Fürsorgefonds der Novex AG und der Bigla Office AG

The foundation aims to provide employees (or their dependents) of the companies with additional benefits to alleviate the economic consequences of loss of earnings due to age, death, illness, disability, and unemployment, or to mitigate or eliminate another hardship. The foundation board may specify the detailed conditions, nature, and scope of the welfare benefit in special regulations. To achieve the foundation's purpose, the foundation may conclude insurance contracts in its own name for the benefit of the beneficiaries or a part thereof, or enter into existing contracts. In any case, the foundation must be the policyholder itself. The foundation may also provide services to other tax-exempt employee benefit institutions that exist for the benefit of the beneficiaries in order to finance contributions and insurance premiums.