EXHIBIT (h)(7)
[FORM OF ADDENDUM TO AGENCY AGREEMENT]
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The Agency Agreement, made the 1st day of July, 1990 and subsequently
amended on January 4, 1994, August 15, 1994, November 20, 1995, and December 18,
1998, by and between PACIFIC SELECT FUND ("Fund"), a Massachusetts business
trust having its principal place of business at 000 Xxxxxxx Xxxxxx Xxxxx,
Xxxxxxx Xxxxx, XX 00000, and PACIFIC LIFE INSURANCE COMPANY ("Pacific Life"), a
California Corporation, having its principal place of business at 000 Xxxxxxx
Xxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxxxxxx 00000 (the "Agreement") is hereby
amended by the addition of the provisions set forth in this Addendum to the
Agreement ("Addendum"), which is made this ___ day of _______________, 1998.
WITNESSETH:
WHEREAS, pursuant to the Agreement, the Fund has appointed Pacific Life as
Transfer Agent and Dividend Disbursing Agent and Pacific Life has accepted such
appointment; and
WHEREAS, the Fund currently consists of eighteen separate series designated
as the Money Market Portfolio, Managed Bond Portfolio, High Yield Bond
Portfolio, Government Securities Portfolio, Growth Portfolio, Equity Income
Portfolio, Multi-Strategy Portfolio, International Portfolio, Equity Index
Portfolio, Growth LT Portfolio, Equity Portfolio, Bond and Income Portfolio,
Aggressive Equity Portfolio, Emerging Markets Portfolio, Large-Cap Value
Portfolio, Mid-Cap Value Portfolio, REIT Portfolio, and Small-Cap Index
Portfolio (each referred to as a "Series" in the Agreement, and hereinafter
referred to as a "Portfolio"); and
WHEREAS, the Fund intends to establish two additional Portfolios to be
designated as the Diversified Research Portfolio and International Large-Cap
Portfolio; and
WHEREAS, the Fund desires to appoint Pacific Life as Transfer Agent and
Dividend Disbursing Agent for the Diversified Research Portfolio and
International Large-Cap Portfolio on the terms set forth in the Agreement and in
this Addendum to the Agreement;
WHEREAS, Pacific Life is willing to accept such appointment;
NOW THEREFORE, in consideration of the mutual premises and covenants
contained in this Addendum, it is agreed between the parties hereto as follows:
1. In addition to its responsibilities as specified in the Agreement, the
Fund hereby employs and appoints Pacific Life as Transfer Agent and
Dividend Disbursing Agent with respect to the Diversified Research
Portfolio and International Large-Cap Portfolio which, in addition to
all other Portfolios previously established by the Fund, shall be
deemed one of the Portfolios under the Agreement as provided for in
the Agreement, subject to the terms and conditions as specified in the
Agreement and this Addendum, including the compensation provisions in
Section six (6) ("Compensation and Expenses") of the Agreement and in
the Compensation Schedule ("Exhibit C") attached thereto.
IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be
executed by their officers designated below on the date written above.
PACIFIC SELECT FUND
Attest: By:
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Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Title: Chairman of the Board and
Trustee
PACIFIC LIFE INSURANCE COMPANY
Attest: By:
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Name: Xxxxxx X. Milfs Name: Xxxxxx X. Xxxxxx
Title: Secretary Title: Chairman & CEO
Attest: By:
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Name: Xxxxxx X. Milfs Name: Xxxxx X. Xxxxxxx
Title: Secretary Title: President
