0001193125-14-457163 Sample Contracts

ADVISORY FEE WAIVER AGREEMENT PF INFLATION MANAGED FUND OF PACIFIC LIFE FUNDS
Fee Waiver Agreement • December 30th, 2014 • Pacific Life Funds • California

This ADVISORY FEE WAIVER AGREEMENT, by and between Pacific Life Fund Advisors LLC (the “Adviser”) and Pacific Life Funds (the “Trust”), on behalf of the PF Inflation Managed Fund, a series portfolio of the Trust (the “Fund”), is effective upon the addition of Western Asset Management Company as co-manager of the Fund (on or about January 15, 2015).

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