EXHIBIT 99.8(c)
Addendum to Custodian Agreement
ADDENDUM TO CUSTODY AGREEMENT
-----------------------------
The Custody Agreement, made the 1st day of December, 1987, and subsequently
amended on January 17, 1989, January 4, 1994, August 15, 1994, November 20,1995
and May 15, 1997, between PACIFIC SELECT FUND (the "Fund") a Massachusetts
business trust having its principal place of business at 000 Xxxxxxx Xxxxxx
Xxxxx, Xxxxxxx Xxxxx, XX 00000, and Investors Fiduciary Trust Company ("IFTC"),
a state chartered trust company organized and existing under the laws of the
state of Missouri, having its principal place of business at 000 Xxxxxxxxxxxx,
Xxxxxx Xxxx, Xxxxxxxx 00000 (the "Agreement") is hereby amended by the addition
of the provisions set forth in this Addendum to the Agreement ("Addendum"),
which is made this __ day of _______________, 1998.
WITNESSETH:
WHEREAS, pursuant to the Agreement, the Fund has appointed IFTC as
Custodian and IFTC has accepted such appointment; and
WHEREAS, the Fund currently consists of fourteen separate series designated
as the Money Market Portfolio, Managed Bond Portfolio, High Yield Bond
Portfolio, Government Securities Portfolio, Growth Portfolio, Equity Income
Portfolio, Multi-Strategy Portfolio, International Portfolio, Equity Index
Portfolio, Growth LT Portfolio, Equity Portfolio, Bond and Income Portfolio,
Aggressive Equity Portfolio and Emerging Markets Portfolio (each referred to as
a "Series" in the Agreement, and hereinafter referred to as a "Portfolio"); and
WHEREAS, the Fund intends to establish four additional Portfolios to be
designated as the Large-Cap Value Portfolio, Mid-Cap Value Portfolio, REIT
Portfolio and Small-Cap Index Portfolio; and
WHEREAS, the Fund desires to appoint IFTC as Custodian for the Large-Cap
Value Portfolio, Mid-Cap Value Portfolio, REIT Portfolio and Small-Cap Index
Portfolio on the terms set forth in the Agreement and this Addendum; and
WHEREAS, IFTC is willing to accept such appointment;
NOW THEREFORE, in consideration of the mutual promises and covenants
contained in this Addendum, it is agreed between the parties hereto as follows:
1. In addition to its responsibilities as specified in the Agreement, the
Fund hereby constitutes and appoints IFTC as custodian with respect to
the Large-Cap Value Portfolio, Mid-Cap Value Portfolio, REIT Portfolio
and Small-Cap Index Portfolio, which, in addition to all other
Portfolios previously established by the Fund, shall be deemed as a
Portfolio under the Agreement as provided in the Agreement subject to
the terms and conditions as specified in the Agreement and this
Addendum, including the compensation provisions in section seven (7)
("Compensation") of the Agreement and in the Fee Schedule ("Exhibit
A") attached thereto.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
executed by their officers designated below on the date written above.
PACIFIC SELECT FUND
Attest: /s/ Xxxxxx X. Milfs By: /s/ Xxxxxx X. Xxxxxx
------------------------------------ --------------------------
Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Title: Chairman of the Board,
Trustee and President
INVESTORS FIDUCIARY TRUST COMPANY
Attest: By:
------------------------------------
Name: Name:
Title: Title:
