EX-99.M.4.II 22 dex99m4ii.htm WAIVER LETTER Waiver Letter

Exhibit (m)(4)(ii)

LOGO

May 1, 2010

ING Variable Products Trust

7337 East Doubletree Ranch Road

Scottsdale, Arizona 85258

 

Re: Reduction in Fee Payable under the ING Variable Products Trust Shareholder and Distribution Plan

Ladies and Gentlemen:

ING Funds Distributor, LLC (“IFD”) hereby waives a portion of the distribution fee payable to IFD for the funds listed on Schedule A of the ING Variable Products Trust Shareholder and Distribution Plan (the “Shareholder and Distribution Plan”), in an amount equal to 0.10% per annum on the average daily net assets attributable to Service 2 Class Shares as if the distribution fee specified in the Distribution Plan were 0.15%. Except as otherwise noted on Schedule A, by this letter, we agree to waive that fee for the period May 1, 2010 through May 1, 2011.

Please indicate your agreement to this reduction in fee by executing below in the place indicated.

 

Sincerely,

/s/ Todd Modic

Todd Modic

Senior Vice President

Agreed and Accepted:

ING Variable Products Trust

 

By:   /s/ Kimberly A. Anderson
 

Kimberly A. Anderson

Senior Vice President

 

7337 E. Doubletree Ranch Rd.

Scottsdale, AZ 85258-2034

  

Tel: 480-477-3000

Fax: 480-477-2744

www.ingfunds.com

   ING Funds Distributor, LLC


SCHEDULE A

with respect to

ING VARIABLE PRODUCTS TRUST

SHAREHOLDER SERVICE AND DISTRIBUTION PLAN

Portfolios

ING International Value Portfolio

ING MidCap Opportunities Portfolio

ING SmallCap Opportunities Portfolio