AMENDMENT NO. 16 TO TRANSFER AGENCY SERVICES AGREEMENT
Exhibit (h)(1)(u)
This Amendment No. 16 to Transfer Agency Services Agreement, dated July 31, 2013 (“Amendment No.
16”), is being entered into by and between BNY Mellon Investment Servicing (US) Inc. (“BNYM”),
Pacific Life Insurance Company (“Pacific Life”) and Pacific Life Funds (“Fund”).
Background
| A. | BNYM, under a former name, PFPC Inc., Pacific Life and the Fund previously entered into a Transfer Agency Services Agreement dated as of August 1, 2001 and various amendments thereto (the Transfer Agency Services Agreement together with such amendments are referred to herein as the “Amended Agreement”). The parties agree to amend the Amended Agreement as set forth in this Amendment No. 16. |
Terms
In consideration of the mutual covenants contained herein and other good and valuable
consideration, receipt of which is hereby acknowledged, the parties intending to be legally bound
agree as set forth above and as follows:
| 1. | Modifications to Amended Agreement. The Amended Agreement is amended as follows: |
| (a) | The Exhibit A shall be deleted and replaced in its entirety with the Exhibit A attached to the Amendment dated July 31, 2013. |
| (b) | The Exhibit F shall be deleted and replaced in its entirety with the Exhibit F attached to the Amendment dated July 31, 2013. |
| 2. Adoption of Amended Agreement by New Portfolios. Each Portfolio that has been added to Exhibit A by virtue of this Amendment No. 16 acknowledges and agrees that (i) by virtue of its execution of this Amendment No. 16, it becomes and is a party to the Original Agreement as amended by this Amendment No. 16 (“Amended Agreement”) as of the date first written above, or if BNYM commenced providing services to the Portfolio prior to the date first written above, as of the date BNYM first provided services to the Portfolio, and (ii) it is bound by all terms and conditions of the Amended Agreement as of such date. The term “Portfolio” has the same meaning in this Amendment No. 16 as it has in the Original Agreement. |
| 3. Remainder of Amended Agreement. Except as explicitly amended by this Amendment No. 16, the terms and provisions of the Amended Agreement are hereby ratified, declared and remain in full force and effect. |
| 4. Governing Law. The governing law of the Amended Agreement shall be the governing law of this Amendment No. 16. |
| 5. Entire Agreement. This Amendment No. 16 constitutes the final, complete, exclusive and fully integrated record of the agreement of the parties with respect to the subject matter herein and the amendment of the Amended Agreement with respect to such subject matter, and supersedes all prior and contemporaneous proposals, agreements, contracts, representations and understandings, whether written, oral or electronic, between the parties with respect to the same subject matter. |
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6. Facsimile Signatures; Counterparts. This Amendment No. 16 may be executed in one more
counterparts; such execution of counterparts may occur by manual signature, facsimile signature,
manual signature transmitted by means of facsimile transmission or manual signature contained in an
imaged document attached to an email transmission; and each such counterpart executed in accordance
with the foregoing shall be deemed an original, with all such counterparts together constituting
one and the same instrument. The exchange of executed copies of this Amendment No. 16 or of
executed signature pages to this Amendment No. 16 by facsimile transmission or as an imaged
document attached to an email transmission shall constitute effective execution and delivery hereof
and may be used for all purposes in lieu of a manually executed copy of this Amendment No. 16.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 16 to be executed by their
duly authorized officers as of the day and year first written above.
BNY Mellon Investment Servicing (US) Inc.
By:
|
/s/ Xxxxx X. Xxxxxx | |||
Name:
|
Xxxxx X. Xxxxxx | |||
Title:
|
Managing Director |
Pacific Life Insurance Company
By:
|
/s/ Xxxxxx X. Xxxxxxxx | By: | /s/ Xxxx X. Xxxx | |||||
Name:
|
Xxxxxx X. Xxxxxxxx | Name: | Xxxx X. Xxxx | |||||
Title:
|
VP, Fund Advisor Operations | Title: | Secretary |
On behalf of Pacific Life Funds, and each separate portfolio, series, class, tier or other
subdivision of Pacific Life Funds listed on Exhibit A to the Agreement.
By:
|
/s/ Xxxxxx X. Xxxxxxxx | By: | /s/ Xxxx X. Xxxx | |||||
Name:
|
Xxxxxx X. Xxxxxxxx | Name: | Xxxx X. Xxxx | |||||
Title:
|
Vice President | Title: | Secretary |
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EXHIBIT A
THIS EXHIBIT A, amended and restated effective as of July 31, 2013, is Exhibit A to that
certain Transfer Agency Services Agreement dated as of August 1, 2001 by and among BNY Mellon
Investment Servicing (US) Inc., Pacific Life Insurance Company and Pacific Life Funds.
PORTFOLIOS
PL Portfolio Optimization Conservative Fund
PL Portfolio Optimization Moderate-Conservative Fund
PL Portfolio Optimization Moderate Fund
PL Portfolio Optimization Moderate-Aggressive Fund
PL Portfolio Optimization Aggressive Fund
PL Money Market Fund
PL International Value Fund
PL Short Duration Bond Fund
PL Growth Fund
(f/k/a PL Growth LT Fund)
PL Mid-Cap Equity Fund
PL Large-Cap Growth Fund
PL International Large-Cap Fund
PL Small-Cap Value Fund
PL Main Street Core Fund
PL Emerging Markets Fund
PL Managed Bond Fund
PL Inflation Managed Fund
PL Large-Cap Value Fund
XX Xxxxxxxx Fund
PL Mid-Cap Growth Fund
PL Small-Cap Growth Fund
0
XX Xxxx Xxxxxx Xxxx
XX Floating Rate Loan Fund
PL Income Fund
PL Floating Rate Income Fund
PL High Income Fund
PL Short Duration Income Fund
PL Strategic Income Fund
PL Emerging Markets Debt Fund
PL Precious Metals Fund
PL Currency Strategies Fund
PL Global Absolute Return Fund
PL Alternative Strategies Fund*
PL Limited Duration High Income Fund
| * Effective as of December 31, 2012 and unavailable to investors until a date determined by Pacific Life Funds. | ||
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EXHIBIT
F
| Name |
Date | ||||
Transfer Agency Services Amendment – Exhibit A
|
12/31/2001 | ||||
Anti-Money Laundering and Privacy Amendment
|
7/24/2002 | ||||
Amendment Number 1 To The Transfer Agency Services Agreement
|
7/31/2002 | ||||
Transfer Agency Services Amendment – Exhibit A
|
12/31/2002 | ||||
Amendment To The Transfer Agency Services Agreement
|
1/1/2003 | ||||
Amendment To The Transfer Agency Services Agreement
|
10/1/2003 | ||||
Customer Identification Services Agreement
|
10/1/2003 | ||||
Amendment To Transfer Agency Services Agreement
|
1/1/2007 | ||||
Transfer Agency Services Amendment – Exhibit A
|
7/1/2007 | ||||
Revised Exhibit A to the Transfer Agency Services Agreement
|
7/1/2008 | ||||
Red Flag Services Amendment
|
5/1/2009 | ||||
Amendment No. 12 to Transfer Agency Services Agreement
|
12/31/2009 | ||||
Amendment No. 13 to Transfer Agency Services Agreement
|
12/6/2010 | ||||
Amended and Restated Exhibit A to the Transfer Agency Services Agreement
|
6/30/2011 | ||||
Amended and Restated Exhibit A to the Transfer Agency Services Agreement
|
7/1/2012 | ||||
Amendment No. 14 to the Transfer Agency Services Agreement
|
12/7/2012 | ||||
Amendment No. 15 to the Transfer Agency Services Agreement
|
04/01/2013 | ||||
Amendment No. 16 to the Transfer Agency Services Agreement
|
7/31/2013 | ||||
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