Amendment No. 6 to Administrative Services Agreement Franklin Templeton Services, LLC Pacific Life Insurance Company
Amendment No. 6 to
Administrative Services Agreement
Franklin Xxxxxxxxx Services, LLC
Pacific Life Insurance Company
THIS AMENDMENT is made by and between Franklin Xxxxxxxxx Services, LLC (the “Fund Administrator”) and Pacific Life Insurance Company (the “Company”).
WHEREAS, the Company and the Fund Administrator have entered into an Administrative Services Agreement, dated as of March 17, 2008, as may be amended from time to time (the “Agreement”), concerning certain administrative services with respect to each series (“Fund” or “Funds”) of Franklin Xxxxxxxxx Variable Insurance Products Trust (the “Trust”) listed on the Schedule B of the Agreement;
WHEREAS, the Company and the Fund Administrator wish to amend the Agreement for the purpose of adding certain new Funds and variable life or variable annuity insurance contracts covered by the Agreement.
NOW, THEREFORE, in consideration of past and prospective business relations, the Fund Administrator and the Company hereby amend the Agreement as follows:
1. Schedule B of the Agreement is hereby deleted in its entirety and replaced with the Schedule B attached hereto.
2. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
This Amendment is executed effective as of May 1, 2019.
FRANKLIN XXXXXXXXX SERVICES, LLC |
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PACIFIC LIFE INSURANCE COMPANY | ||
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By: |
/s/ XXXXX XXXXXXXXX |
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By: |
/s/ XXXX X. XXXXXXXX |
Name: Xxxxx Xxxxxxxxx |
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Name: Xxxx X. Xxxxxxxx | ||
Title: President |
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Title: Assistant Vice President | ||
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Attest: |
/s/ XXXXXXX X. XXXX | |
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Name: Xxxxxxx X. Xxxx | ||
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Title: Assistant Secretary |
Schedule B
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.
# |
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Separate Account/ |
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Funds of the Trust |
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Fee |
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Date of |
1. |
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Pacific COLI Separate Account |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
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2. |
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Pacific COLI Separate Account II |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
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3. |
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Pacific COLI Separate Account III |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
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4. |
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Pacific COLI Separate Account IV |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
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5. |
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Pacific COLI Separate Account V |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
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6. |
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Pacific Select Exec Separate Account of Pacific Life Insurance Company |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
# |
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Separate Account/ |
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Funds of the Trust |
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Fee |
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Date of |
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Pacific Select Exec Separate Account of Pacific Life Insurance Company |
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Xxxxxxxxx Foreign VIP Fund — Class 1 |
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0.20 |
% |
May 1, 2019 |
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7. |
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Pacific Select Variable Annuity Separate Account of Pacific Life Insurance Company |
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Franklin Founding Funds Allocation VIP Fund — Class 4 |
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0.20 |
% |
May 1, 2010 |
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(811-05980) |
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Franklin Rising Dividends VIP Fund - Class 2 |
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0.20 |
% |
January 1, 2013 |
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Franklin Income Fund — Class 2 |
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0.20 |
% |
May 1, 2015 |
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8. |
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Separate Account A of Pacific Life Insurance Company |
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Franklin Founding Funds Allocation VIP Fund — Class 4 |
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0.20 |
% |
May 1, 2010 |
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(811-08946) |
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Franklin Mutual Global Discovery VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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Franklin Rising Dividends VIP Fund - Class 2 |
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0.20 |
% |
January 1, 2013 |
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Franklin Income VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2015 |
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9. |
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Separate Account I of Pacific Life Insurance Company |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2010 |
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(Unregistered) |
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Xxxxxxxxx Foreign VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2012 |
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10. |
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Pacific COLI Separate Account VI |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2014 |
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11. |
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Pacific COLI Separate Account X |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2014 |
# |
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Separate Account/ |
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Funds of the Trust |
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Fee |
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Date of |
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Pacific COLI Separate Account X |
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Xxxxxxxxx Foreign VIP Fund — Class 1 |
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0.20 |
% |
May 1, 2019 |
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12. |
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Pacific COLI Separate Account XI |
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Xxxxxxxxx Global Bond VIP Fund — Class 2 |
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0.20 |
% |
May 1, 2014 |
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Xxxxxxxxx Foreign VIP Fund — Class 1 |
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0.20 |
% |
May 1, 2019 |