ADDENDUM TO THE
ADMINISTRATION AGREEMENT
This Addendum to the Administration Agreement dated __________, as amended
and/or supplemented from time-to-time (the "Agreement"), between Pacific
Investment Management Company ("PIMCO") and PIMCO Variable Insurance Trust (the
"Trust") is effective as of April 1, 2000. Capitalized terms not otherwise
defined herein shall have the meanings ascribed to them in the Contract.
WHEREAS, PIMCO and the Trust entered into the Agreement for PIMCO to
provide the Trust with administrative and other services as specified in the
Agreement;
WHEREAS, the Trust, effective April 1, 2000, may offer shares of its
Portfolios in two classes, designated "Institutional Class" shares and
"Administrative Class" shares;
WHEREAS, PIMCO and the Trust have agreed to modify the administrative fee
rates as set forth in the Agreement;
NOW, THEREFORE, in consideration of their mutual promises, PIMCO and the
Trust agree that the administrative fee rates set forth in the schedule to the
Agreement be amended to read as follows:
Portfolio Fee Rate
--------- ----------------------
Money Market 0.20%
Short-Term Bond 0.20%
Low Duration Bond 0.25%
Real Return Bond 0.25%
Total Return Bond 0.25%
Total Return Bond II 0.25%
High Yield Bond 0.35%
Long-Term U.S. Government Bond 0.25%
Global Bond 0.50%
Foreign Bond 0.50%
Emerging Markets Bond 0.40%
Strategic Balanced 0.20%
StocksPLUS Growth & Income 0.10%
This Addendum may be executed simultaneously in two or more counterparts,
each of which taken together shall constitute one and the same instrument.
PACIFIC INVESTMENT MANAGEMENT COMPANY
____________________________________________
By:
Title:
Date:
PIMCO Variable Insurance Trust
____________________________________________
By:
Title:
Date:
