EX-99.(8)(J)(2) 2 d438151dex998j2.htm EXHIBIT (8)(J)(2) EXHIBIT (8)(J)(2)

Amendment No. 2 to

Administrative Services Agreement

Franklin Templeton Services, LLC

Pacific Life & Annuity Company

THIS AMENDMENT is made by and between Franklin Templeton 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 Templeton 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 May 23, 2012.

 

FRANKLIN TEMPLETON SERVICES, LLC   PACIFIC LIFE & ANNUITY COMPANY
By:   /s/ Dennis R. Rothe   By:   /s/ Jose T. Miscolta
Name:   Dennis R. Rothe   Name:   Jose T. Miscolta
Title:   Vice President   Title:   Assistant Vice President
    Attest:   Jane M. Guon
    Name:   Jane M. Guon
    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. Only one fee rate is in effect for each Contract; for each Contract higher fee rates supersede and replace lower fee rates, which are shown for reference only.

 

#

  

Company Name

  

Product Name/

Securities Act No.

  

Funds of the Trust

   Fee
Rate
   Date of
beginning of
period for
computation
of fee
1.
   Pacific Life & Annuity Company   

Pacific Innovations Select

333-71081

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
2.    Pacific Life & Annuity Company   

Pacific Odyssey

333-100907

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
3.    Pacific Life & Annuity Company   

Pacific Portfolios

333-122914

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
4.    Pacific Life & Annuity Company   

Pacific Portfolios for Chase

333-122914

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
5.    Pacific Life & Annuity Company   

Pacific Value

333-107571

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
6.    Pacific Life & Annuity Company   

Pacific Voyages

333-136598

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
7.    Pacific Life & Annuity Company   

Pacific Explorer

333-141136

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     

 

2


#

  

Company Name

  

Product Name/

Securities Act No.

  

Funds of the Trust

   Fee
Rate
   Date of
beginning of
period for
computation
of fee
8.    Pacific Life & Annuity Company   

Pacific Journey

333-145824

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
9.    Pacific Life & Annuity Company   

Pacific Value Edge

333-148891

  

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
10.    Pacific Life & Annuity Company   

Pacific One Select

333-160773

   Franklin Templeton VIP Founding Funds Allocation Fund – Class 4      
        

Franklin Templeton VIP Founding Funds Allocation Fund – Class 4

 

Franklin Templeton VIP Founding Funds Allocation Fund – Class 2

     
11.    Pacific Life & Annuity Company   

Pacific Destinations

333-160131

   Franklin Templeton VIP Founding Funds Allocation Fund – Class 4      
        

Class 2 Shares:

Franklin Templeton VIP Founding Funds Allocation Fund

Mutual Global Discovery Securities Fund

Templeton Global Bond Securities Fund

 

Class 4 Shares:

Franklin Templeton VIP Founding Funds Allocation Fund

     
12.    Pacific Life & Annuity Company   

Pacific Select Exec II - NY

333-80825

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     
13.    Pacific Life & Annuity Company   

Pacific Select Exec III - NY

333-106721

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     
14.    Pacific Life & Annuity Company   

Pacific Select Exec IV - NY

333-138906

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     
15.    Pacific Life & Annuity Company   

Pacific Select Exec V - NY

333-153085

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     

 

3


#

  

Company Name

  

Product Name/

Securities Act No.

  

Funds of the Trust

   Fee
Rate
   Date of
beginning of
period for
computation
of fee
16.    Pacific Life & Annuity Company   

Pacific Select Estate Preserver - NY

333-62446

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     
17.    Pacific Life & Annuity Company   

Magnastar – NY

(Not Registered)

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     
18.    Pacific Life & Annuity Company   

Magnastar – Survivorship NY

(Not Registered)

  

Templeton Global Bond Securities Fund – Class 2

Templeton Foreign Securities Fund – Class 2

     

 

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