EXHIBIT (h)(17)
FORM OF
AMENDMENT TO EXPENSE LIMITATION AGREEMENT
The Expense Limitation Agreement ("Agreement"), made the 1st day of March
2000 and subsequently amended on July 1, 2000 and January 2, 2001 by and between
PACIFIC LIFE INSURANCE COMPANY ("Adviser") and PACIFIC SELECT FUND (the "Fund"),
on behalf of each of the Fund's separate portfolios (each a "Portfolio,"
collectively, the "Portfolios") is hereby amended by the addition of the
provisions set forth in this Amendment to the Agreement ("Amendment"), which is
made this ______ day of _____________ 2001.
1. Section E(i) of Paragraph I is amended as follows:
Effective ____________, 2002, fees waived or expenses paid or assumed by
Pacific Life under the Agreement and this Amendment are subject to
repayment by the respective Portfolio to the Adviser to the extent that the
Portfolio's Operating Expenses fall below the expense cap set forth in
Amended Schedule A.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
duly executed as of the day and year first above written.
PACIFIC SELECT FUND
ATTEST: __________________________ BY: _____________________________________
Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Title: Chairman of the Board &
Trustee
PACIFIC LIFE INSURANCE COMPANY
ATTEST: __________________________ BY: _____________________________________
Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Title: Chairman of the Board & Chief
Executive Officer
ATTEST: __________________________ BY: _____________________________________
Name: Xxxxxx X. Milfs Name: Xxxxx X. Xxxxxxx
Title: Secretary Title: President
SCHEDULE A
OPERATING EXPENSE LIMITS
Maximum Operating Expense Limit
(as a Percentage of average net assets)
---------------------------------------
Blue Chip Portfolio 0.10%
Aggressive Growth Portfolio 0.10%
Aggressive Equity Portfolio 0.10%
Emerging Markets Portfolio 0.10%
Diversified Research Portfolio 0.10%
Small-Cap Equity Portfolio 0.10%
International Large-Cap Portfolio 0.10%
Equity Portfolio 0.10%
I-Net Tollkeeper Portfolio 0.10%
Financial Services Portfolio 0.10%
Health Sciences Portfolio 0.10%
Technology Portfolio 0.10%
Telecommunications Portfolio 0.10%
Multi-Strategy Portfolio 0.10%
Large-Cap Core Portfolio 0.10%
Growth LT Portfolio 0.10%
Strategic Value Portfolio 0.10%
Focused 30 Portfolio 0.10%
Mid-Cap Value Portfolio 0.10%
International Value Portfolio 0.10%
Capital Opportunities Portfolio 0.10%
Mid-Cap Growth Portfolio 0.10%
Global Growth Portfolio 0.10%
Equity Index Portfolio 0.10%
Small-Cap Index Portfolio 0.10%
REIT Portfolio 0.10%
Inflation Managed Portfolio 0.10%
Managed Bond Portfolio 0.10%
Money Market Portfolio 0.10%
High Yield Bond Portfolio 0.10%
Equity Income Portfolio 0.10%
Research Portfolio 0.10%
Large-Cap Value Portfolio 0.10%
