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Nicholas-Applegate Institutional Investors Fund, LLC ("Company")
on behalf of the
Nicholas-Applegate Emerging Countries Series ("Emerging Countries Series")
600 West Broadway
30th Floor
San Diego, CA 92101
June __, 2000
Brown Brothers Harriman & CO.
70 Water Street
Boston, MA 02109
Ladies and Gentlemen:
Reference is made to the Administration and Fund Accounting Agency
Agreement between Nicholas-Applegate Institutional Funds and Brown Brothers
Harriman & Co. dated May 1, 1999, as amended ("Agreement").
Pursuant to Section 10 of the Agreement we wish to amend the
Agreement to add the Company, on behalf of the Emerging Countries Series, as
a party to the Agreement. The full list of series of the Nicholas-Applegate
Institutional Fund and the series of the Company covered by the Agreement,
under Appendix C of the Agreement, is hereby amended as attached to this
Letter Agreement.
We also wish to amend the Agreement to interpret the use of the
term "Fund" or "the Fund" to mean "Fund and Company" or "the Fund and the
Company."
Please indicate your acceptance of this amendment to the Agreement
and Appendix C thereof by signing this Letter Agreement below and returning a
copy to us. Thank you for your assistance regarding this matter.
Sincerely,
E. Blake Moore, Jr.
Secretary
AGREED:
Brown Brothers Harriman & Co.
By:
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Title:
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APPENDIX "C"
TO
THE ADMINISTRATION AND FUND ACCOUNTING AGENCY AGREEMENT ("Agreement")
BETWEEN
NICHOLAS-APPLEGATE INSTITUTIONAL FUNDS ("Institutional Funds")
AND
NICHOLAS-APPLEGATE INSTITUTIONAL INVESTORS FUND, LLC ("Company")
AND
BROWN BROTHERS HARRIMAN & CO. ("Delegate")
DATED AS OF JUNE __, 2000
THE FOLLOWING IS A LIST OF THE SERIES OF THE INSTITUTIONAL FUNDS FOR WHICH THE
DELEGEE SHALL SERVE AS ADMINISTRATOR AND ACCOUNTING AGENT UNDER THE AGREEMENT:
Nicholas-Applegate Worldwide Growth Fund
Nicholas-Applegate Global Blue Chip Fund
Nicholas-Applegate Global Growth & Income Fund
Nicholas-Applegate Global Technology Fund
Nicholas-Applegate International Core Growth Fund
Nicholas-Applegate International Small Growth Fund
Nicholas-Applegate Emerging Countries Fund
Nicholas-Applegate Pacific Rim Fund
Nicholas-Applegate Latin America Fund
Nicholas-Applegate Large Cap Growth Fund
Nicholas-Applegate Mid Cap Growth Fund
Nicholas-Applegate Small Cap Growth Fund
Nicholas-Applegate Mini Cap Growth Fund
Nicholas-Applegate Value Fund
Nicholas-Applegate Convertible Fund
Nicholas-Applegate Short Intermediate Fund
Nicholas-Applegate High Quality Bond Fund
Nicholas-Applegate High Yield Bond Fund
Nicholas-Applegate Global Health Care Fund
THE FOLLOWING IS A LIST OF SERIES OF THE COMPANY FOR WHICH THE DELEGATE SHALL
SERVE AS ADMINISTRATOR AND ACCOUNTING AGENT UNDER THE AGREEMENT:
Nicholas-Applegate Emerging Countries Series
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IN WITNESS WHEREOF, EACH OF THE PARTIES HERETO HAVE CAUSED THIS APPENDIX TO
BE EXECUTED IN ITS NAME AND ON BEHALF OF EACH SUCH FUND OR SERIES AS INDICATED.
NICHOLAS-APPLEGATE INSTITUTIONAL
INVESTORS FUND, LLC (ON BEHALF OF
THE NICHOLAS-APPLEGATE EMERGING
COUNTRIES SERIES)
BY:
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NICHOLAS-APPLEGATE INSTITUTIONAL
FUNDS ON (BEHALF OF EACH OF THE
FUNDS LISTED ABOVE) BROWN BROTHERS HARRIMAN & CO.
BY: BY:
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E. BLAKE MOORE, JR. NAME:
SECRETARY ----------------------------
TITLE:
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