Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. Only one fee rate is in effect for each Contract; for each Contract higher fee rates supersede and replace lower fee rates, which are shown for reference only. Date of beginning of period for Product Name/ Fee computation of # Company Name Securities Act No. Funds of the Trust Rate fee 1. Pacific Life Insurance Company Pacific One Select 033-88458 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund — Class 4 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund — Class 2
Appears in 8 contracts
Samples: Administrative Services Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Administrative Services Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Administrative Services Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)
Administrative Expense Payment. The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement. Only one fee rate is in effect for each Contract; for each Contract higher fee rates supersede and replace lower fee rates, which are shown for reference only. Date of beginning of period for Product Name/ Fee computation of # Company Name Securities Act No. Funds of the Trust Rate fee 1. Pacific Life Insurance & Annuity Company Pacific One Innovations Select 033333-88458 71081 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund — Class 4 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund — Class 2
Appears in 6 contracts
Samples: Administrative Services Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui), Administrative Services Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui), Administrative Services Agreement (Pacific Select Exec Separate Account of Pacific Life & Annui)
