Extract to table

The Assignor intends that, from and after the Effective Date of this Assignment, the Assignor shall retain no incidents of ownership (as such term is defined under Section 2042 of the Code and the Treasury Regulations promulgated thereunder) in the Policy

NOW, THEREFORE, in consideration of the foregoing recitals (which are incorporated herein by reference), the mutual covenants and agreements herein contained, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: ARTICLE I — DEFINITIONS For purposes of this Assignment, the following terms shall have the meanings set forth below: Section 1

" "Effective Date" means March 15, 2023, the date as of which this Assignment shall take effect

All references to specific sections of the Code shall include any corresponding provisions of any succeeding law

The Assignor intends this Assignment to constitute a present, completed, and irrevocable transfer of all ownership rights in the Policy, and the Assignor acknowledges that upon execution and delivery of this Assignment, the Assignor shall have no further right, title, or interest in or to the Policy whatsoever

This Assignment shall be effective as of March 15, 2023