AGREEMENT REGARDING CONTINUATION OF SUB-ADVISORY AGREEMENTS
Exhibit (d)(7)(f)
AGREEMENT REGARDING CONTINUATION OF
SUB-ADVISORY AGREEMENTS
Reference is made to the Fund Management Agreement among Lazard Asset Management LLC (“XXX LLC”), Pacific Life Insurance Company (“Investment Adviser”), and Pacific Funds (the “Fund”), dated September 25, 2001, and any amendments thereto, (together the “Agreement”).
By the signatures below, on behalf of Investment Adviser, the Fund, and XXX LLC, (together the “Parties”), the Parties hereby agree as follows:
1. | Notwithstanding any assignment and termination of the existing Agreement that will result from a public offering of shares of Lazard Ltd described in the letter from XXX LLC dated February 9, 2005, all the terms and conditions set forth in the Agreement will continue in full force and effect; | |||
2. | The Board of Trustees of the Fund, at a meeting held on April 4, 2005, has duly authorized the continuation of such Agreement; and | |||
3. | The undersigned have the authority to enter into this agreement. |
Agreed to and accepted this 4th day of May, 2005.
PACIFIC LIFE INSURANCE COMPANY
By: /s/ Xxxxx X. Xxxxxxx
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By: /s/ Xxxx X. Xxxx | |
Name: Xxxxx X. Xxxxxxx
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Name: Xxxx X. Xxxx | |
Title: President
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Title: Assistant Secretary |
LAZARD ASSET MANAGEMENT LLC
By: /s/ Xxxxxxx X. Xxxxxxx
Name: Xxxxxxx X. Xxxxxxx
Title: Deputy Chairman
By: /s/ Xxxxx X. Xxxxxxx
Name: Xxxxx X. Xxxxxxx
Title: President