Exhibit 99.(d)(9)
AMENDMENT ONE
TO SUBADVISORY AGREEMENT
Schedule A of the Subadvisory Agreement between RiverSource Investments, LLC
("RiverSource Investments") and Systematic Financial Management, L.P.
("Subadviser") dated September 29, 2006, is amended to read as follows:
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 funds:
For the combined assets of:
- RiverSource Partners Select Value Fund, a series of RiverSource
Managers Series, Inc. (agreement between the Fund and RiverSource
Investments dated April 10, 2008, and
- RiverSource Partners Variable Portfolio-Select Value Fund, a series of
RiverSource Variable Series Trust (agreement between the Fund and
RiverSource Investments dated April 10, 2008).
Average Daily Net Assets* Rate
------------------------- -----
First $50 million 50 bp
Next $200 million 35 bp
Thereafter 30 bp
----------
* Applies to average daily net assets that are subject to the Subadviser's
investment discretion.
In witness whereof, the parties have caused this Amendment to be executed by
their officers designated below as of this 10th day of April, 2008.
RIVERSOURCE INVESTMENTS, LLC SYSTEMATIC FINANCIAL MANAGEMENT, L.P.
By: /s/ Xxxxxxx X. Xxxxxxxx By: /s/ Xxxxx X. Xxxxxx
--------------------------------- ------------------------------------
Signature Signature
Name: Xxxxxxx X. Xxxxxxxx Name: Xxxxx X. Xxxxxx
Printed Printed
Title: Senior Vice President-Asset Title: Chief Operating Officer
Management, Products and Printed
Marketing
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