EX-99.B(H)(1)(I) 11 a12-29364_1ex99dbh1i.htm EX-99.B(H)(1)(I)

Exhibit (h)(1)(i)

 

GRAPHIC

 

December 19, 2012

 

Todd Modic

Senior Vice President

ING Funds Services, LLC

7337 E. Doubletree Ranch Road

Suite 100

Scottsdale, AZ 85258

 

Dear Mr. Modic:

 

Pursuant to the Administration Agreement, dated May 16, 2007, as amended and restated on November 30, 2008, as amended, between ING Separate Portfolios Trust and ING Funds Services, LLC (the “Agreement”), we hereby notify you of our intention to retain you as Administrator to render administrative and other services to ING Retirement Solution 2020 Fund, ING Retirement Solution 2025 Fund, ING Retirement Solution 2030 Fund, ING Retirement Solution 2035 Fund,  ING Retirement Solution 2040 Fund, ING Retirement Solution 2045 Fund, ING Retirement Solution 2050 Fund, ING Retirement Solution 2055 Fund, and ING Retirement Solution Income Fund (collectively, the “Funds”), each a newly established series of ING Separate Portfolios Trust, effective on December 19, 2012, upon all of the terms and conditions set forth in the Agreement.

 

The Amended Schedule A has also been updated to reflect the name change for ING SPorts Core Fixed Income Fund to ING Investment Grade Credit Fund.

 

Upon your acceptance, the Agreement will be modified to give effect to the foregoing by adding the Funds to the Amended Schedule A of the Agreement.  The Amended Schedule A, with the annual administration fees indicated for the series, is attached hereto.

 

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7337 E. Doubletree Ranch Rd.

Tel: 480-477-3000

ING Separate Portfolios Trust

Suite 100

Fax: 480-477-2700

 

Scottsdale, AZ 85258-2034

www.ingfunds.com

 

 



 

                Please signify your acceptance to act as Administrator under the Agreement with respect to the aforementioned Funds.

 

 

Very sincerely,

 

 

 

 

 

 

By:

/s/ Kimberly A. Anderson

 

 

Kimberly A. Anderson

 

 

Senior Vice President

 

 

ING Separate Portfolios Trust

 

 

 

 

 

 

ACCEPTED AND AGREED TO:

 

 

ING Funds Services, LLC

 

 

 

 

 

 

 

 

By:

/s/ Todd Modic

 

 

Todd Modic

 

 

Senior Vice President

 

 



 

AMENDED SCHEDULE A

 

to the

 

AMENDED AND RESTATED ADMINISTRATION AGREEMENT

 

between

 

ING SEPARATE PORTFOLIOS TRUST

 

and

 

ING FUNDS SERVICES, LLC

 

Series

 

Administrative Fee
(as a percentage of average daily net assets)

 

 

 

ING Emerging Markets Corporate Debt Fund

 

0.10%

 

 

 

ING Emerging Markets Hard Currency Debt Fund

 

0.10%

 

 

 

ING Emerging Markets Local Currency Debt Fund

 

0.10%

 

 

 

ING Investment Grade Credit Fund

 

0.00%

 

 

 

ING Retirement Solution 2020 Fund

 

0.00%

 

 

 

ING Retirement Solution 2025 Fund

 

0.00%

 

 

 

ING Retirement Solution 2030 Fund

 

0.00%

 

 

 

ING Retirement Solution 2035 Fund

 

0.00%

 

 

 

ING Retirement Solution 2040 Fund

 

0.00%

 

 

 

ING Retirement Solution 2045 Fund

 

0.00%

 

 

 

ING Retirement Solution 2050 Fund

 

0.00%

 

 

 

ING Retirement Solution 2055 Fund

 

0.00%

 

 

 

ING Retirement Solution Income Fund

 

0.00%