Exhibit h.5 PIMCO California Municipal Income Fund III Auction Preferred Shares Par Value $0.00001 Per Share UNDERWRITING AGREEMENT December 17, 2002 UNDERWRITING AGREEMENTUnderwriting Agreement • December 17th, 2002 • Pimco California Municipal Income Fund Iii • New York
Exhibit h.4 Master Agreement Among Underwriters UBS Warburg LLC 299 Park Avenue New York, New York 10171-0026 Ladies and Gentlemen: We hereby agree that this Master Agreement Among Underwriters (this "Agreement") will apply to our participation in...Master Agreement • December 17th, 2002 • Pimco California Municipal Income Fund Iii • New York
