursuant to Rule 12b-1 under the Investment Company
Act of 1940 (12b-1 Plan); if this is the case, ING will provide such information to RFS as is
reasonably necessary for it to comply with its obligations under the 12b-1 Plan, including, but not
limited to, obligations to make disclosures to the board(s) of trustees of the Fund. The amount of
the fee attributable to service/recordkeeping/administrative services and to services payable
pursuant to a Fund’s 12b-1 plan are noted in the chart below.

Share Class Investment Service R K Institutional Consultant
12b-1 Fees _____% ____% _____% _____% None _____%
Service Fees _____% ____% _____% _____% None _____%
Total Fees _____% ____% _____% _____% None _____%

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