ADDENDUM TO INVESTMENT MANAGEMENT AND SERVICES AGREEMENT
"Part Two: COMPENSATION TO INVESTMENT MANAGER" paragraph (1) of the Investment
Management and Services Agreement between IDS Life Series Fund, Inc. (the Fund)
and IDS Life Insurance Company (IDS Life) dated December 17, 1985, has been
modified as follows. All other provisions of this Investment Management and
Services Agreement remain in full force and effect.
(1) The Fund agrees to pay IDS Life, and IDS Life covenants and agrees to accept
from the Fund in full payment for all the services furnished, and for the use of
all facilities and equipment, and for all expenses paid or reimbursed by IDS
Life hereunder, a fee for each calendar day of each year equal to the total of
1/365th (1/366th in each leap year) of:
.70 percent for the Equity Portfolio
.70 percent for the Income Portfolio
.70 percent for the Managed Portfolio
.70 percent for the Government Securities Portfolio .95 percent for the
International Equity Portfolio and .50 percent for the Money Market
Portfolio
to be computed for each day on the basis of net assets as of the close of
business of the full business day two (2) business days prior to the day for
which the computation is being made. In the case of the suspension of the
computation of net asset value, the said fee for each day during such suspension
shall be computed as of the close of business on the last full business day on
which the net assets were computed. As used herein, "net assets" as of the close
of a full business day shall include all transactions in shares of the Fund
recorded on the books of the Fund for that day.
IN WITNESS WHEREOF, the
parties have executed the
Addendum as of the 28th day
of October, 1994 IDS LIFE
SERIES FUND, INC.
Attest: /s/ Xxxxxxx Xxxxxx By: /s/ Xxxxxxx X. Xxxxx
Xxxxxxx Xxxxxx Xxxxxxx X. Xxxxx
Title: Secretary Title: President
IDS LIFE INSURANCE COMPANY
Attest: /s/ Xxxxx Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxxxxx
Xxxxx Xxxxxxx Xxxxxxx X. Xxxxxxxxxx
Title: Assistant Secretary Title: Vice President
ADDENDUM TO INVESTMENT ADVISORY AGREEMENT
The following provision is added to Section 6, Compensation to IDS, of the
Investment Advisory Agreement between IDS Life Insurance Company (IDS Life) and
IDS/American Express, Inc. (IDS) [now known as American Express Financial
Corporation] dated July 11, 1984. All other provisions of this Investment
Advisory Agreement remain in full force and effect.
6. Compensation to IDS. In addition to the fee for services provided under the
Investment Advisory Agreement described above, IDS Life Series Fund, Inc. for
the International Equity Portfolio shall pay IDS life a fee for each calendar
day of each year equal to the total of 1/365th (1/366th in each leap year) of
0.10% of the total net assets of the International Equity Portfolio for a total
of 0.35% of the net assets of the International Equity Portfolio. This
additional 0.10% fee shall be paid on a monthly basis in cash by IDS Life to IDS
within five (5) business days after the last day of each month.
(IN WITNESS WHEREOF, the parties have executed the Addendum as of the 1st day of
January, 1995.)
IDS LIFE INSURANCE COMPANY
Attest:/s/ Xxxxx Xxxxxxx By:/s/ Xxxxxxx X. Xxxxx
Xxxxx Xxxxxxx Xxxxxxx X. Xxxxx
Title: Assistant Secretary Title: President
AMERICAN EXPRESS FINANCIAL
CORPORATION
Attest:/s/ Xxxxxxx Xxxxxx By:/s/ Xxxxxxx X. Xxxxxxxxxx
Xxxxxxx Xxxxxx Xxxxxxx X. Xxxxxxxxxx
Title: Secretary Title: Vice President
