Document:

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                                  AGREEMENT
                                BY AND AMONG
                     RIVERSOURCE LIFE INSURANCE COMPANY,
                    AMERIPRISE INDIA PRIVATE LIMITED, AND
                         AMERIPRISE FINANCIAL, INC.
                    (A/K/A SUPPLEMENTARY AGREEMENT NO. 1)

This Agreement (the "Agreement") is made on the 1st day of January, 2007 by
and among:

RiverSource Life Insurance Company, an insurance company organized under the
laws of the State of Minnesota and having its principal place of business in
Minneapolis, Minnesota (hereafter "RSLIC");

Ameriprise India Private Limited, a company incorporated in India under the
Companies Act of 1956 and having its registered office in New Delhi, India
(hereinafter "AIPL"); and

Ameriprise Financial, Inc., a Delaware corporation incorporated in the
United States of America and having its principal place of business in
Minneapolis, Minnesota (hereafter ("AFI").

WHEREAS
-------

      I.    RSLIC, AFI, and AIPL are affiliated with each other and are
            members of the same holding company system for purposes of
            Minnesota insurance law;

      II.   An Export Agreement dated June 1, 2006 exists between AFI and
            AIPL (hereafter the "Export Agreement");

      III.  Pursuant to clause 2.3 of the Export Agreement, AFI desires to
            add RSLIC as a "Designated Office", as that term is used in the
            Export Agreement, for purposes of enabling AIPL to perform
            certain activities for the benefit of RSLIC, including data
            management, information analysis and control; and

      IV.   RSLIC, AFI, and AIPL desire to create this Agreement as a
            supplement to the Export Agreement (to be known alternatively as
            "Supplementary Agreement Number 1"), which Agreement shall
            supercede and override such Export Agreement to the extent any
            provisions are in conflict;

NOW THEREFORE, in consideration of their mutual covenants and agreements
contained herein, the parties agree as follows:

      1.    Activities. At the request of RSLIC and subject to RSLIC's sole
            and exclusive right to control and manage its business, AIPL
            shall perform for RSLIC those activities as are set forth on
            Schedule A attached hereto and made a part hereof.

      2.    Regulatory Approval. RSLIC shall be responsible for obtaining
            any required regulatory approvals from governmental authorities
            in the United States

                                Page 1 of 5
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            for RSLIC to have AIPL perform the activities contemplated by
            this Agreement. AIPL shall be responsible for obtaining any
            required regulatory approvals from governmental authorities in
            India for AIPL to perform the activities contemplated by this
            Agreement. The parties specifically agree this Agreement shall
            not become effective unless approved (affirmatively or through
            the "deemer" process) by the Minnesota Commerce Department.

      3.    Designated Office. RSLIC shall be added as a Designated Office
            for purposes of the Export Agreement.

      4.    Term. This Agreement shall take effect on January 1, 2007 and
            shall remain in force until earlier of (i) termination of the
            Export Agreement or (ii) termination of this Agreement by
            exercising the termination procedures specified in Section 7 of
            the Export Agreement with respect to RSLIC as a Designated
            Office.

      5.    Compliance. RSLIC and AIPL shall work cooperatively to ensure
            compliance with all relevant laws and regulations, including
            laws applicable to RSLIC as an insurance company operating under
            Minnesota statutes. RSLIC shall be responsible for informing
            AIPL in writing of such laws and regulation as are applicable
            for the activities to be performed by AIPL for RSLIC, as well as
            any modifications or amendments thereto, and providing necessary
            written instructions relating thereto so as to ensure that AIPL
            is aware of and can comply with such legal requirements. AIPL
            shall exercise ordinary care and reasonable diligence in the
            performance of activities for RSLIC and represents itself to be
            an experienced and qualified business entity for purposes of
            undertaking such activities.

      6.    Control. The performance of activities by AIPL for RSLIC
            pursuant to this Agreement shall in no way impair the control of
            the business and operations of RSLIC by the RSLIC Board of
            Directors. Notwithstanding the foregoing, AIPL shall retain
            control of its own business and operations in its capacity as a
            vendor performing activities for RSLIC.

      7.    Charges/Prices. RSLIC will pay AIPL for activities performed
            pursuant to the terms of the Export Agreement in accordance with
            the provisions thereof. The purchase price described in the
            Export Agreement is designed to reflect the costs of AIPL in
            performing such activities which are reasonably and equitably
            attributable to activities performed for RSLIC, including
            overhead, plus a reasonable mark-up consistent with commercial
            standards and any regulatory requirements applicable to AIPL.

      8.    Accounting and Audits. AIPL shall be responsible for maintaining
            full and accurate books, records, and accounts of all activities
            performed pursuant to this Agreement as necessary to support the
            accuracy of the charges/prices under this Agreement. RSLIC, upon
            reasonable notice to AIPL, shall have the right to conduct an
            audit, at its own cost, of such books, records, and accounts to
            verify

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            the performance of activities and computation of charges/prices
            under this Agreement.

      9.    Ownership of Records. All insurance related records, books, and
            files established and maintained on behalf of RSLIC by AIPL by
            reason of AIPL's performance of activities under this Agreement
            shall be property of RSLIC and shall be subject to examination,
            at RSLIC cost, by RSLIC or by any governmental agency having
            jurisdiction over RSLIC, including but not limited to the
            Minnesota Commerce Department.

      10.   Governing Law. Notwithstanding provision 12 of the Export
            Agreement, any claim or dispute arising out of this Agreement
            which pertains specifically to compliance with insurance laws of
            Minnesota or any other jurisdiction within the United States for
            the activities performed by AIPL for RSLIC shall be governed by
            and construed in accordance with such laws of Minnesota or such
            other jurisdiction; any other claim or dispute which does not
            pertain to or arise out of such insurance laws shall be governed
            by and construed in accordance with the laws of India.

      11.   Notice. All notices provided by one party to another shall be
            deemed to be given when delivered by hand to an officer of the
            other party or when mailed through the United States or Indian
            Postal Service, as the case may be, as first class certified or
            registered mail, overnight courier, or telecopier, addressed:

            i)    RiverSource Life Insurance Company:

                        RiverSource Life Insurance Company
                        249 Ameriprise Financial Center
                        Minneapolis, Minnesota 55474
                        Attention:  Timothy V. Bechtold

            ii)   Ameriprise India Private Limited

                        Ameriprise India Private Limited
                        4th Floor Palm Court Building
                        Sukhrali Road, Opposite Sector 14
                        Maharana  Pratap Chowk I Gurgaon 22002, India
                        Attention:  Manjul Grover

            iii)  Ameriprise Financial, Inc.

                        Ameriprise Financial, Inc.
                        1765 Ameriprise Financial Center
                        Minneapolis, Minnesota 55474
                        Attention:  David K. Stewart

                                Page 3 of 5
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      12.   Arbitration. Notwithstanding section 16 of the Export Agreement,
            any unresolved dispute arising under this supplementary
            agreement between AIPL and/or RSLIC and/or AFI shall be decided
            by arbitration as follows. The arbitration shall be conducted by
            a sole arbitrator selected by unanimous agreement of the
            concerned parties hereto as the case may be. Decisions of the
            arbitrator shall be final and there shall be no appeal from the
            arbitrator's decisions. The arbitration shall be conducted in
            accordance with the rules of the American Arbitration
            Association unless the concerned parties decide otherwise in
            which case the applicable rules shall be as agreed to by the
            concerned parties. The place of arbitration shall be
            Minneapolis, Minnesota, USA, in the event AIPL invokes
            arbitration proceedings or New Delhi, India, in the event RSLIC
            or AFI invoke the arbitration proceedings, as the case may be.

      13.   Effect. This Agreement, together with the Export Agreement, and
            together with such amendments as may from time to time be
            executed in writing by the parties, constitutes the entire
            agreement and understanding between the parties in respect of
            the transactions contemplated hereby and supersedes all prior
            agreements, arrangements and understandings relating to the
            subject matter hereof including the "Supplementary Agreement No.
            1" between the parties hereto dated June 8, 2006.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed as of the date indicated above:

RIVERSOURCE LIFE INSURANCE COMPANY

By:  /s/ Timothy V. Bechtold
     -----------------------
         Timothy V. Bechtold

Date:    12/21/2006

AMERIPRISE INDIA PRIVATE LIMITED

By:  /s/ Manjul Grover
     -----------------------
         Manjul Grover

Date:    12/27/2006

AMERIPRISE FINANCIAL, INC

By:  /s/ David K. Stewart
     -----------------------
         David K. Stewart

Date:    12/21/2006

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                                 SCHEDULE A

Listed below are the activities to be performed by AIPL for RSLIC, as and
when desired, in accordance with the terms and conditions of the Agreement
to which this schedule is attached.

Bank Reconciliation
o     Matching electronic account information received from outside banks
      with RSLIC's general ledger and reconciling any differences.
o     Fund accounts to be reconciled before the 17th workday of the month;
      non-fund accounts to be reconciled before the end of the month.
o     Includes answering inquiries by RSLIC management and contacting
      appropriate parties to clear balance sheet and other items as
      necessary.
o     Does not include reconciliation of the common disbursement account for
      payment of client funds, the image positive pay process, check copying
      for response to service inquiries, physical handling of checks, and
      tracking and storage of voided checks.

Corporate Purchasing Card Accounting
o     Monthly processing of transaction data from American Express Global
      Procurement (reflecting purchases by RSLIC departments using the
      corporate purchasing card), reconciling such information with RSLIC's
      general ledger, and taking steps necessary to facilitate RSLIC payment
      to American Express Company (via AFI) for purposes of reimbursing
      vendors and suppliers.
o     Includes responding as necessary to inquiries by RSLIC departments
      regarding corporate purchase card transactions.

Intercompany Payables/Receivables
o     For purposes of accounting for intercompany receivables and payables
      among RSLIC and its affiliates (which for purposes of this item shall
      mean AFI and any of its subsidiaries), downloading data from the RSLIC
      general ledger on a monthly basis and reconciling such information to
      reflect agreed-upon payments among the affiliated companies; clear
      items as necessary; arrange for and code payment for wire transfers
      among the affiliated companies.
o     Includes intercompany receivables payable by RiverSource mutual funds
      to RSLIC for production/distribution of prospectuses and annual
      reports.

Journal Ledger Data-Entry
o     Daily entry of data into RSLIC's general ledger; entails receiving
      detailed information from various sources (including Client and
      Investment Accounting, bank reports, and other inputs) and entering
      such information via uploading or entry of data into the RSLIC general
      ledger.
o     Includes compiling and maintaining journal ledgers in a manner readily
      accessible to RSLIC for purposes of reports or inquiries.

Other Balance Sheet Accounts
o     Reconciling and clearing any other balance sheet account items not
      specifically identified above to the extent necessary for RSLIC
      bookkeeping or as agreed upon by the parties.

                                Page 5 of 5<PAGE>

               MANAGEMENT, SERVICE & MARKETING SUPPORT AGREEMENT

                                BY AND BETWEEN

                         RIVERSOURCE INVESTMENTS, LLC

                        RIVERSOURCE SERVICE CORPORATION

                                      AND

                      RIVERSOURCE LIFE INSURANCE COMPANY

This Management, Service, and Marketing Support Agreement (the "Agreement") is
made and entered into as of January 1, 2007 by and between RiverSource
Investments, LLC ("RiverSource Investments"), a Minnesota limited liability
company, RiverSource Service Corporation ("RiverSource Service Corporation"),
a Minnesota corporation, and RiverSource Life Insurance Company ("RSLIC"), a
Minnesota corporation.

         WHEREAS, RiverSource Variable Portfolio - Income Series, Inc.,
RiverSource Variable Portfolio - Investment Series, Inc., RiverSource Variable
Portfolio - Managed Series, Inc., RiverSource Variable Portfolio - Money
Market Series, Inc., and RiverSource Variable Portfolio - Partners Series Inc.
(each, a "Registrant") have contracted with (1) RiverSource Investments to
provide investment management and related services to each Fund or Funds
underlying the Registrant ("Funds") and (2) RiverSource Service Corporation to
provide transfer agency and shareholder services to contract owners and policy
holders of the variable contracts with sub-accounts investing in the Funds;
and

         WHEREAS, RiverSource Variable Portfolio - Select Series, Inc., (a
"Registrant") has contracted with RiverSource Investments to provide
investment management related services to the Funds and transfer agency and
shareholder services to contract owners and policy holders of the variable
contracts with sub-accounts investing in the Funds; and

         WHEREAS, the Funds are made available primarily as investment options
underlying variable annuity and variable life insurance contracts offered by
RSLIC and its subsidiaries; and

         WHEREAS, RiverSource Service Corporation desires that RSLIC provide
certain services in connection with the servicing of contract owners and
policy holders who own Funds through the variable contracts offered by RSLIC;
and

         WHEREAS, RiverSource Investments desires that RSLIC provide certain
services in connection with the servicing of contract owners and policy
holders who own Funds and further desires to pay from its own resources
financial support to RSLIC to help promote, and support the offer, sale, and
servicing of shares of the Funds offered through some or all of RSLIC's
variable contracts and, with respect to RiverSource Variable Portfolio -
Select Services, Inc., RiverSource Investments desires that RSLIC provide
certain services in connection with the

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servicing of contract owners and policy holders who own Funds through the
variable contracts offered by RSLIC; and

         NOW THEREFORE, in consideration of their mutual promises, the parties
agree as follows:

                 DUTIES OF RIVERSOURCE LIFE INSURANCE COMPANY

Section 1.01. With respect to transfer agency and shareholder servicing, RSLIC
will provide the following services:

      (1)   Sub-Account Transactions. Upon the request of a variable contract
            owner or policy holder, purchases, redemptions, exchanges and
            transfers of units representing interest in Fund shares ("units"),
            other permissible legal action, with respect to units, shall be
            processed in a timely fashion, in accordance with the terms of the
            variable contract and related prospectus.

      (2)   Communication with Transfer Agent. RSLIC will process variable
            contract and policy holder requests with respect to units and
            communicate with the Transfer Agent net transactions in shares for
            the Fund.

      (3)   Lost or Stolen Checks. RSLIC will replace lost or stolen checks
            issued to variable contract owners and policy holders upon receipt
            of proper notification.

      (4)   Valuation Adjustments (as-of-costs) to Unit Value. RSLIC will
            calculate and process valuation adjustments for variable contract
            owners and policy holders.

      (5)   Contract Owner List Maintenance. RSLIC shall maintain all variable
            contract owner and policy holder accounts, which shall contain all
            required tax, legally imposed and regulatory information; shall
            prepare shareholder mailing lists; shall cause to be delivered all
            required prospectuses, annual reports, semiannual reports,
            statements of additional information (upon request), proxies and
            other communications.

      (6)   Contract Owner Reporting; Statements and Confirmations. RSLIC
            shall confirm each transaction either at the time of the
            transaction or through periodic reports as may be legally
            permitted.

      (7)   Compliance Controls and Support. RSLIC will provide adequate
            oversight of applicable rules and regulations affecting the units
            and the variable contracts.

Section 1.02. With respect to the promotion and support of the offer, sale,
and servicing of Fund shares, RSLIC will provide the following services:

      (1)   Provide general Fund management services including development,
            pricing and marketing.

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      (2)   Permit marketing and/or educational personnel to meet with RSLIC's
            registered representatives and/or other applicable personnel for
            the purpose of informing and explaining the features and
            characteristics of the Funds and the benefits and risks of
            investments in the Funds.

      (3)   Permit marketing and educational materials regarding the Funds to
            RSLIC's registered representatives and/or other applicable
            personnel.

      (4)   Regularly include information about the Funds in internal sales
            communications for RSLIC's registered representatives and/or other
            applicable personnel.

      (5)   Assign registered representatives to each Fund shareholder account
            in RSLIC's records and reassign such account should a registered
            representative assigned to such account leave RSLIC's firm.

      (6)   List all Funds on RSLIC's product list and provide adequate
            opportunities to provide information to RSLIC for its conducting
            of due diligence on the Funds for their inclusion in any of
            RSLIC's "approved" or "preferred" (or similar) lists of investment
            vehicles.

      (7)   Permit participation in marketing and educational events for
            RSLIC's registered representatives and/or other applicable
            personnel regarding the Funds.

      (8)   Perform other marketing support, educational services and
            activities and shareholder servicing activities, as determined by
            RSLIC either in its sole discretion or in consultation with
            RiverSource Investments.

Section 1.03. Ownership and Confidentiality of Records.

      (1)   The parties agree that all records prepared or maintained by them
            relating to the services to be performed by them under the terms
            of this Agreement are the property of the Funds and may be
            inspected by the Funds or any person retained by the Funds at
            reasonable times. The Funds and the parties agree to protect the
            confidentiality of those records.

      (2)   Regulation S-P.

            (a)   In accordance with Regulation S-P of the Securities and
                  Exchange Commission, "Nonpublic Personal Information"
                  includes (i) all personally identifiable financial
                  information; (ii) any list, description, or other grouping
                  of consumers (and publicly available information pertaining
                  to them) that is derived using any personally identifiable
                  financial information that is not publicly available
                  information; and (iii) any information derived therefrom.

            (b)   The parties must not use or disclose Nonpublic Personal
                  Information for any purpose other than to carry out the
                  purpose for which Nonpublic Personal Information was
                  provided to them as set forth in this Agreement,

                                 Page 3 of 8
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                  and agree to cause the parties and their employees, agents,
                  representatives, or any other party to whom they may provide
                  access to or disclose Nonpublic Personal Information to
                  limit the use and disclosure of Nonpublic Personal
                  Information to that purpose.

            (c)   The parties agree to implement appropriate measures designed
                  to ensure the security and confidentiality of Nonpublic
                  Personal Information, to protect such information against
                  any anticipated threats or hazards to the security or
                  integrity of such information, and to protect against
                  unauthorized access to, or use of, Nonpublic Personal
                  Information that could result in substantial harm or
                  inconvenience to any contract owner; the parties further
                  agree to cause all their agents, representatives,
                  subcontractors, or any other party to whom they may provide
                  access to, or disclose, Nonpublic Personal Information to
                  implement appropriate measures designed to meet the
                  objectives set forth in this paragraph.

            (d)   With respect only to the provisions of this Section 1.03(2),
                  the parties agree to indemnify and hold harmless the Funds,
                  and any officer or director of the Funds, against losses,
                  claims, damages, expenses, or liabilities to which the
                  Funds, or any officer or director of the Funds, may become
                  subject as the result of (i) a material breach of the
                  provisions of this section of the Agreement or (ii) any acts
                  or omissions of the parties, or of any of their officers,
                  directors, employees, or agents, that are not substantially
                  in accordance with this Agreement, including, but not
                  limited to, any violation of any federal statute or
                  regulation. Notwithstanding the foregoing, no party will be
                  entitled to indemnification pursuant to this Section
                  1.03(2)(d) if such loss, claim, damage, expense, or
                  liability is due to the willful misfeasance, bad faith,
                  gross negligence, or reckless disregard of duty by the party
                  seeking indemnification.

Section 1.04. With respect to all duties and responsibilities of the parties
hereunder, each party may provide any or all such services directly, or it may
contract with one of its affiliates for the provision of such services, but in
such event, each party will remain responsible for the delivery of all
services in accordance with the terms of this Agreement.

Section 1.05. Each party will be responsible for maintaining all required
records, memoranda, instructions or authorizations relating to the services it
performs under this Agreement. Each party will provide copies of or access to
such records, memoranda, instructions or authorizations to the other party as
requested.

Section 1.06. Each party will furnish the other party, or its designated
affiliate, any information reasonably requested with respect to its services
performed or to be performed under this Agreement.

Section 1.07. Each party agrees to be responsible for the maintenance of an
adequate organization of competent persons to provide the services and perform
the functions mentioned herein.

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                          COMPENSATION FOR SERVICES.

Section 2.01. In consideration of the services provided by RSLIC, RiverSource
Investments and RiverSource Service Corporation agree to pay RSLIC a fee as
set forth in Schedule A.

Section 2.02. Fees are payable as soon as possible after the close of the
month, and in any event, will be paid not later than the last business day of
the month following the month for which services were provided.

                                 MISCELLANEOUS

Section 3.01. It is understood and agreed that in furnishing the Funds with
the services as herein provided, neither RSLIC, or any officer, director or
agent thereof will be liable to the Funds or their creditors, RiverSource
Investments, RiverSource Service Corporation, or any officer, director or
agent thereof for errors of judgment or for anything except willful
misfeasance, bad faith or gross negligence in the performance of its duties,
or reckless disregard of its obligations and duties under the terms of this
Agreement. It is further understood and agreed that RSLIC may rely upon
information furnished to it reasonably believed to be accurate and reliable.

Section 3.02. It is understood and agreed that in furnishing the Funds with
the services as herein provided, neither RiverSource Investments, RiverSource
Service Corporation, or any officer, director or agent thereof will be liable
to the Funds or their creditors, RSLIC, or any officer, director or agent
thereof for errors of judgment or for anything except willful misfeasance, bad
faith or gross negligence in the performance of its duties, or reckless
disregard of its obligations and duties under the terms of this Agreement. It
is further understood and agreed that RiverSource Investments and RiverSource
Service Corporation may rely upon information furnished to it reasonably
believed to be accurate and reliable.

Section 3.03. This Agreement will extend to and will not be binding on the
parties hereto, and their respective successors and assigns; provided,
however, that this Agreement will not be assignable without the written
consent of the other party.

Section 3.04. This Agreement will be governed by the laws of the State of
Minnesota.

                           TERMINATION AND AMENDMENT

Section 4.01. This Agreement may be amended or modified by a written agreement
executed by both parties.

Section 4.02. This Agreement will remain in effect from year to year until
terminated. Either party will have the right to terminate this Agreement upon
60 days' written notice to the other party.

                                  ARBITRATION

Section 5.01. Any unresolved dispute under this Agreement between RiverSource
Investments and RiverSource Service Corporation, and RSLIC shall be decided by
binding arbitration. The arbitration shall be conducted by a sole arbitrator
selected by unanimous agreement of the

                                 Page 5 of 8
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concerned parties hereto as the case may be, or if unanimous agreement cannot
be reached then by drawing lots. Decisions of the arbitrator shall be final
and there shall be no appeal from the arbitrator's decisions. The arbitration
shall be conducted in accordance with the rules of the American Arbitration
Association unless the concerned parties decide otherwise in which case the
latter decisions will apply as to the applicable rules for arbitration. The
place of arbitration will be Minneapolis, USA.

IN WITNESS THEREOF, the parties hereto have executed the foregoing Agreement.

RIVERSOURCE INVESTMENTS, LLC                 RIVERSOURCE LIFE INSURANCE COMPANY

By:   /s/ Michelle M. Keeley                 By:   /s/ Timothy V. Bechtold
      ------------------------                     --------------------------
Name:     Michelle M. Keeley                 Name:     Timothy V. Bechtold

Title:    Executive Vice President           Title:    President

RIVERSOURCE SERVICE CORPORATION

By:   /s/ G. Kephart-Strong
      ------------------------
Name:     Geralynn Kephart-Strong

Title:    President

                                 Page 6 of 8
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                                  SCHEDULE A

I.    For each Fund except Variable Portfolio Core Equity Fund, a series of
      RiverSource Variable Portfolio - Select Series, Inc. ("VP Core Equity
      Fund"), the fee for services provided with respect to transfer agency
      and shareholder servicing shall be equal to 0.06% (6 basis points). In
      addition, to the extent RSLIC incurs any out-of-pocket expenses related
      to the Funds, as set forth below, RSLIC shall be reimbursed by the
      RiverSource Service Corporation monthly for the following out-of-pocket
      expenses (for each Fund except VP Core Equity Fund):

      o     typesetting, printing, paper, envelopes, postage and return
            postage for proxy soliciting material, and proxy tabulation costs

      o     printing, paper, envelopes and postage for records of account,
            purchase confirmations, exchange confirmations and exchange
            prospectuses, redemption confirmations, redemption checks, and any
            other communication required to be sent to shareholders

      o     typesetting, printing, paper, envelopes and postage for
            prospectuses, annual and semiannual reports, statements of
            additional information, supplements for prospectuses and
            statements of additional information and other required mailings
            to shareholders

      o     other expenses incurred at the request or with the consent of the
            Fund

II.   For all services provided by RSLIC with respect to management related
      services (if any) and for marketing and servicing support with respect
      to Funds and, with respect to VP Core Equity Fund, transfer agency and
      shareholder servicing hereunder, RiverSource Investments will pay a fee
      to RSLIC. The fee will be calculated as follows:

      (a)   The rate, to be used prospectively, will be calculated as soon as
            possible after year end. The rate will be calculated as follows,
            using actual data from the previous year:

            (1)   Calculate the average daily net asset balance of the Funds;

            (2)   Determine the total compensation paid to the investment
                  manager by the Funds;

            (3)   Divide the total of the fees determined under (a)(2) of this
                  Schedule A by the average daily Fund balances determined
                  under (a)(1) of this Schedule A to arrive at the effective
                  investment manager fee in basis points;

            (4)   Determine the total investment management costs incurred by
                  RiverSource Investments for these Funds;

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            (5)   Take the result under (a)(4) of this Schedule A times 1.17,
                  where ".17" represents a reasonable profit margin as
                  determined by discussions with external consultants and
                  consideration of internal hurdle rates;

            (6)   Divide the result determined under (a)(5) of this Schedule A
                  by the average daily Fund balances determined under (a)(1)
                  of this Schedule A to derive the total basis points of
                  investment management expense;

            (7)   Subtract the total basis points investment management
                  expense determined under (a)(6) of this Schedule A from the
                  effective investment manager fee in total basis points
                  determined under (a)(3) of this Schedule A.

                  If the Rate as calculated above is negative, the parties
                  agree that it will be applied as if it were zero.

      (b)   The fee transferred from RiverSource Investments to RSLIC each
            month will be calculated as follows:

            (1)   At the end of each month, use the average daily net asset
                  balance of the Funds during the month just ended;

            (2)   Take the rate calculated in (a) of this Schedule A times the
                  average daily net assets;

            (3)   Divide the result by 12 to get the monthly fee to transfer
                  from RiverSource Investments to RSLIC.

                                 Page 8 of 8

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