AMENDMENT ONE TO SUBADVISORY AGREEMENT
Schedule A of the Subadvisory Agreement between RiverSource Investments, LLC
("RiverSource Investments") and Xxxxx Selected Advisers, L.P. ("Subadviser")
dated March 1, 2006 is hereby amended effective April 24, 2006, to add
RiverSource Variable Portfolio-Fundamental Value Fund to Schedule A.
Compensation pursuant to Paragraph 4 of the Subadvisory Agreement shall be
calculated in accordance with the following schedule, with respect to
assets that are subject to the Subadviser's investment discretion in the
following fund:
For the combined assets of:
For RiverSource Fundamental Value Fund (formerly AXP Partners Fundamental
Value Fund), a series of RiverSource Managers Series, Inc. (formerly AXP
Partners Series, Inc.)(agreement between the Fund and RiverSource
Investments dated March 1, 2006), and
RiverSource Variable Portfolio-Fundamental Value Fund, a series of
RiverSource Variable Portfolio-Managers Series, Inc. (formerly AXP Variable
Portfolio-Partners Series, Inc.) (agreement between the Fund and
RiverSource Investments dated March 1, 2006)
Average Daily Net Assets* Rate
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First $100 million 0.45bp
$100 million-$500 million 0.40bp
$500 million-$1 billion 0.30bp
Over $1 billion 0.25bp
*Applies to average daily net assets that are subject to the Subadvisor's
investment discretion.
In witness whereof, the parties have caused this Amendment to be executed by
their officers designated below.
RIVERSOURCE INVESTMENTS, LLC XXXXX SELECTED
ADVISERS, L.P.
By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxxxx Xxxx
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Signature Signature
Xxxxx X. Xxxxx Xxxxxx Xxxx
Senior Vice President Vice President
