NICHOLAS-APPLEGATE INSTITUTIONAL FUNDS

Exhibit 99.(h)(53)

XXXXXXXX-XXXXXXXXX INSTITUTIONAL FUNDS

000 XXXX XXXXXXXX, 00^XX FLOOR

SAN DIEGO, CALIFORNIA 92101

March      , 2008

Xxxxxxxx-Xxxxxxxxx Capital Management, LLC

000 Xxxx Xxxxxxxx, 00^xx Xxxxx

San Diego, California 92101

RE:  Amendment to Administration Agreement

Ladies and Gentlemen:

This will confirm our agreement that Schedule A to the Administration Agreement between us dated January 23, 2006 is hereby amended.  The full list of Funds covered by the Agreement and the annual administration fee with respect to each such Fund shall be as set forth on Exhibit A hereto.

In all other respects, the Administration Agreement will remain in full force and effect.  Please sign this letter below to confirm your agreement with this amendment.

Sincerely,

Xxxxxxx X. Xxxxxx

Treasurer

AGREED:

Xxxxxxxx-Xxxxxxxxx Capital Management, LLC

By:

Xxxxxxx X. Xxxxx, Xx.

General Counsel

SCHEDULE A

ADMINISTRATION AGREEMENT

XXXXXXXX-XXXXXXXXX INSTITUTIONAL FUNDS

MARCH    , 2008

		Class I (%) - Fee Rates
		Core		Other
Fund		Expenses		Expenses		Total
US Micro Cap Growth		0.18	%	0.36	%	0.54	%
US Emerging Growth		0.16	%	0.25	%	0.41	%
US Small Cap Value		0.17	%	0.35	%	0.52	%
US Systematic Large Cap Growth		0.17	%	0.47	%	0.64	%
US Convertible		0.09	%	0.35	%	0.44	%
Global Select		0.12	%	0.35	%	0.47	%
International Growth		0.47	%	0.39	%	0.86	%
International Growth Opportunities		0.27	%	0.42	%	0.69	%
International All Cap		0.17	%	0.10	%	0.27	%
Emerging Markets		0.17	%	0.25	%	0.42	%
International Systematic		0.18	%	0.30	%	0.48	%
US High Yield Bond		0.07	%	0.13	%	0.20	%
US Ultra Micro Cap		0.18	%	0.55	%	0.73	%
Global Equity 130/30			%		%		%

		Class II (%) - Fee Rates
		Core		Other
Fund		Expenses		Expenses		Total
US Micro Cap Growth		0.00	%	0.29	%	0.29	%
US Emerging Growth		0.01	%	0.25	%	0.26	%
US Small Cap Value		0.07	%	0.35	%	0.42	%
US Systematic Large Cap Growth		0.02	%	0.47	%	0.49	%
US Convertible		0.04	%	0.30	%	0.34	%
Global Select		0.07	%	0.35	%	0.42	%
International Growth		0.07	%	0.39	%	0.46	%
International Growth Opportunities		0.12	%	0.42	%	0.54	%
International All Cap		0.02	%	0.10	%	0.12	%
Emerging Markets		0.07	%	0.25	%	0.32	%
International Systematic		0.03	%	0.30	%	0.33	%
US High Yield Bond		0.02	%	0.13	%	0.15	%
Global Equity 130/30			%		%		%

		Class III (%) - Fee Rates
		Core		Other
Fund		Expenses		Expenses		Total
US Micro Cap Growth		0.03	%	0.36	%	0.39	%
International Growth Opportunities		0.07	%	0.42	%	0.49	%
US Convertible Fund		0.02	%	0.25	%	0.27	%
International Systematic		0.02	%	0.23	%	0.25	%

		Class IV (%) - Fee Rates
		Core		Other
Fund		Expenses		Expenses		Total
International Growth Opportunities		0.02	%	0.42	%	0.44	%
US Convertible Fund		0.00	%	0.19	%	0.19	%

		Class R (%) - Fee Rates
		Core		Other
Fund		Expenses		Expenses		12b-1		Total
US Emerging Growth		0.16	%	0.25	%	0.25	%	0.66	%
US Small Cap Value		0.17	%	0.35	%	0.25	%	0.77	%
US Systematic Large Cap Growth		0.17	%	0.47	%	0.25	%	0.89	%
Global Select		0.12	%	0.35	%	0.25	%	0.72	%
International Growth		0.47	%	0.39	%	0.25	%	1.11	%
International All Cap		0.17	%	0.10	%	0.25	%	0.52	%
Emerging Markets		0.17	%	0.25	%	0.25	%	0.42	%
International Systematic		0.18	%	0.30	%	0.25	%	0.73	%
US High Yield Bond		0.07	%	0.13	%	0.25	%	0.45	%