Administration Expense Payments. (a) FAMD agrees to pay the Insurer an amount equal to twenty-five basis points (0.25%) per annum of the average daily net assets of the Portfolios listed on Schedule B attached hereto that are held in Separate Accounts of Insurer pursuant to the Participation Agreement(s).
Appears in 11 contracts
Samples: Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life & Annuity Co), Administrative Services Agreement (Separate Account a of Pacific Life Insurance Co)