Common use of CDSC Clause in Contracts

CDSC. We shall be entitled to any contingent deferred sales charges (“CDSC”) on any shares sold. If any CDSC is waived for certain partial or complete redemptions as described in the applicable Prospectus, then in any such case you shall remit to us promptly an amount equal to the commission or distribution and/or service fee paid by us to you on such shares when initially sold less an adjustment equal to the payments received by us on such shares pursuant to the distribution and/or service plans described in Section 15 hereof. This shall exclude waivers due to death or permanent disability, as described in the applicable Pacific Life Funds Prospectus.