Common use of Interest Rate Adjustments Clause in Contracts

Interest Rate Adjustments. Sun Life will apply an interest rate enhancement of 0.25% each time a deposit or reinvestment occurs. The enhancement will apply until the maturity of each deposit. A Member’s Guaranteed Funds Asset level will be reviewed for the purpose of determining an additional enhancement, on a quarterly basis, on a date to be determined by Sun Life. The additional rate enhancement will apply to any deposits or reinvestments during the following quarter. Member’s Guaranteed Funds Asset Level Interest Rate Enhancement $10,000.00 to $24,999.99 0.20% $25,000.00 to $49,999.99 0.25% $50,000.00 to $99,999.99 0.30% $100,000.00 to $249,999.99 0.35% $250,000.00 and over 0.40% This Agreement will remain in effect for the duration of the Policies. However, Sun Life reserves the right to amend any provision in this Agreement upon providing at least 90 days prior written notice to You provided that Sun Life reserves the right, acting reasonably, to make enhancements or non-material changes to the services described in this Agreement without prior notification to You. We request that this Agreement be drawn up in English. Nous demandons que ce contrat soit rédigé en anglais.

Interest Rate Adjustments. Sun Life will apply an interest rate enhancement of 0.25% each time a deposit or reinvestment occurs. The enhancement will apply until the maturity of each deposit. A Member’s Guaranteed Funds Asset level will be reviewed for the purpose of determining an additional enhancement, on a quarterly basis, on a date to be determined by Sun Life. The additional rate enhancement enhancem ent will apply to any deposits or reinvestments during the following quarter. Member’s Guaranteed Funds Asset Level Interest Rate Enhancement $10,000.00 to $24,999.99 0.20% $25,000.00 to $49,999.99 0.25% $50,000.00 to $99,999.99 0.30% $100,000.00 to $249,999.99 0.35% $250,000.00 and over 0.40% This Agreement will remain in effect for the duration of the Policies. However, Sun Life reserves rese rves the right to amend any provision in this Agreement upon providing at least 90 days prior written notice to You provided that Sun Life reserves the right, acting reasonably, to make enhancements or non-material changes to the services described in this Agreement without prior notification to You. We request that this Agreement be drawn up in English. Nous demandons que ce contrat soit rédigé en anglais.