Document:

First Amendment to the Fiduciary Investment Services Agreement

 Exhibit 10.5.2 
 FIRST AMENDMENT TO THE 
 FIDUCIARY INVESTMENT SERVICES AGREEMENT

 THIS AMENDMENT is effective as of August 22, 2011, by and among The Northern Trust Company (“Northern
Trust”), Northern Trust Investments, Inc., an Illinois banking corporation, formerly organized as Northern Trust Investments, NA., a national banking association (“NTI”) and the ABA Retirement Funds (the “ABA RF”).

 WHEREAS, Northern Trust, NTI and the ABA RF entered into a Fiduciary Investment Services Agreement, dated
August 15, 2008 (the “Agreement”); 
 WHEREAS, the parties now desire to amend the Agreement to provide
that, effective on or about August 22, 2011, (i) the provider of the brokerage services for Self-Managed Option (as defined in the Agreement) shall be such entity as may, from time to time, be engaged by ABA RF; (ii) to clarify the
authority of NTI to cause the ABA Members Collective Trust (as defined in the Agreement) to engage in securities lending and (iii) to allow NTI to exercise its discretion to investment amounts identified in the Program Investment Policy (as
defined in the Agreement) as held for liquidity purposes in collective investment funds managed by Northern Trust. 
 NOW, THEREFORE,
pursuant to Section 10.06 of the Agreement, the Agreement is hereby amended as follows: 
  

	1.	Section 1.2 of the Agreement is amended by striking the parenthetical “(other than Northern Trust)” appearing therein and by adding the following new
sentence at the end thereof: 

 “The term “Investment Advisor” shall also include (i) the
trustee of any third-party collective investment fund, or (ii) the investment advisor of any third-party registered investment company in which the Trustee invests the assets of any Fund.” 

 

	2.	The first sentence of Section 2.02(b) is hereby amended by adding the phrase “Subject to subsection (f) hereof,” at the beginning thereof.

  

	3.	Section 2.02 is amended by adding the following new subsection (f) immediately following subsection (e) appearing therein: 

“(f) The requirements of Section 2.02(b) shall not be applicable to an Investment Advisor who is either (i) the trustee of
any third party collective investment fund in which the Trustee has invested the assets of any Fund for a period reasonably believed by the Trustee to be necessary or appropriate until such Fund shall contain sufficient assets and otherwise meet
conditions that the Trustee determines will enable it to be managed directly as a separate account within such Fund, or (ii) the investment advisor of any third-party registered investment company.” 

	4.	Section 2.07 of the Agreement is hereby deleted in its entirety and replaced with the following: 

“Self-Managed Option. Northern Trust shall maintain the Self-Managed Option under the applicable provisions of the Trusts. The
Self-Managed Option shall constitute an Investment Option under the Program and shall be made available to any Investor. ABA RF shall have the authority to engage an organization or entity to provide brokerage services for the Self-Managed Option
under the Program. The terms and conditions of the brokerage services for the Self-Managed Option, including without limitation an appropriate fee schedule, shall be determined by agreement between ABA RF and the provider of brokerage services to
the Self- Managed Option.” 
  

	5.	Section 3.02 of the Agreement is hereby amended “3.02 Securities Lending.” by substituting the following for the second sentence thereof:

 “Such agreement shall contain such terms and conditions as the parties shall agree, provided, however, that
such agreement shall provide that (i) no more than twenty percent (20%) of the securities lending revenue, net of borrower rebates and other expenses, shall be paid by the ABA Members Collective Trust as a fee for Northern Trust’s
services as lending agent for the Funds, and (ii) ABA RF as the “authorizing fiduciary” within the meaning of Section IV(d)(1) of Department of Labor Prohibited Transaction Exemption 2006-16 (“PTE 2006-16”) with the rights
described therein has authorized the arrangement under which such compensation is paid. Notwithstanding the foregoing, clause (ii) of the preceding sentence shall not be applicable to the extent that the disclosure of such securities lending
arrangements in the Prospectus (or otherwise) and each Employer’s decision to adopt or maintain a Plan satisfies the requirements of Section IV(f) of PTE-2006-16.” 

 

	6.	Section 2.02 of the Agreement is amended by relettering subsection (e) appearing therein as subsection (f) and adding the following new subsection
(e) immediately after subsection (d) appearing therein: 

 “(e) the Trustee may determine, in the
proper exercise of its fiduciary duties, to invest all or a portion of the assets of any Fund in units of a collective investment fund managed by the Trustee to the extent such fund is used, (i) for purposes of providing liquidity to a Fund, or
consistent with the Program Investment Policy, and (ii) with respect to a Fund (or a portion thereof) intended to provide returns based on the performance of an index of securities, provided, however, that any such investment satisfies the
requirements of section 408(b)(8) of ERISA and the second sentence of Section 7.01.” 
  

	7.	The first sentence of Section 7.01 is amended by adding the following at the beginning thereof: 

“Except as provided in Section 3.02 and Section 7.03,” 

  
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	8.	The first sentence of Section 7.03 is amended by adding the following proviso at the end thereof: 

“, provided, however, that with respect to transactions described in Section 2.02(e), approval of the ABA RF shall not be
required.” 
 [Remainder of Page Intentionally Left Blank] 

  
 3 

 IN WITNESS WHEREOF, the parties hereto have caused this
instrument to be executed by their duly authorized officers on this 19th day of October, 2011. 

			
	ABA RETIREMENT FUNDS
		
	By:	 	/s/ M. Catherine Richardson            
		
	Title: 	 	President            

  

			
	THE NORTHERN TRUST COMPANY
		
	By:	 	/s/ Alan W. Robertson
		
	Title:	 	Senior Vice President

  

			
	NORTHERN TRUST INVESTMENTS, INC.
		
	By:	 	/s/ Thomas R. Benzmiller
		
	Title:	 	Senior Vice President

  
 4Purchase Order No. 7 dated October 18, 2011 to the Program Services Agreement

 Exhibit 10.6.6 
 PROGRAM SERVICES AGREEMENT 
 Between 

ING Life Insurance and Annuity Company 
 and 
 ABA Retirement Funds 

Purchase Order No. 7 
 This is Purchase Order No. 7 to the Program Services Agreement between ING Life Insurance and Annuity Company and ABA Retirement Funds (“ABA RF”) effective May 1, 2009 (the
“Agreement”). 
  

	I.	Describe the Current Service Being Changed (If unrelated to any existing service, do not complete): 

 

	 	A.	This Purchase Order specifically addresses the modification of the Investment Options being offered on behalf of the Program. 

 

	II.	Describe the Reason for Making the Change: 

  

	 	A.	Northern Trust recommends adding three new Investment Options to be implemented on or about Dec 9, 2011 

 

	III.	The Proposed Change: 

  

	 	A.	Adding 3 new funds to the ABA RF fund line up. The 2050 Retirement Date Fund, Global All Cap Equity Fund and the Alternative Alpha Fund. The Global All Cap Equity Fund
will maintain a transfer policy that will restrict a participant’s ability to make more than one transfer into the fund within any 45 calendar day period. Investments and transfers into the Alternative Alpha Fund will be limited to 15% of the
aggregate value of the Core Funds at time of investment. 

  

	 	B.	Attendance and preparation for project meetings (external) sessions from September 2011 through December 2011 for IPS Implementation Services and IT project personnel
not otherwise part of the ABA RF Program Services Unit required by the Agreement (see Section VII for additional staffing details). Meetings consist of reviewing ING Best Practices, tracking requirements and Action Items Log.

  

	 	C.	Development of business and functional design documents that highlight any areas requiring development based upon the findings from the project meeting sessions.

  

	 	D.	Anticipated areas of development are IPS recordkeeping system, Voice Response Unit, Pweb (participant website) and all reports and forms provided to participants and
sponsors showing the Investment Options. This includes updating over 3,800 Plan Profiles to reflect the new funds, downloads for files and the AB70 subsystem and 5500 software. 

  
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	IV.	Why the Change is Outside the Scope of the Current Agreement (or the Statement of Work): 

 

	 	A.	The total number of new investment options and timing of implementation were not defined when the current Agreement was executed. 

 

	 	 	Fee Schedule Changes (Including implementation costs and hourly rates, if applicable): 

 

	 	    	One-time Project Costs Not to Exceed             $62,000 

 

	VI.	Implementation Plan and Timetable: 

  

	    	Implementation of the potential new Investment Options on or about December 1, 2011. 

 

	VII.	Staffing For the Implementation and Ongoing Services: 

  

	    	There will be no additions to ongoing staffing levels. The project will be staffed with appropriate Implementation Services (project) Team personnel and IT personnel
necessary to complete the changes outlined in Section III. 

  

	    	Please see Attachment A which summarizes the project resources broken out by job type with total estimated project hours for each role. The resources are
separated by project resources, for which the fee applies, and dedicated Program Services Unit resources, for which there is no additional cost. 

  

	VIII.	ABA RF Oversight: 

  

	    	ABA Retirement Funds Staff will be invited to participate in regularly scheduled project meetings to monitor the progress of the project. At the completion of the
project an accounting of the total hours spent will be provided and the Program will be charged accordingly. 

  

	VIII.	Miscellaneous: 

  

	    	Except as otherwise specifically provided herein, all other terms and conditions of the Agreement remain unchanged. All terms and conditions of this Purchase Order
constitute an integral part of the Agreement following execution of the Purchase Order and are subject to all of the terms and conditions of the Agreement. 

  
 Page 2

 IN WITNESS WHEREOF, each of the parties hereto have had this Purchase Order executed by its
duly authorized representative evidencing that party’s agreement to the terms and conditions contained herein, effective October 19, 2011. 
  

									
	ABA Retirement Funds	 		 	ING LIFE INSURANCE AND ANNUITY COMPANY 
					
	By:	 	/s/ M. Catherine Richardson	 		 	By:	 	/s/ Beth Halberstadt
	Name:	 	M. Catherine Richardson	 		 	Name:	 	Beth Halberstadt
					
	Title:	 	President	 		 	Title:	 	Senior Vice President
					
	Date:	 	October 11, 2011	 		 	Date:	 	October 18, 2011

  
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 Attachment A 

Purchase Order No. 7 
  

 Implementation Services (“IS”) and Information Technology (“Info
Tech”) 
 Project Resources 
  

					
	 Man

Hours
	  	 Resource Description
	  	 Task Description

	 120 hours        
	  	IS Project Manager	  	 •      Define/Document State of Work and Plan Provision
and Service requirements Documentation
  
 •      Assemble internal project resources
  

•      Manage weekly internal and client project status meets

 

•      Provide weekly project status reports to client and ING internal
management
  

•      Review CSA help screen changes and all communications
materials
  

•      Approves program modules for migration

 

•      Document and communicate the implementation timeline

 

•      Develops migration schedule

 

•      Monitor time track/update timelines

			
	 40 hours
	  	IS Business Systems Analyst	  	 •      Review and sign-off on front end test
plans
  

•      Attend all bug meets and address issues as needed

 

•      Document functional requirements for all aspects of the project:
sweeps, EARs, internet, Statements, confirms, IVR, Statement On-Line
  
 •      Develop use cases and test plans for client specific coding
  

•      Execute test for all back-end applications

 

•      Create all audit samples/packages for review

  
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 Attachment A 

Purchase Order No. 7 
  

					
	 225 hours
	  	IS Quality Assurance Systems Analyst	  	 •      Reviews all Requirements documentation

 

•      Develops/documents the test plan

 

•      Conducts test plan walk-through and obtains sign-off

 

•      Creates test case scenarios

 

•      Executes test plan and regression testing of all front end applications
including: IVR, PSRWeb, PWeb, Statements, statements on-line
  
 •      Conducts daily bug meetings
  

•      Updates/follow-throughs on defect tracking bug log and bug
resolution
  

•      As needed, creates client testing package and manages client testing
along with the IS Project Manager
  

•      Creates all audit packages and reviews with internal and external
audit

			
	 60 hours        
	  	Info Tech Project Leader	  	 •      Analysis and design: design session, requirements,
and status meets and code reviews
  

•      Environment setup and test: coordination with Tech services (for all
regions)
  

•      Complete templates

 

•      Development: Coordinates the execution of test cycles, they facilitate
and coordinate all the IT program efforts – front-end, batch process, product requirements, etc.
  

•      Systems Test: they run all the cycles address issues/bugs, and prep for
ACPT ( Acceptance Region )
  

•      Migration to ACPT: Us PCVS (Code moves) to migrate programs

 

•      ACPT Test: establishes schedules to run cycles, address issues/bugs,
prep for production, code reviews
  

•      Escalate issues

 

•      Migration to production: Us PCVS (Code moves) to migrate
programs
  

•      Production Support: Verify moves, review, post implementation
support
  

•      Documentation: Pull together on-call and client support
documentation
  

•      Assist in development of functional requirements

  
 Page 5

 Attachment A 

Purchase Order No. 7 
  

					
	 16 hours
	  	Info Tech Programmer	  	 •      Performs the follow tasks: analysis, design, code
development, unit test, documentation and implementation
  
 •      These tasks are performed for the functional programs noted below as applicable to the client project requirements:

 

•      Periodic Sweep Process (daily, weekly, monthly, quarterly,
annually)

			
	 40 hours
	  	Business Analyst Configuration/Plan IT	  	 •      Reviews and analyzes all client
requirements
  

•      Sets front end application rules for OLTP and Site manager

 

•      Develops/codes all confirms and quarterly statements (Paper and
on-line)
  

•      Executes unit testing

 

•      Migrates code/programs

 

•      Support IS QA testing

 

•      Assists in bug analysis and resolution

			
	 16 hours
	  	VRU Developer/Business Analyst	  	 •      Reviews and analyzes all client
requirements
  

•      Sets all IVR flags

 

•      Records all script

 

•      Executes unit testing

 

•      Migrates code/programs

 

•      Support IS QA testing

 

•      Assists in bug analysis and resolution

			
	 10 hours
	  	Technical Analyst	  	 •      Security Administration, Network, ATS, Infrastructure

			
	 16 hours
	  	Ecommerce/Project Analyst	  	 •      Assists in front end application
development
  

•      Analyzes client requirements

 

•      Sets internet calculators and messaging

 

•      Creates test plans for PWeb items

 

•      Execute and manage the changes to the content portion of the
site

			
	 Total:

543 Hours
	  		  	Project Costs: $62,000

  
 Page 6

 Attachment A 

Purchase Order No. 7 
  

 Dedicated ABA RF Program Services Unit 

Resources 
  

					
	 Man

Hours
	  	 Resource Description
	  	 Task Description

	 120 hours        
	  	 Brian Koch
  
 Systems Support Manager
	  	 •      Attend weekly internal and client project status
meets
  

•      Coding to update Omni to Omni in ACE and Production regions

 
 •    Fund and
Source Control Records
  

•    Produce Master Records

 
 •    Create new
reject/warning messages
  

•    Fund Pricing feed setup

 

•      Testing and posting to Omni coding to update in ACE and Production
regions
  

•    Fund and Source Control Records

 
 •    Produce Master
Records
  

•    Create new reject/warning messages

 
 •    Fund Pricing
feed setup
  

•    AB70 and 5500 Subsystem

 

•      Attend all bug meets and address issues as needed

			
	 90 hours
	  	 Laurie Parrish
  

Business Systems Analyst
	  	 •      Attend weekly internal and client project status
meets
  

•      Testing and posting to Omni coding to update in ACE and Production
regions
  

•    Fund and Source Control Records

 
 •    Produce Master
Records
  

•    Create new reject/warning messages

 
 •    Fund Pricing
feed setup
  

•    AB70 and 5500 Subsystem

 
 •    Monthly
reporting
  

•    Sweep modification

 
 •    Customized
confirm reporting
  

•    Attend all bug meets and address issues as needed

  
 Page 7

 Attachment A 

Purchase Order No. 7 
  

					
	 100 hours        
	  	 Lucia Crowley
  

Senior Software Developer  
	  	 •      Provide coding support and technical assistance as needed

			
	 50 hours
	  	 Steve Neirs
  
 Senior Software Developer
	  	 •      Provide coding support and technical assistance as needed

			
	 Total:

360 Hours
	  		  	Project Costs: $0

  
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