Common use of Term of the Clause in Contracts

Term of the. Execution Agreement The commencement date of the Execution Agreement can be found in your signed statement of agreement. Freedom to cancel This Agreement is for an indefinite period of time. You have a notice period of two months. For us, the notice period is six months. You can terminate by registered mail or by e-mail. In the case of termination by e-mail, the person authorised to sign should send the message to xxxxxxx@xxxxxxxxxxxxx.xx. We will cancel in writing by registered mail. After termination, the Execution Agreement will be continued on a non-contributory basis. However, you can also choose another option after termination, namely a new Execution Agreement or group transfer of accrued benefits. Non-contributory continuation We create paid-up policies for the current insurance policies and the net pension entitlements that have been accrued. For the paid-up insurance policies of the guaranteed pensions, Aegon Leven guarantees the level of pension benefit that has been paid for. Contribution of the net defined contribution for the Investment pension ceases. The investments for the Investment pension remain applicable in accordance with the provisions of the net pension Execution Agreement. The insurance policies that have no paid-up value or commutated value will lapse. Insurance policies that elipsLife is paying out at that time will continue to be paid out in accordance with the provisions of this Execution Agreement. Aegon Cappital and Aegon Leven guarantee the administrative execution of the non-contributory net pensions. In doing so, they adhere to the provisions of this Aegon Cappital Net Execution Agreement. For example, we remain entitled to make adjustments to the execution (see Section 5.2).

Term of the. Execution Agreement The commencement date of the Execution Agreement can be found in your signed statement of agreement. Freedom to cancel This Agreement is for an indefinite period of time. You have a notice period of two months. For us, the notice period is six months. You can terminate by registered mail or by e-mail. In the case of termination by e-mail, the person authorised to sign should send the message to xxxxxxx@xxxxxxxxxxxxx.xx. We will cancel in writing by registered mail. After termination, the Execution Agreement will be continued on a non-contributory basis. However, you can also choose another option after termination, namely a new Execution Agreement or group transfer of accrued benefits. A termination of your gross pension scheme with us means simultaneous termination of your net pension scheme. After termination, the net Execution Agreement will be continued on a non-contributory basis. Non-contributory continuation We create paid-up policies for the current insurance policies and the net pension entitlements that have been accrued. For the paid-up insurance policies of the guaranteed pensions, Aegon Leven guarantees the level of pension benefit that has been paid for. Contribution of the net defined contribution for the Investment pension Pension ceases. The investments for the Investment pension Pension remain applicable in accordance with the provisions of the net pension Execution Agreement. The insurance policies that have no paid-up value or commutated commuted value will lapse. Insurance policies that elipsLife is Aegon Leven and x.x.x. Xxxxxx are paying out at that time will continue to be paid out in accordance with the provisions of this Execution Agreement. Aegon Cappital and Aegon Leven guarantee the administrative execution of the non-contributory net pensions. In doing so, they adhere to the provisions of this Aegon Cappital Net Execution Agreement. For example, we remain entitled to make adjustments to the execution (see Section 5.25.1).

Term of the. Execution Agreement The commencement date of the Execution Agreement can be found in your signed statement of agreement. Freedom to cancel This Agreement is for an indefinite period of time. You have a notice period of two months. For us, the notice period is six months. You can terminate by registered mail or by e-mail. In the case of termination by e-mail, the person authorised to sign should send the message to xxxxxxx@xxxxxxxxxxxxx.xx. We will cancel in writing by registered mail. After termination, the Execution Agreement will be continued on a non-contributory basis. However, you can also choose another option after termination, namely a new Execution Agreement or group transfer of accrued benefits. Non-contributory continuation We create paid-up policies for the current insurance policies and the net pension entitlements that have been accrued. For the paid-up insurance policies of the guaranteed pensions, Aegon Leven guarantees the level of pension benefit that has been paid for. Contribution of the net defined contribution for the Investment pension Pension ceases. The investments for the Investment pension Pension remain applicable in accordance with the provisions of the net pension Execution Agreement. The insurance policies that have no paid-up value or commutated commuted value will lapse. Insurance policies that elipsLife is Aegon Leven and x.x.x. Xxxxxx are paying out at that time will continue to be paid out in accordance with the provisions of this Execution Agreement. Aegon Cappital and Aegon Leven guarantee the administrative execution of the non-contributory net pensions. In doing so, they adhere to the provisions of this Aegon Cappital Net Execution Agreement. For example, we remain entitled to make adjustments to the execution (see Section 5.25.1).

Term of the. Execution Agreement The commencement date of the Execution Agreement can be found in your signed statement of agreement. Freedom to cancel This Agreement is for an indefinite period of time. You have a notice period of two months. For us, the notice period is six months. You can terminate by registered mail or by e-mail. In the case of termination by e-mail, the person authorised to sign should send the message to xxxxxxx@xxxxxxxxxxxxx.xx. We will cancel in writing by registered mail. After termination, the Execution Agreement will be continued on a non-contributory basis. However, you can also choose another option after termination, namely a new Execution Agreement or group transfer of accrued benefits. Non-contributory continuation We create paid-up policies for the current insurance policies and the net pension entitlements that have been accrued. For the paid-up insurance policies of the guaranteed pensions, Aegon Leven guarantees the level of pension benefit that has been paid for. Contribution of the net defined contribution for the Investment pension ceases. The investments for the Investment pension remain applicable in accordance with the provisions of the net pension Execution Agreement. The insurance policies that have no paid-up value or commutated value will lapse. Insurance policies that elipsLife is Aegon Leven and Aegon Xxxxxx are paying out at that time will continue to be paid out in accordance with the provisions of this Execution Agreement. Aegon Cappital and Aegon Leven guarantee the administrative execution of the non-contributory net pensions. In doing so, they adhere to the provisions of this Aegon Cappital Net Execution Agreement. For example, we remain entitled to make adjustments to the execution (see Section 5.25.1).