EXHIBIT 99.(e)(2)
SUPPLEMENT TO AMENDED AND RESTATED DISTRIBUTION CONTRACT
PIMCO Funds: Pacific Investment Management Series
000 Xxxxxxx Xxxxxx Xxxxx
Xxxxxxx Xxxxx, Xxxxxxxxxx 00000
___________, 1999
PIMCO Funds Distributors LLC
0000 Xxxxxxxx Xxxxxx
Xxxxxxxx, XX 00000
RE: Low Duration Municipal Fund
California Intermediate Municipal Fund
New York Intermediate Municipal Fund
Dear Sirs:
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. A separate class of shares of beneficial interest in the Trust is
offered to investors with respect to each investment portfolio. The PIMCO Low
Duration, California Intermediate, and New York Intermediate Municipal Funds
(the "Funds") is a separate investment Portfolio of the Trust.
2. The Trust and the Distributor have entered into an Amended and Restated
Distribution Contract (the "Contract") dated May 25, 1999, pursuant to which the
Distributor has agreed to be the distributor of shares of the Trust.
3. As provided in paragraph 1 of the Contract, the Distributor hereby
adopts the Contract with respect to the Funds and the Distributor hereby
acknowledges that the Contract shall pertain to the Funds, the terms and
conditions of such Contract being hereby incorporated herein by reference.
4. This Supplement and the Contract shall become effective with respect to
each Fund on _______________, 1999 and shall continue in effect until such time
as there shall remain no unsold balance of shares registered under the 1933 Act,
provided that this Contract shall continue in effect for a period of more than
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two years from the effective date of this Supplement only so long as such
continuance is specifically approved at least annually by (a) the Trust's Board
of Trustees or by the vote of a majority of the Trust's outstanding voting
securities (as defined in the Investment Company Act of (the "1940 Act") and (b)
by the vote, cast in person at a meeting called for the purpose, of a majority
of the Trust's Trustees who are not parties to this Contract or "interested
persons" (as defined in the 1940 Act) of any such party. This Contract shall
terminate automatically in the event of its assignment (as defined in the 1940
Act). This Contract may, in any event, be terminated at any time without the
payment of any penalty, by the Trust upon 60 days' written notice to the
Distributor and by the Distributor upon 60 days' written notice to the Trust.
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: Pacific Investment Management Series
By: ____________________________________________
Title:
Accepted:
PIMCO Funds Distributors LLC
By: _______________________
Title:
