Document:

FORM OF STOCK OPTION PLAN

 EXHIBIT 4.01 
  
 AEGON USA COMPANIES 
 MANAGEMENT STOCK OPTION PLAN 2005 
  
 TERMS AND CONDITIONS 
  

	1.	DEFINITIONS 

  
 In this Option Plan, unless the context otherwise requires, the following words and expressions shall have the following meanings: 
  

	 	(a)	“Option Plan” or “Plan”: this AEGON USA Companies Management Stock Option Plan 2005; 

  

	 	(b)	“Option” or “Options”: the right to acquire Shares at the Exercise Price per Share. 

  

	 	(c)	“Shares” or “Share”: common shares of AEGON of New York registry having a par value of EUR 0.12 per share; 

  

	 	(d)	“Reference Date”: March 7, 2005, the date on which the Option is granted; 

  

	 	(e)	“Exercise Price”: the official closing price of the Shares on the Reference Date on the Euronext Amsterdam Stock Market N.V.; 

  

	 	(f)	“AEGON”: AEGON N.V.; 

  

	 	(g)	“AEGON USA Companies” or “Company”: Those U.S. affiliates of AEGON N.V. as of March 7, 2005, or prior thereto and as set forth in Schedule A;

  

	 	(h)	“Eligibility Date”: shall mean March 7, 2005; 

  

	 	(i)	“Participant”: those eligible employees as set forth in these Terms and Conditions of the Plan; 

  

	 	(j)	“Vesting Date”: for the purposes of this Plan, shall mean that date on which Options granted hereunder, subject to a “vesting period”, have become fully vested
with the Participant (March 6, 2008). 

  

	2.	ELIGIBILITY 

  
 Those persons eligible for participation in the Option Plan shall be only those employees of an AEGON USA Company as set forth on Schedule A (including
international employees working with an AEGON USA Company who have United States source income) who have received an offer in writing to participate in the Plan. In order to receive an offer in writing from an AEGON USA Company to participate in the
Plan, the Company must employ the employee on the Eligibility Date (“hereinafter referred to as “Eligible Employee”). A Participant in this Plan shall not participate in the AEGON USA Companies Employee Stock Option Plan 2005.

  

	3.	PARTICIPATION 

  
 Each Participant shall receive an Option for the number of shares set forth in his or her individual written offer. 
  

	4.	OPTION RIGHTS 

  

	 	4.1	Beginning on the Reference Date, each Eligible Employee shall receive his or her applicable Option grant. All Options granted pursuant to the Plan shall be subject to a three year
“vesting period” after the Reference Date. All Options granted pursuant to the Plan shall vest fully on the “Vesting Date.” 

  

 9 

	 	4.2	The Option shall only be exercisable as directed by the Company in increments of 250 Shares. If the Participant has an Option for a number of Shares not divisible by 250, the
Participant must exercise all remaining number of Shares. 

  

	 	4.3	The Option has a maximum duration of seven years from the Reference Date and shall expire on March 7, 2012. 

  

	5.	EXERCISE 

  

	 	5.1	An Option granted to a Participant under the Plan may only be exercised as directed by the Company on or after the Vesting Date and only on trading days of the New York Stock
Exchange (NYSE), subject to the provisions of Sections 7 and 8 hereof. The Participant must be continuously employed by an AEGON USA Company or an affiliate until the end of the Vesting Date in order to exercise any rights, including the right to
exercise Options, under this Plan. 

  

	 	5.2	Each Participant must provide the Company or its designee appropriate notice that the Participant wishes to exercise his or her Option, either in whole or in part, under procedures
established by the Company. 

  

	 	5.3	The Option shall only be exercisable in whole or in part by purchasing the Shares in accordance with the directions established by the Company. The Participant may elect to
immediately sell the Shares received after the exercise in whole or in part of the Option and receive the proceeds, if any. 

  

	 	5.4	After the exercise of the Option or a portion of the Option, if the Participant elects to receive cash proceeds, the Participant shall sell the Shares for the risk of the
Participant. The Participant shall receive the proceeds from the sale reduced by the costs of the sale, including applicable taxes, fees, and other costs, if any. 

  

	 	5.5	If the Participant elects to have the Shares transferred to the Participant, the Company shall arrange for the Shares to be transferred to the Participant upon receipt of the amount
due in U.S. Dollars (the Exercise Price multiplied by the number of Shares received upon exercise of the Option in whole or in part and divided by the exchange rate as stated in section 5.7 plus applicable taxes, fees, and other costs, if any) on
the account of the Participant. 

  

	 	5.6	The Exercise Price shall be converted into U.S. Dollars at the official exchange rate for Euro/U.S. Dollars on the day before the date of exercise. 

  

	 	5.7	Any difference in price, either resulting from the price on the New York Stock Exchange or from the currency rate of exchange, a non-sale, as well as an overdue sale of the Shares
are for the account and risk of the Participant. The proper and timely notice of exercise is also for the account and risk of the Participant. 

  

	 	5.8	Any amounts received or retained by any of the AEGON USA Companies for taxes and other costs, if any, in accordance with United States law, are for the account and risk of the
Participant. 

  

	 	5.9	If AEGON alters its share capital, for example, as a result of a recapitalization or a stock dividend, AEGON shall adjust the Exercise Price or the number of Options subject to
grant and shall inform the Company accordingly. AEGON, in its sole discretion, shall determine whether it has altered its share capital. 

  

	6.	SALES AND CHANGE OF CONTROL 

  

	 	6.1	Change of Control shall mean the consummation of reorganization, merger or consolidation or sale or other disposition of more than 50% of the assets of AEGON’s United
States’ operations to an entity that is not affiliated with AEGON. 

  

 10 

	 	6.2	In the event of a Change of Control, all Options shall immediately and without any action by any person become fully exercisable pursuant to the terms and conditions of this Plan.

  

	 	6.3	In the event of any divestiture, sale or other disposition of an operating division or business unit (other than a transaction specified in Section 6.1 of the Plan) prior to
the Vesting Date, any employee of any division or business subject to such divestiture, sale or other disposition (each, a “Transferred Employee”) shall be treated for all purposes of this Plan as having terminated employment with the
Company as of the date of such divestiture, sale or disposition, and all Options held by any Transferred Employee shall automatically terminate, forfeit and expire as of the date of such divestiture, sale or disposition. 

  

	7.	FORBIDDEN EXERCISE/BLACKOUT PERIODS 

  

	 	7.1	Except as provided in Section 7.6 or 7.7, neither the exercise of the Option nor the sale of any Shares is permitted during any Blackout Period or at any other time when the
Participant has “Insider Knowledge.” Under no circumstances shall the Participant exercise the Option or sell any Shares to the extent such action would violate applicable law. 

  

	 	7.2	For purposes of the Plan, “Insider Knowledge” means knowledge of information concerning AEGON or the AEGON N.V. common shares, of which the Participant is in possession
that is material and non-public including, without limitation, information that may influence the price of the AEGON N.V. common shares, in either direction, on any stock exchange. 

  

	 	7.3	Without limiting the generality of the Company’s policies with regard to share dealing and treatment of confidential information or other legal obligations applicable to a
Participant, each Participant is expressly prohibited from communicating any “Insider Knowledge” to any third party, unless he or she does so to comply with a statutory or legal obligation after consultation with counsel or in the
performance of and expressly in furtherance of his or her job responsibilities to the Company. Under no circumstances shall the Participant purchase or sell any AEGON securities, including without limitation Shares or solicit or induce a third party
to purchase, sell, or not to trade any such securities based on Insider Information or during a Blackout Period or otherwise in a manner prohibited by applicable law. 

  

	 	7.4	The exercise of Options is not allowed during the following periods: 

  

	 	(a)	two calendar months immediately preceding the release of the annual earnings of AEGON; 

  

	 	(b)	twenty-one days immediately preceding the publication of the six-months results and the quarterly results or the announcement of any dividend or interim dividend, as well as on the
trading day(s) after the announcement of AEGON’s (interim) dividend on which the AEGON share is not yet quoted ex-dividend; 

  

	 	(c)	one month immediately preceding the first publication of a prospectus for an issue of AEGON N.V. common shares. Each period referred to in this Section 7.4(a), (b) and
(c) is, and they are collectively, referred to as a “Blackout Period.” 

  

	 	7.5	AEGON shall publish and distribute notices of the Blackout Periods set forth in Sections 7.4(a) and (b) to all Participants in any reasonable manner, including electronically.

  

	 	7.6	 If a Participant would forfeit his or her Option because it would expire during a Blackout Period or at a time when the Participant has Insider Knowledge, the
Participant may in that circumstance exercise the Option during one of the last five working days prior to the expiration of the Option; provided however that such Participant may not thereafter sell the Shares so acquired until such time as a
Blackout Period 

  

 11 

 
is no longer in effect and such Participant no longer has any Insider Knowledge. In order to exercise this right, a Participant must provide a written
exercise request under procedures established by the Company which request indicates that the Option is to be exercised but the Shares underlying the Option are not to be sold by or on behalf of the Participant and which request indicates which day
of the five working days before expiration of the Option on which the Participant wishes to exercise the Option. Each of the five working days prior to expiration must be a business day on which the NYSE is open for business. If the Participant does
not explicitly state which day of the five working days prior to expiration the Participant wishes to exercise the Option, the Company will exercise the Option on the last day the Option can be legally exercised. Any request by the Participant in
accordance with this Section 7.6 is irrevocable once made. 
  

	 	7.7	If at a time that is neither a Blackout Period nor a time when a Participant is then in possession of Insider Knowledge, a Participant provides a written exercise form to exercise
his or her Option under procedures established by the Company not less than two months or more than three months in advance of the expiration date of the Options, and such election is scheduled in such notice to take place on a date that is during a
Blackout Period or when such Participant is or may be in possession of Insider Knowledge, then such request may nevertheless be granted, the Option exercised on the date specified in such request and, if the request so indicates, Shares received
upon such exercise sold in the market with the proceeds delivered to such Participant. The Participant shall not be permitted to exercise any discretion over how, when or whether to effect such sale once such a written exercise request has been
received, and any sale of Shares effected pursuant to such an exercise may be conducted by an independent third party that is not in possession of any Insider Knowledge. 

  

	8.	FURTHER CONDITIONS 

  

	 	8.1	Except as specifically provided herein, the Option is strictly personal and the Participant cannot transfer in any way or in any other manner the passing of title.

  

	 	8.2	The Participant cannot pledge, assign or encumber the Option in any other way. 

  

	 	8.3	Any attempt to pledge, transfer, or encumber the Option in any manner in contravention of Sections 8.1 and 8.2 of the Plan shall be null and void and will result in the
Participant’s forfeiture of the Option. 

  

	 	8.4	A Participant may not “hedge,” or otherwise sell or purchase options on AEGON securities, whether or not marketable, in connection with the Options granted under this
Plan. 

  

	 	8.5	In the event a Participant’s employment with an AEGON USA Company terminates prior to the Vesting Date as set forth in the Plan, the Participant shall forfeit any and all
rights to any Options granted under this Plan. Notwithstanding the foregoing provision in this Section 8.5, Section 8.5 shall not be applicable if the Participant dies, becomes totally and permanently disabled (as defined in the AEGON USA,
Inc. Long Term Disability Plan), or retires. For purposes of this Section 8.5, a Participant retires if he or she has either attained age 55 and has 15 years of vesting service (as the AEGON USA, Inc. Pension Plan defines that term) or has 25
years of vesting service (as the AEGON USA, Inc. Pension Plan defines that term). If the Participant either retires, becomes totally and permanently disabled, or dies, the Participant or his or her personal representative may exercise the Option for
all Shares until the last day of the 12 month following the termination of employment. 

  

	 	8.6	In the event a Participant’s employment with the AEGON USA Companies terminates for any reason (except for retirement, total and permanent disability or death) on or after the
Vesting Date, the Participant shall have only a period of sixty (60) days from the date of termination, or the Expiration Date, whichever is earlier, in which to exercise his or her Options granted under this Plan. In the event that the Options
are not exercised within this 60 day period, all such Options granted to such Participant shall terminate automatically, and the Participant shall forfeit any and all rights to any Options granted under this Plan. 

  

 12 

	 	8.7	In the event a Participant’s employment with the AEGON USA Companies terminates only due to retirement, total and permanent disability (as defined in the AEGON USA, Inc.
Long-Term Disability Plan) or death on or after the Vesting Date, the Participant (or his or her legal representative, as applicable) shall be required to exercise his or her Option for all remaining Shares within one (1) year following the
date the Participant terminates active employment, or the Expiration Date, whichever is earlier. The heirs or appointed personal representatives of the deceased Participant shall acknowledge and agree that they are subject to the terms and
conditions of this Plan and shall duly complete any required documentation that is reasonably required in order to exercise any Option under this Plan. 

  

	 	8.8	The Option for any Shares that the Participant does not exercise shall lapse and become null and void, without any right to compensation, at the close of AEGON business on the
Expiration Date, or such earlier period as set forth in the Plan. 

  

	 	8.9	Neither AEGON nor any International Company or their affiliates shall have any duty or obligation to inform the Participant of the possible forfeiture of the Option, nor the actual
termination of the Option. In addition, neither AEGON nor any AEGON USA Company shall be liable under any theory of recovery for a Participant’s failure to exercise his or her Option during the term of the Option as described herein.

  

	 	8.10	Subject to 8.14, the AEGON, in its sole discretion, has and retains the absolute authority to amend or terminate the Plan and other rules of this Plan any time, with or without
notice to the Participants, if made necessary due to changes in the laws of The Netherlands or of the United States of America. 

  

	 	8.11	This Option Plan is governed by Dutch Civil Law. 

  

	 	8.12	AEGON or its designee shall have full and absolute authority and discretion to make a final determination with regard to any conflict or issues regarding the interpretation or
application of the terms of this Plan. 

  

	 	8.13	While the Plan shall be legally enforceable, it shall not be deemed to constitute a contract of employment between Participants and either AEGON or any AEGON USA Company or their
affiliates or to be a consideration or inducement for the employment of any Participant or eligible employee. Nothing contained in the Plan shall be deemed to give any Participant or eligible employee the right to be retained in the service of
either AEGON or any AEGON USA Company, nor to interfere with the right of AEGON or any AEGON USA Company to discharge any Participant or Eligible Employee at any time regardless of the effect which such discharge may have upon him or her as a
Participant in the Plan. 

  

	 	8.14	AEGON or its designee retains the right to amend either this Plan or any Option awarded under the Plan either retroactively or prospectively if any aspects or provisions of this
Plan are later found to subject Plan benefits to additional tax under the provisions of Section 409A of the Internal Revenue Code. 

  

 13 

 SCHEDULE A 
  

AEGON Direct Marketing Services, Inc. 
  
 AEGON USA Realty Advisors, Inc. 
  
 Life Investors Insurance Company of America 
  
 Monumental Life Insurance Company 
  
 Peoples Benefit Life Insurance Company 
  
 Stonebridge Life Insurance Company 
  
 Transamerica Capital, Inc. 
  
 Transamerica Financial Life Insurance Company 
  
 Transamerica Investment Services, Inc. 
  
 Transamerica Life Insurance Company 
  
 Transamerica Occidental Life Insurance Company 
  

Western Reserve Life Assurance Co. of Ohio 
  
 World Financial Group, Inc. 
  

 14Amendment to warrant certificated dated August 9, 2005

 Exhibit 4.1 
  

AMENDMENT TO WARRANT CERTIFICATE 
  
 This Amendment is made to the Warrant Certificate dated July 9, 2002 (the “Warrant”) issued by Advant-e Corporation (the “Company”) for the
benefit of                                     ,
(“Holder”). Capitalized terms not otherwise defined herein shall have the meanings set forth in the Warrant. 
  
 The Company and Holder agree that the Warrant shall be amended as follows: 
  
 1. Immediately following Section 1 of the Warrant, the following Section shall be added: 
  
 “SECTION 1A. CASHLESS EXERCISE OF WARRANT. In addition to and without limiting the
rights of the Holder hereof under the terms hereof, at the Holder’s option this Warrant may be exercised in whole prior to its expiration by exchanging this Warrant for a number of shares of Common Stock having an aggregate market value on the
date of such exercise equal to the difference between (a) the closing price of the shares on the date of exercise, not to exceed the closing price as of August 9, 2005 ($1.35) and (b) the aggregate Warrant Price for such shares in
effect at such time. In the event that the holder elects to exchange this Warrant for shares of Common Stock under this Section 1A, the Holder must deliver the Warrant Certificate to the Company with the exercise form set forth as Exhibit B
duly executed.” 
  
 2. The Warrant is amended by the addition
of Exhibit B following Exhibit A in the form attached hereto. 
  
 3. Except as set forth herein, all of the remaining terms and conditions of the Warrant shall remain in full force and effect. 
  

			
	ADVANT-E CORPORATION
		
	By:	 	  

	 	 	Jason K. Wadzinski, CEO
		
	Date:	 	August 9, 2005
	
	 HOLDER
  

		
	By:	 	  

		
	Date:	 	  

  

 13 

 EXHIBIT B 
 to Warrant Certificate 
  
 NOTICE OF ELECTION TO EXERCISE 
  
 TO:
                                        
             
  
 The undersigned holder of a Warrant to Purchase (the “Warrant”) of Advant-e Corporation, a Delaware corporation (the “Company”), hereby irrevocably exercises its right to exchange this Warrant for
shares of Common Stock of the Company in an amount to be computed in accordance with Section 1A of the Warrant, and directs that the shares issuable and deliverable upon exercise be issued in the name of and delivered to the undersigned, unless
a different name has been indicated below. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto. 
  
 Dated:
                     
  
 Number of Shares of Common Stock to be acquired via cashless exercise:
                     
  

			
	Holder
		
	By:	 	  

		
	Printed:	 	  

		
	Title:	 	  

  

 14

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00093-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00093-of-00352.parquet"}]]