AMENDMENT TWO TO FUND PARTICIPATION AGREEMENT Effective March 31, 2008
AMENDMENT TWO TO FUND PARTICIPATION AGREEMENT
Effective March 31, 2008
Pacific Life & Annuity Company (the “Company”) has entered into a Fund Participation Agreement dated July 25, 2005 (the “Agreement”), with FAM 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 Established by Board of Directors |
Policies/Contracts Funded By Separate Account | |||
Pacific COLI Separate Account II of Pacific Life & Annuity Company October 17, 2003 |
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Pacific Select Exec Separate Account of Pacific Life & Annuity Company September 24, 1998 |
Pacific Select Exec II – NY Pacific
Select Exec III – NY Pacific Select Exec IV – NY | |||
Pacific Select Exec V – NY | ||||
Pacific Select Estate Preserver – NY | ||||
Separate Account I of Pacific Life & Annuity Company | Magnastar | |||
June 8, 2002 |
Separate Accounts and Associated Variable Annuity Contracts
Participating in Portfolios of BlackRock Variable Series Funds, Inc.
Name of Separate Account and Date Established by Board of Directors |
Policies/Contracts Funded By Separate Account | |||
Separate Account A of Pacific Life & Annuity |
Innovations Select–NY | |||
January 25, 1999 |
Odyssey–NY | |||
Portfolios– NY | ||||
Portfolios for Chase–NY | ||||
Value–NY | ||||
Voyages–NY | ||||
Dynamix–NY | ||||
Explorer–NY | ||||
Journey–NY | ||||
Value Edge–NY |
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.I. Fund
BlackRock Fundamental Growth V.I.
Fund BlackRock Global Allocation
V.I. Fund BlackRock Global Growth
V.I. Fund BlackRock Government
Income V.I. 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-1 fee of up to .25% of the net asset value of the Class III 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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