AMENDMENT TWO
TO SUBADVISORY AGREEMENT
Schedule A of the Subadvisory Agreement between RiverSource Investments, LLC
("RiverSource Investments") and Xxxxxx Investment Partners, Inc. ("Subadviser")
dated April 7, 2003, is amended as of November 11, 2005 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 RiverSource Small Cap Growth Fund (formerly AXP Partners Small Cap
Growth Fund), a series of AXP Strategy Series, Inc. (agreement between the
Fund and RiverSource Investments dated December 1, 2002)
Average Daily Net Assets* Rate
--------------------------------------------------
First $50 million 60 bp
Next $150 million 55 bp
Thereafter 50 bp
For the combined assets of:
RiverSource Aggressive Growth Fund (formerly AXP Partners Aggressive Growth
Fund), a series of AXP Partners Series, Inc. (agreement between the Fund
and RiverSource Investments dated January 9, 2003), and
RiverSource Strategy Aggressive Fund, a series of AXP Strategy Series, Inc.
(agreement between the Fund and RiverSource Investments dated December 1,
2002)
Average Daily Net Assets* Rate
--------------------------------------------------
First $100 million 55 bp
Next $100 million 45 bp
Next $200 million 40 bp
Thereafter 38 bp
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*When average daily net assets exceed the first breakpoint, multiple
rates will apply, resulting in a blended rate, e.g. if average daily net
assets for RiverSource Aggressive Growth Fund are $150 million, a rate of
55 bp would apply to $100 million and a rate of 45 bp would apply to $50
million.
In witness whereof, the parties have caused this Amendment to be executed by
their officers designated below.
RIVERSOURCE INVESTMENTS, LLC XXXXXX INVESTMENT
PARTNERS, INC.
By: /s/ Xxxxx X. Xxxxx By: /s/ Xxxxxx Xxxxx, Xx.
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Signature Signature
Xxxxx X. Xxxxx Name: Xxxxxx Xxxxx, Xx.
Senior Vice President -------------------
Printed
Title: COO/CFO
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Printed
