Document:

<PAGE>

Exhibit 4.(i)(2)
                                           [LOGO] PACIFIC LIFE
                                                  Pacific Life Insurance Company
                                                  700 Newport Center Drive
                                                  Newport Beach, CA 92660

                           PREMIER DEATH BENEFIT RIDER

This Rider is part of your Contract and should be attached to it.
Notwithstanding any provision of your Contract to the contrary, the provisions
of this Rider shall prevail over the provisions of your Contract.

You have elected the Premier Death Benefit Rider ("PDBR"). The Mortality and
Expense Risk Charge shown in the Contract Specifications reflects an increase to
the annual rate equal to 0.35% for expenses related to the PDBR. The Risk Charge
will be charged daily against assets held in your Variable Investment
Options(s). The Risk Charge is guaranteed not to increase.

This PDBR may be elected only at the Contract Date and will remain in effect
until the earlier of (a) a full withdrawal of the amount available for
withdrawal under the Contract, (b) when death benefit proceeds becomes payable
under the Contract, (c) any termination of the Contract in accordance with the
provisions of the Contract, or (d) the Annuity Date. This PDBR may only be
elected if the Age of each Annuitant is 75 years or younger on the Contract
Date.

The DEATH BENEFIT AMOUNT section under the DEATH BENEFIT provision of your
Contract is replaced in its entirety as follows:

DEATH BENEFIT AMOUNT - The Death Benefit Amount as of any Business Day prior to
your Annuity Date is equal to the greater of:

         a) your Contract Value as of that day; or

         b) your aggregate Purchase Payments less an adjusted amount for each
            withdrawal, increased at an effective annual rate of 6% to that day,
            subject to a maximum of two times the difference between the
            aggregate Purchase Payments and withdrawals, including withdrawal
            charges. The 6% effective annual rate of growth will take into
            account the timing of when each Purchase Payment and withdrawal
            occurred by applying a daily factor of 1.000159654 to each day's
            balance. The 6% effective annual rate of growth will stop accruing
            as of the earlier of: (1) the Contract Anniversary following the
            date the Annuitant reaches his or her 80th birthday; (2) the date
            of death of the sole Annuitant; or (3) the Annuity Date.

         To determine the adjusted amount for each withdrawal: (i) We divide the
         amount of each withdrawal, including withdrawal charges, if any, by
         your Contract Value immediately before that withdrawal; and (ii) we
         then multiply the result by your Death Benefit Amount (as described in
         section (b) of this Death Benefit Amount section), immediately before
         that withdrawal.

A section entitled GUARANTEED MINIMUM DEATH BENEFIT ("GMDB") AMOUNT is added
after the DEATH BENEFIT AMOUNT section of the DEATH BENEFIT provision of your
Contract as follows:

  GUARANTEED MINIMUM DEATH BENEFIT ("GMDB") AMOUNT - The GMDB Amount will be
  calculated only when death benefit proceeds become payable as a result of the
  death of the Annuitant, and is determined as follows:

  First, we calculate what the Death Benefit Amount would have been beginning on
  the quarterly anniversary following the Contract Date and each subsequent
  quarterly anniversary that occurs while

20-13600                               1
<PAGE>

  the Annuitant is living and up to and including the Contract Anniversary
  following the Annuitant's 65th birthday. Quarterly anniversaries are measured
  from the Contract Date. After the Contract Anniversary following the
  Annuitant's 65th birthday, we calculate what the Death Benefit Amount would
  have been as of each Contract Anniversary that occurs while the Annuitant is
  living and before the Annuitant reaches his or her 81st birthday. Each
  quarterly anniversary and each Contract Anniversary on which a Death Benefit
  Amount is calculated is referred to as a "Milestone Date". We then adjust the
  Death Benefit Amount for each Milestone Date by: (i) adding the aggregate
  amount of any Purchase Payments received by us since that Milestone Date; and
  (ii) subtracting an amount for each withdrawal that has occurred since that
  Milestone Date, which is calculated by multiplying the Death Benefit Amount by
  the ratio of the amount of each withdrawal that has occurred since that
  Milestone Date, including any withdrawal charge, if any, to the Contract Value
  immediately prior to the withdrawal.

The highest of these adjusted Death Benefit Amounts as of the Notice Date is
your GMDB Amount. The "Notice Date" is the day on which we receive, in a form
satisfactory to us, proof of death and instructions regarding payment of death
benefit proceeds.

The DEATH OF ANNUITANT section under the DEATH BENEFIT provision of your
Contract is replaced in its entirety as follows:

DEATH OF ANNUITANT - If the Annuitant dies before the first Milestone Date, the
death benefit will be equal to your Death Benefit Amount as of the Notice Date.

If the Annuitant dies on or after your first Milestone Date and prior to your
Annuity Date, the death benefit will be equal to the greater of the Death
Benefit Amount and the GMDB Amount as of the Notice Date. If an Annuitant dies
before the Annuity Date, unless there is a surviving Joint or Contingent
Annuitant, we will pay the death benefit proceeds to the Owner, if living;
otherwise to the Beneficiary if living; otherwise to the Contingent Beneficiary,
if living; otherwise to the Owner's estate. If an Annuitant dies and there is a
surviving Joint Annuitant, the surviving Joint Annuitant becomes the Annuitant.
If there is no surviving Joint Annuitant and there is a Contingent Annuitant,
the Contingent Annuitant becomes the Annuitant. Death benefit proceeds are
payable only as the result of the death of the sole surviving Annuitant prior to
the Annuity Date. If you are the Annuitant and you die, we will determine the
amount of any death benefit and the Beneficiary under the Death of Annuitant
provisions. If your Contract is a Non-Qualified Contract, we will distribute any
death benefit proceeds under the Death of Owner Distribution Rules.

All other terms and conditions of your Contract remain unchanged.

                         PACIFIC LIFE INSURANCE COMPANY

      /s/ Thomas C. Sutton                           /s/ Audrey L. Milfs
      Chairman and Chief Executive Officer           Secretary

20-13600                               2<PAGE>

                                                                    Exhibit 10.1

                     FIRST AMENDMENT dated as of November 9, 2000 to the Amended
           and Restated Credit Agreement (the "Credit Agreement") dated as of
           March 10, 2000, among Sotheby's Holdings, Inc., a Michigan
           corporation ("Holdings"), Sotheby's, Inc., a New York corporation,
           Oatshare Limited, a company registered in England, and Sotheby's, a
           company registered in England (each referred to individually as a
           "Borrower" and collectively as the "Borrowers"); the lenders party
           thereto (the "Lenders"); and The Chase Manhattan Bank, a New York
           banking corporation, as administrative agent (in such capacity, the
           "Administrative Agent") and as collateral agent (in such capacity,
           the "Collateral Agent") for the Lenders and as the issuing bank (in
           such capacity, the "Issuing Bank").

           WHEREAS, the Borrowers (such term and each other capitalized term
used but not otherwise defined herein having the meaning assigned to it in the
Credit Agreement) have requested that the Lenders approve amendments to certain
provisions of the Credit Agreement;

           WHEREAS, the undersigned Lenders are willing, on the terms and
subject to the conditions set forth herein, to approve such amendments to the
Credit Agreement;

           NOW, THEREFORE, in consideration of these premises, the Borrowers and
the undersigned Lenders hereby agree as follows:

           SECTION 1. AMENDMENTS. Effective as of the Amendment Effective Date
(as defined in Section 4 hereof), the Credit Agreement is hereby amended as
follows:

           (a) The following definitions are inserted in appropriate
alphabetical positions into Section 1.01:

                "AMENDMENT EFFECTIVE DATE" shall have the meaning assigned to
      such term in the First Amendment dated as of November 9, 2000 to this
      Agreement.

                "EUROPEAN CLAIMS" shall mean (a) any claims that may arise out
      of an inquiry by the European Commission regarding commissions charged by
      Sotheby's in auctions in the European Union and (b) claims asserted in
      antitrust lawsuits alleging violations of Federal or state antitrust laws
      in connection with auctions outside the United States.

<PAGE>

                "SETTLEMENT AGREEMENTS" shall mean (a) the Sotheby's Settlement
      Agreement entered into by Holdings and Sotheby's, Inc. in the matter of IN
      RE AUCTION HOUSES ANTITRUST LITIGATION, which relates to allegations of
      violations of Federal antitrust laws in connection with auctions in the
      United States, (b) the Memorandum of Understanding entered into by
      Holdings and Sotheby's, Inc. in the matter of IN RE SOTHEBY'S HOLDINGS,
      INC. SECURITIES LITIGATION, which relates to allegations of violations of
      Federal securities laws, (c) the Plea Agreement between Holdings and the
      United States of America relating to an investigation of possible
      antitrust violations by the United States Department of Justice and (d)
      the Memorandum of Agreed Terms of Settlement dated September 24, 2000
      among Holdings, Sotheby's, Inc. and A. Alfred Taubman.

           (b) Each of the following definitions in Section 1.01 is amended and
restated in its entirety as follows:

                "ADJUSTED CONSOLIDATED NET WORTH" shall mean at any date
      Consolidated Net Worth at such date minus, to the extent not reflected in
      Consolidated Net Worth and without duplication, the aggregate amount of
      (a) all payments made by Holdings and the Subsidiaries in respect of
      Litigation Liabilities, (b) all accounting reserves established by
      Holdings and the Subsidiaries in respect of anticipated Litigation
      Liabilities, (c) all amounts escrowed or otherwise segregated from the
      general assets of Holdings and the Subsidiaries to provide for Litigation
      Liabilities and (d) all amounts that Holdings and the Subsidiaries have
      agreed to or become obligated to pay, but have not yet paid, pursuant to
      fines, judgments, settlements or agreements entered into in respect of
      Litigation Liabilities, plus, to the extent reflected in Consolidated Net
      Worth or subtracted from Consolidated Net Worth under the foregoing
      clauses (a) through (d), up to $25,000,000 in payments made by Holdings
      and the Subsidiaries to settle the European Claims.

                "CONSOLIDATED EBITDA" with respect to Holdings and its
      consolidated subsidiaries for any period shall mean the sum, without
      duplication, of (a) Consolidated Net Income for such period, (b)

                                       2
<PAGE>

      Consolidated Interest Expense for such period, (c) all Federal, state,
      local and foreign income taxes deducted in determining such Consolidated
      Net Income, (d) depreciation, amortization and other non-cash charges
      deducted in determining such Consolidated Net Income, (e) payments and
      reserves in respect of obligations under the Settlement Agreements
      deducted in determining such Consolidated Net Income, PROVIDED that (i)
      such payments and reserves shall not at any time exceed US$205,200,000 and
      (ii) at least US$40,000,000 of such payments and reserves shall be paid in
      equity securities of Holdings, (f) if such period is the fiscal year
      ending December 31, 2000, restructuring and other non-recurring charges
      not in excess of US$30,800,000 deducted in determining Consolidated Net
      Income for such period, and (g) payments to settle the European Claims
      deducted in determining Consolidated Net Income for such period, PROVIDED
      that the aggregate cumulative amount of all such payments made during all
      periods shall not exceed $25,000,000.

                "TRANCHE B LOAN" shall mean a Loan made pursuant to the
      requirements of Section 5.11(b).

           (c) Section 3.13 is amended and restated in its
entirety as follows:

                SECTION 3.13. USE OF PROCEEDS. The Borrowers will use the
      proceeds of the Loans only (a) for the purposes specified in the preamble
      to this Agreement and (b) to pay amounts due under the Settlement
      Agreements or otherwise in respect of Litigation Liabilities.

           (d) A new Section 3.15 is inserted immediately following Section 3.14
which shall read as follows:

                SECTION 3.15. SETTLEMENT AGREEMENTS. The terms of the Settlement
      Agreements are consistent in all material respects with the summary of the
      terms of the Settlement Agreements provided by Holdings to the Lenders
      prior to the Amendment Effective Date.

           (e) A new Section 5.11(c) is inserted following Section 5.11(b) which
shall read as follows:

                                       3
<PAGE>

                (c) The Borrowers agree that in the event that a Tranche B
      Borrowing is made at any time after the aggregate principal amount of all
      outstanding Tranche B Loans has been reduced to less than $75,000,000 as a
      result of prepayments pursuant to Section 2.12, they shall, as a condition
      to any subsequent borrowing, take all further actions that may be required
      or requested by the Collateral Agent in order to preserve, protect and
      perfect the continuing validity and first priority of the mortgage granted
      to the Collateral Agent on the York Avenue Property (including without
      limitation the payment of applicable recording taxes). The Borrowers agree
      that they shall at all times cause the Subsidiary holding title to the
      York Avenue Property to have no operations, business, assets or
      liabilities other than incidental to the holding of the York Avenue
      Property and the granting of the mortgage thereon to the Collateral Agent
      as contemplated hereunder.

           (f) Section  6.07 is amended and restated in its
entirety as follows:

                SECTION 6.07. CONSOLIDATED LEVERAGE RATIO. Permit the
      Consolidated Leverage Ratio at any time to exceed .60 to 1.0.

           (g) Section 6.08 is amended and restated in its
entirety as follows:

                SECTION 6.08. ADJUSTED CONSOLIDATED NET WORTH. Permit Adjusted
      Consolidated Net Worth to be less than (a) $160,000,000 at any time prior
      to March 31, 2001, (b) $175,000,000 at any time during the period from and
      including March 31, 2001 to and including June 29, 2001 and (c)
      $200,000,000 at any time on or after June 30, 2001.

           (h) Section 6.09 is amended and restated in its
entirety as follows:

                SECTION 6.09. CONSOLIDATED COVERAGE RATIO. Permit the
      Consolidated Coverage Ratio for any period of four consecutive financial
      quarters ending after the date hereof to be less than 3.0 to 1.0.

           (i) Article VII is amended by deleting the word "or" at the end of
clause (n) of such Article, inserting the word "or" at the end of clause (o) of
such Article and inserting a new clause (p) immediately after clause (o) of such
Article which shall read as follows:

                (p) (i) any of the Settlement Agreements shall be terminated,
      rejected by an applicable court of

                                       4
<PAGE>

      law (or, in the case of Settlement Agreements relating to class
      actions, by requisite class members) or materially modified, in each
      case if such termination, rejection or modification could reasonably
      be expected, in the judgment of the Required Lenders, to result in a
      material adverse effect on the business, assets, operations or
      financial condition of Holdings and the Subsidiaries, taken as a
      whole, (ii) Holdings shall breach or fail to perform any of its
      material obligations under the Settlement Agreements or (iii) Alfred
      Taubman shall fail to pay when and as due any amount for which he is
      responsible under the Settlement Agreements.

           SECTION 2. WAIVER. Any Default prior to the Amendment Effective Date
resulting from a failure to perform any of the covenants contained in Sections
6.07, 6.08 or 6.09 of the Credit Agreement is hereby waived effective as of the
Amendment Effective Date; PROVIDED that such Default would not have occurred if
the amendments provided for herein to Sections 6.07, 6.08 and 6.09 and the
definitions used in such Sections had been in effect at the time of such
Default.

           SECTION 3. REPRESENTATIONS AND WARRANTIES. Each of the Borrowers
represents and warrants to each of the Lenders that, after giving effect to the
amendments and waiver contemplated hereby, (a) the representations and
warranties of the Borrowers set forth in the Credit Agreement are true and
correct in all material respects on and as of the date of this Amendment, except
to the extent such representations and warranties expressly relate to an earlier
date (in which case such representations and warranties shall be true and
correct in all material respects as of the earlier date) and (b) no Default or
Event of Default has occurred and is continuing.

           SECTION 4. EFFECTIVENESS. This Amendment shall become effective as of
the date (the "Amendment Effective Date") when the following conditions are
satisfied:

           (a) The Administrative Agent (or its counsel) shall have received
copies hereof that, when taken together, bear the signatures of the Borrowers
and the Required Lenders.

                                       5
<PAGE>

           (b) The Administrative Agent shall have received the favorable
written opinions of Weil, Gotshal & Manges LLP and Jones, Day, Reavis & Pogue,
counsel for the Borrowers, and Mr. Donaldson C. Pillsbury, General Counsel of
Sotheby's Holdings, Inc. dated the Amendment Effective Date and addressed to the
Lenders, the Administrative Agent and the Issuing Bank in form and substance
satisfactory to Administrative Agent; the Borrowers hereby instruct such counsel
to deliver such opinions to the Administrative Agent.

           (c) All legal matters incidental to the Credit Agreement and this
Amendment shall be satisfactory to the Required Lenders and to counsel for the
Administrative Agent.

           (d) The Administrative Agent shall have received a certificate of
Holdings, dated the Amendment Effective Date and signed by a Financial Officer
of Holdings, confirming compliance, after giving effect to the amendment and
waiver contemplated hereby with the conditions precedent set forth in paragraphs
(b), (c) and (d) of Section 4.01 of the Credit Agreement.

           (e) The Settlement Agreements (i) shall have been executed and
delivered by all parties thereto, (ii) shall provide for cash payments not in
excess of $281,000,000 in the aggregate, of which Alfred Taubman shall have
agreed to pay $186,000,000, and (iii) shall be consistent in all material
respects with the summary of the terms thereof previously provided to the
Lenders by Holdings.

           (f) There shall have occurred no material increase in the anticipated
liabilities associated with the antitrust, securities and other investigations
and proceedings pending with respect to Holdings and its subsidiaries and not
covered by the Settlement Agreements.

           SECTION 5. AMENDMENT FEE. Holdings agrees to pay to the undersigned
Lenders such amendment fees, and at such times, as have been separately agreed
upon.

           SECTION 6. APPLICABLE LAW. THIS AMENDMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH AND GOVERNED BY THE LAW OF THE STATE OF NEW YORK.

                                       6
<PAGE>

           SECTION 7. NO OTHER AMENDMENTS. Except as expressly set forth herein,
this Amendment shall not by implication or otherwise limit, impair, constitute a
waiver of, or otherwise affect the rights and remedies of any party under, the
Credit Agreement, or alter, modify, amend or in any way affect any of the terms,
conditions, obligations, covenants or agreements contained in the Credit
Agreement, all of which are ratified and affirmed in all respects and shall
continue in full force and effect. This Amendment shall apply and be effective
only with respect to the provisions of the Credit Agreement specifically
referred to herein.

           SECTION 8. COUNTERPARTS. This Amendment may be executed in two or
more counterparts, each of which shall constitute an original, but all of which
when taken together shall constitute but one contract. Delivery of an executed
counterpart of a signature page of this Amendment by facsimile transmission
shall be as effective as delivery of a manually executed counterpart of this
Amendment.

           SECTION 9. HEADINGS. Section headings used herein are for convenience
of reference only, are not part of this Amendment and are not to affect the
construction of, or to be taken into consideration in interpreting, this
Amendment.

                                       7
<PAGE>

           IN WITNESS WHEREOF, the Borrowers and the undersigned Lenders have
caused this Amendment to be duly executed by their duly authorized officers, all
as of the date first above written.

                               SOTHEBY'S HOLDINGS, INC.,

                                 by /s/ William S. Sheridan
                                    ------------------------
                                    Name: William S. Sheridan
                                    Title: Senior VP and CFO

                               SOTHEBY'S, INC.,

                                 by /s/ William S. Sheridan
                                    ------------------------
                                    Name: William S. Sheridan
                                    Title: Senior VP and CFO

                               OATSHARE LIMITED,

                                 by /s/ William S. Sheridan
                                    ------------------------
                                    Name: William S. Sheridan
                                    Title: Director

                               SOTHEBY'S,

                                 by /s/ William S. Sheridan
                                    ------------------------
                                    Name: William S. Sheridan
                                    Title: Director

                               THE CHASE MANHATTAN BANK,
                               N.A., individually and
                               as Administrative Agent,
                               Collateral Agent, and Issuing
                               Bank,

                                 by /s/ Margaret Lane
                                    ------------------------
                                    Name: Margaret Lane
                                    Title: Vice President

                               THE BANK OF NEW YORK,

                               by /s/ Elisa S. Adams
                                  --------------------------
                                  Name:    Elisa S. Adams
                                  Title:   Vice President
<PAGE>

                               BANK ONE, NA (Main Office Chicago),

                               by    /s/  Tatiana Ross
                                 ---------------------------
                                 Name:    Tatiana Ross
                                 Title:   Commercial Banking Officer

                               BARCLAYS BANK PLC,

                               by    /s/  Terance Bullock
                                 --------------------------
                                 Name:    Terance Bullock
                                 Title:   Vice President

                               COMERICA BANK,

                               by    /s/Robert M. Porterfield
                                 ---------------------------
                                 Name:    Robert M. Porterfield
                                 Title:   Vice President

<PAGE>

                               BAYERISCHE HYPO-UND VEREINSBANK AG,
                               New York Branch,

                               by    /s/  Marianne Weinzinger
                                 ----------------------------
                                 Name:    Marianne Weinzinger
                                 Title:   Director

                               by    /s/  Alexander M. Blodi
                                 ----------------------------
                                 Name:    Alexander M. Blodi
                                 Title:   Director

                               BANCA MONTE DEI PASCHI DI SIENA S.P.A.,

                               by    /s/  Giulio Natalicchi
                                 --------------------------
                                 Name:    Giulio Natalicchi
                                 Title:   Senior Vice President & General
                                          Manager

                               by    /s/  Brian R. Landy
                                 ---------------------------
                                 Name:    Brian R. Landy
                                 Title:   Vice President

                               THE BANK OF NOVA SCOTIA,

                               by    /s/  Todd S. Meller
                                 --------------------------
                                 Name:    Todd S. Meller
                                 Title:   Managing Director
<PAGE>

                               THE FUJI BANK, LTD.,

                               by    /s/  Yuji Tanaka
                                 --------------------------
                                 Name:    Yuji Tanaka
                                 Title:   Vice President & Manager

                               BANCA COMMERCIALE ITALIANA
                               NEW YORK BRANCH,

                               by    /s/  Charles Dougherty
                                 --------------------------
                                 Name:    Charles Dougherty
                                 Title:   Vice President

                               by    /s/  J. Dickerhof
                                 --------------------------
                                 Name:    J. Dickerhof
                                 Title:   Vice President

                               BBL INTERNATIONAL (U.K.) LIMITED,

                               by    /s/  C.F. Wright
                                 -------------------------
                                 Name:    C.F. Wright
                                 Title:   Manager

                               by    /s/  M-C Swinnen
                                 -------------------------
                                 Name:    M-C Swinnen
                                 Title:   Senior Manager

<PAGE>

                               BANK HAPOALIM B.M.,

                               by    /s/  James T. Surless
                                 --------------------------
                                 Name:    James T. Surless
                                 Title:   Vice President

                               by    /s/  Laura Anne Raffa
                                 -------------------------
                                 Name:    Laura Anne Raffa
                                 Title:   First Vice President
                                          & Corporate Manager

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00019-of-00352.parquet"}]]