As filed with the Securities and Exchange Commission on December 28, 2018.
Registration Nos. 811-08946
333-53040
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM N-4
REGISTRATION STATEMENT | x | |
Pre-Effective Amendment No. | o | |
Post-Effective Amendment No. 55 | x | |
and/or
REGISTRATION STATEMENT | x |
Amendment No. 614 (Check appropriate box or boxes) | x | |
SEPARATE ACCOUNT A
(Exact Name of Registrant)
PACIFIC LIFE INSURANCE
COMPANY
(Name
of Depositor)
700
Newport Center Drive
Newport
Beach, California 92660
(Address of Depositors Principal Executive Offices) (Zip Code)
(949) 219-3943
(Depositorys
Telephone Number, including Area Code)
Brandon J. Cage
Assistant Vice President
Pacific Life Insurance Company
700 Newport Center Drive
Newport Beach, California 92660
(Name and Address
of Agent for Service)
Approximate Date of Proposed Public Offering:
It is proposed that this filing will become effective (check appropriate box)
o immediately upon filing pursuant to paragraph
(b) of Rule 485
x on December
28, 2018 pursuant to paragraph (b) of Rule 485
o
60 days after filing pursuant to paragraph (a)(1) of Rule 485
o on ________ pursuant to paragraph (a)(1) of Rule 485
If appropriate, check the following box:
o This post-effective amendment designates a new effective date for a previously filed post-effective amendment.
Title of Securities Being Registered: Interests in the Separate Account under Pacific Odyssey individual flexible premium deferred variable annuity contracts.
Filing Fee: None
Supplement dated December 28, 2018 to your variable annuity Prospectus dated May 1, 2018 for
the variable annuity contracts issued by Pacific Life Insurance Company
Capitalized terms used in this supplement are defined in your Prospectus unless otherwise defined herein. "We," "us," or "our" refer to Pacific Life Insurance Company; "you" or "your" refer to the Contract Owner.
This supplement must be preceded or accompanied by the applicable Prospectus for your Contract, as supplemented.
Effective February 19, 2019, the Enhanced Income Percentages for the Enhanced Income Select (Single) and (Joint) Riders will change. Prior to purchase, speak with your Financial Advisor or contact us directly at (800) 722-4448 for the Enhanced Income Select (Single) or (Joint) annual charge percentage that will be in effect February 19, 2019. If you purchased the Enhanced Income Select (Single) or (Joint) Rider and your Rider Effective Date is before February 19, 2019, your Enhanced Income Percentages will not change.
The Enhanced Income Percentages starting February 19, 2019, are as follows:
Enhanced Income Select (Single)
Age* | Enhanced Income Percentage when Contract Value is greater than zero | Guaranteed Lifetime Income Percentage when Contract Value equals zero |
Before 59½ | 0% | 0% |
59½ to 64 | 5.60% | 3.00% |
65 to 69 | 7.60% | |
70 to 74 | 8.00% | |
75 to 79 | 8.00% | |
80 and older | 8.00% |
* The Enhanced Income Percentage is determined by the age of the Designated Life at the time of the first withdrawal on or after age 59½ or the first withdrawal after an Automatic or Owner-Elected Reset occurred.
Enhanced Income Select (Joint)
Age* | Enhanced Income Percentage when Contract Value is greater than zero | Guaranteed Lifetime Income Percentage when Contract Value equals zero |
Before 59½ | 0.00% | 0% |
59½ to 64 | 5.10% | 3.00% |
65 to 69 | 7.10% | |
70 to 74 | 7.50% | |
75 to 79 | 7.50% | |
80 and older | 7.50% |
* The Enhanced Income Percentage is determined by the age of the youngest Designated Life at the time of the first withdrawal on or after age 59½ or the first withdrawal after an Automatic or Owner-Elected Reset occurred.
Starting February 19, 2019, any withdrawal benefit rider exchange into the Enhanced Income Select (Single) or (Joint) Rider will have the new Enhanced Income Percentages referenced above. Existing owners of the Enhanced Income Select (Single) or (Joint) Rider may also exchange into the Enhanced Income Select (Single) or (Joint) Rider with the new Enhanced Income Percentages referenced above. If you elect an exchange, you will be subject to the charge and the terms and conditions for the new Rider in effect at the time of the exchange. See the OPTIONAL LIVING BENEFIT RIDERS General Information Withdrawal Benefit Rider Exchanges section in the Prospectus for additional information on rider exchanges. Work with your financial advisor prior to electing an exchange.
Form No. VASUP1218
Prospectus
(Included in Registrants Form N-4, File No. 333-53040 Accession No. 0001104659-18-024167 filed on April 16, 2018, and incorporated by reference herein.)
SAI
(Included in Registrants Form N-4, File No. 333-53040 Accession No. 0001104659-18-024167 filed on April 16, 2018, and incorporated by reference herein.)
Part II
PART C: OTHER INFORMATION
Item 24. Financial Statements and Exhibits
(a) Financial Statements
Part A: None | ||||
Part B: | ||||
(1) Registrants Financial Statements | ||||
Audited Financial Statements dated as of December 31, 2017 and for each of the periods presented which are incorporated by reference from the 2017 Annual Report include the following for Separate Account A: | ||||
Statements of Assets and Liabilities Statements of Operations Statements of Changes in Net Assets Notes to Financial Statements Report of Independent Registered Public Accounting Firm | ||||
(2) Depositors Financial Statements | ||||
Audited Consolidated Financial Statements dated as of December 31, 2017 and 2016, and for each of the three years in the period ended December 31, 2017, included in Part B include the following for Pacific Life: | ||||
Independent Auditors Report Consolidated Statements of Financial Condition Consolidated Statements of Operations Consolidated Statements of Stockholders Equity Consolidated Statements of Cash Flows Notes to Consolidated Financial Statements | ||||
(b) Exhibits
1. | (a) | Resolution of the Board of Directors of the Depositor authorizing establishment of Separate Account A and Memorandum establishing Separate Account A; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-0002612 filed on December 29, 2001 and incorporated by reference herein. | |
(b) | Resolution of the Board of Directors of Pacific Life Insurance Company authorizing conformity to the terms of the current Bylaws; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | ||
2. | Not applicable | ||
3. | (a) | Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company and Pacific Select Distributors, Inc. (PSD); Included in Registrants Form N-4, File No. 333-60833, |
Accession No. 0000950123-11-061492 filed on June 24, 2011, and incorporated by reference herein. | |||
(b) | Form of Selling Agreement between Pacific Life, PSD and Various Broker-Dealers; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-06-000524 filed on April 17, 2006 and incorporated by reference herein. | ||
(c) | Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company and Pacific Select Distributors, LLC (PSD) (Amended and Restated); included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
4. | (a) | (1) | Individual Flexible Premium Deferred Variable Annuity Contract (Form No. 10-13200); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. |
(2) | Individual Flexible Premium Deferred Variable Annuity Contract (Form No. 10-17800); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-03-014157 filed on June 27, 2003 and incorporated by reference herein. | ||
(b) | Qualified Pension Plan Rider (Form No. R90-Pen-V); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | ||
(c) | (1) | 403(b) Tax-Sheltered Annuity Rider; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-02-000784 filed on April 30, 2002 and incorporated by reference herein. | |
(2) | 403(b) Tax-Sheltered Annuity Rider (Form No. 20-1156); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(3) | 403(b) Tax-Sheltered Annuity Rider (Form No. ICC12:20-1270); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-13-000799 filed on February 5, 2013 and incorporated by reference herein. | ||
(d) | (1) | Section 457 Plan Rider (Form No. R95-457); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | |
(2) | Section 457 Plan Rider (Form No. ICC12:20-1271); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-13-000799 filed on February 5, 2013 and incorporated by reference herein. | ||
(e) | (1) | Individual Retirement Annuity Rider (Form No. 20-18900); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-02-002152 filed on December 19, 2002 and incorporated by reference herein | |
(2) | Individual Retirement Annuity Rider (Form No. ICC12:20-1266); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-13-000799 filed on February 5, 2013 and incorporated by reference herein. | ||
(f) | (1) | Roth Individual Retirement Annuity Rider (Form No. 20-19000); Included in Registrants Form |
N-4, File No. 333-53040, Accession No. 0001017062-02-002152 filed on December 19, 2002 and incorporated by reference herein. | ||||
(2) | Roth Individual Retirement Annuity Rider (Form No. ICC12:20-1267); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-13-000799 filed on February 5, 2013 and incorporated by reference herein. | |||
(g) | (1) | SIMPLE Individual Retirement Annuity Rider (Form No. 20-19100); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-02-002152 filed on December 19, 2002 and incorporated by reference herein. | ||
(2) | SIMPLE Individual Retirement Annuity Rider (Form No. ICC12:20-1268); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-13-000799 filed on February 5, 2013 and incorporated by reference herein. | |||
(h) | (1) | Qualified Retirement Plan Rider; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-02-000784 filed on April 30, 2002 and incorporated by reference herein. | ||
(2) | Qualified Retirement Plan Rider (Form No. ICC12:20-1269); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-13-000799 filed on February 5, 2013 and incorporated by reference herein. | |||
(i) | Stepped-Up Death Benefit Rider (Form No. 20-13500); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | |||
(j) | (1) | Premier Death Benefit Rider (Form No. 20-13600); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | ||
(2) | Premier Death Benefit Rider (Form No. 20-18000); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-02-002152 filed on December 19, 2002 and incorporated by reference herein. | |||
(k) | Guaranteed Protection Advantage (GPA) Rider (Form No. 20-16200); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000898430-01-503122 filed on October 25, 2001 and incorporated by reference herein. | |||
(l) | Guaranteed Protection Advantage 5 Rider (Form No. 20-19500); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-03-000461 filed on March 18, 2003 and incorporated by reference herein. | |||
(m) | (1) | Income Access Rider (Form No. 20-19808); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-03-000461 filed on March 18, 2003 and incorporated by reference herein. | ||
(2) | Income Access Rider (Form No. 20-1104); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-04-031234 filed on February 27, 2004 and incorporated by reference herein. | |||
(3) | Income Access Endorsement (Form No. 15-1122); Included in Registrants Form N-4, File No. |
333-53040, Accession No. 0000892569-05-000438 filed on June 15, 2005 and incorporated by reference herein. | |||
(4) | Excess Withdrawal Endorsement (Form No. 15-1152C); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(n) | (1) | DCA Plus Fixed Option Rider (Form No. 20-1103); Included in Registrants Form N-4, File No. 333- 53040, Accession No. 0001193125-03-043302 filed on August 28, 2003 and incorporated by reference herein. | |
(2) | DCA Plus Fixed Option Rider (Form No. ICC 11:20-1219); Included in Registrants Form N-4, File No. 333-175279, Accession No. 0000950123-11-063391 filed on July 1, 2011, and incorporated by reference herein. | ||
(o) | Guaranteed Income Advantage II Rider (Form No. 20-1109); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-04-031234 filed on February 27, 2004 and incorporated by reference herein. | ||
(p) | Guaranteed Income Advantage 5 Rider (Form No. 20-1102); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-04-031234 filed on February 27, 2004 and incorporated by reference herein. | ||
(q) | Guaranteed Income Annuity Rider (Form No. 20-1118); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-04-000884 filed on October 15, 2004 and incorporated by reference herein. | ||
(r) | (1) | Guaranteed Withdrawal Benefit Rider (Form No. 20-1119); also known as Income Access Plus Rider; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-04-000884 filed on October 15, 2004 and incorporated by reference herein. | |
(2) | Guaranteed Withdrawal Benefit Endorsement (Form No. 15-1123); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-05-000438 filed on June 15, 2005 and incorporated by reference herein. | ||
(3) | Excess Withdrawal Endorsement (Form No. 15-1152E); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001263 filed on September 11, 2008 and incorporated by reference herein. | ||
(s) | (1) | Enhanced Guaranteed Withdrawal Benefit Rider (Form No. 20-1120); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-05-000567 filed on August 2, 2005 and incorporated by reference herein. | |
(2) | Excess Withdrawal Endorsement (Form No. 15-1152A); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001263 filed on September 11, 2008 and incorporated by reference herein. | ||
(t) | (1) | 5% Guaranteed Withdrawal Benefit Rider (Form No. 20-1131); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-06-001249 filed on October 19, 2006 and incorporated by reference herein. | |
(2) | Excess Withdrawal Endorsement (Form No. 15-1152); Included in Registrants Form N-4, File |
No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | |||
(u) | (1) | Joint Life 5% Guaranteed Withdrawal Benefit Rider (Form No. 20-1135); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-07-000440 filed on April 16, 2007 and incorporated by reference herein. | |
(2) | Excess Withdrawal Endorsement (Form No. 15-1152B); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(v) | Guaranteed Protection Advantage 3 Rider (Form No. 20-1145); Included in Registrants Form N-4, File No. 333-141135, Accession No. 0000892569-07-001521 filed on December 12, 2007 and incorporated by reference herein. | ||
(w) | (1) | Guaranteed Withdrawal Benefit II Rider (Form No. 20-1146); Included in Registrants Form N-4, File No. 333-141135, Accession No. 0000892569-07-001521 filed on December 12, 2007 and incorporated by reference herein. | |
(2) | Excess Withdrawal Endorsement (Form No. 15-1152); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(x) | Guaranteed Withdrawal Benefit III Rider (Form No. 20- 1153); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(y) | Guaranteed Withdrawal Benefit Rider (Form No. 20-1154); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(z) | Joint Life Guaranteed Withdrawal Benefit Rider (Form No. 20-1155); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(aa) | Core Withdrawal Benefit Rider (Form No. 20-1162); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-09-000061 filed on February 9, 2009 and incorporated by reference herein. | ||
(bb) | Guaranteed Withdrawal Benefit IV Rider (Form No. 20-1176); Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000950123-09-050719 filed on October 16, 2009 and incorporated by reference herein. | ||
(cc) | Core Withdrawal Benefit Rider II (Form No. 20-1178); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(dd) | Guaranteed Withdrawal Benefit V Rider Single Life (Form No. ICC 10:20-1194); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-115912 filed on December 23, 2010, and incorporated by reference herein. | ||
(ee) | Guaranteed Withdrawal Benefit V Rider Joint Life (Form No. ICC 10:20-1195); Included in |
Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-115912 filed on December 23, 2010, and incorporated by reference herein. | |||
(ff) | Guaranteed Withdrawal Benefit VII Rider Single Life (Form No. ICC 11:20-1204); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-11-036372 filed on April 18, 2011, and incorporated by reference herein. | ||
(gg) | Guaranteed Withdrawal Benefit VII Rider Joint Life (Form No. ICC 11:20-1205); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-11-036372 filed on April 18, 2011, and incorporated by reference herein. | ||
(hh) | Guaranteed Withdrawal Benefit XII Rider-Single Life (Form No. ICC12:20-1256); included in Registration Statement on Form N-4, File No. 333-185326, Accession No. 0000950123-12-013639 filed on December 7, 2012 and incorporated by reference herein. | ||
(ii) | Guaranteed Withdrawal Benefit XII Rider-Joint Life (Form No. ICC12:20-1257); included in Registration Statement on Form N-4, File No. 333-185326, Accession No. 0000950123-12-013639 filed on December 7, 2012 and incorporated by reference herein. | ||
(jj) | Guaranteed Withdrawal Benefit X Rider-Single Life (Form No. ICC12:20-1258); included in Registration Statement on Form N-4, File No. 333-53040, Accession No. 0000950123-13-002336 filed on April 18, 2013 and incorporated by reference herein. | ||
(kk) | Guaranteed Withdrawal Benefit X Rider-Joint Life (Form No. ICC12:20-1259); included in Registration Statement on Form N-4, File No. 333-53040, Accession No. 0000950123-13-002336 filed on April 18, 2013 and incorporated by reference herein. | ||
(ll) | Guaranteed Withdrawal Benefit XIII Rider (Form No. ICC12:20-1263); included in Registration Statement on Form N-4, File No. 333-185326, Accession No. 0000950123-12-013639 filed on December 7, 2012 and incorporated by reference herein. | ||
(mm) | Guaranteed Minimum Accumulation Benefit Rider (Form No. ICC12:20-1254); included in Registration Statement on Form N-4, File No. 333-185326, Accession No. 0000950123-12-013639 filed on December 7, 2012 and incorporated by reference herein. | ||
(nn) | Guaranteed Withdrawal Benefit XV Rider Single Life (Form No. ICC12:20-1501); Included in Registration Statement on Form N-4, File No. 333-53040, Accession No. 0001193125-16-460226 filed on February 12, 2016 and incorporated by reference herein. | ||
(oo) | Guaranteed Withdrawal Benefit XV Rider Joint Life (Form No. ICC12:20-1502); Included in Registration Statement on Form N-4, File No. 333-53040, Accession No. 0001193125-16-460226 filed on February 12, 2016 and incorporated by reference herein. | ||
5. | (a) | (1) | Application Form for Individual Flexible Premium Deferred Variable Annuity Contract (Form No. 25-13200); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. |
(2) | Application Form for Individual Flexible Premium Deferred Variable Annuity Contract (Form No. 25-17810); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-03-014157 filed on June 27, 2003 and incorporated by reference herein. | ||
(3) | Application Form for Individual Flexible Premium Deferred Variable Annuity Contract (Form |
No. 25-17850); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-06-000524 filed on April 17, 2006 and incorporated by reference herein. | |||
(b) | Variable Annuity PAC APP; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | ||
(c) | Application/Confirmation Form; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | ||
6. | (a) | Pacific Lifes Articles of Incorporation; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | |
(b) | By-laws of Pacific Life; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. | ||
(c) | Pacific Lifes Restated Articles of Incorporation; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-06-000524 filed on April 17, 2006 and incorporated by reference herein. | ||
(d) | By-laws of Pacific Life As Amended September 1, 2005; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-06-000524 filed on April 17, 2006 and incorporated by reference herein. | ||
7. | (a) | Form of Reinsurance Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-000616 filed on April 21, 2008 and incorporated by reference herein. | |
(b) | Reinsurance Agreement with Union Hamilton; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
8. | (a) | Pacific Select Fund Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-01-500230 filed on May 7, 2000 and incorporated by reference herein. | |
(b) | Fund Participation Agreement Between Pacific Life Insurance Company, Pacific Select Distributors, Inc., American Funds Insurance Series, American Funds Distributors, and Capital Research and Management Company; Included in Registrants Form N-4, File No. 333-93059, as Exhibit 8(e), Accession No. 0000892569-05-000253 filed on April 19, 2005 and incorporated by reference herein. | ||
(c) | Form of AllianceBernstein Variable Products Series Fund, Inc. Participation Agreement; Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(d) | Form of BlackRock Variable Series Fund, Inc. (formerly called Merrill Lynch Variable Series Fund, Inc.) Participation Agreement; Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-13-399302 filed on October 15, 2013, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-13-399302 filed on October 15, 2013, and incorporated by reference herein. | ||
(3) | Third Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(4) | Fourth Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-13-399302 filed on October 15, 2013, and incorporated by reference herein. | ||
(5) | Fifth Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(e) | Form of Franklin Templeton Variable Insurance Products Trust Participation Agreement; Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(2) | Addendum to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-11-036372 filed on April 18, 2011, and incorporated by reference herein. | ||
(3) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(4) | Third Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(5) | Fourth Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(f) | Form of AllianceBernstein Investments, Inc. Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(g) | Form of BlackRock Distributors, Inc. (formerly called FAM Distributors, Inc.) Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. |
(2) | Second Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(3) | Third Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(4) | Fourth Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(h) | Form of Franklin Templeton Services, LLC Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-136597, Accession No. 0000892569-08-000961 filed on July 2, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(2) | Second Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(3) | Third Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(4) | Fourth Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(5) | Fifth Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(i) | Form of AIM Variable Insurance Funds Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(j) | Form of Invesco Aim Distributors, Inc. Distribution Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Distribution Services Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. |
(k) | Form of Invesco Aim Advisors, Inc. Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(l) | Form of GE Investments Funds, Inc. Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(3) | Third Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(m) | Form of GE Investment Distributors, Inc. Distribution and Services Agreement (Amended and Restated); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(n) | Form of Van Kampen Life Investment Trust Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(o) | Form of Van Kampen Funds, Inc. Shareholder Service Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(p) | Form of Van Kampen Asset Management Administrative Services Letter Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000892569-08-001552 filed on December 4, 2008 and incorporated by reference herein. | ||
(q) | Form of GE Investments Funds, Inc. Investor Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(1) | First Amendment to Investor Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(2) | Second Amendment to Investor Services Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(r) | Form of PIMCO Variable Insurance Trust Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. |
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-11-036372 filed on April 18, 2011, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-11-036372 filed on April 18, 2011, and incorporated by reference herein. | ||
(s) | Form of Allianz Global Investors Distributors LLC Selling Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(1) | First Amendment to Selling Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(t) | Form of PIMCO LLC Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-10-035831 filed on April 19, 2010 and incorporated by reference herein. | ||
(1) | First Amendment to Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(2) | Second Amendment to Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(3) | Third Amendment to Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-18-024167 filed on April 16, 2018, and incorporated by reference herein. | ||
(u) | Form of MFS Variable Insurance Trust Participation Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-11-036372 filed on April 18, 2011, and incorporated by reference herein. | ||
(3) | Third Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(v) | (1) | Form of MFS Variable Insurance Trust Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0000950123-10-036181 filed on April 20, 2010, and incorporated by reference herein. | |
(2) | Form of MFS Variable Insurance Trust Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(3) | Form of MFS Variable Insurance Trust Administrative Services Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(w) | Participation Agreement with Fidelity Variable Insurance Products (Variable Insurance Products Funds, Variable Insurance Products Fund II, Variable Insurance Products Fund III and Variable Insurance Products Funds V); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(x) | Service Contract with Fidelity Distributors Corporation; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(1) | Amendment to Service Contract; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(y) | Participation Agreement with First Trust Variable Insurance Trust; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(z) | Administrative Services Agreement with First Trust Variable Insurance Trust; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(1) | First Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(2) | Second Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-160772, Accession No. 0001193125-14-310473 filed on August 15, 2014, and incorporated by reference herein. | ||
(3) | Third Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(aa) | Support Agreement with First Trust Advisors L.P.; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0000950123-12-006355 filed on April 23, 2012, and incorporated by reference herein. | ||
(1) | First Amendment to Support Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(2) | Second Amendment to Support Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(bb) | Form of American Century Investment Services, Inc. Participation Agreement; Included in Registrants Form N-6, File No. 333-150092, Accession Number 000950123-12-006370 filed on April 23, 2012. | ||
(cc) | Form of American Century Investment Services, Inc. Administrative Services Agreement; Included in Registrants Form N-6, File No. 333-150092, Accession Number 000950123-12-006370 filed on April 23, 2012. | ||
(1) | First Amendment to Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(dd) | Participation Agreement with Janus Aspen Series; Included in Registrants Form N-6, File No. 333-118913, Accession Number 000892569-07-000444 filed on April 16, 2007. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(ee) | Distribution and Shareholder Service Agreement with Janus Capital Management LLC; Included in Registrants Form N-6, File No. 333-118913, Accession Number 000892569-07-000444 filed on April 16, 2007. | ||
(1) | First Amendment to Distribution and Shareholder Service Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(ff) | Administrative Services Agreement with Janus Distributors LLC; Included in Registrants Form N-6, File No. 333-118913, Accession Number 000892569-07-000444 filed on April 16, 2007. | ||
(gg) | Form of Lord Abbett Series Fund, Inc. Fund Participation Agreement; Included in Registrants Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and |
incorporated by reference herein. | |||
(hh) | Form of Lord Abbett Series Fund, Inc. Service Agreement; Included in Registrants Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein. | ||
(ii) | Form of Lord Abbett Series Fund, Inc. Administrative Services Agreement; Included in Registrants Form N-4, File No. 333-168284, Accession No. 0000950123-10-067409 filed on July 23, 2010, and incorporated by reference herein | ||
(jj) | Form of Lord Abbett Series Fund, Inc. Support Payment Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(1) | First Amendment to Support Payment Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(kk) | Participation Agreement with Van Eck Worldwide Insurance Trust; Included in Registrants Form N-6, File No. 033-21754, Accession No. 0000892569-05-000254 filed on April 19, 2005, and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(ll) | Service Agreement with Van Eck Securities Corporation; Included in Registrants Form N-6, File No. 333- 118913, Accession No. 0000892569-05-000054 filed on February 10, 2005, and incorporated by reference herein. | ||
(1) | First Amendment to Service Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-12-502920, filed on December 14, 2012, and incorporated by reference herein. | ||
(mm) | Fund Participation and Service Agreement with American Funds; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-13-399302 filed on October 15, 2013, and incorporated by reference herein. | ||
(1) | First Amendment to Fund Participation and Service Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(2) | Second Amendment to Fund Participation and Service Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(3) | Third Amendment to Fund Participation and Service Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(nn) | Business Agreement with American Funds; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-13-399302 filed on October 15, 2013, and incorporated by reference |
herein. | |||
(oo) | Participation Agreement with Ivy Funds Variable Insurance Portfolios; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-14-142382 filed on April 14, 2014, and incorporated by reference herein. | ||
(1) | First Amendment to Participation Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(3) | Third Amendment to Participation Agreement | ||
(pp) | Exhibit B to the Pacific Select Fund Participation Agreement; Included in Registrants Form number N-4, File No. 333-160772, Accession No. 000193125-14-310473 filed August 15, 2014, and incorporated by reference herein. | ||
(qq) | Distribution Fee Agreement with JPMorgan Insurance Trust; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(rr) | Fund Participation Agreement with JPMorgan Insurance Trust (formerly called One Group Investments Trust); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein | ||
(1) | First Amendment to Fund Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(ss) | Supplemental Payment Agreement with JPMorgan Insurance Trust (formerly called One Group Investments Trust); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(1) | First Amendment to the Supplemental Payment Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(2) | Second Amendment to the Supplemental Payment Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(3) | Third Amendment to Supplemental Payment Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(tt) | Distribution and Marketing Support Agreement (Amended and Restated) with BlackRock Variable Series Fund, Inc.; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-127157 filed on April 13, 2015 and incorporated by reference herein. | ||
(uu) | Participation Agreement with Legg Mason Partners III; Filed as part of Post-Effective Amendment No. 9 to the Registration Statement on Form N-6 via EDGAR on April 16, 2007, File No. 333-118913, Accession Number 000892569-07-000444. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-132710 filed April 16, 2015, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-132710 filed April 16, 2015, and incorporated by reference herein. | ||
(3) | Third Amendment to Participation Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(vv) | Service Agreement with Legg Mason Investor Services, LLC; Filed as part of Post-Effective Amendment No. 9 to the Registration Statement on Form N-6 via EDGAR on April 16, 2007, File No. 333-118913, Accession Number 000892569-07-000444. | ||
(1) | First Amendment to Service Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-132710 filed April 16, 2015, and incorporated by reference herein. | ||
(2) | Second Amendment to Service Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-132710 filed April 16, 2015, and incorporated by reference herein. | ||
(3) | Third Amendment to Service Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-304332 filed August 27, 2015, and incorporated by reference herein. | ||
(ww) | Participation Agreement with Neuberger Berman; Filed as part of the Registration Statement on Form N-6 via EDGAR on April 15, 2013, File No. 333-172851, Accession Number 0000950123-13-002255. | ||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-304332 filed August 27, 2015, and incorporated by reference herein. | ||
(xx) | Administrative Services Agreement with Neuberger Berman; Filed as part of the Registration Statement on Form N-6 via EDGAR on April 15, 2013, File No. 333-172851, Accession Number 0000950123-13-002255. | ||
(yy) | Distribution and Administrative Services Agreement (Amended and Restated) with Neuberger Berman; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-304332 filed August 27, 2015, and incorporated by reference herein. | ||
(zz) | Revenue Sharing Agreement with Oppenheimer; Filed as part of the Registration Statement on Form N-6 via EDGAR on May 30, 2013, File No. 333-152224, Accession Number 0001193125-13-240969. | ||
(aaa) | Participation Agreement with Oppenheimer; Filed as part of the Registration Statement on Form N-6 |
via EDGAR on May 30, 2013, File No. 333-152224, Accession Number 0001193125-13-240969. | |||
(1) | First Amendment to Participation Agreement; Included in Registrants Form N-6, File No. 333-172851, Accession No. 0001193125-15-132710 filed April 16, 2015, and incorporated by reference herein. | ||
(2) | Second Amendment to Participation Agreement; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(3) | Third Amendment to Participation Agreement; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(bbb) | Revenue Sharing Agreement with Oppenheimer (Amended and Restated); Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001193125-15-346483 filed on October 19, 2015 and incorporated by reference herein. | ||
(ccc) | Distribution Sub-Agreement with BlackRock Variable Series Fund, Inc.; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(ddd) | Administrative Services Agreement with Invesco Advisors, Inc.; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(eee) | Financial Support Agreement with Invesco Distributors, Inc.; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(fff) | Distribution and/or Service (12b-1) Fee Agreement with Legg Mason Investor Services, LLC; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. | ||
(ggg) | Selling Agreement with PIMCO Variable Insurance Trust | ||
(hhh) | Service Agreement with PIMCO Variable Insurance Trust | ||
9. | Opinion and Consent of legal officer of Pacific Life as to the legality of Contracts being registered; Included in Registrants Form N-4, File No. 333-53040, Accession No. 0001017062-00-002612 filed on December 29, 2001 and incorporated by reference herein. |
10. | Consent of Independent Registered Public Accounting Firm and Consent of Independent Auditors; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-18-024167 filed on April 16, 2018 and incorporated by reference herein. |
11. | Not applicable |
12. | Not applicable |
13. | Powers of Attorney; included in Registrants Form N-4, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, and incorporated by reference herein. |
Item 25. Directors and Officers of Pacific Life
Name and Address | Positions and Offices with Pacific Life |
James T. Morris | Director, Chairman, President and Chief Executive Officer |
Adrian S. Griggs | Director, Executive Vice President and Chief Operating Officer |
Darryl D. Button | Director, Executive Vice President and Chief Financial Officer |
Sharon A. Cheever | Director, Senior Vice President and General Counsel |
Dewey P. Bushaw | Executive Vice President |
Edward R. Byrd | Senior Vice President and Chief Accounting Officer |
Jane M. Guon | Vice President and Secretary |
Joseph W. Krum | Vice President and Treasurer |
The address for each of the persons listed above is as follows:
700 Newport Center Drive Newport Beach, California 92660
Item 26. Persons Controlled by or Under Common Control with Pacific Life or Separate Account A.
The following is an explanation of the organization chart of Pacific Lifes subsidiaries:
Pacific Life is a Nebraska Stock Life Insurance Company wholly-owned by Pacific LifeCorp (a Delaware Stock Holding Company), which is, in turn, 100% owned by Pacific Mutual Holding Company (a Nebraska Mutual Insurance Holding Company).
PACIFIC LIFE, SUBSIDIARIES & AFFILIATED ENTERPRISES
LEGAL STRUCTURE
Jurisdiction of Incorporation or Organization | Percentage of Ownership by its Immediate Parent | ||||||
Pacific Mutual Holding Company | Nebraska | ||||||
Pacific LifeCorp | Delaware | 100 | |||||
Pacific Life Insurance Company | Nebraska | 100 | |||||
Pacific Life & Annuity Company | Arizona | 100 | |||||
Pacific Life Purchasing LLC | Delaware | 100 | |||||
Pacific Select Distributors, LLC | Delaware | 100 | |||||
Pacific Asset Holding LLC | Delaware | 100 | |||||
Pacific TriGuard Partners LLC | Delaware | 100 | |||||
Grayhawk Golf Holdings, LLC | Delaware | 95 | |||||
Grayhawk Golf L.L.C. | Arizona | 100 | |||||
Las Vegas Golf I, LLC | Delaware | 100 | |||||
Angel Park Golf, LLC | Nevada | 100 | |||||
PL/KBS Fund Member, LLC | Delaware | 100 | |||||
KBS/PL Properties, L.P. # | Delaware | 100 | |||||
Wildflower Member, LLC | Delaware | 100 | |||||
Epoch-Wildflower, LLC | Florida | 99 | |||||
Glenoaks Golf Club, LLC | Delaware | 100 | |||||
Polo Fields Golf Club, LLC | Delaware | 100 | |||||
PL Regatta Member, LLC | Delaware | 100 | |||||
Regatta Apartments Investors, LLC | Delaware | 90 | |||||
Pacific Asset Loan LLC | Delaware | 100 | |||||
PL Vintage Park Member, LLC | Delaware | 100 | |||||
Vintage Park Apartments GP, LLC | Delaware | 90 | |||||
PL Broadstone Avena Member, LLC | Delaware | 100 | |||||
Broadstone Avena Investors, LLC | Delaware | 90 | |||||
GW Member LLC | Delaware | 100 |
GW Apartments LLC | Delaware | 90 | |||||
PL Sierra Member, LLC | Delaware | 100 | |||||
Sierra at Fall Creek Apartments Investors, LLC | Delaware | 90 | |||||
PL TOR Member LLC | Delaware | 100 | |||||
2803 Riverside Apartment Investors, LLC | Delaware | 90 | |||||
PL Denver Member, LLC | Delaware | 100 | |||||
1776 Curtis, LLC | Delaware | 70 | |||||
PL Timberlake Member, LLC | Delaware | 100 | |||||
80 South Gibson Road Apartment Investors, LLC | Delaware | 90 | |||||
PL Van Buren Member, LLC | Delaware | 100 | |||||
1035 Van Buren Holdings, L.L.C. | Delaware | 43 | |||||
PL Lakemont Member, LLC | Delaware | 100 | |||||
Overlook at Lakemont Venture LLC | Delaware | 88 | |||||
PL Teravista Member, LLC | Delaware | 100 | |||||
401 Teravista Apartment Investors, LLC | Delaware | 90 | |||||
700 Main Street LLC | Delaware | 100 | |||||
PL Brier Creek Member, LLC | Delaware | 100 | |||||
Brier Creek Investors JV LLC | Delaware | 90 | |||||
PL One Jefferson Member, LLC | Delaware | 100 | |||||
One Jefferson Venture LLC | Delaware | 90 | |||||
PL Savannah Member, LLC | Delaware | 100 | |||||
Savannah at Park Place Apartments LLC | Delaware | 90 | |||||
PL Redland Member, LLC | Delaware | 100 | |||||
Redland Road Apartment Investors, LLC | Delaware | 100 | |||||
PL Spectrum Member, LLC | Delaware | 100 | |||||
9242 West Russell Road Apartment Investors, LLC | Delaware | 90 | |||||
PL Mortgage Fund, LLC | Delaware | 100 | |||||
PL Andate Member, LLC | Delaware | 100 | |||||
Andante Venture LLC | Delaware | 90 | |||||
PL Beardslee Member, LLC | Delaware | 100 | |||||
Village at Beardslee Investor, LLC# | Delaware | 90 | |||||
PL Monterone Member, LLC | Delaware | 100 | |||||
Monterone Apartment Investor, LLC | Delaware | 90 | |||||
PL Reno Member, LLC | Delaware | 100 | |||||
NPLC BV Manager LLC# | Delaware | 81 | |||||
PL Wabash Member, LLC | Delaware | 100 | |||||
THC 1333 S. Wabash LLC | Delaware | 90 | |||||
PL Alara Member, LLC | Delaware | 100 | |||||
Greenwood Village Apartment Investors, LLC | Delaware | 90 | |||||
PL Kierland Member, LLC | Delaware | 100 | |||||
T&L Apartment Investor, LLC | Delaware | 90 | |||||
PL Wardman Member, LLC | Delaware | 100 | |||||
Wardman Hotel Owner, L.L.C. | Delaware | 66.6668 | |||||
PL Peoria Member, LLC | Delaware | 100 | |||||
205 Peoria Street Owner, LLC | Delaware | 90 | |||||
PL Elk Meadows Member, LLC # | Delaware | 100 | |||||
PL Stonebriar Member, LLC # | Delaware | 100 | |||||
PL Deer Run Member, LLC # | Delaware | 100 | |||||
PL Tessera Member, LLC # | Delaware | 100 | |||||
PL Elevation Owner, LLC | Delaware | 100 | |||||
PL Vantage Member, LLC # | Delaware | 100 | |||||
PL Fairfax Gateway Member, LLC # | Delaware | 100 | |||||
Confederation Life Insurance and Annuity Company | Georgia | 100 | |||||
Pacific Global Asset Management LLC (Formerly known as Pacific Asset Advisors LLC) | Delaware | 100 | |||||
Cadence Capital Management LLC | Delaware | 100 | |||||
Cadence Global Equity GP LLC# | Delaware | 100 | |||||
Pacific Asset Management LLC | Delaware | 100 | |||||
Pacific Global Advisors LLC | Delaware | 100 | |||||
Pacific Private Fund Advisors LLC | Delaware | 100 | |||||
Pacific Absolute Return Strategies GP LLC # | Delaware | 100 |
Pacific Private Equity I GP LLC # | Delaware | 100 | |||||
Pacific Multi-Strategy GP LLC # | Delaware | 100 | |||||
Pacific Private Credit II GP LLC # | Delaware | 100 | |||||
Pacific Private Equity Opportunities II GP LLC # | Delaware | 100 | |||||
Pacific Private Credit III GP LLC # | Delaware | 100 | |||||
Pacific Private Equity Opportunities III GP LLC # | Delaware | 100 | |||||
Pacific Private Credit IV GP LLC | Delaware | 100 | |||||
Pacific Private Equity Opportunities IV GP LLC | Delaware | 100 | |||||
Pacific Co-Invest Opportunities I GP LLC | Delaware | 100 | |||||
Pacific Life Fund Advisors LLC | Delaware | 100 | |||||
PAM Bank Loan GP LLC # | Delaware | 100 | |||||
PAM CLO Opportunities GP LLC # | Delaware | 100 | |||||
PAM Trade Receivable GP LLC # | Delaware | 100 | |||||
Pacific Alliance Reinsurance Company of Vermont | Vermont | 100 | |||||
Pacific Services Canada Limited | Canada | 100 | |||||
Pacific Life Reinsurance Company II Limited | Barbados | 100 | |||||
Pacific Baleine Reinsurance Company | Vermont | 100 | |||||
Pacific Private Equity Incentive Allocation LLC | Delaware | 100 | |||||
Swell Investing Holding LLC | Delaware | 100 | |||||
Swell Investing LLC | Delaware | 100 | |||||
Pacific Life Aviation Holdings LLC | Delaware | 100 | |||||
Aviation Capital Group Holdings, Inc. (Pacific Life Aviation Holdings LLC holds 99.9999% ownership interest of this entity.) | Delaware | 99.9999 | |||||
Aviation Capital Group LLC (Pacific Life Aviation Holdings LLC holds 79% ownership interest of this entity.) | Delaware | 79 | |||||
Aviation Capital Group LLC (Aviation Capital Group Holdings, Inc. is the Managing Member of this entity and holds 1% ownership interest as such.) | Delaware | 1 | |||||
ACG Acquisition 4063 LLC | Delaware | 100 | |||||
ACG Acquisition 4084 LLC | Delaware | 100 | |||||
ACG Aircraft Leasing Ireland Limited | Ireland | 100 | |||||
ACG International Ltd. | Bermuda | 100 | |||||
ACG Acquisition Ireland V Ltd. | Ireland | 100 | |||||
ACG Acquisition 4658 LLC | Delaware | 100 | |||||
ACG Acquisition 4913 LLC | Delaware | 100 | |||||
ACG Acquisition 4941 LLC | Delaware | 100 | |||||
ACG Acquisition 4942 LLC | Delaware | 100 | |||||
ACG Acquisition 4891 LLC | Delaware | 100 | |||||
ACG Acquisition 5038 LLC | Delaware | 100 | |||||
ACG Acquisition 5063 LLC | Delaware | 100 | |||||
ACG Acquisition 5136 LLC | Delaware | 100 | |||||
ACG Acquisition 38105 LLC | Delaware | 100 | |||||
ACG Acquisition 6584 LLC | Delaware | 100 | |||||
ACG Acquisition 5096 LLC | Delaware | 100 | |||||
ACG Acquisition 5193 LLC | Delaware | 100 | |||||
ACG Acquisition 5278 LLC | Delaware | 100 | |||||
ACG Acquisition 5299 LLC | Delaware | 100 | |||||
ACG Acquisition 6342 LLC | Delaware | 100 | |||||
ACG Acquisition 6734 LLC | Delaware | 100 | |||||
ACG Acquisition 38038 LLC | Delaware | 100 | |||||
ACG Acquisition 39388 LLC | Delaware | 100 | |||||
ACG Acquisition 39389 LLC | Delaware | 100 | |||||
ACG Acquisition 39891 LLC | Delaware | 100 | |||||
ACG Acquisition 40547 LLC | Delaware | 100 | |||||
ACG ECA Ireland Limited | Ireland | 100 | |||||
ACG Bermuda Leasing Limited | Bermuda | 100 | |||||
ACG Acquisition BR 2012-10A LLC | Delaware | 100 | |||||
ACG Acquisition BR 2012-10B LLC | Delaware | 100 | |||||
ACG Acquisition BR 2012-11 LLC | Delaware | 100 | |||||
ACG Acquisition 2688 LLC | Delaware | 100 | |||||
ACG Acquisition 30744 LLC (Aviation Capital Group LLC is the beneficiary of the owner Trust and is the indirect owner of this entity.) | Delaware | 100 | |||||
ACG Acquisition 38881 LLC | Delaware | 100 |
ACG Acquisition 5527 LLC | Delaware | 100 | |||||||
ACG Acquisition 5716 LLC | Delaware | 100 | |||||||
ACG Acquisition 40544 LLC | Delaware | 100 | |||||||
ACG Acquisition 299496 LLC | Delaware | 100 | |||||||
ACG Acquisition 5754 LLC | Delaware | 100 | |||||||
ACG Acquisition 5841 LLC | Delaware | 100 | |||||||
San Miguel Leasing Cayman Limited | Cayman Islands | 100 | |||||||
ACG Acquisitions Sweden AB | Sweden | 100 | |||||||
ACG Acquisition 6457 LLC | Delaware | 100 | |||||||
ACG Acquisition 6498 LLC | Delaware | 100 | |||||||
ACG Trust 2004 -1 Holding LLC | Delaware | 100 | |||||||
ACG Funding Trust 2004-1 | Delaware | 100 | |||||||
ACG Trust II Holding LLC | Delaware | 100 | |||||||
Aviation Capital Group Trust II | Delaware | 100 | |||||||
ACG Acquisition XXV LLC | Delaware | 100 | |||||||
ACG Acquisition Ireland II Limited | Ireland | 100 | |||||||
ACG Acquisition (Bermuda) II Ltd. | Bermuda | 100 | |||||||
Boullioun Aviation Services LLC | Delaware | 100 | |||||||
Boullioun Aircraft Holding Company LLC | Delaware | 100 | |||||||
Boullioun Portfolio Finance III LLC | Nevada | 100 | |||||||
ACG III Holding LLC | Delaware | 100 | |||||||
ACG Trust III | Delaware | 100 | |||||||
RAIN I LLC | Delaware | 100 | |||||||
RAIN II LLC | Delaware | 100 | |||||||
RAIN IV LLC | Delaware | 100 | |||||||
RAIN VI LLC | Delaware | 100 | |||||||
RAIN VII LLC | Delaware | 100 | |||||||
RAIN VIII LLC | Delaware | 100 | |||||||
ACG Acquisition 1176 LLC | Delaware | 100 | |||||||
Rainier Aircraft Leasing (Ireland) Limited | Ireland | 100 | |||||||
ACG Acquisition (Bermuda) III Ltd. | Bermuda | 100 | |||||||
ACG 2006-ECA LLC | Delaware | 100 | |||||||
ACG ECA-2006 Ireland Limited | Ireland | 100 | |||||||
Aviation Capital Group Singapore Pte. Ltd. | Singapore | 100 | |||||||
ACG Acquisition 2004-1 Ireland Limited | Ireland | 100 | |||||||
ACG 2004-1 Bermuda Limited | Bermuda | 100 | |||||||
ACG Acquisition 31 LLC | Delaware | 100 | |||||||
ACG Acquisition 37 LLC | Delaware | 100 | |||||||
ACG Acquisition 38 LLC | Delaware | 100 | |||||||
Bellevue Coastal Leasing LLC | Washington | 100 | |||||||
ACG Capital Partners Singapore Pte. Ltd. | Singapore | 100 | |||||||
ACGCPS 2011 Pte. Ltd. | Singapore | 100 | |||||||
ACG Capital Partners Bermuda Limited | Bermuda | 100 | |||||||
ACG Capital Partners Ireland Limited | Ireland | 100 | |||||||
ACG Capital Partners LLC | Delaware | 100 | |||||||
ACG France 6280 S.A.S. | France | 100 | |||||||
ACG France 7392 S.A.S. | France | 100 | |||||||
ACG France 7421 S.A.S. | France | 100 | |||||||
ACG France 8082 S.A.S. | France | 100 | |||||||
ACG France 8354 S.A.S. | France | 100 | |||||||
ACG France 35722 S.A.S. | France | 100 | |||||||
ACG France 35723 S.A.S. | France | 100 | |||||||
ACG Trust 2009-1 Holding LLC | Delaware | 100 | |||||||
ACG Funding Trust 2009-1 | Delaware | 100 | |||||||
ACG Acquisition 29677 LLC | Delaware | 100 | |||||||
Bauhinia Aviation Management Limited | Cayman Islands | 50 | |||||||
Pacific Life & Annuity Services, Inc. | Colorado | 100 | |||||||
Bella Sera Holdings, LLC | Delaware | 100 | |||||||
Pacific Life Re Holdings LLC | Delaware | 100 | |||||||
Pacific Life Re (Australia) Pty Limited | Australia | 100 | |||||||
Pacific Life Re Holdings Limited | England | 100 |
Pacific Life Re Services Limited | England | 100 | ||||||
Pacific Life Re Limited | England | 100 | ||||||
UnderwriteMe Limited | England | 100 | ||||||
UnderwriteMe Technology Solutions Limited | England | 100 | ||||||
UnderwriteMe Australia Pty Limited | Australia | 100 | ||||||
Pacific Life Reinsurance (Barbados) Ltd. | Barbados | 100 | ||||||
Pacific Annuity Reinsurance Company | Arizona | 100 |
___________________________________
# = Abbreviated structure
Item 27. Number of Contractholders
Pacific OdysseyApproximately | 549 | Qualified | |
2,026 | Non-Qualified |
Item 28. Indemnification
(a) The Distribution Agreement between Pacific Life Insurance Company, Pacific Life & Annuity Company (collectively referred to as Pacific Life) and Pacific Select Distributors, LLC (PSD) provides substantially as follows:
Pacific Life shall indemnify and hold harmless PSD and PSDs officers, directors, agents, controlling persons, employees, subsidiaries and affiliates for all attorneys fees, litigation expenses, costs, losses, claims, judgments, settlements, fines, penalties, damages, and liabilities incurred as the direct or indirect result of: (i) negligent, dishonest, fraudulent, unlawful, or criminal acts, statements, or omissions by Pacific Life or its employees, agents, officers, or directors; (ii) Pacific Lifes breach of this Agreement; (iii) Pacific Lifes failure to comply with any statute, rule, or regulation; (iv) a claim or dispute between Pacific Life and a Broker/Dealer (including its Representatives) and/or a Contract owner. Pacific Life shall not be required to indemnify or hold harmless PSD for expenses, losses, claims, damages, or liabilities that result from PSDs misfeasance, bad faith, negligence, willful misconduct or wrongful act.
PSD shall indemnify and hold harmless Pacific Life and Pacific Lifes officers, directors, agents, controlling persons, employees, subsidiaries and affiliates for all attorneys fees, litigation expenses, costs, losses, claims, judgments, settlements, fines, penalties, damages and liabilities incurred as the direct or indirect result of: (i) PSDs breach of this Agreement; and/or (ii) PSDs failure to comply with any statute, rule, or regulation. PSD shall not be required to indemnify or hold harmless Pacific Life for expenses, losses, claims, damages, or liabilities that have resulted from Pacific Lifes willful misfeasance, bad
faith, negligence, willful misconduct or wrongful act.
(b) The Form of Selling Agreement between Pacific Life, Pacific Select Distributors, LLC (PSD) and Various Broker-Dealers and
Agency (Selling Entities) provides substantially as follows:
Pacific Life and PSD agree to indemnify and hold harmless Selling Entities, their officers, directors, agents and employees, against any and all losses, claims, damages, or liabilities to which they may become subject under the Securities Act, the Exchange Act, the Investment Company Act of 1940, or other federal or state statutory law or regulation, at common law or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of a material fact or any omission or alleged omission to state a material fact required to be stated or necessary to make the statements made not misleading in the registration statement for the Contracts or for the shares of Pacific Select Fund (the Fund) filed pursuant to the Securities Act, or any prospectus included as a part thereof, as from time to time amended and supplemented, or in any advertisement or sales literature provided by Pacific Life and PSD.
Selling Entities agree to, jointly and severally, hold harmless and indemnify Pacific Life and PSD and any of their respective affiliates, employees, officers, agents and directors (collectively, Indemnified Persons) against any and all claims, liabilities and expenses (including, without limitation, losses occasioned by any rescission of any Contract pursuant to a free look provision or by any return of initial purchase payment in connection with an incomplete application), including, without limitation, reasonable attorneys fees and expenses and any loss attributable to the investment experience under a Contract, that any Indemnified Person may incur from liabilities resulting or arising out of or based upon (a) any untrue or alleged untrue statement other than statements contained in the registration statement or prospectus relating to any Contract, (b) (i) any inaccurate or misleading, or allegedly inaccurate or misleading sales material used in connection with any marketing or solicitation relating to any Contract, other than sales material provided preprinted by Pacific Life or PSD, and (ii) any use of
any sales material that either has not been specifically approved in writing by Pacific Life or PSD or that, although previously approved in writing by Pacific Life or PSD, has been disapproved, in writing by either of them, for further use, or (c) any act or omission of a Subagent, director, officer or employee of Selling Entities, including, without limitation, any failure of Selling Entities or any Subagent to be registered as required as a broker/dealer under the 1934 Act, or licensed in accordance with the rules of any applicable SRO or insurance regulator.
(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 (Act) may be permitted to directors, officers or persons controlling Pacific Life pursuant to the foregoing provisions, Pacific Life has been informed that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
Item 29. Principal Underwriters
(a) | PSD also acts as principal underwriter for Pacific Life Insurance Company, on its own behalf and on behalf of its Separate Account I, Separate Account A, Separate Account B, Pacific Select Variable Annuity Separate Account, Pacific Corinthian Variable Separate Account, Pacific Select Exec Separate Account, Pacific COLI Separate Account, Pacific COLI Separate Account II, Pacific COLI Separate Account III, Pacific COLI Separate Account IV, Pacific COLI Separate Account V, Pacific COLI Separate Account VI, Pacific COLI Separate Account X, Pacific COLI Separate Account XI, Pacific Select Separate Account, and Pacific Life & Annuity Company, on its own behalf and on behalf of its Separate Account A, Pacific Select Exec Separate Account, and Separate Account I. |
(b) | For information regarding PSD, reference is made to Form B-D, SEC File No. 8-15264, which is herein incorporated by reference. |
(c) | PSD retains no compensation or net discounts or commissions from the Registrant. |
Item 30. Location of Accounts and Records
The accounts, books and other documents required to be maintained by Registrant pursuant to Section 31(a) of the Investment Company Act of 1940 and the rules under that section will be maintained by Pacific Life at 700 Newport Center Drive, Newport Beach, California 92660.
Item 31. Management Services
Not applicable
Item 32. Undertakings
The registrant hereby undertakes:
(a) to file a post-effective amendment to this registration statement as frequently as is necessary to ensure that the audited financial statements in this registration statement are never more than 16 months old for so long as payments under the variable annuity contracts may be accepted, unless otherwise permitted.
(b) to include either (1) as a part of any application to purchase a contract offered by the prospectus, a space that an applicant can check to request a Statement of Additional Information, or (2) a post card or similar written communication affixed to or included in the prospectus that the applicant can remove to send for a Statement of Additional Information, or (3) to deliver a Statement of Additional Information with the Prospectus.
(c) to deliver any Statement of Additional Information and any financial statements required to be made available under this Form promptly upon written or oral request.
Additional Representations
(a) The Registrant and its Depositor are relying upon American Council of Life Insurance, SEC No-Action Letter, SEC Ref. No. 1P-6-88 (November 28, 1988) with respect to annuity contracts offered as funding vehicles for retirement plans meeting the requirements of Section 403(b) of the Internal Revenue Code, and the provisions of paragraphs (1)-(4) of this letter have been complied with.
(b) The Registrant and its Depositor are relying upon Rule 6c-7 of the Investment Company Act of 1940 with respect to annuity contracts offered as funding vehicles to participants in the Texas Optional Retirement Program, and the provisions of Paragraphs (a)- (d) of the Rule have been complied with.
(c) REPRESENTATION PURSUANT TO SECTION 26(f) OF THE INVESTMENT COMPANY ACT OF 1940: Pacific Life Insurance Company and Registrant represent that the fees and charges to be deducted under the Variable Annuity Contract (Contract) described in the prospectus contained in this registration statement are, in the aggregate, reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed in connection with the Contract.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements of Securities Act Rule 485(b) for effectiveness of this Registration Statement and has caused this Post-Effective Amendment No. 55 to the Registration Statement on Form N-4 to be signed on its behalf by the undersigned thereunto duly authorized in the City of Newport Beach, and the State of California on this 28th day of December, 2018.
SEPARATE ACCOUNT A | ||
(Registrant) | ||
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By: | PACIFIC LIFE INSURANCE COMPANY | |
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By: | ||
James T. Morris* | ||
Director, Chairman, Chief Executive Officer and President | ||
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By: | PACIFIC LIFE INSURANCE COMPANY | |
(Depositor) | ||
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By: | ||
James T. Morris* | ||
Director, Chairman, Chief Executive Officer and President |
Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 55 to the Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
Signature | Title | Date | |||
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Director, Chairman, Chief Executive Officer and President | December 28, 2018 | ||||
James T. Morris* | |||||
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Director, Executive Vice President and Chief Operating Officer | December 28, 2018 | ||||
Adrian S. Griggs* | |||||
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Director, Executive Vice President and Chief Financial Officer | December 28, 2018 | ||||
Darryl D. Button* | |||||
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Director, Senior Vice President and General Counsel | December 28, 2018 | ||||
Sharon A. Cheever* | |||||
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Vice President and Secretary | December 28, 2018 | ||||
Jane M. Guon* | |||||
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Senior Vice President and Chief Accounting Officer | December 28, 2018 | ||||
Edward R. Byrd* | |||||
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Executive Vice President | December 28, 2018 | ||||
Dewey P. Bushaw* | |||||
| Vice President and Treasurer | December 28, 2018 | |||
Joseph W. Krum* | |||||
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*By: | /s/ SHARON A. CHEEVER | December 28, 2018 | |||
Sharon A. Cheever | |||||
as attorney-in-fact |
(Powers of Attorney are contained in Post-Effective Amendment No. 52 of the Registration Statement filed on Form N-4 for Separate Account A, File No. 333-53040, Accession No. 0001104659-17-023710 filed on April 17, 2017, as Exhibit 13). |
Exhibit 99.(ggg)
SELLING AGREEMENT
FOR ADMINISTRATIVE CLASS SHARES OF
PIMCO VARIABLE INSURANCE TRUST
This Agreement is made as of April 1, 2018 between PIMCO Investments LLC (Distributor) and Pacific Select Distributors, LLC (Authorized Firm), the variable products distributor for Pacific Life Insurance Company and Pacific Life & Annuity Company.
RECITALS
WHEREAS, PIMCO Variable Insurance Trust (the Trust) are each registered as an open-end management investment company under the Investment Company Act of 1940, as amended (the 1940 Act);
WHEREAS, the Trust issues shares of beneficial interest (shares) in separate series (Portfolios), with each Portfolio representing interests in a separate portfolio of securities and other assets;
WHEREAS, Distributor serves as the distributor of the Trusts shares;
WHEREAS, the Trust issues shares of the Portfolios in separate classes of shares, one of which is designated the Administrative Class shares;
WHEREAS, certain beneficial owners of the Trusts shares (investors) may require administrative, recordkeeping, and other services, and the provision of such services to investors requiring these services may benefit such investors and facilitate their ability to invest in the Portfolios;
WHEREAS, the Trust has adopted a Services Plan (as amended and restated, a Services Plan and together the Services Plans) pursuant to which Distributor, on behalf of the Trust and each Portfolio, may enter into agreements with insurance companies, registered investment advisers, registered broker-dealers, banks, trust companies, plan sponsors, recordkeepers and other persons or entities that agree to provide certain administrative, recordkeeping, and/or investor services to their clients, members or customers who purchase Administrative Class shares of the Trusts Portfolio(s), directly or indirectly; and
WHEREAS, Distributor, on behalf of the Trust and each Portfolio, desires that Authorized Firm provide, or arrange for the provision of, certain administrative, recordkeeping, and/or investor services with respect to Administrative Class shares of the Portfolios in accordance with the terms and conditions of this Agreement set forth below.
W I T N E S S E T H:
Distributor and Authorized Firm agree as follows:
1. Appointment. Distributor, on behalf of the Trust and each Portfolio, hereby authorizes Authorized Firm to provide, or arrange for the provision of, certain administrative, recordkeeping and/or investor services to investors in the Portfolios that are the clients, members, or customers of Authorized Firm. The appointment of Authorized Firm hereunder is non-exclusive, and Authorized Firm recognizes and agrees that, from time to time, Distributor and/or the Trust (or its agents or affiliates) may enter into other agreements with Authorized Firm or other financial intermediaries with respect to the provision of administrative, recordkeeping, investor and/or other services.
Each party may appoint and compensate from their respective resources one or more other entities (each, a delegate) to perform any or all of their respective obligations under this Agreement on a subcontracted basis so long as the party has undertaken commercially reasonable due diligence to ensure the delegate possesses the requisite expertise, personnel and resources to perform such obligations, and obtains a written agreement from the delegate related to the services to be performed in connection with this Agreement. If either party appoints one or more delegates to perform any or all of their respective obligations under this Agreement on a subcontracted basis, the appointing party will remain liable to the other party for the delegated acts and omissions of such delegates as if the appointing party itself performed (or failed to perform) such obligations.
2. Services to be Performed. For the duration of this Agreement, Authorized Firm agrees to use its best efforts, subject to applicable legal and contractual restrictions and in compliance with the procedures described in the prospectus(es) and statement(s) of additional information of the Portfolios, including any supplements or amendments thereto and any summary prospectus(es), as from time to time in effect (collectively, the Prospectus), to provide in respect of investors investing in shares of the Portfolios certain administrative, recordkeeping and/or investor services which may include but are not necessarily limited to: teleservicing support in connection with Portfolios; delivery of current Prospectuses, reports, notices, proxies and proxy statements and other informational materials; facilitation of the tabulation of investors votes in the event of a Trust shareholder vote; receiving, tabulating and transmitting proxies executed by or on behalf of investors; maintenance of investor records reflecting shares purchased and redeemed and share balances, and the conveyance of that information to the Trust or Pacific Investment Management Company LLC (the administrator of the Portfolios) as may be reasonably requested; provision of support services, including providing information about the Trust and its Portfolios and answering questions concerning the Trust and its Portfolios, including questions respecting investors interests in one or more Portfolios; provision and administration of insurance features for the benefit of investors in connection with the Portfolios, which may include fund transfers, dollar cost averaging, asset allocation, portfolio rebalancing, earnings sweep, and pre-authorized deposits and withdrawals; receiving, aggregating and forwarding purchase and redemption orders; acting as the nominee for investors; maintaining account records and providing investors with account statements; processing dividend payments; issuing investor reports and transaction confirmations; providing subaccounting services; general account administration activities; and providing such similar services as the Trust may reasonably request to the
extent the Authorized Firm is permitted to do so under applicable statutes, rules or regulation.
3. Orders and Settlement. Orders submitted by Authorized Firm on behalf of investors shall be accepted or rejected by the Trust (or its agent) in the manner disclosed in the Prospectus, or as otherwise agreed to by the parties. Without limitation of the foregoing, the parties agree that Authorized Firms handling of orders and the settlement of the same are subject to the terms and conditions of the participation agreement dated May 1, 2010, as amended, novated, and/or restated, by and among the Trust, Authorized Firm and others.
4. Compliance with Laws. Authorized Firm agrees that:
(a) in performing its duties under this Agreement, Authorized Firm will abide by all applicable laws, rules and regulations, including, without limitation, federal and state securities laws and regulations, state insurance laws and regulations, and the Employee Retirement Income Security Act of 1974, as amended (ERISA); and
(b) the arrangements provided for in this Agreement, including the compensation arrangements provided for in this Agreement, will be timely disclosed, to the extent necessary or appropriate, by Authorized Firm to investors.
5. Sales Materials. No person is authorized to make any representations concerning shares of the Portfolios except those contained in the then current Prospectus and printed information issued by the Trust or Distributor as explanatory materials and/or information supplemental to each Prospectus. Distributor shall supply or cause to be supplied Prospectuses, reasonable quantities of supplemental sales literature, explanatory materials and additional information as issued. Authorized Firm agrees not to use any other advertising or sales material relating to the Portfolios unless approved in writing by Distributor in advance of such use. Authorized Firm shall not circulate or furnish to any investor any Prospectuses that have been withdrawn or supplemented, except in the latter case with the appropriate supplements. Authorized Firm agrees to indemnify the Portfolios, the Trust and Distributor for any loss, injury, damage, expense or liability arising from or based upon any alleged or untrue statement or representations made by Authorized Firm other than statements contained in the Prospectus or sales literature authorized by the Trust or Distributor. This section shall survive termination of this Agreement.
6. Compensation. In consideration of Authorized Firms provision of the services as described in this Agreement, Distributor agrees, subject to the limitations of applicable law and regulations, including rules of the Financial Industry Regulatory Authority, Inc. (FINRA), to pay Authorized Firm fees (Service Fees) at an annual rate of 0.15% (or such other amount as described in the Prospectus for Administrative Class shares of a Portfolio) of the average of the aggregate net asset value of outstanding Administrative Class shares of a Portfolio serviced by Authorized Firm, measured on each calendar day during each month. Authorized Firm may, in turn, pay any or all of these fees to service providers with whom it has entered into service agreements, with no recourse to
or liability on the part of Distributor, the Trust or any Portfolio. The applicable portion of the Service Fees will be paid by Distributor within twenty (20) days following the end of each calendar month. The parties acknowledge and agree that the Service Fees shall be paid with respect to a Portfolio only so long as this Agreement and the applicable Services Plan are in effect with respect to such Portfolio.
The fee rate with respect to any Portfolio may be prospectively increased or decreased by Distributor, in its sole discretion, at any time upon notice to Authorized Firm.
In addition, Authorized Firm will furnish to Distributor, the Trust and/or its designees such information as Distributor, the Trust and/or its designees may reasonably request (including, without limitation, periodic certifications confirming the rendering of services with respect to shares of the Portfolios as described herein), and will otherwise cooperate with the Trust, Distributor and the designees of either (including, without limitation, any auditors designated by the Trust), in the preparation of reports to the Trusts Board of Trustees concerning this Agreement and the monies paid or payable by Distributor pursuant hereto, as well as any other reports or filings that may be required by law.
7. Representations. Authorized Firm represents and warrants that:
(a) it has full power and authority under applicable law, and has taken all action necessary, to enter into and perform this Agreement;
(b) the performance of the duties and obligations and provision of services by Authorized Firm as described in this Agreement and the receipt of Service Fees as provided in this Agreement will not violate ERISA, the Internal Revenue Code of 1986, as amended, or federal or state securities laws; and
(c) entering into this Agreement and performing its duties and obligations hereunder will not breach or otherwise impair any other agreement or understanding it has with any other person, corporation, or other entity.
8. Term and Termination.
This Agreement is entered into by Distributor in accordance with the terms of the applicable Services Plan(s). Accordingly, unless sooner terminated by either party upon thirty (30) days written notice to the other party or otherwise in accordance with the terms of this Section 8, this Agreement will continue in effect until one year from the date hereof and thereafter for successive annual periods, provided that such continuance is specifically approved at least annually by votes of a majority of both (i) the Board of Trustees of the Trust and (ii) those Trustees of the Trust who are not interested persons (as defined in the 1940 Act) and have no direct or indirect financial interest in the operation of the applicable Services Plan(s) or any agreements related to it (Plan Trustees), cast in person at a meeting called for the purpose of voting on the applicable Services Plan(s) and such related agreements.
This Agreement may be terminated, with respect to a Portfolio, at any time without the payment of any penalty, by vote of a majority of the applicable Plan Trustees or by vote of a majority of a Portfolios Administrative Class shares, on thirty (30) days written notice. Notice of termination (or non-renewal) of the applicable Services Plan(s) by the applicable Plan Trustees to Distributor shall constitute a notice of termination of this Agreement with respect to the Trust and Distributor shall notify Authorized Firm of such action. Termination (or non-renewal) of one Trusts Services Plan shall not result in termination of this Agreement with respect to the other Trust.
This Agreement shall terminate automatically in the event of its assignment, as defined in the 1940 Act, or upon Authorized Firm violating any anti-bribery and corruption laws or engaging in any other unlawful conduct referenced in Section 11.
9. Governing Law; FINRA Arbitration. This Agreement shall be construed and the provisions thereof interpreted under and in accordance with the laws of the State of New York applicable to agreements fully executed and to be performed therein, without regard to its conflicts of law rules. If a dispute arises between parties hereto that are members of FINRA, and such parties are unable to resolve the dispute between themselves, it shall be settled by arbitration to the extent required by and in accordance with the then existing FINRA Code of Arbitration Procedure.
10. Exculpation; Indemnification.
(a) Distributor shall not be liable to Authorized Firm and Authorized Firm shall not be liable to Distributor except for acts or failures to act which constitute lack of good faith or gross negligence and for obligations expressly assumed by either party hereunder. Nothing contained in this Agreement is intended to operate as a waiver by Distributor or by Authorized Firm of compliance with any applicable federal or state law, rule, or regulation and the rules and regulations promulgated by FINRA.
(b) Authorized Firm will indemnify Distributor and the Trust and hold each harmless from any claims or assertions relating to the lawfulness of Authorized Firms participation in this Agreement and the transactions contemplated hereby or relating to any activities of any persons serving as officers or employees of Authorized Firm and performed in connection with the discharge of its responsibilities under this Agreement. If any such claims are asserted, the Distributor and the Trust shall have the right to manage its own defense, including the selection and engagement of legal counsel of its choosing, and all reasonable costs of such defense shall be borne by Authorized Firm. This paragraph shall survive termination of this Agreement.
11. Anti-Money Laundering; Sanctions; Anti-Corruption.
(a) Authorized Firm represents and warrants that it has implemented, and agrees to maintain an anti-money laundering program reasonably designed to comply with all applicable anti-money laundering laws and regulations, including but not limited to the Bank Secrecy Act of 1970 and the USA PATRIOT Act of 2001 (the USA PATRIOT Act), each as amended from time to time, and any rules adopted thereunder and/or any
applicable anti-money laundering laws and regulations of other jurisdictions where Authorized Firm conducts business, and any rules adopted thereunder or guidelines issued, administered or enforced by any governmental agency (collectively, the Anti-Money Laundering Laws). Authorized Firm further represents and warrants that its anti-money laundering program includes written policies, a designated Compliance Officer, ongoing training for employees, procedures for detecting and reporting suspicious transactions, and an independent audit to test the implementation of the program.
(b) Authorized Firm represents and warrants that it has policies, procedures and internal controls in place which are reasonably designed so that neither it, nor any of its subsidiaries, nor any officer, director, or employee of it or its subsidiaries is an individual or entity (Person) that is, or is controlled by a Person that is (i) the subject of any sanctions administered or enforced by the U.S. Department of Treasurys Office of Foreign Assets Control (OFAC), the United Nations Security Council (UNSC), the European Union (EU), Her Majestys Treasury (HMT), or other relevant sanctions authority (collectively, Sanctions); or (ii) located, organized or resident in a country or territory that is the subject of Sanctions. Further, Authorized Firm will continue to undertake appropriate due diligence to ensure that neither the Authorized Firm nor any Person is subject to Sanctions. Authorized Firm further represents that the foregoing policy prohibits the Authorized Firm and its officers, directors, employees and other representatives from soliciting or focusing its marketing effort directly or indirectly to any Person who is subject to Sanctions. Authorized Firm acknowledges its ongoing and continuing obligations to comply with the applicable Sanctions. Authorized Firm will provide reasonable assistance to the other parties hereto in connection with their respective obligations under the applicable Sanctions.
(c) Authorized Firm represents, warrants, and covenants that (i) its officers, directors, employees, agents and other representatives (together with Authorized Firm, each a Relevant Person) are subject to written policies and procedures relating to anti-bribery and anti-corruption, and shall not commit, authorize or permit any action that would cause any Relevant Person to be in violation of any applicable anti-bribery and corruption laws (such as the U.S. Foreign Corrupt Practices Act and/or the UK Bribery Act, in each case, if applicable); (ii) in connection with any services provided in connection with this Agreement, the Relevant Persons have not taken nor will they take any actions in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving anything of value to, nor have the Relevant Persons received, nor will they receive, any payment or anything of value from, any person (whether directly or indirectly) while knowing that all or some portion of the money or value will be offered, given, promised or received by anyone improperly to influence official action, improperly to obtain or retain business or otherwise secure an illegal advantage; and (iii) it shall create and maintain accurate books and financial records in connection with the services performed under this Agreement. Authorized Firm shall promptly notify Distributor if a Relevant Person becomes aware of any breach of this provision, and Distributor may terminate this Agreement with immediate effect in the event of such breach by any Relevant Person.
12. Privacy. Authorized Firm represents and warrants that it shall comply with any applicable privacy provisions of Title V of the Gramm-Leach-Bliley Act, 15 U.S.C.
§§ 6801 et seq., as may be amended from time to time, and any regulations adopted thereto, including Regulation S-P of the Securities and Exchange Commission, as well as with any other applicable federal or state privacy laws and regulations, including but not limited to (as applicable) the Massachusetts Standards for the Protection of Personal Information, 201 CMR 17.00, et seq. Authorized Firm shall implement and maintain appropriate security measures for personal information in accordance with applicable laws, rules and regulations. Authorized Firm agrees that any Non-Public Personal Information, as the term is defined in Regulation S-P, that may be disclosed hereunder is disclosed for the specific purpose of permitting the Authorized Firm to perform the services set forth in this Agreement. Authorized Firm acknowledges that, with respect to such information, it will comply with Regulation S-P and that it will not disclose any Non-Public Personal Information received in connection with this Agreement to any other person, except: (i) to the extent required to carry out the services set forth in this Agreement; (ii) as otherwise required or permitted by law or regulation; or (iii) as requested by any regulatory body or governmental agency or body having jurisdiction over Authorized Firm.
13. Business Continuity. Authorized Firm shall establish, implement and maintain an adequate business continuity policy aimed at ensuring, in the case of an interruption to its systems and procedures, the preservation of essential data and functions, and the maintenance of services and activities, or, where that is not possible, the timely recovery of such data and functions and the timely resumption of its services and activities. Authorized Firm shall maintain a log of all business continuity events. In the event that a material business continuity event occurs, Authorized Firm shall advise the Distributor promptly of such event and the steps proposed in order to minimize any interruption to its services hereunder.
14. Records. Each party shall maintain and preserve all records required by law, rule and regulation to be maintained and preserved in connection with the activities contemplated herein. A party hereto may request of another party, and the requested party shall provide as reasonable, copies of all the historical records relating to transactions contemplated herein, written communications regarding the Funds to or from investors, and other materials reasonably related to transactions contemplated herein. In addition, Company shall provide representatives of Distributor and the Trust with reasonable access to its personnel and its records to: (i) enable them to monitor the quality of services being provided by Company pursuant to this Agreement and Companys compliance with this Agreement and applicable law, rule and regulation and (ii) verify amounts payable or owed under this or any related Agreement. The parties shall cooperate in good faith in providing records to one another.
15. Notices. Each notice required by this Agreement shall be given in writing and delivered personally or mailed by certified mail or courier service or sent by facsimile to the partys address identified on the signature page to this Agreement or such other address as each party may by written notice provide to the other. A notice given pursuant to this section shall be deemed to have been given immediately when delivered personally or by facsimile, three (3) days after the date of certified mailing, and one (1) day after delivery by overnight courier service.
16. Complete Agreement. This Agreement contains the full and complete understanding of the parties and supersedes all prior representations, promises, statements, arrangements, agreements, warranties and understandings between the parties with respect to the subject matter hereof, whether oral or written, express or implied.
17. Amendment. This Agreement may be modified or amended, and the terms of this Agreement may be waived, only in writing with the consent of both parties. In this regard, this Agreement may be amended by Distributor (but not by Authorized Firm) at any time by mailing a copy of a written amendment to Authorized Firm at the address shown below. In the absence of written objection to such amendment, continued performance by Authorized Firm under this Agreement shall constitute Authorized Firms consent to such written amendment.
18. Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same Agreement.
IN WITNESS WHEREOF, the undersigned have executed this Agreement by their duly authorized officers as of the date and year first written above.
PIMCO Investments LLC |
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/s/ Eric M. Sutherland |
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Address for Notices: | |
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Name: Eric M. Sutherland |
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PIMCO Investments LLC | |
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Title: President |
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Attn: Chief Legal Officer | |
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1633 Broadway, 45th Floor | ||
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New York, NY 10019 | ||
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Pacific Select Distributors, LLC |
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By: |
/s/ Adrian S. Griggs |
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Address for Notices: | |
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Name: Adrian S. Griggs |
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Pacific Select Distributors, LLC | |
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Title: Chief Executive Officer |
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700 Newport Center Drive | |
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Newport Beach, CA 92660 | ||
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Attention: General Counsel | |
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/s/ Brandon J. Cage |
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Brandon J. Cage, Assistant Secretary |
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Exhibit 99.(hhh)
PIMCO SERVICES AGREEMENT
FOR ADMINISTRATIVE CLASS SHARES
OF PIMCO VARIABLE INSURANCE TRUST
The terms and conditions of this Services Agreement between Pacific Investment Management Company LLC (PIMCO), Pacific Life Insurance Company, and Pacific Life & Annuity Company (hereinafter collectively referred to as the Company) are effective as of April 1, 2018.
WHEREAS, the Company, PIMCO Investments LLC, and PIMCO Variable Insurance Trust (PVIT) (the Trust) have entered into a Fund Participation Agreement dated May 1, 2010, as may be amended from time to time (the Participation Agreement), pursuant to which the Company, on behalf of certain of its separate accounts (the Separate Accounts), purchases Administrative Class shares (Shares) of certain Portfolios of the Trust (Portfolios) to serve as an investment vehicle under certain variable annuity and/or variable life insurance contracts (Variable Contracts) offered by the Company, which Portfolios may be one of several investment options available under the Variable Contracts; and
WHEREAS, PIMCO recognizes that it will derive substantial savings in administrative expenses by virtue of having a sole shareholder rather than multiple shareholders in connection with each Separate Accounts investments in the Portfolios, and that in the course of soliciting applications for Variable Contracts issued by the Company and in servicing owners of such Variable Contracts, the Company will provide information about the Trust and its Portfolios from time to time, answer questions concerning the Trust and its Portfolios, including questions respecting Variable Contract owners interests in one or more Portfolios, and provide services with respect to investments in the Portfolios; and
WHEREAS, PIMCO wishes to compensate the Company for the efforts of the Company in providing written and oral information and services regarding the Trust to Variable Contract owners; and
WHEREAS, the following represents the collective intention and understanding of the fee agreement between PIMCO and the Company.
NOW, THEREFORE, in consideration of their mutual promises, the Company and PIMCO agree as follows:
1. Services. The Company and/or its affiliates agree to provide services (Services) to owners of Variable Contracts, which may include but are not necessarily limited to: teleservicing support in connection with the Portfolios; delivery of current Trust prospectuses, reports, notices, proxies and proxy statements and other informational materials; facilitation of the tabulation of Variable Contract owners votes in the event of a Trust shareholder vote; maintenance of Variable Contract records reflecting Shares purchased and redeemed and Share balances, and the conveyance of that information to the
applicable Trust or PIMCO as may be reasonably requested; provision of support services, including providing information about the Trust and its Portfolios and answering questions concerning the Trust and its Portfolios, including questions respecting Variable Contract owners interests in one or more Portfolios; provision and administration of Variable Contract features for the benefit of Variable Contract owners in connection with the Portfolios, which may include fund transfers, dollar cost averaging, asset allocation, portfolio rebalancing, earnings sweep, and pre-authorized deposits and withdrawals; and provision of other services as may be agreed upon from time to time. Company shall not circulate or furnish to any investor any Prospectuses that have been withdrawn or supplemented, except in the latter case with the appropriate supplements.
2. Compensation. In consideration of the Services, PIMCO agrees to pay to the Company a fee at an annual rate equal to fifteen (15) basis points (0.15%) of the average daily value of the Shares held in the Separate Accounts. Such payments will be made monthly in arrears. For purposes of computing the payment to the Company under this paragraph 2, the average daily value of Shares held in the Separate Accounts over a monthly period shall be computed by totaling such Separate Accounts aggregate investment (Share net asset value multiplied by total number of Shares held by such Separate Accounts) on each calendar day during the calendar month, and dividing by the total number of calendar days during such month. The payment to the Company under this paragraph 2 shall be calculated by PIMCO at the end of each calendar month and will be paid to the Company within 30 days thereafter. Payment will be accompanied by a statement showing the calculation of the monthly amounts payable by PIMCO and such other supporting data as may be reasonably requested by the Company.
3. Compliance with Laws. The Company agrees that:
(a) in performing its duties under this Services Agreement, the Company will abide by all applicable laws, including, without limitation, federal and state securities laws and regulations, state insurance laws and regulations, and the Employee Retirement Income Security Act of 1974; and
(b) the arrangements provided for in this Services Agreement, including the compensation arrangements provided for in this Services Agreement, will be timely disclosed, to the extent necessary or appropriate, to Variable Contract owners.
4. Anti-Money Laundering.
(a) Company represents and warrants that it has implemented, and agrees to maintain an anti-money laundering program reasonably designed to comply with all applicable anti-money laundering laws and regulations, including but not limited to the Bank Secrecy Act of 1970 and the USA PATRIOT Act of 2001 (the USA PATRIOT Act), each as amended from time to time, and any rules adopted thereunder and/or any applicable anti-money laundering laws and regulations of other jurisdictions where Company conducts business, and any rules adopted thereunder or guidelines issued, administered or enforced by any governmental agency (collectively, the Anti-Money Laundering Laws). Company further represents and warrants that its anti-money
laundering program includes written policies, a designated Compliance Officer, ongoing training for employees, procedures for detecting and reporting suspicious transactions, and an independent audit to test the implementation of the program.
(b) Company represents and warrants that it has policies, procedures and internal controls in place which are reasonably designed so that neither it, nor any of its subsidiaries, nor any officer, director, or employee of it or its subsidiaries is an individual or entity (Person) that is, or is controlled by a Person that is (i) the subject of any sanctions administered or enforced by the U.S. Department of Treasurys Office of Foreign Assets Control (OFAC), the United Nations Security Council (UNSC), the European Union (EU), Her Majestys Treasury (HMT), or other relevant sanctions authority (collectively, Sanctions); or (ii) located, organized or resident in a country or territory that is the subject of Sanctions. Further, Company will continue to undertake appropriate due diligence to ensure that neither the Company nor any Person is subject to Sanctions. Company further represents that the foregoing policy prohibits the Company and its officers, directors, employees and other representatives from soliciting or focusing its marketing effort directly or indirectly to any Person who is subject to Sanctions. Company acknowledges its ongoing and continuing obligations to comply with the applicable Sanctions. Company will provide reasonable assistance to the other parties hereto in connection with their respective obligations under the applicable Sanctions.
(c) Company represents, warrants, and covenants that (i) its officers, directors, employees, agents and other representatives (together with Company, each a Relevant Person) are subject to written policies and procedures relating to anti-bribery and anti-corruption, and shall not commit, authorize or permit any action that would cause any Relevant Person to be in violation of any applicable anti-bribery and corruption laws (such as the U.S. Foreign Corrupt Practices Act and/or the UK Bribery Act, in each case, if applicable); (ii) in connection with any services provided in connection with this Agreement, the Relevant Persons have not taken nor will they take any actions in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving anything of value to, nor have the Relevant Persons received, nor will they receive, any payment or anything of value from, any person (whether directly or indirectly) while knowing that all or some portion of the money or value will be offered, given, promised or received by anyone improperly to influence official action, improperly to obtain or retain business or otherwise secure an illegal advantage; and (iii) it shall create and maintain accurate books and financial records in connection with the services performed under this Agreement. Company shall promptly notify PIMCO if a Relevant Person becomes aware of any breach of this provision, and PIMCO may terminate this Agreement with immediate effect in the event of such breach by any Relevant Person.
5. Term. This Services Agreement shall remain in full force and effect for an initial term of one year, and shall automatically renew for successive one year periods. This Services Agreement may be terminated by either party hereto upon 30 days written notice to the other. This Services Agreement shall terminate automatically: (i) upon termination of the Participation Agreement, upon a material, unremedied breach of the Participation Agreement or upon assignment of the Participation Agreement by either the Company or PIMCO; (ii) with respect to a Trust, upon the redemption of all Shares of such
Trust held in the Separate Accounts; (iii) as to a Portfolio, upon termination of the investment advisory agreement between the applicable Trust, on behalf of such Portfolio, and PIMCO; and (iv) upon Company violating any anti-bribery and corruption laws or engaging in any other unlawful conduct referenced in Section 4. Termination of this Services Agreement with respect to a Portfolio pursuant to section 5(ii) or (iii) above shall not result in termination with respect to the Trust or other Portfolios, as applicable.
6. Amendment. This Services Agreement may be amended only upon mutual agreement of the parties hereto in writing. In this regard, this Services Agreement may be amended by PIMCO (but not by the Company) at any time by mailing a copy of a written amendment to the Company. In the absence of written objection to such amendment, continued performance by the Company under this Services Agreement shall constitute Companys consent to such written amendment.
7. Business Continuity. Company shall establish, implement and maintain an adequate business continuity policy aimed at ensuring, in the case of an interruption to its systems and procedures, the preservation of essential data and functions, and the maintenance of services and activities, or, where that is not possible, the timely recovery of such data and functions and the timely resumption of its services and activities. Company shall maintain a log of all business continuity events. In the event that a material business continuity event occurs, Company shall advise PIMCO promptly of such event and the steps proposed in order to minimize any interruption to its services hereunder.
8. Each party shall maintain and preserve all records required by law, rule and regulation to be maintained and preserved in connection with the activities contemplated herein. A party hereto may request of another party, and the requested party shall provide as reasonable, copies of all the historical records relating to transactions contemplated herein, written communications regarding the Funds to or from owners of Variable Contracts, and other materials reasonably related to transactions contemplated herein. In addition, Company shall provide representatives of PIMCO and the Trust with reasonable access to its personnel and its records to: (i) enable them to monitor the quality of services being provided by Company pursuant to this Agreement and Companys compliance with this Agreement and applicable law, rule and regulation and (ii) verify amounts payable or owed under this or any related Agreement. The parties shall cooperate in good faith in providing records to one another.
9. Effect on Other Terms, Obligations and Covenants. Nothing herein shall amend, modify or supersede any contractual terms, obligations or covenants among or between any of the Company, PIMCO or any Trust previously or currently in effect, including those contractual terms, obligations or covenants contained in the Participation Agreement.
IN WITNESS WHEREOF, the parties have caused their duly authorized officers to execute this Services Agreement.
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PACIFIC INVESTMENT MANAGEMENT COMPANY LLC | ||
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By: |
/s/ Eric M. Sutherland | |
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Name: Eric M. Sutherland | |
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Title: President | |
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Date: April 23, 2018 | |
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PACIFIC LIFE INSURANCE COMPANY | ||
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By: |
/s/ Jose T. Miscolta | |
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Name: Jose T. Miscolta | |
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Title: Assistant Vice President | |
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Date: | |
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Attest: |
/s/ Brandon J. Cage |
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Brandon J. Cage, Assistant Secretary |
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PACIFIC LIFE & ANNUITY COMPANY | ||
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By: |
/s/ Jose T. Miscolta | |
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Name: Jose T. Miscolta | |
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Title: Assistant Vice President | |
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Date: | |
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Attest: |
/s/ Brandon J. Cage |
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Brandon J. Cage, Assistant Secretary |
Exhibit 99.(oo)(3)
THIRD AMENDMENT TO
PARTICIPATION AGREEMENT
This Amendment is dated this 1st day of May, 2018.
WHEREAS, Pacific Life Insurance Company and Pacific Life & Annuity Company (collectively the Company), Pacific Select Distributors, LLC (PSD), Ivy Distributors, Inc. (IDI) and Ivy Variable Insurance Portfolios (Ivy VIP) entered into said Participation Agreement dated May 1, 2014, as amended (the Agreement); and
WHEREAS, effective April 28, 2017, Ivy VIP began offering a new share class of certain Portfolios;
WHEREAS, the parties desire to amend Exhibit C to the Agreement.
NOW THEREFORE, in consideration of the mutual covenants hereinafter set forth, and intending to be legally bound, the parties do hereby agree to the following amendment(s) to the Agreement:
1. Effective April 28, 2017, Ivy VIP began offering Class I shares of certain Portfolios and Class II shares of each Portfolio.
2. Exhibit C to the Agreement is hereby deleted in its entirety and replaced with the new Exhibit C, attached hereto.
3. All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.
IN WITNESS WHEREOF, the undersigned have executed this Amendment as of the date first above written.
IVY DISTRIBUTORS, INC. |
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IVY VARIABLE INSURANCE PORTFOLIOS |
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/s/ Amy J. Scupham |
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/s/ Philip J. Sanders |
By: Amy J. Scupham |
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By: Philip J. Sanders |
Title: President |
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Title: President |
PACIFIC LIFE INSURANCE COMPANY |
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PACIFIC LIFE & ANNUITY COMPANY |
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/s/ Sharon A. Campbell |
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/s/ Sharon A. Campbell |
By: Sharon A. Campbell |
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By: Sharon A. Campbell |
Title: Assistant Vice President |
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Title: Assistant Vice President |
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/s/ Brandon J. Cage |
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/s/ Brandon J. Cage |
Attest: Brandon J. Cage |
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Attest: Brandon J. Cage |
Title: Assistant Secretary |
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Title: Assistant Secretary |
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PACIFIC SELECT DISTRIBUTORS, LLC |
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/s/ Adrian S. Griggs |
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By: Adrian S. Griggs |
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Title: Chief Executive Officer |
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/s/ Brandon J. Cage |
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Attest: Brandon J. Cage |
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Title: Assistant Secretary |
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EXHIBIT C
Company shall provide the administrative services set out in Schedule A hereto and made a part hereof, as the same may be amended from time to time.
(a) For such services, each quarter IDI shall calculate and pay to PSD a fee that shall be equal to:
i. Class II Shares: bps, on an annualized basis, of the average daily account value of all assets in the Portfolios in connection with the Contracts held in Class II shares (Aggregated Assets); provided, however, that the fee is subject to change pursuant to Paragraph (c) below. The fee (the Total Fee) shall include and not be in addition to the payment by IDI of the 12b-1 fees received by IDI from Ivy VIP relating to the Aggregated Assets.
(b) For such services, each quarter IDI shall calculate and pay to Company a fee that shall be equal to:
i. Class I Shares: bps, on an annualized basis, of the Aggregated Assets of the Contracts held in Class I shares.
ii. Class II Shares: bps, on an annualized basis, of the Aggregated Assets of the Contracts held in Class II shares.
(c) Reductions in 12b-1 Fees. If a change in the law or the Board of Trustees of Ivy VIP requires a reduction in the fees paid by a pooled investment vehicle pursuant to Rule 12b-1 of the Investment Company Act of 1940 (or its functional equivalent), and if Ivy VIP is required to reduce the 12b-1 fees it pays that are based upon the value of the Aggregated Assets as a result of such change in the law or Board action, then there shall be a corresponding reduction in the amount of the Total Fee due pursuant to the above.
The parties to this Agreement recognize and agree that IDIs payments hereunder are for administrative services and personal Contract Owner services (as described in Schedule A) only and do not constitute payment in any manner for investment advisory services or for costs of distribution of Contracts or of Portfolio shares, and are not otherwise related to investment advisory or distribution services or expenses. The Company represents and warrants that the fees to be paid by IDI for services to be rendered by Company pursuant to the terms of this Agreement are to compensate Company for providing administrative services to Ivy Funds VIP and for providing personal services to Contract Owners as described in Schedule A, and are not designed to reimburse or compensate Company for providing any other services with respect to the Contracts or any Variable Account.