Exhibit (e)(6)
FORM OF SUPPLEMENT TO DISTRIBUTION CONTRACT
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PIMCO Funds: Multi-Manager Series
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December __, 2000
PIMCO Funds Distributors LLC
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Re: PIMCO Select Value Fund
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Ladies and Gentlemen:
This will confirm the agreement between the undersigned (the "Trust")
and PIMCO Funds Distributors LLC (the "Distributor") as follows:
1. The Trust is an open-end management investment company organized as a
Massachusetts business trust and consisting of such separate investment
portfolios as have been or may be established by the Trustees of the Trust from
time to time. Up to six separate classes of shares of beneficial interest in the
Trust are offered to investors with respect to each investment portfolio. PIMCO
Select Value Fund (the "Fund") is a separate investment portfolio of the Trust.
2. The Trust and the Distributor have entered into a Distribution Contract
(the "Contract") dated May 5, 2000, pursuant to which the Distributor has agreed
to be the distributor of shares of beneficial interest in the Trust.
3. In accordance with paragraph 1 of the Contract, the Trust and the
Distributor hereby designate the Fund as an additional investment portfolio to
which the Contract pertains and adopt the Contract with respect to the Fund, the
terms and conditions of the Contract being hereby incorporated herein by
reference.
4. This Supplement and the Contract shall become effective with respect to
the Fund on the date hereof and shall remain in full force and effect
continuously as to the Fund and a class of shares thereof (unless terminated
automatically as set forth in Section 17 of the Contract) until terminated:
(a) Either by the Fund or such class or the Distributor by not more than
sixty (60) days' nor less than thirty (30) days' written notice delivered or
mailed by registered mail, postage prepaid, to the other party; or
(b) Automatically as to the Fund or class thereof at the close of business
one year from the date hereof, or upon the expiration of one year from the
effective date of the last
continuance of the Contract, whichever is later, if the continuance of the
Contract is not specifically approved at least annually by the Trustees of the
Trust or the shareholders of the Fund or such class by the affirmative vote of a
majority of the outstanding shares of the Fund or such class, and by a majority
of the Trustees of the Trust who are not interested persons of the Trust and who
have no direct or indirect financial interest in the operation of the Plans (as
defined in the Contract) or the Contract by vote cast in person at a meeting
called for the purpose of voting on such approval.
Action by the Fund or a class thereof under (a) above may be taken either
(i) by vote of the Trustees of the Trust, or (ii) by the affirmative vote of a
majority of the outstanding shares of the Fund or such class. The requirement
under (b) above that the continuance of this Contract be "specifically approved
at least annually" shall be construed in a manner consistent with the 1940 Act
and the rules and regulations thereunder.
Termination of this Addendum and the Contract pursuant to this section
shall be without the payment of any penalty.
If the Contract is terminated or not renewed with respect to the Fund or
any other investment portfolio of the Trust or class of shares thereof, it may
continue in effect with respect to any investment portfolio (including the Fund)
or any class thereof as to which it has not been terminated (or has been
renewed).
If the foregoing correctly sets forth the agreement between the Trust and
the Distributor, please so indicate by signing and returning to the Trust the
enclosed copy hereof.
Very truly yours,
PIMCO Funds: Multi-Manager Series
By:
Title:
ACCEPTED:
PIMCO Funds Distributors LLC
By: __________________
Title:
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