EX-99.D19.SUB AGMNT 8 ex-d19_amcent2.txt AMENDMENT TWO TO SUBADVISORY AGREEMENT AMENDMENT TWO TO SUBADVISORY AGREEMENT Schedule A of the Subadvisory Agreement between RiverSource Investments, LLC ("RiverSource Investments") (formerly American Express Financial Corporation) and American Century Investment Management, 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 the combined assets of: o 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 o 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 50 bp Next $150 million 45 bp Next $250 million 40 bp Thereafter 38 bp For the combined assets of: o RiverSource Small Cap Equity Fund (formerly AXP Partners Small Cap Core Fund), a series of AXP Partners Series, Inc. (agreement between the Fund and RiverSource Investments dated December 2, 2002), and o RiverSource Discovery Fund (formerly AXP Discovery Fund), a series of AXP Discovery Series, Inc. (agreement between the Fund and RiverSource Investments dated December 1, 2002) Average Daily Net Assets* Rate -------------------------------------------------- First $25 million 65 bp Next $125 million 60 bp Next $50 million 57.5 bp Thereafter 55 bp -------------------------------- *These rates are not retroactive. 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 RiverSource Aggressive Growth Fund are $125 million, a rate of 50 bp would apply to $100 million and a rate of 45 bp would apply to $25 million. In witness whereof, the parties have caused this Amendment to be executed by their officers designated below. RIVERSOURCE INVESTMENTS, LLC AMERICAN CENTURY INVESTMENT MANAGEMENT, INC. By: /s/ Paula R. Meyer By: /s/ David Tucker ----------------------- ------------------------------ Signature Signature Paula R. Meyer Name: David Tucker Senior Vice President ----------------------------- Printed Title: Sr. Vice President ----------------------------- Printed