<SEC-DOCUMENT>0001097362-19-000003.txt : 20190215
<SEC-HEADER>0001097362-19-000003.hdr.sgml : 20190215
<ACCEPTANCE-DATETIME>20190215064841
ACCESSION NUMBER:		0001097362-19-000003
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20190215
DATE AS OF CHANGE:		20190215
EFFECTIVENESS DATE:		20190215

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SUN LIFE FINANCIAL INC
		CENTRAL INDEX KEY:			0001097362
		STANDARD INDUSTRIAL CLASSIFICATION:	LIFE INSURANCE [6311]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			Z4
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-229698
		FILM NUMBER:		19609814

	BUSINESS ADDRESS:	
		STREET 1:		SUN LIFE ASSURANCE CO OF CANADA
		STREET 2:		ONE YORK STREET
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 0B6
		BUSINESS PHONE:		4169794800

	MAIL ADDRESS:	
		STREET 1:		SUN LIFE ASSURANCE CO OF CANADA
		STREET 2:		ONE YORK STREET
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 0B6

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUN LIFE FINANCIAL SERVICES INC
		DATE OF NAME CHANGE:	20030702

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SUN LIFE FINANCIAL SERVICES OF CANADA INC
		DATE OF NAME CHANGE:	20000224
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-8
<SEQUENCE>1
<FILENAME>file.htm
<DESCRIPTION>FORM S-8
<TEXT>
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      <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Washington, D.C. 20549</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><br>
          <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FORM S-8</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><br>
          <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sun Life Financial Inc.</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
          </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Exact name of registrant as specified in its charter)</font></font></div>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zbaaad4e686494071836eea6a3d1f7d28">

        <tr>
          <td style="width: 49.9%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Canada</font></div>
          </td>
          <td style="width: 50.1%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Not Applicable</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 49.9%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(States or other jurisdiction of incorporation or organization)</font></div>
          </td>
          <td style="width: 50.1%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(I.R.S. Employer Identification No.)</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1 York Street, 31st Floor</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Toronto, Ontario, Canada</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">M5J 0B6</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Address of registrant's principal executive offices)</font></font></div>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sun Life Financial (U.S.) Services Company, Inc. Employee Stock Purchase Plan</font></div>
    <div style="text-align: center;"><font style="font-size: 14pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sun Life Investments LLC Employee Stock Purchase Plan</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Full title of the plans)</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sun Life Assurance Company of Canada - U.S. Operations Holdings, Inc.</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times,
          serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">One Sun Life Executive Park</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Wellesley Hills, Massachusetts&#160; 02481</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">(781) 446-6740</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>(Name, address, and telephone number,<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>including area code, of agent for service in the United States)<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font></font><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">Copies to:</font></div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z4cab8c0fd1204ec490ed6b1c9e95f6c7">

        <tr>
          <td style="width: 59.77%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">James Klopper</font></div>
          </td>
          <td style="width: 40.23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Tracie Allan</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 59.77%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Financial US</font></div>
          </td>
          <td style="width: 40.23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Financial</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 59.77%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1 Sun Life Park, SC 1135</font></div>
          </td>
          <td style="width: 40.23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1 York Street, 31st Floor</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 59.77%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Wellesley Hills, Massachusetts 02481</font></div>
          </td>
          <td style="width: 40.23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Toronto, Ontario, Canada&#160; M5J 0B6</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 59.77%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(781) 263-6373</font></div>
          </td>
          <td style="width: 40.23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(647) 256-2502</font></div>
          </td>
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    </table>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
        reporting company. See the definitions of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act.</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zb8d5dccafecc41faa0642863242b6cf4">

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          <td style="width: 64.05%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Large accelerated filer&#160; <font style="font-size: 10pt; font-family: 'Wingdings 2', serif;">R</font></font></div>
          </td>
          <td style="width: 35.95%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Accelerated filer&#160; <font style="font-size: 10pt; font-family: 'Wingdings 2', serif;">&#163;</font></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 64.05%; vertical-align: top;">&#160;</td>
          <td style="width: 35.95%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 64.05%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Non-accelerated filer&#160; <font style="font-size: 10pt; font-family: 'Wingdings 2', serif;">&#163;</font></font></div>
          </td>
          <td style="width: 35.95%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Smaller reporting company&#160; <font style="font-size: 10pt; font-family: 'Wingdings 2', serif;">&#163;</font></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 64.05%; vertical-align: top;">&#160;</td>
          <td style="width: 35.95%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 64.05%; vertical-align: top;">&#160;</td>
          <td style="width: 35.95%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Emerging growth company&#160; <font style="font-size: 10pt; font-family: 'Wingdings 2', serif;">&#163;</font></font></div>
          </td>
        </tr>

    </table>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
        any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. <font style="font-size: 10pt; font-family: 'Wingdings 2', serif;">&#163;</font></font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">CALCULATION OF REGISTRATION FEE</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z6d65358d98694c36a72756190bb1a71b">

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          <td style="width: 29.21%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Title of securities to be registered</font></div>
          </td>
          <td style="width: 15.59%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount to be registered</font></div>
          </td>
          <td style="width: 19.71%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed maximum offering price per share</font></div>
          </td>
          <td style="width: 20.25%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Proposed maximum aggregate offering price</font></div>
          </td>
          <td style="width: 15.23%; vertical-align: middle; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amount of registration fee</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 29.21%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Common Shares, without par value</font></div>
          </td>
          <td style="width: 15.59%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">550,000&#160; &#160; &#160; &#160;&#160; (1)</font></div>
          </td>
          <td style="width: 19.71%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$35.37&#160; &#160; &#160; &#160; &#160; &#160; &#160; &#160; (2)</font></div>
          </td>
          <td style="width: 20.25%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$19,453,500.00&#160; &#160; &#160; &#160; (2)</font></div>
          </td>
          <td style="width: 15.23%; vertical-align: top; border-bottom: #000000 2px solid;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">$2,357.76</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z4f239951191141c29ab2ced2c8f663e2">

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          <td style="width: 5.29%; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1)</font></div>
          </td>
          <td style="width: 94.71%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No original issuance common shares will be offered under the Sun Life Financial (U.S.) Services Company, Inc. Employee Stock Purchase
                Plan and the Sun Life Investments LLC Employee Stock Purchase Plan.&#160; In addition, pursuant to Rule 416 of the Securities Act of 1933, as amended (the &#8220;Securities Act&#8221;), the number of common shares registered hereby is subject to adjustment
                to prevent dilution by reason of any stock dividend, stock split, recapitalization or other similar transaction that results in an increase in the number of the outstanding common shares of Sun Life Financial Inc. (the &#8220;Registrant&#8221;).</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 5.29%; vertical-align: top;">
            <div style="text-align: justify;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2)</font></div>
          </td>
          <td style="width: 94.71%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Estimated solely for the purpose of calculating the registration fee required by Section 6(b) of the Securities Act pursuant to Rules
                457(c) and 457(h) of the Securities Act, based upon the average of the high and low sale prices of the common shares of the Registrant as quoted on the New York Stock Exchange on February 11, 2019 (which is within five business days prior
                to the date of the filing).</font></div>
          </td>
        </tr>

    </table>
    <div>
      <div><br>
      </div>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center; margin-right: 36pt; margin-left: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">EXPLANATORY NOTE</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt; margin-right: 0.9pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">This registration statement on Form S-8 is being filed for the purpose of registering 550,000 common
        shares, without par value (the &#8220;Common Shares&#8221;), of Sun Life Financial Inc. (the &#8220;Registrant&#8221;), which may be issued pursuant to awards under the Sun Life Financial (U.S.) Services Company, Inc. Employee Stock Purchase Plan and the Sun Life
        Investments LLC Employee Stock Purchase Plan.</font></div>
    <div><br>
    </div>
    <div style="text-align: center; margin-right: 36pt; margin-left: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">PART I</font></div>
    <div><br>
    </div>
    <div style="text-align: center; margin-right: 36pt; margin-left: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt; margin-right: 0.9pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The documents containing the information specified in Part I of Form S-8 (i.e, Items 1 and 2) need not
        be filed with the Commission as part of this registration statement.</font></div>
    <div><br>
    </div>
    <div style="text-align: center; margin-right: 36pt; margin-left: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">PART II</font></div>
    <div><br>
    </div>
    <div style="text-align: center; margin-right: 36pt; margin-left: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 3.&#160;&#160;Incorporation of Documents by Reference.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Registrant hereby incorporates by reference into this registration statement the following documents previously or to be
        filed with the Commission:</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="zd019173d2b8343cc8d5d64b0d35cf483">

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          <td style="width: 11.82%; vertical-align: top;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: Wingdings;">l</font></div>
          </td>
          <td style="width: 88.18%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Annual Report on Form 40-F for the year ended December 31, 2018; and</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 11.82%; vertical-align: top;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: Wingdings;">l</font></div>
          </td>
          <td style="width: 88.18%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The description of the Common Shares contained in the registration statement on Form 8-A, dated March 14, 2000, filed pursuant to
                Section 12 of the Securities Exchange Act of 1934, as amended, and any amendments thereto.</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All documents that the Registrant files pursuant to Section 13(a), Section 13(c), 14 and 15(d) of the Securities Exchange
        Act of 1934 after the date of this registration statement and prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be
        deemed to be incorporated by reference into this registration statement and to be a part hereof from the date of filing of such documents. Reports on Form 6-K that the Registrant furnishes to the Commission subsequent to the date hereof will only
        be deemed incorporated by reference into this registration statement if such Report on Form 6-K expressly states that it is incorporated by reference herein.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 31.5pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be
        modified or superseded for purposes of this registration statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such
        statement.&#160; Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this registration statement.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 4.&#160;&#160;Description of Securities.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Not applicable.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 5.&#160; Interests of Named Experts and Counsel</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Not applicable. Because no original issuance Common Shares are to be registered hereunder, no opinion of counsel regarding
        the legality of the Common Shares being registered hereunder is required.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 6.&#160;&#160;Indemnification of Directors and Officers.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Subject to any limitations contained in the Insurance Companies Act (Canada), S.C. 1991, c.47, as amended, the by-laws of
        the Registrant provide that the Registrant shall indemnify a director or an officer, a former director or officer or any person who acts or acted, at the Registrant&#8217;s request, as a director or officer of, or in a similar capacity for, another
        entity, and each of such person's heirs and personal representatives, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by such person in respect of any civil, criminal,
        administrative, investigative or other proceeding in which such person is or was involved because of that association with the Registrant or such other entity, if (a) such person acted honestly and in good faith with a view to the best interests
        of, as the case may be,&#160; the Registrant or such other entity, and (b) in the case of a criminal or administrative action or proceeding enforced by a monetary penalty, such person had reasonable grounds for believing that their conduct was lawful.&#160;
        The by-laws also provide that the Registrant may enter into agreements evidencing its indemnity in favor of the foregoing persons to the full extent permitted by law.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Registrant has entered into indemnification agreements with a number of its officers and directors under which the
        Registrant has agreed to indemnify them against costs, charges,&#160; fines and expenses, including amounts paid to settle an action or satisfy a judgment, reasonably incurred by an officer or director in respect of any civil, criminal or administrative
        action or proceeding to which such person is made a party by reason of being or having been a director or officer of the Registrant, subject to any limitations contained in the Insurance Companies Act (Canada), S.C. 1991, c.47, as amended.&#160; The
        Registrant also has entered into similar agreements with individuals who serve at the written request of the Registrant as a director, officer employee, trustee, agent or fiduciary of another entity.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 7. Exemption from Registration Claimed.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 32.4pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Not applicable.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 8.&#160;&#160;Exhibits</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z196c279eadf3437d86569213c518e2ba">

        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Exhibit</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Number</font></font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Description</font></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">&#160;</td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.1</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Letters Patent of Incorporation and Amending Letters Patent of Incorporation of the Registrant (incorporated herein by reference to
                Exhibit (1)(a) to the Registrant&#8217;s Registration Statement on Form 8-A, dated March 14, 2000 and to Exhibit 99.3 to the Registrant&#8217;s Form 6-K, dated February 14, 2005)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">&#160;</td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.2</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Amended and Restated By-law No. 1 of the Registrant (incorporated herein by reference to Exhibit 99.1 to the Registrant&#8217;s Form 6-K,
                dated June 11, 2008) and the Amended and Restated By-law No. 2 of the Registrant (incorporated herein by reference to Exhibit 99.5 to the Registrant&#8217;s Form 6-K, dated February 14, 2005)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">&#160;</td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.3</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Financial (U.S.) Services Company, Inc. Employee Stock Purchase Plan</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">&#160;</td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.4</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Investments LLC Employee Stock Purchase Plan</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">&#160;</td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">23</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Consent of independent registered public accounting firm</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">&#160;</td>
          <td style="width: 86.74%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 13.26%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">24</font></div>
          </td>
          <td style="width: 86.74%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Power of Attorney of Officers and Directors of the Registrant (set forth on the signature pages of this registration statement)</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Item 9.&#160;&#160;Undertakings</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Registrant hereby undertakes:</font></div>
    <div><br>
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    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(1)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:</font></div>
    <div><br>
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    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;</font></div>
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    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To reflect in the prospectus any facts or events arising after the effective date of this registration statement (or the most recent post-effective amendment thereof) which,
        individually or in the aggregate, represent a fundamental change in the information set forth in this registration statement. Notwithstanding the foregoing, any increase or decrease in volume of the securities offered (if the total dollar value of
        securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant to Rule 424(b) if, in
        the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the &#8220;Calculation of Registration Fee&#8221; table in the effective registration statement; and</font></div>
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    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To include any material information with respect to the plan of distribution not previously disclosed in this registration statement or any material change to such information
        in this registration statement;</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) above do not apply if the information required to be included in a post-effective
        amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to section 13 or section 15(d) of the Exchange Act that are incorporated by reference in the registration statement.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(2)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to
        the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(3)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</font></div>
    <div><br>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant&#8217;s annual report pursuant to section
        13(a) or section 15(d) of the Exchange Act that is incorporated by reference in this registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that
        time shall be deemed to be the initial bona fide offering thereof.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font><font style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt" id="TRGRRTFtoHTMLTab">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the
        foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim
        for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is
        asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of
        appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</font></div>
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    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SIGNATURES</font></div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>The Registrant</u></font>.&#160; Pursuant to the
        requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf
        by the undersigned, thereunto duly authorized in the City of Toronto, Province of Ontario, Canada on this 14th day of February, 2019, and also to be signed by its duly authorized U.S. representative in Kansas City, State of Missouri on this 14th
        day of February, 2019.</font></div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" id="z42f2e5ed2ff64746a99a425bd25f0edb">

        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">SUN LIFE FINANCIAL INC.</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(Registrant)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">By:</font></div>
          </td>
          <td style="width: 50%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Dean A. Connor</font></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Dean A. Connor</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">President &amp; Chief Executive Officer</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">SUN LIFE ASSURANCE COMPANY OF CANADA -</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">U.S. OPERATIONS HOLDINGS, INC.</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(U.S. representative)</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: right;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">By:</font></div>
          </td>
          <td style="width: 50%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Colleen Kallas</font></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Colleen Kallas</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 50%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Secretary</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Each person whose signature appears below constitutes and appoints Troy Krushel his or her true and lawful attorney-in-fact
        and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, and in any and all capacities, to sign any and all amendments to this registration statement, and to file the same, with all
        exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, state securities law administrators, and other governmental authorities, granting unto said attorney-in-fact and agent full power and
        authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully and to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said
        attorney-in-fact and agent, or his substitute, may lawfully do or cause to be done by virtue thereof.</font></div>
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    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the following
        persons in the capacities and on the dates indicated.</font></div>
    <div><br>
    </div>
    <div><br>
    </div>
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          <td style="width: 33.72%; vertical-align: top;">&#160;</td>
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          <td style="width: 38.56%; vertical-align: top;">&#160;</td>
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          <td style="width: 33.72%; vertical-align: top;">&#160;</td>
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          <td style="width: 33.72%; vertical-align: top;">&#160;</td>
          <td style="width: 38.56%; vertical-align: top;">&#160;</td>
          <td style="width: 27.72%; vertical-align: top;">&#160;</td>
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          <td style="width: 33.72%; vertical-align: top;">&#160;</td>
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          <td style="width: 27.72%; vertical-align: top;">&#160;</td>
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<DOCUMENT>
<TYPE>EX-4
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    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">SUN LIFE FINANCIAL (U.S.) SERVICES COMPANY, INC.</div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">EMPLOYEE STOCK PURCHASE PLAN</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FEBRUARY 1, 2019</font></div>
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    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Contributions&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...5</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Payroll Contribution Accounts&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;5</font></div>
    <div><br>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 4 GRANT AND EXERCISE OF OPTION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...5</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Grant of Option; Terms&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;5</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Purchase of SLF Stock; Price&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..6</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Custodial Accounts&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..7</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Interest on Account Balances&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.7</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 5 CESSATION OF ENROLLMENT&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;7</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cessation of Enrollment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..7</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Distributions to Employee&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...9</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 6 PLAN ADMINISTRATION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Committee&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Committee Powers&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Committee Actions&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Member Who is Participant&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.5</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Information Required from Employer&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.6</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Information Required from Employees&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.7</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Uniform Rules and Administration&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;11</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 7 AMENDMENT AND TERMINATION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Amendment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;11</font></div>
    <div style="text-align: left; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Termination&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;12</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rights Upon Termination&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..12</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 8 GENERAL PROVISIONS&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...12</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Transfer or Assignment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;12</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Equal Rights and Privileges&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rights as Stockholder&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rights as Employee&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.5</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Costs&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.6</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Liability for Taxes&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.7</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Reports&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.8</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Governmental Approval&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.9</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Stockholder Approval&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.10</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Conditions Upon Purchase of Shares&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.11</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Financial Securities Trading Policy&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.12</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Applicable Law&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.13</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Number&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.14</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Headings&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;14</font></div>
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    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SUN LIFE FINANCIAL (U.S.) SERVICES COMPANY, INC.<font style="font-size: 10pt;
          font-family: 'Times New Roman', Times, serif;"><br>
        </font>EMPLOYEE STOCK PURCHASE PLAN</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;1<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>INTRODUCTION.</font></div>
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      <table cellspacing="0" cellpadding="0" id="z12294f22def947c4875dc828cf10700f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Purpose.</font></div>
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    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Financial (U.S.) Services Company, Inc. (the &#8220;Company&#8221;) hereby establishes the Plan to provide eligible
        Employees the opportunity to acquire stock in Sun Life Financial Inc. at a discount and thereby provide such Employees with an additional incentive to contribute to the long term profitability and success of Sun Life Financial Inc. The Plan is for
        the exclusive benefit of eligible Employees of the Company and any Participating Subsidiaries.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9c24a244aa8e42b2a27a6b6d106c23e4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stock Purchase Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is a stock purchase plan that is intended to satisfy all requirements of Section 423 of the Code. Any provision
        of the Plan inconsistent with Section 423 of the Code will, without further act or amendment by the Company, be reformed to comply with Section 423 of the Code.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc73e47973c4d4bed84f3ef0bcb830498" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Effective Date and Term.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is effective February 1, 2019, pursuant to approval of the Plan by the stockholders of the Company. The Plan
        shall continue in effect until terminated in accordance with Section 7.2.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4be09cdc34be48e1b18f9a00c1f627ad" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stock Subject to Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z6e67c1a758b442c89c76c3470665296e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The SLF Stock subject to purchase under the Plan shall be acquired in the open market by the Custodian. The
                  aggregate number of shares of SLF Stock that may be purchased under the Plan shall not exceed 500,000 shares. All shares of SLF Stock purchased under the Plan other than shares purchased as a result of the reinvestment of dividends will
                  count towards this limitation. If, on a given Exercise Date, the number of shares which are to be purchased exceeds the number of shares then available under the Plan, the Committee shall make a pro-rata allocation of the shares remaining
                  available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z06d128b621a74a46a59ae36d56318dae" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In case of a reorganization, recapitalization, stock split, reverse stock split, stock dividend, combination
                  of shares, merger, consolidation, offering of rights or other change in the capital structure of Sun Life Financial Inc., the Committee shall make such adjustment as it deems appropriate in the number, kind, and purchase price of shares
                  available for purchase under the Plan so that the aggregate consideration payable by the Employers, and the value of the benefit to Employees, shall not be changed.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z7917c2269b9242ffa3292c2f9d482025" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.5</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Administrative Responsibilities.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For all administrative purposes, the Committee may designate a Subsidiary Corporation or another corporation affiliated
        with the Company to perform some or all of the administrative responsibilities under the Plan.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;2<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>DEFINITIONS.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For purposes of the Plan, the following words and phrases, whether or not capitalized, have the meanings specified
        below, unless the context plainly requires a different meaning:</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Board</font>&#8221; means the
        Board of Directors from time to time of the Company.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Code</font>&#8221; means the
        Internal Revenue Code of 1986, as amended from time to time, and all regulations thereunder.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee</font>&#8221; means
        the Benefit Plans Committee of the Company established under its Sun Advantage Savings and Investment Plan.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Company</font>&#8221; means
        Sun Life Financial (U.S.) Services Company, Inc. and its successors and assigns.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Compensation</font>&#8221;
        means regular salary and earnings (including shift earnings) paid to an Employee by an Employer and shall not include overtime, bonuses, commissions, sales draws, severance and other termination payments, or any other remuneration paid to the
        Employee. Compensation is the Employee&#8217;s &#8220;gross&#8221; amount of regular salary and earnings that is paid and not the &#8220;net&#8221; amount after the Employer deducts all the Employee&#8217;s applicable payroll deductions. (For greater certainty, if an Employee is paid
        less than 100% of his or her regular salary and earnings because he or she is on a paid or unpaid leave of absence, Compensation is limited to the amount that is paid.) The includable and excludable types of Compensation shall be determined by an
        Employer in its sole discretion based on its human resources information systems records.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Custodial Account</font>&#8221;
        means the non-interest bearing bookkeeping account maintained on behalf of the Employee to which SLF Stock purchased under Sections 4.2 and 4.3 and dividends (net of withholding) shall be allocated and from which shares of SLF Stock shall be
        deducted as they are distributed in accordance with Section 5.2.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Custodian</font>&#8221; means
        the custodian for the Plan appointed by the Committee.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Employee</font>&#8221; means
        any common law employee of an Employer who is not an Excluded Employee.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Employer</font>&#8221; means
        the Company or a Participating Subsidiary.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Excluded Employee</font>&#8221;
        means: (a) a leased employee (as defined below); (b) an individual who provides services to an Employer pursuant to a contract, agreement, or arrangement which designates the individual as an independent contractor or consultant, or which excludes
        the individual from participation in the Plan; (c) an individual who provides services to an Employer pursuant to a contract, agreement, or arrangement between the Employer and a third party; and (d) an individual who is compensated, directly or
        indirectly, by an Employer and whose compensation is treated by the Employer at the time of payment as not being subject to the Employer&#8217;s tax withholding obligations under the Code. For purposes of this definition, a &#8220;leased employee&#8221; means any
        person who is not an employee of an Employer, but who has provided services for an Employer under primary direction or control by the Employer, on a substantially full-time basis for a period of at least one year, pursuant to an agreement between
        the Employer and a leasing organization.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Exercise Date</font>&#8221;
        means the last day of the Offering Period; provided however, that if the New York Stock Exchange is not open on the last day of the Offering Period, the day immediately preceding the last day of the Offering Period on which the New York Stock
        Exchange is open shall be the Exercise Date. The first Exercise Date under the Plan shall be September 30, 2019.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Fair Market Value</font>&#8221;
        means, with respect to shares of SLF Stock as of a particular day, the fair market value as determined by the Committee based on the last sales price of the shares as reported on the New York Stock Exchange.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Offering Date</font>&#8221;
        means the first day of the Offering Period. The first Offering Date under the Plan shall be April 1, 2019.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Offering Period</font>&#8221;
        means (a) the second and third quarters of the calendar year and (b) the fourth quarter of the calendar year and the first quarter of the next calendar year (i.e., April through September and October through March are each an Offering Period). An
        April through September Offering Period shall end on the last day of September and an October through March Offering Period shall end on the last day of March. The first Offering Period under the Plan shall be the second and third quarters of 2019.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Parent Corporation</font>&#8221;
        means any corporation (determined in accordance with Section 7701 of the Code) in an unbroken chain of corporations ending with the Employer if, at the time an option is granted, each of the corporations other than the Employer owns 50% or more of
        the total combined voting power of all classes of stock in one of the other corporations in the chain.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Participating
          Subsidiary</font>&#8221; means any present or future Subsidiary Corporation that has been designated by the Board to participate in the Plan. The Board may so designate any Subsidiary Corporation, or revoke any such designation, at any time and from
        time to time, either before or after the Plan is approved by the stockholders.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Payroll Contribution
          Account</font>&#8221; means the non-interest bearing bookkeeping account maintained on behalf of the Employee under Section 3.4 to which payroll contributions under the Plan are credited and from which amounts are withdrawn to exercise options as of an
        Exercise Date.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Plan</font>&#8221; means the
        Sun Life Financial (U.S.) Services Company, Inc. Employee Stock Purchase Plan, as described in this document and as amended from time to time. In administering the Plan, it may be referred to as the Sun Life Financial U.S. Employee Stock Purchase
        Plan.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SLF Stock</font>&#8221; means
        the common stock of Sun Life Financial Inc. (NYSE ticker SLF).</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Subsidiary Corporation</font>&#8221;
        means any corporation (determined in accordance with Section 7701 of the Code) in an unbroken chain of corporations beginning with the Employer if, at the time an option is granted, each of the corporations other than the last corporation owns 50%
        or more of the total combined voting power of all classes of stock in one of the other corporations in the chain.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;3<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>ENROLLMENT AND CONTRIBUTIONS.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze34559566173411889f80eba4a4d06e0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Eligibility for Enrollment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z3666d220abfd4d8c8ed1291f5574788d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee may enroll in the Plan for an Offering Period unless (i) on the Offering Date of the Plan&#8217;s first
                  Offering Period, the Employee is suspended from making employee 401(k) deferral contributions to the Company&#8217;s Sun Advantage Savings and Investment Plan because he or she previously made a hardship withdrawal from such Plan, or (ii) the
                  Employee would, immediately upon enrollment, own directly or indirectly, or hold options or rights to acquire, an aggregate of 5% or more of the total combined voting power or value of all outstanding shares of all classes of the
                  Employer, a Parent Corporation, or a Subsidiary Corporation, determined in accordance with Section 424(d) of the Code.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zdf9a2258bbaa4f61b447f3f6703ec1e5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee or its designee will notify an Employee that the Employee is first eligible to enroll in the
                  Plan within a sufficient time before the Employee must elect to participate in the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zef7c65812aca4f9e909074f131441cf2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Enrollment Procedure.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z34c0b34d593740a7878aa3416ab67820" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To enroll in the Plan for an Offering Period, an Employee must make an election with the Employer (or its
                  designee) and elect to make contributions under the Plan in accordance with Section 3.3 (i) in such form and manner (including electronically through a website) as determined and communicated by the Committee and (ii) a specified number
                  of days (as determined and communicated by the Committee) prior to the start of an Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4aac7aaa62b44e248148ab78ba06e61a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee whose enrollment in and contributions under the Plan continue throughout an Offering Period will
                  automatically be enrolled in the Plan for the next Offering Period unless:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z87c490c995c544c6a914b529777bb0b1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Employee timely elects to cease participation in the Plan with the Employer (or its designee) before the
                  Offering Date for the next Offering Period in accordance with Section 5.1(a)(i),</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbe6a04fdc1c340289c85b4ab0077c340" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Employee elects to cease payroll contributions during a current Offering Period in accordance with Section
                  5.1(a)(ii),</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z6613ffb900c54b0883d08af83aa7235e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Employee elects to withdraw payroll contributions credited to his or her Payroll Contributions Account in
                  accordance with Section 5.1(a)(iii), or</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zfd7fd1d1259145218ce00510e6cc26ac" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">on the Offering Date the Employee is not eligible to participate in accordance with Section 3.1.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The contribution rate for an Employee who is automatically enrolled for an Offering Period pursuant
        to this Section will be the contribution rate in effect for the immediately preceding Offering Period, unless the Employee makes an election with the Employer (or its designee) to change the contribution rate in accordance with Section 3.3(d).</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z995bbd14e2db4b849c7e706bcc2d4c22" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Contributions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf4ea9bdc58514acdb0a6bc78969937f4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To enroll for the first time in the Plan for an Offering Period, an Employee must elect to make a contribution
                  under the Plan, subject to the terms and conditions prescribed below, by means of payroll deduction for each payroll period within the Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z41de025d3d1144ebbe9516bcb541b8e1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee may elect to make payroll contributions in a whole percentage of Compensation per Offering Period
                  which is not less than 1% and not more than 15% (or such other maximum percentage as the Committee may establish from time to time and communicate to Employees before the Offering Date). An Employee shall not be permitted to make any
                  payments in cash or check or any other form which is not made through payroll deductions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zda2cc426fdb04d2a8b3026a1a398457d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Payroll deductions will commence with the first payroll period that begins within the Offering Period and will
                  be made in conformity with the Employer&#8217;s payroll deduction schedule and practices.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9e2fd5fa2152463c89e1ed355280103f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Unless the Committee permits under uniform rules established by the Committee, and except as provided in
                  Section 5.1, an Employee may, by giving notice to the Employer (or its designee) a specified number of days (as determined and communicated by the Committee) prior to the start of an Offering Period, elect to (i) change the contribution
                  rate effective the first payroll period that begins within the Offering Period or (ii) discontinue contributions only as of the beginning of the Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za0a42780ee6744198e3162a8bdedbcb8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Payroll Contribution Accounts.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All payroll contributions made by an Employee under the Plan will be credited to a Payroll Contribution Account
        maintained by the Employer on behalf of the Employee. The Employer will make the credit as soon as is administratively reasonable after the contributions are withheld from the Employee&#8217;s Compensation. The Employer may use all payroll contributions
        received or held by it for any corporate purpose unless applicable local law requires that those contributions be segregated from the Employer&#8217;s general corporate funds. Until shares of SLF Stock are purchased for an Employee, the Employee will
        only have the rights of an unsecured creditor with respect to those shares and the payroll contributions held by the Employer to purchase those shares.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;4<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>GRANT AND EXERCISE OF OPTION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z261fb5392b65469ea5fe1da5fef99f1a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Grant of Option; Terms.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Enrollment in the Plan for an Offering Period will constitute the grant by the Employer of an option to purchase SLF
        Stock under the Plan for such Offering Period. Enrollment in the Plan (whether initial or continuing) for each Offering Period will constitute a new grant of an option to purchase SLF Stock under the Plan for that Offering Period. Notwithstanding
        anything to the contrary in the Plan, all Employees granted options for an Offering Period shall have the same rights and privileges as required by Section 423(b)(5) of the Code. Each option will be subject to the following terms:</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2cfdfeeda02040ba9fe69a0a678402bf" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The option price will be as specified in Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf7ae547d837f412a829f8f9b1429dfc3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The option will be exercised automatically as of the Exercise Date for the Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z0c5b465e35b44fd2adf89463968a4dd6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The payment by an Employee for the SLF Stock purchased under an option will be made only from amounts credited
                  to the Employee&#8217;s Payroll Contribution Account as a result of payroll deductions in accordance with Section 3.3.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z74f8f9c7765847d5a458d266d43ade43" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Employee shall be granted an option which permits his or her right to purchase shares of SLF Stock under
                  all Code Section 423 employee stock purchase plans of the Employer, Parent Corporations, and Subsidiary Corporations to accrue at a rate which exceeds $25,000 of fair market value of such shares (determined at the time such option is
                  granted) for each calendar year in which such option is outstanding at any time. Any contribution election in effect that would otherwise exceed such limitation shall be given effect only to the maximum extent such limitation would not be
                  violated.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1cd51928aa5e45eaabfe9d68966bf232" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(e)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Employee shall be granted an option for an Offering Period which permits his or her right to purchase
                  shares of SLF Stock to exceed 5,000 shares. Any contribution election in effect that would otherwise exceed such limitation shall be given effect only to the maximum extent such limitation would not be violated.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z46a6ac37575743dd8caee7837e27ee6d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Purchase of SLF Stock; Price.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf8f0eeb6d91644198e9fead0d7f7d578" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Subject to Section 4.1, as soon as administratively reasonable on or following the Exercise Date, the
                  Custodian will apply the aggregate amount credited to each Employee&#8217;s Payroll Contribution Account as of such Exercise Date to purchase in the open market a number of shares of SLF Stock equal to such amount divided by the discounted
                  purchase price for each share that is set forth in Section 4.2(b). The Employer shall pay to the Custodian on behalf of an Employee any additional amount required to purchase the shares in accordance with Section 4.2(b). The shares so
                  purchased for each Employee shall be allocated to the Custodial Account for the Employee. The shares shall be held by the Custodian on behalf of the Employee and registered in the name of a nominee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All such purchases shall be made by the Custodian through a NYSE participating organization, subject
        to the other provisions of this Plan, at such time, price, amount and in such manner (including the choice of the broker through which the purchases are to be made) as may be determined by the Custodian. The Custodian shall avoid disrupting the
        market price for SLF Stock and may, in its discretion, limit the daily volume of its purchase of SLF Stock or make such purchases over several trading days to the extent necessary to do so or as the Custodian otherwise deems to be in the best
        interests of Sun Life Financial Inc.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z208e219704434536b2f37af331a597f0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The option price of each share of SLF Stock purchased as of an Exercise Date shall be 90% of the Fair Market
                  Value of the share on such Exercise Date; or such other price designated by the Committee in its sole discretion; <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">provided</font> that such
                  other price may not be lower than 85% of the Fair Market Value of the share on the Exercise Date.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z3d8b2702411846d9ace3a19a81f2c2c8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Custodial Accounts.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All shares of SLF Stock (whole and fractional) purchased on behalf of an Employee as of an Exercise Date shall be
        credited to such Employee&#8217;s Custodial Account, as of such Exercise Date. Dividends (net of any withholding taxes) received with respect to shares held in an Employee&#8217;s Custodial Account will be credited to the Employee&#8217;s Custodial Account and
        reinvested in additional shares which shall be purchased by the Custodian in the open market as soon as administratively reasonable following receipt of such net dividend payment by the Custodian.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1d4980ff7e0f412897cf449327339a14" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">No Interest on Account Balances.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No interest or other earnings will be credited to any Payroll Contribution Account with respect to (a) amounts credited
        thereto during an Offering Period or (b) amounts to be returned to the Employee, nor shall interest or other earnings (except dividends as provided in Section 4.3 above) be credited to any Custodial Account. Neither the Committee nor the Company
        nor any Employer shall have any obligation to invest or otherwise manage amounts credited to a Payroll Contribution Account or a Custodial Account, other than to apply such amounts to the purchase of SLF Stock in accordance with the terms of the
        Plan.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;5<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>CESSATION OF ENROLLMENT.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4539b0d340644242a187dfd6bdf591d5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Cessation of Enrollment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8b44bdc231ac446ba0d681911a10702a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Subject to Section 5.2, an Employee&#8217;s enrollment in the Plan will cease under the following circumstances:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8eb29d1bc553404a9ca514c0d5fb4d94" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee&#8217;s enrollment will cease as of the beginning of the next Offering Period that is a specified number
                  of days (as determined and communicated by the Committee) after the Employee makes an election specifying such future cessation of enrollment in the form and manner (including electronically through a website) determined and communicated
                  by the Committee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z77a2df9dcd944a19a6334651015181a0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the Committee&#8217;s discretion, based on uniform rules and procedures established from time to time by the
                  Committee, an Employee&#8217;s enrollment will cease during a current Offering Period and for future Offering Periods if the Employee makes an election specifying the cessation of payroll contributions for such current Offering Period and such
                  election is made more than<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font>three months prior to the next Exercise Date. As of the Exercise Date of such Offering Period, SLF Stock
                  shall be purchased with payroll contributions made prior to such cessation of payroll contributions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze4d279a66bf44011bcb40af64615f934" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the Committee&#8217;s discretion, based on uniform rules and procedures established from time to time by the
                  Committee during an Offering Period, an Employee may at any time that is more than three months prior to the next Exercise Date, elect to withdraw all (i.e., 100%) of the payroll contributions credited to his or her Payroll Contribution
                  Account and not yet used to purchase SLF Stock. In such case, the Employee&#8217;s enrollment will cease during such Offering Period and all cash credited to the Employee&#8217;s Payroll Contribution Account shall be paid to the Employee as soon as
                  is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9195180d03c543b29a0b2970ed9cfbeb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(A)</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width:
                  36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Except as provided in Sections 5.1(a)(iv)(B), (C) and (D) below, an Employee&#8217;s enrollment will cease on termination of employment with the Employer
                  for any reason, including death.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd331cfb0810140faa22c15f2288fca3c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 108pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(B)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Employee transfers employment from one Participating Subsidiary to another Participating Subsidiary,
                  the Employee&#8217;s enrollment in the Plan will not cease.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9eba065288704ad0ba67879dbe24fc85" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 108pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(C)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Employee transfers employment from a Participating Subsidiary to a Parent Corporation or to a
                  Subsidiary Corporation which is not a Participating Subsidiary, the Employee&#8217;s enrollment will cease, provided however, if the next Exercise Date is three months or less after the date of such transfer, any amounts previously contributed
                  to the Employee&#8217;s Payroll Contribution Account will be used to purchase SLF Stock in accordance with Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc72edec913a2489fa720a6ecec1fb09e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 108pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(D)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Employee transfers employment from the Employer to Sun Life Investments LLC, the Employee&#8217;s enrollment
                  will cease, provided, however, any amounts previously contributed to the Employee&#8217;s Payroll Contribution Account will be used to purchase SLF Stock in accordance with Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd3e572ad43304a60a29a18cbc5a0619e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(v)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee&#8217;s enrollment will cease as of the date on which the Employee would own directly or indirectly, or
                  hold options or rights to acquire, an aggregate of 5% or more of the total combined voting power or value of all outstanding shares of all classes of the Employer, any Parent Corporation, or any Subsidiary Corporation, determined in
                  accordance with Sections 424(d) of the Code.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9b8d2da9cd8d44a3a9d6f9a8d6f4153f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(vi)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee&#8217;s enrollment will cease upon termination of the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z070b066070d14cbfb9973302e21f73fc" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee whose enrollment in the Plan ceases under this Section other than by reason of termination of the
                  Plan may again enroll in the Plan as of any subsequent Offering Date if the Employee satisfies the eligibility conditions of Section 3.1 as of such date.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z36c65b5ebb0040b0bfd818070d9e278c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Distributions to Employee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf747894db1d04edbb035d1f43355efc8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after an Employee&#8217;s enrollment in the Plan ceases under Section
                  5.1(a)(iv)(A) other than as a result of death, the Committee will direct the Employer to distribute to the Employee cash equal to the total cash held in the Payroll Contribution Account, provided however, if the Employee&#8217;s termination of
                  employment occurs after the 15th day of the last month of an Offering Period, an amount equal to the cash held in the Employee&#8217;s Payroll Contribution Account will be used to purchase SLF Stock in accordance with Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za5f6b525fe8e4e36a79c0a3496cdf71f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after the later of (i) the date an Employee&#8217;s enrollment in the
                  Plan ceases under Section 5.1(a)(iv)(A) other than as a result of death and (ii) the second anniversary of that Employee&#8217;s most recent Offering Date, the Committee will direct the Custodian to distribute to the Employee the whole shares
                  of SLF Stock then credited to the Employee&#8217;s Custodial Account plus cash equal to the fair market value of any fractional shares then credited to the Employee&#8217;s Custodial Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z10148882b5f94104a2fa8ade41a7af34" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after the date an Employee&#8217;s enrollment in the Plan ceases under
                  Section 5.1(a)(iv)(A) as a result of death, (i) the Committee will direct the Employer to distribute to the Employee&#8217;s estate cash equal to the total cash held in the Payroll Contribution Account, and (ii) the Committee will direct the
                  Custodian to distribute to the Employee&#8217;s estate the whole shares of SLF Stock then credited to the Employee&#8217;s Custodial Account plus cash equal to the fair market value of any fractional shares then credited to the Employee&#8217;s Custodial
                  Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb1d02cbee91f42f0bef8612d9d94a576" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after an Employee&#8217;s enrollment in the Plan ceases under Section
                  5.1(a)(vi) (provided that a successor plan is not established), (i) the Committee will direct the Employer to distribute to the Employee cash equal to the total cash held in the Payroll Contribution Account, and (ii) the Committee will
                  direct the Custodian to distribute to the Employee the whole shares of SLF Stock then credited to the Employee&#8217;s Custodial Account plus cash equal to the fair market value of any fractional shares then credited to the Employee&#8217;s Custodial
                  Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zebb74ed4c3e94fac9c1e1f525caeeea8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(e)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee may from time to time request a cash or in-kind distribution of the shares of SLF Stock then
                  credited to the Employee&#8217;s Custodial Account, provided that an in-kind distribution may not include any shares that were credited to the Employee&#8217;s Custodial Account on the Exercise Date of an Offering Period if that Offering Period&#8217;s
                  Offering Date is less than two years ago. Such distribution will be made as soon as is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2279bb137e5a41b2afda7af9480ade12" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(f)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Section 5.1(a)(iii) above permits an Employee to request a withdrawal of cash equal to the total amount
                  credited to the Employee&#8217;s Payroll Contribution Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9f2e5b14ce024057b7719f84d9e01f30" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(g)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If an Employee dies before receiving a distribution under Section 5.2(a), (b), (d), (e), or (f), all shares of
                  SLF Stock and cash amounts payable under that Section to the Employee will be distributed to the Employee&#8217;s estate as soon as is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z42e6ed5539d94ff2ab9fe26145cf02c6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(h)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If a distribution of certificates representing the Employee&#8217;s shares of SLF Stock is distributed to the
                  Employee (or the Employee&#8217;s estate), he or she shall pay the Custodian a reasonable fee determined by the Committee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z3d77e1f47f5149ecb3e4cd9f2c29b423" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If an Employee (or the Employee&#8217;s estate) elects that a distribution be made in cash instead of certificates
                  representing shares of SLF Stock, he or she shall pay and authorizes the Custodian or Employer to withhold any brokerage fee or expense to sell the shares on his or her behalf.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;6<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>PLAN ADMINISTRATION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z55944b58fc5740098c4963257eb4650f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan will be administered by the Committee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4b2775a29d604620974078f8c0aa9dbd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee Powers.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1ed4d752ddd5421abda3acb0ef624209" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will have all powers appropriate to administer the Plan including, but not limited to, the
                  following:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1059a22fd11445b1b03a5baaa5754eb5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To determine all questions that may arise under the Plan, including the power to determine the rights or
                  eligibility of an Employee or the Employee&#8217;s estate;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zeb3c99c5cbbf4b7bb485814f35f90711" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To construe the terms of the Plan and to remedy ambiguities, inconsistencies or omissions;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9ed0109768ee44d5a49dec0d56a82ffe" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To adopt such rules of procedure and prescribe such forms as it considers appropriate for the proper
                  administration of the Plan and are consistent with the Plan;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z693d23a497334afdb745b82668ccca51" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To enforce the Plan provisions and any rules of procedure which it adopts;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc9d0811b29d84d20a28f45d16c013cc4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(v)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To employ agents, attorneys, accountants, actuaries, or other persons, and to allocate or delegate to them
                  such powers, rights, and duties as it considers appropriate for the proper administration of the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z36b795c6fae74e2bb4a02988765387ef" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will have such further powers and duties as may be elsewhere specified in the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z05017f830f49407086008d20b84fb60f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee Actions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The actions of the Committee may be taken at a meeting by a majority of its members, in writing without a meeting if all
        members of the Committee sign such writing or by the use of a conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other and participation in such a meeting in this manner
        shall constitute attendance and presence in person at the meeting of the person or persons so participating for all purposes. In taking action:</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z76ebe25d356d4f719b3d08886a93d363" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee may allocate authority to a specific member(s) of the Committee to carry out such duties as the
                  Committee may assign;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z95b8434b25a240d4beab5584ad8e853e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">A member of the Committee may by writing delegate any or all of such member&#8217;s rights, powers, and duties to
                  any other member of the Committee, with the consent of the latter; and</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5cfc5886ff994947b4dc68fb7bd328f6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee may delegate to any agents such duties and powers, as it deems appropriate, by an instrument in
                  writing which specifies which duties are so delegated and to whom each such duty is so delegated.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z94f887ed050b4454862fb1e18105969c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Member Who is Participant.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If a member of the Committee is an Employee, such member may not decide any matter relating to the member&#8217;s
        participation or Accounts or how the Accounts are to be paid to the member that the member would not have the right to decide in the absence of membership on the Committee, and no Employee will receive any compensation for services as a member of
        the Committee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z919641bbaa0b46338abcc738b2b63779" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.5</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Information Required from Employer.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Employer will furnish the Committee with such data and information as the Committee deems appropriate to administer
        the Plan. The records of the Employer as to an Employee&#8217;s Compensation will be conclusive on all persons unless determined by the Committee to be clearly incorrect.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zdeb07ab0e0a84ae28722d07f69bf6797" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.6</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Information Required from Employees.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Each person entitled to benefits under the Plan must furnish the Employer from time to time such person&#8217;s mailing
        address, each change of mailing address, and such other data and information as the Committee deems appropriate to administer the Plan. Any communication, statement, or notice mailed with postage prepaid to any person at the last mailing address
        filed with the Employer will be binding upon such person for all purposes of the Plan.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zcba643ad8aea4520bb923661694e24cb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.7</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Uniform Rules and Administration.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will administer the Plan on a nondiscriminatory basis and will apply uniform rules to all persons
        similarly situated.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;7<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>AMENDMENT AND TERMINATION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9492b543ebf643cd800078c7a0bc3b97" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amendment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zeb042c46a8d749d88e1b9bbafbd0d6e9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Company reserves the right to amend the Plan from time to time subject to the following limitations:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd463f84e55c94cb481db1417654b69c3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will be made without the prior approval of the stockholders of the Company if the amendment will
                  (1) increase the number of shares of SLF Stock that may be purchased under the Plan, or (2) materially modify the eligibility conditions or increase the benefits available to Employees under the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9687a1a5d05c46449d6f39e9d1ac2439" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will make any change in an option granted previously and outstanding which adversely affects the
                  rights of an Employee with respect to such option.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8a5c9f0bd4f0497dbbf88de6eb94802f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will reduce the amount of an Employee&#8217;s Payroll Contribution Account or Custodial Account
                  balance.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z115cfcdd40674bfca2522062e121a3b6" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will be made which will cause the Plan to not satisfy the requirements under Section 423 of the
                  Code.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za420135ab81a4853828de9f2198afb0e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Company hereby delegates to the President of the Company the power to amend the Plan, subject to the
                  limitations of this Section.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z12d31a21dfb84699923f7906e3f1a72d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Termination.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is entirely voluntary on the part of the Company and the continuance of the Plan should not be construed as a
        contractual obligation of the Company. Accordingly, the Company through its Board reserves the right to terminate the Plan at any time. Unless sooner terminated by the Board, the Plan shall terminate on the date all of the shares specified in
        Section 1.4(a) are purchased unless additional shares are authorized for the Plan by the stockholders of the Company. No option may be granted under the Plan after the Plan is terminated.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4089dd2650fa4d22b3f6be797dd3704c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Rights Upon Termination.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z857af1264f5245c68779caa4c3d8953b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Plan terminates, the Committee may elect to terminate all outstanding options to purchase shares of SLF
                  Stock under the Plan either immediately or upon completion of the purchase of shares as of the next following Exercise Date.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z29449df252cf43d78317dc102cddd80b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Committee terminates an option to purchase shares prior to the expiration of the option, an amount
                  equal to all amounts contributed to the Plan which remain in an Employee&#8217;s Payroll Contribution Account will be returned to the Employee as soon as is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;8<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>GENERAL PROVISIONS.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z56da2dc51045415a9ef66ea0e3a676a0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">No Transfer or Assignment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The rights of an Employee under the Plan may not be sold, pledged, assigned, or transferred, voluntarily or
        involuntarily, in any manner other than by will or the laws of descent and distribution. Any such attempted sale, pledge, assignment or transfer shall be without effect. An Employee&#8217;s rights and all options granted under the Plan shall only be
        exercisable during his or her lifetime by such Employee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze8c136c3446a4184ace68f8bdf9cfb65" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Equal Rights and Privileges.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All Employees who are granted options under the Plan for the Offering Period will have equal rights and privileges with
        respect to such option.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zfd4b9583a71147258b6912c9c8940abc" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Rights as Stockholder.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The grant of an option to purchase shares of SLF Stock under the Plan will not confer upon an Employee any rights as a
        stockholder of Sun Life Financial Inc. with respect to shares subject to the option. An Employee will become a stockholder with respect to shares subject to an option under the Plan only when the purchase of such shares is completed as of an
        Exercise Date. At such time, the Employee will receive stockholder rights, including the right to vote and receive dividends.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z52ace26aeaeb415291717a1694195b6c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Rights as Employee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is not a contract of employment, and the grant of an option to purchase shares of SLF Stock under the Plan will
        not confer upon any Employee the right to be retained in the employ of Company or any Employer. An Employee&#8217;s enrollment in the Plan shall constitute a waiver of any and all rights to compensation or damages relating to the cessation of such
        Employee&#8217;s eligibility to participate in the Plan upon termination of the Plan or termination of the Employee&#8217;s employment for any reason whatsoever.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbf170b9827094cdf83075adf8007b08b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.5</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Costs.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All costs and expenses incurred in the administration of the Plan will be paid by the Company and any Participating
        Subsidiaries. Any brokerage fees or expenses for the sale or transfer of shares by an Employee will be borne by the Employee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zcb2566a53c1d4ab5a0585d20bafbdb7a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.6</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Liability for Taxes.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Each Employee shall be responsible for, and will indemnify the Employer against, any federal, state, or local income or
        other applicable taxes, including any interest or penalties relating thereto, to which the Employee may be subject as a result of the Employee&#8217;s participation in the Plan or the Employee&#8217;s sale of shares acquired thereunder.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z44f36a24405c49c59f12da178b00da92" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.7</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Reports.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will provide or cause to be provided to each Employee no less frequently than annually a report of the
        Employee&#8217;s contributions under the Plan for the reporting period, the shares of SLF Stock purchased with such contributions, any dividends received with respect to such shares, and shares purchased with respect to such dividends.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z7345bf61c1fd42ddb4480e95527f3e55" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.8</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Governmental Approval.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan and any offering or sale made to Employees under the Plan are subject to any governmental requirements,
        approvals, or consents that are or may become applicable in connection herewith.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1fd5c7eab38a49849013622e3f4ce4dd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.9</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stockholder Approval.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan (a) is subject to approval (i) by the holders of a majority of the shares of common stock of the Company
        present in person or by proxy and voting at the meeting at which the Plan is considered or (ii) by written consent of the stockholders, and (b) shall not be effective without such approval.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z841ee37ab851454481059aec7bfb786d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.10</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Conditions Upon Purchase of Shares.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Shares of SLF Stock shall not be purchased with respect to an option unless the exercise of such option and the purchase
        and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules
        and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4dc3301e80c040f6a1e34a7a2e8cd069" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.11</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sun Life Financial Securities Trading Policy</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Securities Trading Chapter of Sun Life Financial Inc.&#8217;s Disclosure and Securities Trading Policy as in effect from
        time to time (the &#8220;Policy&#8221;) may be applicable to an Employee&#8217;s exercise of a right under the Plan. Notwithstanding any Plan provision to the contrary, no Employee shall, while in the possession of confidential Material Information (as such term is
        defined in the Policy), elect to enroll under Section 3.2(a), elect to cease participation under Section 5.1(a)(i), elect to cease payroll contributions under Section 5.1(a)(ii), elect to withdraw payroll contributions under Section 5.1(a)(iii), or
        elect under Section 5.2(e) a cash distribution of SLF Stock credited to the Employee&#8217;s Custodial Account. The Committee may require an Employee to acknowledge that such an election is being made in compliance with the Policy.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z50b17819b77c4220842eb7baf5f8e13c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.12</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Applicable Law.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan will be governed by the laws of the State of Delaware, without regard to the law of conflicts of such state, to
        the extent that federal law does not preempt such laws.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd20d782b26e24d24b2d44fd93830a8ea" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.13</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Number.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">When the context permits, words in the Plan used in the singular include the plural and words in the plural include the
        singular.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8414e58b0024493697521e2d2ed2f10f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.14</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Headings.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All headings in the Plan are included solely for ease of reference and do not bear on the interpretation of the text.</font></div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23
<SEQUENCE>3
<FILENAME>ex23.htm
<DESCRIPTION>CONSENT
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sun Life Financial
         Document created using EDGARfilings PROfile 5.1.0.0
         Copyright 1995 - 2019 Broadridge -->
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<body text="#000000" bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
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    <div><br>
    </div>
    <div style="text-align: left; margin-top: 13.5pt; font-family: 'Times New Roman', Times, serif; font-size: 14pt; font-weight: bold;">Consent of Independent Registered Public Accounting Firm</div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">We consent to the incorporation by reference in this Registration Statement on Form S-8 of our reports relating to the financial statements of
        Sun Life Financial Inc. and subsidiaries (the &#8220;Company&#8221;) and the effectiveness of the Company's internal control over financial reporting dated February 13, 2019, appearing in the Annual Report on Form 40-F of the Company for the year ended
        December 31, 2018.</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">/s/ Deloitte LLP</font></div>
    <div><br>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Chartered Professional Accountants</font></div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Licensed Public Accountants</font></div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Toronto, Ontario, Canada</font></div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">February 14, 2019</font></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>4
<FILENAME>fileb.htm
<DESCRIPTION>EX4.4
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Sun Life Financial
         Document created using EDGARfilings PROfile 5.1.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body text="#000000" bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;">
  <div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">SUN LIFE INVESTMENTS LLC</div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">EMPLOYEE STOCK PURCHASE PLAN</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">FEBRUARY 1, 2019</font></div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div style="margin-bottom: 12pt;"><br>
    </div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 1 INTRODUCTION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.1</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Purpose&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.1</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Stock Purchase Plan&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.1</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Effective Date and Term&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..1</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Stock Subject to Plan&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...1</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">1.5</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Administrative Responsibilities&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...1</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 2 DEFINITIONS&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;2</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 3 ENROLLMENT AND CONTRIBUTIONS&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...4</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Eligibility for Enrollment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.4</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Enrollment Procedure&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..4</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Contributions&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...5</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">3.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Payroll Contribution Accounts&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;5</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 4 GRANT AND EXERCISE OF OPTION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...5</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Grant of Option; Terms&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;5</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Purchase of SLF Stock; Price&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..6</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Custodial Accounts&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..7</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">4.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Interest on Account Balances&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.7</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 5 CESSATION OF ENROLLMENT&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;7</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Cessation of Enrollment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..7</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">5.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Distributions to Employee&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...9</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 6 PLAN ADMINISTRATION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Committee&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Committee Powers&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Committee Actions&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;10</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Member Who is Participant&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.5</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Information Required from Employer&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.6</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Information Required from Employees&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">6.7</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Uniform Rules and Administration&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;11</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 7 AMENDMENT AND TERMINATION&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..11</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Amendment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;11</font></div>
    <div style="text-align: left; margin-left: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Termination&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;12</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">7.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rights Upon Termination&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..12</font></div>
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    <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">ARTICLE 8 GENERAL PROVISIONS&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...12</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.1</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Transfer or Assignment&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;12</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.2</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Equal Rights and Privileges&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.3</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rights as Stockholder&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.4</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Rights as Employee&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.5</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Costs&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.6</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Liability for Taxes&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.7</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Reports&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;...13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.8</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Governmental Approval&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.13</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.9</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Stockholder Approval&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.10</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Conditions Upon Purchase of Shares&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;.14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.11</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Financial Securities Trading Policy&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.12</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Applicable Law&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.13</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Number&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;..14</font></div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">8.14</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Headings&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;14</font></div>
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    <div style="text-align: center; margin-top: 6pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SUN LIFE INVESTMENTS LLC<font style="font-size: 10pt; font-family: 'Times New Roman',
          Times, serif;"><br>
        </font>EMPLOYEE STOCK PURCHASE PLAN</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;1<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>INTRODUCTION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbb609a429d5b43cb84bbc0c0859f08b0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Purpose.</font></div>
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Sun Life Investments LLC (the &#8220;Company&#8221;) hereby establishes the Plan to provide eligible Employees the opportunity to
        acquire stock in Sun Life Financial Inc. at a discount and thereby provide such Employees with an additional incentive to contribute to the long term profitability and success of Sun Life Financial Inc. The Plan is for the exclusive benefit of
        eligible Employees of the Company and any Participating Subsidiaries.</font></div>
    <div>
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              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stock Purchase Plan.</font></div>
            </td>
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is a stock purchase plan that is intended to satisfy all requirements of Section 423 of the Code. Any provision
        of the Plan inconsistent with Section 423 of the Code will, without further act or amendment by the Company, be reformed to comply with Section 423 of the Code.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z3a6b3c58128246c5b8b8359edc8d569e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Effective Date and Term.</font></div>
            </td>
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is effective February 1, 2019, pursuant to approval of the Plan by the stockholders of the Company. The Plan
        shall continue in effect until terminated in accordance with Section 7.2.</font></div>
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              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stock Subject to Plan.</font></div>
            </td>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf72a708a706a4051a1d4c2d34fac0486" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The SLF Stock subject to purchase under the Plan shall be acquired in the open market by the Custodian. The
                  aggregate number of shares of SLF Stock that may be purchased under the Plan shall not exceed 50,000 shares. All shares of SLF Stock purchased under the Plan other than shares purchased as a result of the reinvestment of dividends will
                  count towards this limitation. If, on a given Exercise Date, the number of shares which are to be purchased exceeds the number of shares then available under the Plan, the Committee shall make a pro-rata allocation of the shares remaining
                  available for purchase in as uniform a manner as shall be practicable and as it shall determine to be equitable.</font></div>
            </td>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1596edcbf5db4916b6566329a3183ee0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In case of a reorganization, recapitalization, stock split, reverse stock split, stock dividend, combination
                  of shares, merger, consolidation, offering of rights or other change in the capital structure of Sun Life Financial Inc., the Committee shall make such adjustment as it deems appropriate in the number, kind, and purchase price of shares
                  available for purchase under the Plan so that the aggregate consideration payable by the Employers, and the value of the benefit to Employees, shall not be changed.</font></div>
            </td>
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      <table cellspacing="0" cellpadding="0" id="zec5cd4a0830e489ab8e317b7454b801e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">1.5</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Administrative Responsibilities.</font></div>
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    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For all administrative purposes, the Committee may designate a Subsidiary Corporation or another corporation affiliated
        with the Company to perform some or all of the administrative responsibilities under the Plan.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;2<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>DEFINITIONS.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">For purposes of the Plan, the following words and phrases, whether or not capitalized, have the meanings specified
        below, unless the context plainly requires a different meaning:</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Board</font>&#8221; means the
        Board of Directors from time to time of the Company.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Code</font>&#8221; means the
        Internal Revenue Code of 1986, as amended from time to time, and all regulations thereunder.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee</font>&#8221; means
        the Benefit Plans Committee of Sun Life Financial (U.S.) Services Company, Inc. established under its Sun Advantage Savings and Investment Plan.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Company</font>&#8221; means
        Sun Life Investments LLC and its successors and assigns.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Compensation</font>&#8221;
        means regular salary and earnings (including shift earnings) paid to an Employee by an Employer and shall not include overtime, bonuses, commissions, sales draws, severance and other termination payments, or any other remuneration paid to the
        Employee. Compensation is the Employee&#8217;s &#8220;gross&#8221; amount of regular salary and earnings that is paid and not the &#8220;net&#8221; amount after the Employer deducts all the Employee&#8217;s applicable payroll deductions. (For greater certainty, if an Employee is paid
        less than 100% of his or her regular salary and earnings because he or she is on a paid or unpaid leave of absence, Compensation is limited to the amount that is paid.) The includable and excludable types of Compensation shall be determined by an
        Employer in its sole discretion based on its human resources information systems records.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Custodial Account</font>&#8221;
        means the non-interest bearing bookkeeping account maintained on behalf of the Employee to which SLF Stock purchased under Sections 4.2 and 4.3 and dividends (net of withholding) shall be allocated and from which shares of SLF Stock shall be
        deducted as they are distributed in accordance with Section 5.2.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Custodian</font>&#8221; means
        the custodian for the Plan appointed by the Committee.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Employee</font>&#8221; means
        any common law employee of an Employer who is not an Excluded Employee.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Employer</font>&#8221; means
        the Company or a Participating Subsidiary.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Excluded Employee</font>&#8221;
        means: (a) a leased employee (as defined below); (b) an individual who provides services to an Employer pursuant to a contract, agreement, or arrangement which designates the individual as an independent contractor or consultant, or which excludes
        the individual from participation in the Plan; (c) an individual who provides services to an Employer pursuant to a contract, agreement, or arrangement between the Employer and a third party; and (d) an individual who is compensated, directly or
        indirectly, by an Employer and whose compensation is treated by the Employer at the time of payment as not being subject to the Employer&#8217;s tax withholding obligations under the Code. For purposes of this definition, a &#8220;leased employee&#8221; means any
        person who is not an employee of an Employer, but who has provided services for an Employer under primary direction or control by the Employer, on a substantially full-time basis for a period of at least one year, pursuant to an agreement between
        the Employer and a leasing organization.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Exercise Date</font>&#8221;
        means the last day of the Offering Period; provided however, that if the New York Stock Exchange is not open on the last day of the Offering Period, the day immediately preceding the last day of the Offering Period on which the New York Stock
        Exchange is open shall be the Exercise Date. The first Exercise Date under the Plan shall be September 30, 2019.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Fair Market Value</font>&#8221;
        means, with respect to shares of SLF Stock as of a particular day, the fair market value as determined by the Committee based on the last sales price of the shares as reported on the New York Stock Exchange.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Offering Date</font>&#8221;
        means the first day of the Offering Period. The first Offering Date under the Plan shall be April 1, 2019.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Offering Period</font>&#8221;
        means (a) the second and third quarters of the calendar year and (b) the fourth quarter of the calendar year and the first quarter of the next calendar year (i.e., April through September and October through March are each an Offering Period). An
        April through September Offering Period shall end on the last day of September and an October through March Offering Period shall end on the last day of March. The first Offering Period under the Plan shall be the second and third quarters of 2019.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Parent Corporation</font>&#8221;
        means any corporation (determined in accordance with Section 7701 of the Code) in an unbroken chain of corporations ending with the Employer if, at the time an option is granted, each of the corporations other than the Employer owns 50% or more of
        the total combined voting power of all classes of stock in one of the other corporations in the chain.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Participating
          Subsidiary</font>&#8221; means any present or future Subsidiary Corporation that has been designated by the Board to participate in the Plan. The Board may so designate any Subsidiary Corporation, or revoke any such designation, at any time and from
        time to time, either before or after the Plan is approved by the stockholders.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Payroll Contribution
          Account</font>&#8221; means the non-interest bearing bookkeeping account maintained on behalf of the Employee under Section 3.4 to which payroll contributions under the Plan are credited and from which amounts are withdrawn to exercise options as of an
        Exercise Date.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Plan</font>&#8221; means the
        Sun Life Investments LLC Employee Stock Purchase Plan, as described in this document and as amended from time to time. In administering the Plan, it may be referred to as the Sun Life Financial U.S. Employee Stock Purchase Plan.</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">SLF Stock</font>&#8221; means
        the common stock of Sun Life Financial Inc. (NYSE ticker SLF).</font></div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Subsidiary Corporation</font>&#8221;
        means any corporation (determined in accordance with Section 7701 of the Code) in an unbroken chain of corporations beginning with the Employer if, at the time an option is granted, each of the corporations other than the last corporation owns 50%
        or more of the total combined voting power of all classes of stock in one of the other corporations in the chain.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;3<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>ENROLLMENT AND CONTRIBUTIONS.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zea4174e8f39c4bf5a55a83a36aaa7b73" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Eligibility for Enrollment.</font></div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z6da4791817bc4ffaa219215bf5421b1a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee may enroll in the Plan for an Offering Period unless (i) on the Offering Date of the Plan&#8217;s first
                  Offering Period, the Employee is suspended from making employee 401(k) deferral contributions to the Company&#8217;s Sun Advantage Savings and Investment Plan because he or she previously made a hardship withdrawal from such Plan, or (ii) the
                  Employee would, immediately upon enrollment, own directly or indirectly, or hold options or rights to acquire, an aggregate of 5% or more of the total combined voting power or value of all outstanding shares of all classes of the
                  Employer, a Parent Corporation, or a Subsidiary Corporation, determined in accordance with Section 424(d) of the Code.</font></div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd4467f65f67e45c496210a807833a464" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee or its designee will notify an Employee that the Employee is first eligible to enroll in the
                  Plan within a sufficient time before the Employee must elect to participate in the Plan.</font></div>
            </td>
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      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc6f3268652714faf81a5758d2a43abfa" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Enrollment Procedure.</font></div>
            </td>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z65e430e43794406788df556ab4563ece" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To enroll in the Plan for an Offering Period, an Employee must make an election with the Employer (or its
                  designee) and elect to make contributions under the Plan in accordance with Section 3.3 (i) in such form and manner (including electronically through a website) as determined and communicated by the Committee and (ii) a specified number
                  of days (as determined and communicated by the Committee) prior to the start of an Offering Period.</font></div>
            </td>
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    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zdebdae2156944c549606cab4331b27ba" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

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            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee whose enrollment in and contributions under the Plan continue throughout an Offering Period will
                  automatically be enrolled in the Plan for the next Offering Period unless:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2834a94c90704a2499ccf304cbe7c160" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Employee timely elects to cease participation in the Plan with the Employer (or its designee) before the
                  Offering Date for the next Offering Period in accordance with Section 5.1(a)(i),</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zeceef3b06a0d4835bb1b0819b3b368b1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Employee elects to cease payroll contributions during a current Offering Period in accordance with Section
                  5.1(a)(ii),</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8ed78123170b44d59fd54c5000819eea" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">the Employee elects to withdraw payroll contributions credited to his or her Payroll Contributions Account in
                  accordance with Section 5.1(a)(iii), or</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z05795f2c5cc747e59dafe94c0476dc38" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">on the Offering Date the Employee is not eligible to participate in accordance with Section 3.1.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The contribution rate for an Employee who is automatically enrolled for an Offering Period pursuant
        to this Section will be the contribution rate in effect for the immediately preceding Offering Period, unless the Employee makes an election with the Employer (or its designee) to change the contribution rate in accordance with Section 3.3(d).</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zfd6199aa0cd04eae9b936ff0b305ab86" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Contributions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze3362def5c9946b7874371365b34fcab" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To enroll for the first time in the Plan for an Offering Period, an Employee must elect to make a contribution
                  under the Plan, subject to the terms and conditions prescribed below, by means of payroll deduction for each payroll period within the Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf4d45ec97a804a799bc057a5343d4fec" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee may elect to make payroll contributions in a whole percentage of Compensation per Offering Period
                  which is not less than 1% and not more than 15% (or such other maximum percentage as the Committee may establish from time to time and communicate to Employees before the Offering Date). An Employee shall not be permitted to make any
                  payments in cash or check or any other form which is not made through payroll deductions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z6d1f6de7ac784737ac1ec62412adab94" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Payroll deductions will commence with the first payroll period that begins within the Offering Period and will
                  be made in conformity with the Employer&#8217;s payroll deduction schedule and practices.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4bcb5e62527c4912b930b7663fffbb61" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Unless the Committee permits under uniform rules established by the Committee, and except as provided in
                  Section 5.1, an Employee may, by giving notice to the Employer (or its designee) a specified number of days (as determined and communicated by the Committee) prior to the start of an Offering Period, elect to (i) change the contribution
                  rate effective the first payroll period that begins within the Offering Period or (ii) discontinue contributions only as of the beginning of the Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z34abf14fcfb0426abc188d57518c0e0d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">3.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Payroll Contribution Accounts.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All payroll contributions made by an Employee under the Plan will be credited to a Payroll Contribution Account
        maintained by the Employer on behalf of the Employee. The Employer will make the credit as soon as is administratively reasonable after the contributions are withheld from the Employee&#8217;s Compensation. The Employer may use all payroll contributions
        received or held by it for any corporate purpose unless applicable local law requires that those contributions be segregated from the Employer&#8217;s general corporate funds. Until shares of SLF Stock are purchased for an Employee, the Employee will
        only have the rights of an unsecured creditor with respect to those shares and the payroll contributions held by the Employer to purchase those shares.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;4<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>GRANT AND EXERCISE OF OPTION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z99ff5b3a441840bd8a88f9968275b882" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Grant of Option; Terms.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Enrollment in the Plan for an Offering Period will constitute the grant by the Employer of an option to purchase SLF
        Stock under the Plan for such Offering Period. Enrollment in the Plan (whether initial or continuing) for each Offering Period will constitute a new grant of an option to purchase SLF Stock under the Plan for that Offering Period. Notwithstanding
        anything to the contrary in the Plan, all Employees granted options for an Offering Period shall have the same rights and privileges as required by Section 423(b)(5) of the Code. Each option will be subject to the following terms:</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd30442a70f144de2b07df290fd1affdd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The option price will be as specified in Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5ff92c974f944c39990b0d5b8586cabf" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The option will be exercised automatically as of the Exercise Date for the Offering Period.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2422bc1eb42e4eb5a37af3533eb7909a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The payment by an Employee for the SLF Stock purchased under an option will be made only from amounts credited
                  to the Employee&#8217;s Payroll Contribution Account as a result of payroll deductions in accordance with Section 3.3.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc9f0abee7609468abea7799fc8dae694" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Employee shall be granted an option which permits his or her right to purchase shares of SLF Stock under
                  all Code Section 423 employee stock purchase plans of the Employer, Parent Corporations, and Subsidiary Corporations to accrue at a rate which exceeds $25,000 of fair market value of such shares (determined at the time such option is
                  granted) for each calendar year in which such option is outstanding at any time. Any contribution election in effect that would otherwise exceed such limitation shall be given effect only to the maximum extent such limitation would not be
                  violated.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z698a9be3e2e74ef2b77d911a31cbccc2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(e)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No Employee shall be granted an option for an Offering Period which permits his or her right to purchase
                  shares of SLF Stock to exceed 5,000 shares. Any contribution election in effect that would otherwise exceed such limitation shall be given effect only to the maximum extent such limitation would not be violated.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2ceea9566094421d9b44f65f8633b63b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Purchase of SLF Stock; Price.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5ff1d1f2950745bfbdc79c50fd79979d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Subject to Section 4.1, as soon as administratively reasonable on or following the Exercise Date, the
                  Custodian will apply the aggregate amount credited to each Employee&#8217;s Payroll Contribution Account as of such Exercise Date to purchase in the open market a number of shares of SLF Stock equal to such amount divided by the discounted
                  purchase price for each share that is set forth in Section 4.2(b). The Employer shall pay to the Custodian on behalf of an Employee any additional amount required to purchase the shares in accordance with Section 4.2(b). The shares so
                  purchased for each Employee shall be allocated to the Custodial Account for the Employee. The shares shall be held by the Custodian on behalf of the Employee and registered in the name of a nominee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All such purchases shall be made by the Custodian through a NYSE participating organization, subject
        to the other provisions of this Plan, at such time, price, amount and in such manner (including the choice of the broker through which the purchases are to be made) as may be determined by the Custodian. The Custodian shall avoid disrupting the
        market price for SLF Stock and may, in its discretion, limit the daily volume of its purchase of SLF Stock or make such purchases over several trading days to the extent necessary to do so or as the Custodian otherwise deems to be in the best
        interests of Sun Life Financial Inc.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za7245469c1074351bc1eb1a10b2210a9" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The option price of each share of SLF Stock purchased as of an Exercise Date shall be 90% of the Fair Market
                  Value of the share on such Exercise Date; or such other price designated by the Committee in its sole discretion; <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-style: italic;">provided</font> that such
                  other price may not be lower than 85% of the Fair Market Value of the share on the Exercise Date.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc70b13865af64962814082262fa401ae" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Custodial Accounts.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All shares of SLF Stock (whole and fractional) purchased on behalf of an Employee as of an Exercise Date shall be
        credited to such Employee&#8217;s Custodial Account, as of such Exercise Date. Dividends (net of any withholding taxes) received with respect to shares held in an Employee&#8217;s Custodial Account will be credited to the Employee&#8217;s Custodial Account and
        reinvested in additional shares which shall be purchased by the Custodian in the open market as soon as administratively reasonable following receipt of such net dividend payment by the Custodian.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5864696667004d11b5360a9e69fefc2b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">4.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">No Interest on Account Balances.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No interest or other earnings will be credited to any Payroll Contribution Account with respect to (a) amounts credited
        thereto during an Offering Period or (b) amounts to be returned to the Employee, nor shall interest or other earnings (except dividends as provided in Section 4.3 above) be credited to any Custodial Account. Neither the Committee nor the Company
        nor any Employer shall have any obligation to invest or otherwise manage amounts credited to a Payroll Contribution Account or a Custodial Account, other than to apply such amounts to the purchase of SLF Stock in accordance with the terms of the
        Plan.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;5<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>CESSATION OF ENROLLMENT.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4e271abfb544426c93970b321f7b89b3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Cessation of Enrollment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze1569dcd57a24b09b323c5f126f64d01" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Subject to Section 5.2, an Employee&#8217;s enrollment in the Plan will cease under the following circumstances:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z778c06166cf84323bd95f9645b38ef50" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee&#8217;s enrollment will cease as of the beginning of the next Offering Period that is a specified number
                  of days (as determined and communicated by the Committee) after the Employee makes an election specifying such future cessation of enrollment in the form and manner (including electronically through a website) determined and communicated
                  by the Committee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2c25f8236f0d4e18bc000df869ca07cf" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the Committee&#8217;s discretion, based on uniform rules and procedures established from time to time by the
                  Committee, an Employee&#8217;s enrollment will cease during a current Offering Period and for future Offering Periods if the Employee makes an election specifying the cessation of payroll contributions for such current Offering Period and such
                  election is made more than<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">&#160;</font>three months prior to the next Exercise Date. As of the Exercise Date of such Offering Period, SLF Stock
                  shall be purchased with payroll contributions made prior to such cessation of payroll contributions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z4da1088a813b4899b3487845f2eca18d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">In the Committee&#8217;s discretion, based on uniform rules and procedures established from time to time by the
                  Committee during an Offering Period, an Employee may at any time that is more than three months prior to the next Exercise Date, elect to withdraw all (i.e., 100%) of the payroll contributions credited to his or her Payroll Contribution
                  Account and not yet used to purchase SLF Stock. In such case, the Employee&#8217;s enrollment will cease during such Offering Period and all cash credited to the Employee&#8217;s Payroll Contribution Account shall be paid to the Employee as soon as
                  is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8363fe2e88c444a3af3f1305d9869b0f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(A)</font><font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width:
                  36pt">&#160;</font><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Except as provided in Sections 5.1(a)(iv)(B), (C) and (D) below, an Employee&#8217;s enrollment will cease on termination of employment with the Employer
                  for any reason, including death.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd54454dcab46450faef23efa926927cf" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 108pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(B)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Employee transfers employment from one Participating Subsidiary to another Participating Subsidiary,
                  the Employee&#8217;s enrollment in the Plan will not cease.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za6cf7654483c47b2ae6019085e2f44bd" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 108pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(C)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Employee transfers employment from a Participating Subsidiary to a Parent Corporation or to a
                  Subsidiary Corporation which is not a Participating Subsidiary, the Employee&#8217;s enrollment will cease, provided however, if the next Exercise Date is three months or less after the date of such transfer, any amounts previously contributed
                  to the Employee&#8217;s Payroll Contribution Account will be used to purchase SLF Stock in accordance with Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb8313360f94e4c2caa9649d20a69f88e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 144pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 108pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(D)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Employee transfers employment from the Employer to Sun Life Financial (U.S.) Services Company, Inc.,
                  the Employee&#8217;s enrollment will cease, provided, however, any amounts previously contributed to the Employee&#8217;s Payroll Contribution Account will be used to purchase SLF Stock in accordance with Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb90f9e052b2c4ef18aab66b98b769252" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(v)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee&#8217;s enrollment will cease as of the date on which the Employee would own directly or indirectly, or
                  hold options or rights to acquire, an aggregate of 5% or more of the total combined voting power or value of all outstanding shares of all classes of the Employer, any Parent Corporation, or any Subsidiary Corporation, determined in
                  accordance with Sections 424(d) of the Code.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z08affebf979f4e3bb2bb1869050124d5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(vi)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee&#8217;s enrollment will cease upon termination of the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z594724d4429c47e895d2b1d2ea6c51a8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee whose enrollment in the Plan ceases under this Section other than by reason of termination of the
                  Plan may again enroll in the Plan as of any subsequent Offering Date if the Employee satisfies the eligibility conditions of Section 3.1 as of such date.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zdfd7b7e08f6e42ac99f1880a63a6597d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">5.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Distributions to Employee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1371d28486bf43d38c235aeab22f675d" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after an Employee&#8217;s enrollment in the Plan ceases under Section
                  5.1(a)(iv)(A) other than as a result of death, the Committee will direct the Employer to distribute to the Employee cash equal to the total cash held in the Payroll Contribution Account, provided however, if the Employee&#8217;s termination of
                  employment occurs after the 15th day of the last month of an Offering Period, an amount equal to the cash held in the Employee&#8217;s Payroll Contribution Account will be used to purchase SLF Stock in accordance with Section 4.2.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z9d44e101884f4f52ae3580913b984f6b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after the later of (i) the date an Employee&#8217;s enrollment in the
                  Plan ceases under Section 5.1(a)(iv)(A) other than as a result of death and (ii) the second anniversary of that Employee&#8217;s most recent Offering Date, the Committee will direct the Custodian to distribute to the Employee the whole shares
                  of SLF Stock then credited to the Employee&#8217;s Custodial Account plus cash equal to the fair market value of any fractional shares then credited to the Employee&#8217;s Custodial Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze71e9faa5fb3458aac14c277b9b68399" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after the date an Employee&#8217;s enrollment in the Plan ceases under
                  Section 5.1(a)(iv)(A) as a result of death, (i) the Committee will direct the Employer to distribute to the Employee&#8217;s estate cash equal to the total cash held in the Payroll Contribution Account, and (ii) the Committee will direct the
                  Custodian to distribute to the Employee&#8217;s estate the whole shares of SLF Stock then credited to the Employee&#8217;s Custodial Account plus cash equal to the fair market value of any fractional shares then credited to the Employee&#8217;s Custodial
                  Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2025ffe94cff4f4f9be8267f06f3114f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(d)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">At such time as determined by the Committee, after an Employee&#8217;s enrollment in the Plan ceases under Section
                  5.1(a)(vi) (provided that a successor plan is not established), (i) the Committee will direct the Employer to distribute to the Employee cash equal to the total cash held in the Payroll Contribution Account, and (ii) the Committee will
                  direct the Custodian to distribute to the Employee the whole shares of SLF Stock then credited to the Employee&#8217;s Custodial Account plus cash equal to the fair market value of any fractional shares then credited to the Employee&#8217;s Custodial
                  Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="ze182e4ccb1e145e794984c09b6397c19" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(e)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">An Employee may from time to time request a cash or in-kind distribution of the shares of SLF Stock then
                  credited to the Employee&#8217;s Custodial Account, provided that an in-kind distribution may not include any shares that were credited to the Employee&#8217;s Custodial Account on the Exercise Date of an Offering Period if that Offering Period&#8217;s
                  Offering Date is less than two years ago. Such distribution will be made as soon as is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z7ab2c238f14a4b1c934b2c264a2fefcb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(f)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Section 5.1(a)(iii) above permits an Employee to request a withdrawal of cash equal to the total amount
                  credited to the Employee&#8217;s Payroll Contribution Account.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8fa419f6a7ae40ada1dbcacefd4967e4" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(g)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If an Employee dies before receiving a distribution under Section 5.2(a), (b), (d), (e), or (f), all shares of
                  SLF Stock and cash amounts payable under that Section to the Employee will be distributed to the Employee&#8217;s estate as soon as is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z42317ebe99c84b8e9a4bef374c03ac96" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(h)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If a distribution of certificates representing the Employee&#8217;s shares of SLF Stock is distributed to the
                  Employee (or the Employee&#8217;s estate), he or she shall pay the Custodian a reasonable fee determined by the Committee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z3240b07375a147198a7cf43be28fad30" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If an Employee (or the Employee&#8217;s estate) elects that a distribution be made in cash instead of certificates
                  representing shares of SLF Stock, he or she shall pay and authorizes the Custodian or Employer to withhold any brokerage fee or expense to sell the shares on his or her behalf.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;6<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>PLAN ADMINISTRATION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z0a91a028e5f94b03bad40c1fb7f7ab87" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan will be administered by the Committee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z05f4ea17dd4646b9a7d6839b8338aae8" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee Powers.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd543292f38804857b0d74119d4dba22e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will have all powers appropriate to administer the Plan including, but not limited to, the
                  following:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z65c1e927bde140179fa0fa49c46a7ae1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To determine all questions that may arise under the Plan, including the power to determine the rights or
                  eligibility of an Employee or the Employee&#8217;s estate;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z0806dda2d1684bd094eacf4ee56f4997" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To construe the terms of the Plan and to remedy ambiguities, inconsistencies or omissions;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbc8aad0fb8ee45149dcd3108280adbf2" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To adopt such rules of procedure and prescribe such forms as it considers appropriate for the proper
                  administration of the Plan and are consistent with the Plan;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb67f0009874b4fe9872df67136bd16ed" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To enforce the Plan provisions and any rules of procedure which it adopts;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zca111b0e8eb44e1da5afc24644e39248" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(v)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">To employ agents, attorneys, accountants, actuaries or other persons, and to allocate or delegate to them such
                  powers, rights, and duties as it considers appropriate for the proper administration of the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc7614e72284340f884809207ff9ee327" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will have such further powers and duties as may be elsewhere specified in the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z49c1b93859d240c3b8c8ef0fb32449cb" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Committee Actions.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The actions of the Committee may be taken at a meeting by a majority of its members, in writing without a meeting if all
        members of the Committee sign such writing or by the use of a conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other and participation in such a meeting in this manner
        shall constitute attendance and presence in person at the meeting of the person or persons so participating for all purposes. In taking action:</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zecd8875ffbbc418188cbd6e6e5ca338c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee may allocate authority to a specific member(s) of the Committee to carry out such duties as the
                  Committee may assign;</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zc07bc73ffaf54305aaa8ac72a648c73c" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">A member of the Committee may by writing delegate any or all of such member&#8217;s rights, powers, and duties to
                  any other member of the Committee, with the consent of the latter; and</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zcf422561c88445edbfe6f1ff1dc67c86" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(c)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee may delegate to any agents such duties and powers, as it deems appropriate, by an instrument in
                  writing which specifies which duties are so delegated and to whom each such duty is so delegated.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z686fd5d007ec455a83a1830f4328e9a5" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Member Who is Participant.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If a member of the Committee is an Employee, such member may not decide any matter relating to the member&#8217;s
        participation or Accounts or how the Accounts are to be paid to the member that the member would not have the right to decide in the absence of membership on the Committee, and no Employee will receive any compensation for services as a member of
        the Committee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zcab21074350844f6898bd5a6692ae61b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.5</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Information Required from Employer.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Employer will furnish the Committee with such data and information as the Committee deems appropriate to administer
        the Plan. The records of the Employer as to an Employee&#8217;s Compensation will be conclusive on all persons unless determined by the Committee to be clearly incorrect.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1851b1938e88487f8c6d8a78d3ba53ce" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.6</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Information Required from Employees.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Each person entitled to benefits under the Plan must furnish the Employer from time to time such person&#8217;s mailing
        address, each change of mailing address, and such other data and information as the Committee deems appropriate to administer the Plan. Any communication, statement, or notice mailed with postage prepaid to any person at the last mailing address
        filed with the Employer will be binding upon such person for all purposes of the Plan.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8c7795caa13249728048ddae04a68721" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">6.7</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Uniform Rules and Administration.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will administer the Plan on a nondiscriminatory basis and will apply uniform rules to all persons
        similarly situated.</font></div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;7<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>AMENDMENT AND TERMINATION.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zeca6d8b1b0494ff781f7630c653f297f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Amendment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za347eecf5ab5415ab16cf923bf4d3ba7" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Company reserves the right to amend the Plan from time to time subject to the following limitations:</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb1bab746e4b6437781be4cac3794157b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(i)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will be made without the prior approval of the stockholders of the Company if the amendment will
                  (1) increase the number of shares of SLF Stock that may be purchased under the Plan, or (2) materially modify the eligibility conditions or increase the benefits available to Employees under the Plan.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbf638b58db64428bbd56f2fb367f8146" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(ii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will make any change in an option granted previously and outstanding which adversely affects the
                  rights of an Employee with respect to such option.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zad2ba270d6c94298a3773aa9da5d3c73" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iii)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will reduce the amount of an Employee&#8217;s Payroll Contribution Account or Custodial Account
                  balance.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z1777b88478fd46359205b6f7cda9fe52" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 108pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 72pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(iv)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">No amendment will be made which will cause the Plan to not satisfy the requirements under Section 423 of the
                  Code.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5f9450d231874dce982f394717acbffc" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Company hereby delegates to the President of the Company the power to amend the Plan, subject to the
                  limitations of this Section.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb24933c415ae469b8d44dc8f7884bf90" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Termination.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is entirely voluntary on the part of the Company and the continuance of the Plan should not be construed as a
        contractual obligation of the Company. Accordingly, the Company through its Board reserves the right to terminate the Plan at any time. Unless sooner terminated by the Board, the Plan shall terminate on the date all of the shares specified in
        Section 1.4(a) are purchased unless additional shares are authorized for the Plan by the stockholders of the Company. No option may be granted under the Plan after the Plan is terminated.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za4bdc5385eb048339f2e3d5fa76d8821" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">7.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Rights Upon Termination.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zcb23aca8152a41269c21e16bc2033464" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(a)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Plan terminates, the Committee may elect to terminate all outstanding options to purchase shares of SLF
                  Stock under the Plan either immediately or upon completion of the purchase of shares as of the next following Exercise Date.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z42576b2d242847509b56bc3b6886d69f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 72pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-left: 36pt; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">(b)</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">If the Committee terminates an option to purchase shares prior to the expiration of the option, an amount
                  equal to all amounts contributed to the Plan which remain in an Employee&#8217;s Payroll Contribution Account will be returned to the Employee as soon as is administratively reasonable.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">ARTICLE&#160;8<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><br>
        </font>GENERAL PROVISIONS.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z5146fe7bd5f747bf9665e9818f943c2f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.1</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">No Transfer or Assignment.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The rights of an Employee under the Plan may not be sold, pledged, assigned, or transferred, voluntarily or
        involuntarily, in any manner other than by will or the laws of descent and distribution. Any such attempted sale, pledge, assignment or transfer shall be without effect. An Employee&#8217;s rights and all options granted under the Plan shall only be
        exercisable during his or her lifetime by such Employee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zcf629b82cbaf4ba995216118be367b1b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.2</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Equal Rights and Privileges.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All Employees who are granted options under the Plan for the Offering Period will have equal rights and privileges with
        respect to such option.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za987c5071c724c44a31d30909169a616" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.3</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Rights as Stockholder.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The grant of an option to purchase shares of SLF Stock under the Plan will not confer upon an Employee any rights as a
        stockholder of Sun Life Financial Inc. with respect to shares subject to the option. An Employee will become a stockholder with respect to shares subject to an option under the Plan only when the purchase of such shares is completed as of an
        Exercise Date. At such time, the Employee will receive stockholder rights, including the right to vote and receive dividends.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zf16ac5d869ea4056a26f3a6c896a5f60" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.4</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Rights as Employee.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan is not a contract of employment, and the grant of an option to purchase shares of SLF Stock under the Plan will
        not confer upon any Employee the right to be retained in the employ of Company or any Employer. An Employee&#8217;s enrollment in the Plan shall constitute a waiver of any and all rights to compensation or damages relating to the cessation of such
        Employee&#8217;s eligibility to participate in the Plan upon termination of the Plan or termination of the Employee&#8217;s employment for any reason whatsoever.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z2e4151ba54a245c8b65df32b49762a4f" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.5</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Costs.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All costs and expenses incurred in the administration of the Plan will be paid by the Company and any Participating
        Subsidiaries. Any brokerage fees or expenses for the sale or transfer of shares by an Employee will be borne by the Employee.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za59e56a772ac4a97b0849baf7fa62911" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.6</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Liability for Taxes.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Each Employee shall be responsible for, and will indemnify the Employer against, any federal, state, or local income or
        other applicable taxes, including any interest or penalties relating thereto, to which the Employee may be subject as a result of the Employee&#8217;s participation in the Plan or the Employee&#8217;s sale of shares acquired thereunder.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zb910aa66426b4db4b3aed1501fe12d3e" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.7</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Reports.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Committee will provide or cause to be provided to each Employee no less frequently than annually a report of the
        Employee&#8217;s contributions under the Plan for the reporting period, the shares of SLF Stock purchased with such contributions, any dividends received with respect to such shares, and shares purchased with respect to such dividends.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z8337f8ca93164969afaf98caab68f69a" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.8</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Governmental Approval.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan and any offering or sale made to Employees under the Plan are subject to any governmental requirements,
        approvals, or consents that are or may become applicable in connection herewith.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z950853ecd3d54323983d9205d3c3e4a1" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.9</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Stockholder Approval.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan (a) is subject to approval (i) by the holders of a majority of the shares of common stock of the Company
        present in person or by proxy and voting at the meeting at which the Plan is considered or (ii) by written consent of the stockholders, and (b) shall not be effective without such approval.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zbb44c7717e504a528869ec5e1685377b" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.10</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Conditions Upon Purchase of Shares.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Shares of SLF Stock shall not be purchased with respect to an option unless the exercise of such option and the purchase
        and delivery of such shares pursuant thereto shall comply with all applicable provisions of law, domestic or foreign, including without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules
        and regulations promulgated thereunder, and the requirements of any stock exchange upon which the shares may then be listed.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="zd9920772f77c48bc81af75b7be2dd0a3" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.11</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Sun Life Financial Securities Trading Policy</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Securities Trading Chapter of Sun Life Financial Inc.&#8217;s Disclosure and Securities Trading Policy as in effect from
        time to time (the &#8220;Policy&#8221;) may be applicable to an Employee&#8217;s exercise of a right under the Plan. Notwithstanding any Plan provision to the contrary, no Employee shall, while in the possession of confidential Material Information (as such term is
        defined in the Policy), elect to enroll under Section 3.2(a), elect to cease participation under Section 5.1(a)(i), elect to cease payroll contributions under Section 5.1(a)(ii), elect to withdraw payroll contributions under Section 5.1(a)(iii), or
        elect under Section 5.2(e) a cash distribution of SLF Stock credited to the Employee&#8217;s Custodial Account. The Committee may require an Employee to acknowledge that such an election is being made in compliance with the Policy.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="za0e8241457544afea69e6b61846a8eda" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.12</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Applicable Law.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The Plan will be governed by the laws of the State of Delaware, without regard to the law of conflicts of such state, to
        the extent that federal law does not preempt such laws.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z76db74f12d0f4476ad125e4d8bbf7be0" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.13</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Number.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">When the context permits, words in the Plan used in the singular include the plural and words in the plural include the
        singular.</font></div>
    <div>
      <table cellspacing="0" cellpadding="0" id="z35218cd04ea047e1a760dbe1cf3a32be" class="DSPFListTable" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-bottom: 12pt; width: 100%;">

          <tr>
            <td style="width: 36pt; vertical-align: top; align: right;">
              <div style="text-align: left; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">8.14</font></div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">Headings.</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div style="text-align: justify; margin-bottom: 12pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">All headings in the Plan are included solely for ease of reference and do not bear on the interpretation of the text.</font></div>
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</DOCUMENT>
</SEC-DOCUMENT>
