Common use of Pension Rights Clause in Contracts

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting Philips Pensioenfonds”.This plan is a combination of average pay (annual accrual percentage:1 .25%) and defined contribution (employer contribution: 20%). The target retirement age under this plan is 62.5, no employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. Xxxxxxxx 4

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting of“Stichting Philips Pensioenfonds”.This plan is a combination of average pay (annual accrual percentage:1 .25percentage:1.25%) and defined contribution (employer contribution: 20%). The target retirement age under this plan is 62.5, no employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). Employment contract between the Company and Mx X.X. Xxxxxxxx 4 For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. Xxxxxxxx 4.

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting Philips Pensioenfonds”.This Pensioenfonds”, further specified in the letter dated June 28, 2006. The pension plan is a combination of average pay (annual accrual percentage:1 .25percentage: currently 1.25%) and defined contribution (employer contribution: currently 20%). The target retirement age under this plan is 62.5, no . No employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. Xxxxxxxx 4.

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting of’Stichting Philips Pensioenfonds”.This plan is a combination of average pay (annual accrual percentage:1 .25percentage: 1.25%) and defined contribution (employer contribution: 20%). The target retirement age under this plan is 62.5, no employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. Xxxxxxxx 4.

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting Philips Pensioenfonds”.This Pensioenfonds”. The pension plan is a combination of average pay (annual accrual percentage:1 .25percentage: currently 1.25%) and defined contribution (employer contribution: currently 20%). The target retirement age under this plan is 62.5, no . No employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. Xxxxxxxx 4.

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting Philips Pensioenfonds”.Pensioenfonds”. This plan is a combination of average pay (annual accrual percentage:1 .25percentage: currently 1.25%) and defined contribution (employer contribution: currently 20%). The target retirement age under this plan is 62.5, no . No employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. Xxxxxxxx 4.

Pension Rights. You are entitled to a pension in conformity with the conditions contained in the Philips Executives Pension Plan of “Stichting Philips Pensioenfonds”.This plan is a combination of average pay (annual accrual percentage:1 .25percentage: 1.25%) and defined contribution (employer contribution: 20%). The target retirement age under this plan is 62.5, no employee contribution is required. The pension base is your annual gross salary, as mentioned in paragraph 3 hereof, minus the offset (so-called “franchise”). For further information, please refer to the plan rules with “Stichting Philips Pensioenfonds”. Employment contract between the Company and Mx X.X. X. Xxxxxxxx 4