0001193125-10-222241 Sample Contracts

NOVATION OF SUB-ADVISORY AGREEMENT ALLIANZ FUNDS MULTI-STRATEGY TRUST
Sub-Advisory Agreement • October 1st, 2010 • Allianz Funds Multi-Strategy Trust

This Novation of Sub-Advisory Agreement is entered into this 25th day of August, 2010 by and among Allianz Global Investors Fund Management LLC, a Delaware limited liability company (the “Adviser”), Allianz Global Investors Capital LLC, a Delaware limited liability company (“AGIC”), Nicholas-Applegate Capital Management LLC, a Delaware limited liability company (“NACM”) and Allianz Funds Multi-Strategy Trust, a Massachusetts business trust (the “Fund”) on behalf of its series set out in Schedule A (each a “Series”).

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