Milestones Programme Income Sharing Proposal between SFL and Prudential
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Summary
This document outlines a proposed income-sharing arrangement between SFL and Prudential, detailing projected pension scheme membership growth and associated income targets over a five-year period. The agreement sets annual milestones for new and cumulative members, with income shares based on reaching these targets. If membership milestones are not met, income sharing reverts to previous terms until targets are achieved. The proposal includes specific dates, membership numbers, and income calculations, ensuring both parties understand their obligations and the conditions for income distribution.
EX-10.7.1 2 0002.txt SCHEDULE 2 SCHEDULE 2 ---------- The Milestones Programme PROPOSAL FOR INCOME SHARING BETWEEN SFL & PRUDENTIAL