AMENDMENT NO. 1 TO THE SUBADVISORY AGREEMENT PACIFIC SELECT FUND
Exhibit (d)(ii)(1)
THIS AMENDMENT made as of this 1st day of January, 2011by and among
Pacific Life Fund Advisors LLC (“Adviser”), a Delaware limited liability company, and Invesco
Advisers, Inc., a Delaware corporation (“Subadviser”) and Pacific Select Fund a Massachusetts
Business Trust (the “Trust”).
WHEREAS, Adviser, Subadviser and the Trust are parties to that certain Subadvisory Agreement
effective June 1, 2010 (the “Agreement”) pursuant to which Subadviser furnishes investment advisory
services for the series of the Trust listed in the Agreement;
WHEREAS, the parties mutually desire to amend the Agreement as set forth herein;
NOW, THEREFORE, in consideration of the premises, the promises, and the mutual covenants
contained in the Agreement and the good and fair consideration paid in connection with that
Agreement, the parties mutually agree that the Agreement is hereby amended as follows:
1. | The Fee Schedule of the Agreement is hereby deleted and the replacement Fee Schedule attached hereto and made a part hereof, is hereby substituted in lieu thereof and made effective January 1, 2011. | ||
2. | Except as herein above modified, all other terms and provisions of the Agreement shall be and remain in full force and effect. |
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be executed as of the day and
year provided above for the Amendment.
PACIFIC LIFE FUND ADVISORS LLC
By:
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/s/ Xxxxxx X. Xxxxxxxx | By: | /s/ Xxxx X. Xxxx | |||||
Name:
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Xxxxxx X. Xxxxxxxx | Name: | Xxxx X. Xxxx | |||||
Title:
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VP, Fund Advisor Operations | Title: | Secretary | |||||
INVESCO ADVISERS, INC. | ||||||||
By:
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/s/ Xxxx X. Xxxxxxxx | By: | ||||||
Name:
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Xxxx X. Xxxxxxxx | Name: | ||||||
Title:
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CCO & Senior Vice President | Title: |
PACIFIC SELECT FUND | ||||||||
By:
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/s/ Xxxxxx X. Xxxxxxxx | By: | /s/ Xxxx X. Xxxx | |||||
Name:
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Xxxxxx X. Xxxxxxxx | Name: | Xxxx X. Xxxx | |||||
Title:
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Vice President | Title: | Secretary |
Exhibit A
PACIFIC SELECT FUND
FEE SCHEDULE
FEE SCHEDULE
Effective: January 1, 2011
Portfolio: Xxxxxxxx Portfolio
The Adviser will pay to the Subadviser a monthly fee based on an annual percentage of the average
daily net assets of the Xxxxxxxx Portfolio according to the following calculations:
(a)
0.35% on first $1 billion of Combined Assets as defined below,
0.285% on the excess
0.285% on the excess
Multiplied by
(b) The ratio of the Xxxxxxxx Portfolio’s average daily net assets over the Combined Assets.
For purposes of the above calculation, “Combined Assets” means the sum of the average daily net
assets of the Xxxxxxxx Portfolio of the Pacific Select Fund and the average daily net assets of the
XX Xxxxxxxx Fund of the Pacific Life Funds.
Fees for services shall be prorated for any portion of a year in which the Agreement is not
effective.