FIRST AMENDMENT TO PARTICIPATION AGREEMENT BY AND AMONG DFA INVESTMENT DIMENSIONS GROUP INC., DIMENSIONAL FUND ADVISORS LP, DFA SECURITIES LLC PACIFIC LIFE INSURANCE COMPANY AND PACIFIC LIFE & ANNUITY COMPANY
FIRST AMENDMENT TO PARTICIPATION AGREEMENT
BY AND AMONG
DFA INVESTMENT DIMENSIONS GROUP INC.,
DIMENSIONAL FUND ADVISORS LP,
DFA SECURITIES LLC
PACIFIC LIFE INSURANCE COMPANY
AND
PACIFIC LIFE & ANNUITY COMPANY
THIS AMENDMENT, made and entered into this 17th day of August, 2020, by and among Pacific Life Insurance Company and Pacific Life & Annuity Company (hereinafter collectively referred to as the “Company”), on its own behalf and on behalf of segregated asset accounts of the Company that may be established from time to time (individually, an “Account” and collectively, the “Accounts”); DFA Investment Dimensions Group Inc. (the “Fund”); the Fund’s investment adviser, Dimensional Fund Advisors LP (the “Adviser”); and DFA Securities LLC (formerly, DFA Securities, Inc., “DFAS”) (individually, a “Party” and collectively, the “Parties”).
WHEREAS, the Parties are parties to that certain Participation Agreement, dated as of May 14, 2014 (as amended, the “Agreement”); and
WHEREAS, Company desires to replace Schedule 1.1 of the Agreement in its entirety and replace it with an updated list of portfolios under Schedule 1.1 of the Agreement and amend the Agreement as set forth below; and
WHEREAS, the Parties have agreed with Company’s request to amend the Agreement and restate Schedule 1.1 of the Agreement and make such other amendments accordingly;
NOW, THEREFORE, in consideration of the foregoing and the mutual agreements herein contained and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties hereby agree as follows:
1. Schedule 1.1. Schedule 1.1 of the Agreement shall hereby be amended and restated in its entirety as set forth in “Schedule 1.1” of this Amendment.
2. Effectiveness. The actions set forth in this Amendment shall be effective as of the date first set forth above.
3. Full Force and Effect. Except as set forth herein, all provisions of the Agreement shall remain in full force and effect.
4. Further Assurances. Each of the Parties hereto hereby agrees that, at any time and from time to time, upon the request of any other Party, it shall promptly execute and deliver any and all further instruments and documents and take such further action as such other Party may reasonably request to effectuate the purposes of this Amendment.
5. Counterparts. This Amendment may be executed and delivered by each Party hereto in separate counterparts, each of which when so delivered shall be deemed an original and all of which taken together shall constitute but one and the same agreement.
IN WITNESS WHEREOF, each of the Parties hereto has caused this Amendment to be duly executed as of the date first set forth above.
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PACIFIC LIFE INSURANCE COMPANY |
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By: |
/s/ Xxxxxx Xxxxxxxx |
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Name: |
Xxxxxx Xxxxxxxx |
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Title: |
Assistant Vice President |
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PACIFIC LIFE & ANNUITY COMPANY |
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By: |
/s/ Xxxxxx Xxxxxxxx |
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Name: |
Xxxxxx Xxxxxxxx |
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Title: |
Assistant Vice President |
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DFA INVESTMENT DIMENSIONS GROUP INC. |
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By: |
/s/ Xxxx Xxxx |
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Name: |
Xxxx Xxxx |
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Title: |
Vice President |
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Date: |
August 25, 2020 |
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DIMENSIONAL FUND ADVISORS LP |
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By: |
Dimensional Holdings Inc., general partner |
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By: |
/s/ Xxxxxxx O |
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Name: |
Xxxxxxx O |
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Title: |
Vice President |
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Date: |
8-26-20 |
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DFA SECURITIES LLC |
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By: |
Dimensional Fund Advisors LP, sole member |
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By: |
Dimensional Holdings Inc., general partner |
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By: |
/s/ Xxxxxxx X. Xxxxxx |
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Name: |
Xxxxxxx X. Xxxxxx |
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Title: |
Vice President |
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Date: |
8-26-20 |
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Schedule 1.1
DFA Investment Dimensions Group Inc.:
VA U.S. Targeted Value Portfolio
VA U.S. Large Value Portfolio
VA International Value Portfolio
VA International Small Portfolio
VA Short-Term Fixed Portfolio
VA Global Bond Portfolio
VA Equity Allocation Portfolio
DFA VA Global Moderate Allocation Portfolio
