ADDENDUM TO THE
INVESTMENT ADVISORY CONTRACT
This Addendum to the Investment Advisory Contract dated __________, as
supplemented from time-to-time (the "Contract"), between Pacific Investment
Management Company ("PIMCO") and PIMCO Variable Insurance Trust (the "Trust") is
effective as of April 1, 2000. Capitalized terms not otherwise defined herein
shall have the meanings ascribed to them in the Contract.
WHEREAS, PIMCO and the Trust have entered into the Contract for PIMCO to
provide to the Trust investment advisory services as specified in the Contract;
WHEREAS, the Trust, effective April 1, 2000, may offer shares of its
Portfolios in two classes, designated "Institutional Class" shares and
"Administrative Class" shares;
WHEREAS, PIMCO and the Trust have agreed to modify the advisory fee rates
as set forth in the Contract;
NOW, THEREFORE, in consideration of their mutual promises, PIMCO and the
Trust agree that the advisory fee rates set forth in Section 7 the Contract be
amended to read as follows:
Portfolio Fee Rate
--------- ---------------------
Money Market 0.15%
Short-Term Bond 0.25%
Low Duration Bond 0.25%
Real Return Bond 0.25%
Total Return Bond 0.25%
Total Return Bond II 0.25%
High Yield Bond 0.25%
Long-Term U.S. Government Bond 0.25%
Global Bond 0.25%
Foreign Bond 0.25%
Emerging Markets Bond 0.45%
Strategic Balanced 0.40%
StockPLUS Growth & Income 0.40%
This Addendum may be executed simultaneously in two or more counterparts,
each of which taken together shall constitute one and the same instrument.
PACIFIC INVESTMENT MANAGEMENT COMPANY
____________________________________________
By:
Title:
Date:
PIMCO Variable Insurance Trust
____________________________________________
By:
Title:
Date: