Amendment No. 3 to Administrative Services Agreement Franklin Templeton Services, LLC Pacific Life & Annuity Company
Amendment No. 3 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 November 7, 2012.
FRANKLIN XXXXXXXXX SERVICES, LLC | PACIFIC LIFE & ANNUITY COMPANY | |||||
By: | /s/ Xxxxxx X. Xxxxx | By: | /s/ Xxxxxxx X. Xxxxxxx | |||
Name: | Xxxxxx X. Xxxxx | Name: | Xxxxxxx X. Xxxxxxx | |||
Title: | Vice President | Title: | Assistant Vice President | |||
Attest: | /s/ Xxxx X. Xxxx | |||||
Name: | Xxxx X. Xxxx | |||||
Title: | Corporate Secretary |
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 beginning of period for computation of fee | |||
Pacific Select Exec Separate Account of Pacific Life & Annuity Company (811-09389) |
Xxxxxxxxx Global Bond Securities Fund – Class 2 | |||||
Includes all Contracts funded by the separate account that utilize the Funds of the Trust. | Xxxxxxxxx Foreign Securities Fund – Class 2 | |||||
Separate Account A of Pacific Life & Annuity Company (811-09203) |
Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund – Class 4 | |||||
Includes all Contracts funded by the separate account that utilize the Funds of the Trust. | Mutual Global Discovery Securities Fund – Class 2 Xxxxxxxxx Global Bond Securities Fund - Class 2 Franklin Rising Dividends Securities Fund - Class 2 Franklin Xxxxxxxxx VIP Founding Funds Allocation Fund – Class 2 |
|||||
Franklin Rising Dividends Securities Fund - Class 2 | ||||||
Separate Account I of Pacific Life & Annuity Company (Unregistered) |
Xxxxxxxxx Global Bond Securities Fund – Class 2 | |||||
Includes all Contracts funded by the separate account that utilize the Funds of the Trust. | Xxxxxxxxx Foreign Securities Fund – Class 2 |
2