Exhibit (d)(30)
AMENDMENT TO THE PORTFOLIO MANAGEMENT AGREEMENT
The Portfolio Management Agreement ("Agreement") made the 1st day of
May 1998, and subsequently amended on January 28, 2000 and December 21, 2001
between Pacific Life Insurance Company ("Pacific Life"), a life insurance
company domiciled in California, Xxxxxxx Xxxxx Asset Management, a separate
operating division of Xxxxxxx Sachs & Co. ("Xxxxxxx Xxxxx", "Portfolio
Manager"), a partnership organized and existing under the laws of the State of
New York, and Pacific Select Fund (the "Fund"), a Massachusetts Business Trust,
is hereby amended as set forth in this Amendment to the Portfolio Management
Agreement, which is dated as of September 17, 2002.
WHEREAS, the Fund is registered with the Securities and Exchange
Commission as an open-end management investment company; and
WHEREAS, the Fund offers shares in several Portfolios, one of which is
designated the I-Net Tollkeeper Portfolio; and
WHEREAS, pursuant to the Agreement, Pacific Life and the Fund have
appointed Xxxxxxx Sachs as Portfolio Manager to the I-Net Tollkeeper Portfolio
and Xxxxxxx Xxxxx has accepted such appointment; and
WHEREAS, Pacific Life, Xxxxxxx Sachs and the Fund desire to amend the
Agreement in accordance with the provisions set forth in this Amendment;
NOW THEREFORE, in consideration of the mutual premises and covenants
contained in this Amendment, the parties agree to amend the Agreement by
replacing the Fee Schedule with the following:
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PACIFIC SELECT FUND
FEE SCHEDULE
XXXXXXX XXXXX ASSET MANAGEMENT
Portfolio: I-Net Tollkeeper Portfolio
The Adviser will pay to the Portfolio Manager a monthly fee based on
the average daily net assets of the I-Net Tollkeeper Portfolio at an annual rate
equal to 0.70%.
These fees for services shall be prorated for any portion of a year in
which the Agreement is not effective.
This Amendment shall take effect on November 1, 2002.
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed as of the date first indicated above.
PACIFIC LIFE INSURANCE COMPANY
By: /s/ Xxxxxx X. Xxxxxx By: /s/ Xxxxxx X. Milfs
-------------------------------- ----------------------------------
Name: Xxxxxx X. Xxxxxx Name: Xxxxxx X. Milfs
Title: Chairman of the Board & Title: Secretary
Chief Executive Officer
XXXXXXX SACHS ASSET MANAGEMENT
Attest: /s/ Xxxxx X. Xxxxxxx By: /s/ Xxxxx XxXxxxxx
------------------------------------ ----------------------------------
Name: Xxxxx X. Xxxxxxx Name: Xxxxx XxXxxxxx
Title: Vice President Title: Managing Director
PACIFIC SELECT FUND
Attest: /s/ Xxxxxx X. Milfs By: /s/ Xxxxxx X. Xxxxxx
------------------------------------ ----------------------------------
Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Title: Chairman of the Board & Trustee
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