Common use of Automated Investment Authorization Clause in Contracts

Automated Investment Authorization. Complete the section to make automated investments (one-time or reoccurring) directly from your bank account. One-Time Investment through Electronic Funds Transfer: By selecting this option, you are authorizing Pacific Funds to request a one- time debit of the requested amount in Section 3 from the bank instructions provided in Section 12. If more than one fund was selected in Section 4, the amount requested will be allocated accordingly. Requests in good order will usually be completed within three business days after Pacific Funds receives this application. Pre-Authorized Investment Plan: By selecting this option, you are authorizing Pacific Funds to withdraw funds from the bank instructions in Section 12 on a re-occurring basis for the amount requested below. Please allow 2 business days for initial setup. The first draft will be processed 30 days from the day all requirements are received in good order if a start date is not provided. The allocations will be proportional to your fund selections in Section 5 if no fund information is provided. Complete the section below. Fund Name or Number Dollar Amount (must meet $50 minimum per fund) Frequency (default is monthly) Start Date (mo/day/yr) $ Monthly Semiannually Quarterly Annually $ Monthly Semiannually Quarterly Annually

Automated Investment Authorization. Complete the section to make automated investments (one-time or reoccurring) directly from your bank account. Complete Section 15. One-Time Investment through Electronic Funds Transfer: By selecting this option, you are authorizing Pacific Funds to request a one- one-time debit of the requested amount in Section 3 4 from the bank instructions provided in Section 1214. If more than one fund was selected in Section 45, the amount requested will be allocated accordingly. Requests in good order will usually be completed within three business days after Pacific Funds receives this application. Pre-Authorized Investment Plan: By selecting this option, you are authorizing Pacific Funds to withdraw funds from the bank instructions in Section 12 14 on a re-occurring basis for the amount requested below. Please allow 2 business days for initial setup. The first draft will be processed 30 days from the day all requirements are received in good order if a start date is not provided. The allocations will be proportional to your fund selections in Section 5 if no fund information is provided. Complete the section below. For SEP IRAs only: Personal IRA Contribution Employer Contribution Fund Name or Number Dollar Amount (must meet $50 minimum per fund) Frequency (default is monthly) Start Date (mo/day/yr) $ Monthly Semiannually Quarterly Annually $ $ Monthly Semiannually Quarterly Annually