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 Income Portfolio
.70 percent for the Equity Portfolio
.70 percent for the Government Securities Portfolio
.70 percent for the Income Portfolio
.95 percent for the International Equity Portfolio
.70 percent for the Managed Portfolio
.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 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 hereto have executed the Addendum as of the 26th
day of April, 1999.
IDS LIFE SERIES FUND, INC.
Attest: /s/ Xxxx Xx Xxxxx By: /s/ Xxxxxxx X. Xxxxx
-------------------------- ----------------------------
Xxxx Xx Xxxxx Xxxxxxx X. Xxxxx
Assistant Secretary President
IDS LIFE INSURANCE COMPANY
Attest: /s/ Xxxxx Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxxxxx
-------------------------- ----------------------------
Xxxxx Xxxxxxx Xxxxxxx X. Xxxxxxxxxx
Assistant Secretary Vice President
