Amendment No. 5 to Administrative Services Agreement Franklin Templeton Services, LLC Pacific Life & Annuity Company
Amendment No. 5 to Administrative
Services Agreement
Franklin Xxxxxxxxx Services, LLC
Pacific Life & Annuity Company
THIS AMENDMENT is made by and between Franklin Xxxxxxxxx Services, LLC (the “Fund Administrator”) and Pacific Life & Annuity Company (the “Company”).
WHEREAS, the Company and the Fund Administrator have entered into an Administrative Services Agreement, dated as of March 17, 2008, as may be amended from time to time (the “Agreement”), concerning certain administrative services with respect to each series (“Fund” or “Funds”) of Franklin Xxxxxxxxx Variable Insurance Products Trust (the “Trust”) listed on the Schedule B of the Agreement;
WHEREAS, the Company and the Fund Administrator wish to amend the Agreement for the purpose of adding certain new Funds and variable life or variable annuity insurance contracts covered by the Agreement.
NOW, THEREFORE, in consideration of past and prospective business relations, the Fund Administrator and the Company hereby amend the Agreement as follows:
1. Schedule B of the Agreement is hereby deleted in its entirety and replaced with the Schedule B attached hereto.
2. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
This Amendment is executed as of August 18, 2020.
|
FRANKLIN XXXXXXXXX SERVICES, LLC |
PACIFIC LIFE & ANNUITY COMPANY | ||||||
|
|
|
|
| ||||
|
|
|
|
| ||||
|
By: |
|
/s/ Xxxxx Xxxxxxxxx |
|
By: |
|
/s/ Xxxxxx Xxxxxxxx |
|
|
Name: |
Xxxxx X. Xxxxxxxxx |
|
Name: Xxxxxx Xxxxxxxx | ||||
|
Title: |
Vice President |
|
Title: Assistant Vice President | ||||
Pacific Annuity Amd #5 to ASA 2020-08-17
Schedule B
Administrative Expense Payment
The Fund Administrator agrees to pay the Company a fee, computed daily and paid quarterly in arrears, equal to an annual rate as set forth below, applied to the average daily net assets of the shares of the Funds held in the subaccounts of the Accounts. The payment will be computed and paid in the manner described more completely in the Agreement.
|
# |
Separate Account/ Registration No. |
Funds of the Trust |
Fee |
Date of |
|
1. |
Pacific Select Exec Separate Account of Pacific Life & Annuity Company (811-09389)
Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
Xxxxxxxxx Global Bond VIP Fund - Class 2 |
0.20% |
May 1, 2010 |
|
Xxxxxxxxx Foreign VIP Fund - Class 2 |
0.20% |
May 1, 2010 | ||
|
2. |
Separate Account A of Pacific Life & Annuity Company (811-09203)
Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
Franklin Founding Funds Allocation VIP Fund- Class 4 |
0.20% |
May 1, 2010 |
|
Franklin Mutual Global Discovery VIP Fund - Class 2 Xxxxxxxxx Global Bond VIP Fund - Class 2 Franklin Rising Dividends VIP Fund - Class 2 Franklin Founding Funds Allocation VI Fund- Class 2 |
0.20% |
May 1, 2010 | ||
|
Franklin Rising Dividends VIP Fund- Class 2 |
0.20% |
January 1, 2013 | ||
|
Franklin Income Fund- Class 2 |
0.20% |
May 1, 2015 | ||
|
Franklin Income VIP Fund - Class 1 Franklin Mutual Shares VIP Fund – Class 1 Franklin Rising Dividends VIP Fund – Class 1 Franklin Small Cap Value VIP Fund – Class 1 Franklin Small-Mid Cap Growth VIP Fund – Class 1 Franklin Strategic Income VIP Fund – Class 1 Xxxxxxxxx Foreign VIP Fund – Class 1 |
0.20% |
July 31, 2020 |
Pacific Annuity Amd #5 to ASA 2020-08-17
|
|
|
Xxxxxxxxx Global Bond VIP Fund – Class 1 |
|
|
|
3. |
Separate Account I of Pacific Life & Annuity Company (Unregistered)
Includes all Contracts funded by the separate account that utilize the Funds of the Trust. |
Xxxxxxxxx Global Bond VIP Fund - Class 2 |
0.20% |
May 1, 2010 |
|
Xxxxxxxxx Foreign VIP Fund- Class 2 |
0.20% |
May 1, 2012 |
Pacific Annuity Amd #5 to ASA 2020-08-17
