AMENDMENT TWO TO FUND PARTICIPATION AGREEMENT Effective March 31, 2008
AMENDMENT TWO TO FUND PARTICIPATION AGREEMENT
Effective March 31, 2008
Pacific Life Insurance Company (the “Company”) has entered into a Fund Participation Agreement dated February 4, 2005 (the “Agreement”), with Xxxxxxx Xxxxx Variable Series Funds, Inc. (now named BlackRock Variable Series Funds, Inc.)(the “Fund”) and FAM Distributors, Inc. as amended June 22, 2007 (“Amendment No. 1”) regarding the provision to purchase shares in one more of the Portfolios on behalf of segregated accounts to fund certain variable life insurance policies and/or variable annuity contacts funded or to be funded through one or more of the accounts. The rights and obligations of FAM Distributors, Inc. under the Fund Participation Agreement was assigned to BlackRock Distributors, Inc. in Amendment No. 1.
The parties to the Agreement hereby agree to amend the Agreement as follows:
1. SCHEDULE A is deleted in its entirety and replaced with the following Schedule A:
SCHEDULE A
Separate Accounts and Associated Variable Life Contracts
Participating in Portfolios of BlackRock Variable Series Funds, Inc.
| Name of Separate Account and Date | Policies/Contracts Funded By Separate | |
| Established by Board of Directors | Account | |
| Pacific Select Exec Separate Account | Pacific Select Exec | |
| May 12, 1998 | Pacific Select Exec II | |
| Pacific Select Exec III | ||
| Pacific Select Exec IV | ||
| Pacific Select Choice | ||
| Pacific Select Estate Preserver | ||
| Pacific Select Estate Preserver II | ||
| Pacific Select Estate Preserver III | ||
| Pacific Select Estate Preserver IV | ||
| Pacific Select Estate Preserver V | ||
| Pacific Select Estate Preserver VI | ||
| Pacific Select Estate Maximizer | ||
| Pacific Select Performer 500 | ||
| M’s Versatile Product | ||
| M’s Versatile Product - VI | ||
| M’s Versatile Product - VII | ||
| M’s Versatile Product – Survivorship | ||
| M’s Versatile Product - Survivorship II | ||
| Pacific Select Accumulator | ||
| Pacific COLI Separate Account | Custom COLI | |
| July 17, 1992 | Custom COLI Rider | |
| Pacific COLI II Separate Account | COLI II | |
| October 12, 1998 | COLI IV | |
| Pacific COLI III Separate Account | COLI II | |
| October 12, 1998 | COLI IV | |
| Diversified Fixed Investment Variable Account | Custom COLI Rider | |
| September 25,1996 | ||
| Separate Account I of Pacific Life Insurance | Magnastar | |
| Company August 9, 2007 | ||
| Pacific COLI Separate Account IV of Pacific Life | Custom COLI VI | |
| Insurance Company | ||
| Pacific COLI Separate Account V of Pacific Life | Custom COLI VII | |
| Insurance Company | ||
Separate Accounts and Associated Variable Annuity Contracts
Participating in Portfolios of BlackRock Variable Series Funds, Inc.
| Name of Separate Account and Date | Policies/Contracts Funded By Separate | |
| Established by Board of Directors | Account | |
| Separate Account A of Pacific Life Insurance | Pacific One Select | |
| Company September 7, 1994 | Pacific One | |
| Odyssey | ||
| Innovations Select | ||
| Innovations | ||
| Portfolios | ||
| Portfolios for Chase | ||
| Value | ||
| Voyages | ||
| Explorer | ||
| Journey | ||
| Value Edge | ||
| Pacific Select Variable Annuity Separate | PSVA | |
| Account of Pacific Life Insurance Company | ||
| November 30, 1989 | ||
2. Schedule B is deleted in its entirety and replaced with the following:
Schedule B
All Portfolios and share classes of BlackRock Variable Series Funds, Inc.
BlackRock Balanced Capital V.I. Fund
BlackRock Basic Value V.1. Fund
BlackRock Fundamental Growth V.I. Fund
BlackRock Global Allocation V.I. Fund
BlackRock Global Growth V.I. Fund
BlackRock Government Income V.1. Fund
BlackRock High Income V.I. Fund
BlackRock International Value V.I. Fund
BlackRock Large Cap Core V.I. Fund
BlackRock Large Cap Growth V.I. Fund
BlackRock Large Cap Value V.I. Fund
BlackRock Money Market V.I. Fund
BlackRock S&P 500 Index V.I. Fund
BlackRock Total Return V.I. Fund
BlackRock Utilities and Telecommunications V.I. Fund
BlackRock Value Opportunities V.I. Fund
The Fund will direct BlackRock Distributors, Inc. to pay the Company a Distribution 12b-l fee of up to .25% of the net asset value of the Class Ill shares of each Portfolio in accordance with the Distribution Plan as described in the Fund’s prospectus.
To the extent that provisions of the Agreement and this Amendment are in conflict, the terms of this Amendment shall control. Except to the extent amended by this Amendment, the Agreement shall remain unchanged and in full force and effect, and is hereby ratified and confirmed in all respects as amended hereby.
| BlackRock Distributors, Inc. | Pacific Life Insurance Company | |||||||||
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| BlackRock Variable Series Funds, Inc. | ||||||||||
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