Common use of July 2010 Clause in Contracts

July 2010. This supplement serves as compensation for the increase in the costs of the pension scheme as of 1 July 2010, as described in Article 5.6 sections 6 and 7 of the KPN Collective Agreement 2010. 8 Employees who were employed by KPN Contact BV on 31 December 2014 and whose contribution to the costs of the pension scheme as at 1 January 2015 is more than as at 31 December 2014, will be compensated by means of a normative personal gross supplement. This compensation is equal to 50 per cent of the difference between (i) the contribution as at 31 December 2014 calculated on the basis of the average of the age cohort applying on that date and the cohort immediately following, including the ANW top-up premium (set at a fixed amount), irrespective of whether this premium is actually due and (ii) the contribution as at 1 January 2015.

July 2010. This supplement serves as compensation for the increase in the costs of the pension scheme as of 1 July 2010, as described in Article 5.6 sections 6 and 7 of the KPN Collective Agreement 2010. 8 Employees who were employed by KPN Contact BV on 31 December 2014 and whose contribution to the costs of the pension scheme as at 1 January 2015 is more than as at 31 December 2014, will be compensated by means of a normative personal gross supplement. This compensation is equal to 50 per cent of the difference between (i) the contribution as at 31 December 2014 calculated on the basis of the average of the age cohort applying on that date and the cohort immediately following, including the ANW top-up premium (set at a fixed amount)premium, irrespective of whether this premium is actually due and (ii) the contribution as at 1 January 2015.