AMENDMENT TO
INVESTMENT ADVISORY AGREEMENT
Section 6: COMPENSATION TO AEFC, paragraph (a) of the Investment Advisory
Agreement between IDS Life Insurance Company (IDS Life) and American Express
Financial Corporation (AEFC) dated October 14, 1998, is modified as follows. All
other provisions of the agreement remain in full force and effect.
a. The asset charge for each calendar day of each year shall be equal
to the total of 1/365th (1/366th in each leap year) of the amount
computed in accordance with paragraph (ii) below. The computation shall
be made for each day on the basis of net assets as of the close of
business. In the case of the suspension of the computation of net asset
value, the 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. 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 this amendment as of the 3rd day
of June, 2002.
IDS LIFE INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxxxxx
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Xxxxxxx X. Xxxxxxxx
President
AMERICAN EXPRESS FINANCIAL CORPORATION
By: /s/ Xxxxx X. Xxxxx
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Xxxxx X. Xxxxx
Vice President
