AMENDMENT TO THE ADVISORY FEE WAIVER AGREEMENT FOR DIVERSIFIED ALTERNATIVES PORTFOLIO OF PACIFIC SELECT FUND
Exhibit (d)(b)(19)(a)
AMENDMENT TO THE
ADVISORY FEE WAIVER AGREEMENT FOR
DIVERSIFIED ALTERNATIVES PORTFOLIO OF
This AMENDMENT to the Advisory Fee Waiver Agreement, effective as of May 1, 2016 (the “Amendment”), is being entered into by and between Pacific Life Fund Advisors LLC (the “Adviser”) and Pacific Select Fund (the “Trust”), on behalf of the Diversified Alternatives Portfolio, a series portfolio of the Trust (the “Fund”).
WHEREAS, the Trust and the Adviser (collectively, the “Parties”) entered into an Advisory Fee Waiver Agreement dated October 30, 2015 (the “Agreement”); and
WHEREAS, the Adviser and the Trust mutually desire to amend the Agreement as set forth herein.
NOW THEREFORE, in consideration of the renewal of the premises, promises and mutual covenants contained herein and in the Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the Parties, the Parties agree that the Agreement is hereby amended as follows:
1. | Section II (Term and Termination of Agreement), subsection A, of the Agreement is hereby deleted and replaced with the following: |
A. | This Agreement shall have a term commencing on October 30, 2015 and ending on April 30, 2017. Thereafter, this Agreement shall automatically renew for successive one-year terms (each a one-year term) ending April 30th of each year, unless: |
1. | The Adviser provides ninety (90) day written notice of the termination of this Agreement prior to the beginning of the next one-year term; |
2. | The Adviser no longer serves as manager for the Fund; or |
3. | The investment advisory fee rate for the current manager of the Fund is revised during the term of this Agreement. |
2. | Except as amended in this Amendment, the terms and conditions of the Agreement shall remain in full force and effect. |
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IN WITNESS WHEREOF, the parties have caused this Amendment to be signed by their respective officers thereunto duly authorize and their respective corporate seals to be hereunto affixed, as of the day and year first above written.
PACIFIC SELECT FUND | ||
By: /s/ Xxxxxx X. Xxxxxxxx |
By: /s/ Xxxxxxx X. XxxXxxxx | |
Name: Xxxxxx X. Xxxxxxxx |
Name: Xxxxxxx X. XxxXxxxx | |
Title: Senior Vice President |
Title: VP & Assistant Secretary | |
PACIFIC LIFE FUND ADVISORS LLC | ||
By: /s/ Xxxxxx X. Xxxxxxxx |
By: /s/ Xxxxxxx X. XxxXxxxx | |
Name: Xxxxxx X. Xxxxxxxx |
Name: Xxxxxxx X. XxxXxxxx | |
Title: SVP, Fund Advisor Operations |
Title: VP & Assistant Secretary |
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