Common use of Variation Subject to Notice Clause in Contracts

Variation Subject to Notice. MPF may from time to time alter, amend or add to all or any of the terms and provisions of the Policy upon giving the Trustee 4 months’ notice (or, in the case of an amendment in respect of a Sub-Fund in which no Contribution Units have been allocated to the Trustee under the Policy, 3 days’ notice) prior to the effective date of the alteration, amendment or addition.

Variation Subject to Notice. MPF may from time to time alter, amend or add to all or any of the terms and provisions of the Policy Reinsurance Agreement upon giving the Trustee Insurer 4 months’ notice (or, in the case of an amendment in respect of a Sub-Fund in which no Contribution Units have been allocated to the Trustee Insurer under the PolicyReinsurance Agreement, 3 days’ notice) prior to the effective date of the alteration, amendment or addition.