AMENDMENT 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. and IDS
Life Insurance Company dated December 17, 1985, is modifies as follows. All
other provisions of the agreement remain in full force and effect.
(1) 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 SERIES FUND, INC.
By: /s/ ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇
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President
IDS LIFE INSURANCE COMPANY
By: /s/ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇
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▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇
Vice President