Common use of Payment of Additional Compensation Clause in Contracts

Payment of Additional Compensation. (a) PIMCO Advisors shall pay the Additional Compensation, quarterly in arrears, to each Class I Qualifying Underwriter in an amount equal to the product of such Qualifying Underwriter's Pro Rata Percentage multiplied by 0.0250% of the aggregate average daily total managed assets of the Fund for such quarter. (b) PIMCO Advisors shall pay the Additional Compensation, quarterly in arrears, to each Class II Qualifying Underwriter in an amount equal to the product of such Qualifying Underwriter's Pro Rata Percentage multiplied by 0.0375% of the aggregate average daily total managed assets of the Fund for such quarter. (c) All fees payable hereunder shall be paid to each Qualifying Underwriter by wire transfer of immediately available funds within 15 days following the end of each calendar quarter to a bank account designated by such Qualifying Underwriter. At the time of each payment of Additional Compensation hereunder, PIMCO Advisors shall deliver to each Qualifying Underwriter receiving an installment of Additional Compensation a statement indicating the amount of the aggregate average daily total managed assets of the Fund for such quarter (including assets attributable to any preferred shares or other financial leverage of the Fund that may be outstanding) on which such payment was based.

Payment of Additional Compensation. (a) PIMCO Advisors ▇▇▇▇▇ ▇▇▇▇▇ shall pay the Additional Compensation, quarterly in arrears, to each Class I Qualifying Underwriter in an amount equal to the product of such Qualifying Underwriter's Pro Rata Percentage multiplied by 0.0250% of the aggregate average daily total managed gross assets of the Fund for such quarter. (b) PIMCO Advisors ▇▇▇▇▇ ▇▇▇▇▇ shall pay the Additional Compensation, quarterly in arrears, to each Class II Qualifying Underwriter in an amount equal to the product of such Qualifying Underwriter's Pro Rata Percentage multiplied by 0.0375% of the aggregate average daily total managed gross assets of the Fund for such quarter. (c) All fees payable hereunder shall be paid to each Qualifying Underwriter by wire transfer of immediately available funds within 15 days following the end of each calendar quarter to a bank account designated by such Qualifying Underwriter. At the time of each payment of Additional Compensation hereunder, PIMCO Advisors ▇▇▇▇▇ ▇▇▇▇▇ shall deliver to each Qualifying Underwriter receiving an installment of Additional Compensation a statement indicating the amount of the of the aggregate average daily total managed assets gross asset value of the Fund for such quarter (including assets attributable to any preferred shares or other financial leverage of the Fund that may be outstanding) on which such payment was based. (d) The initial payments of Additional Compensation hereunder shall be paid with respect to the calendar quarter ending June 30,

Payment of Additional Compensation. (a) PIMCO Advisors The Investment Adviser shall pay the Additional Compensation, quarterly in arrears, to each Class I Qualifying Underwriter in an amount equal to the product of such Qualifying Underwriter's Pro Rata Percentage multiplied by 0.0250% of the aggregate average daily total managed weekly gross assets of the Fund for such quarter. (b) PIMCO Advisors The Investment Adviser shall pay the Additional Compensation, quarterly in arrears, to each Class II Qualifying Underwriter in an amount equal to the product of such Qualifying Underwriter's Pro Rata Percentage multiplied by 0.0375% of the aggregate average daily total managed weekly gross assets of the Fund for such quarter. (c) All fees payable hereunder shall be paid to each Qualifying Underwriter by wire transfer of immediately available funds within 15 days following the end of each calendar quarter to a bank account designated by such Qualifying Underwriter. At the time of each payment of Additional Compensation hereunder, PIMCO Advisors the Investment Adviser shall deliver to each Qualifying Underwriter receiving an installment of Additional Compensation a statement indicating the amount of the of the aggregate average daily total managed assets weekly gross asset value of the Fund for such quarter (including assets attributable to any preferred shares or other financial leverage of the Fund that may be outstanding) on which such payment was based.