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Old 01-05-2014, 02:00 PM
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<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <wontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--> (5) Obligations arising out of the remarriage of the husband or of the wife are to be taken into account in determining whether there has been a material change in circumstances.
(6) The following will not be considered material changes in circumstances:
(i) the remarriage of the wife;
(ii) the remarriage of the husband; and
(iii) the employment of the wife.
Alternate Clause
27. MATERIAL CHANGE IN CIRCUMSTANCES


Only the spousal support and child support paragraphs of this agreement may be varied if there is a material change in the existing financial circumstances of the parties, whether such change is foreseeable or not. Without limiting the generality of the foregoing, a material change in the income of the wife or the husband, the needs of the children, the loss of employment by either of the parties, the change in health of the parties, the retirement of either of the parties or any other foreseeable or unforeseeable circumstance which materially changes the existing or future financial position of the parties will be a basis for a variation application. The parties specifically agree that the remarriage or cohabitation of the wife or the husband may be a ground for an application to vary the support provisions of this agreement, notwithstanding that the said remarriage or cohabitation was or was not foreseeable. The parties also agree that the child support will cease in accordance with the
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(Matrimonial Home‑Joint Tenancy‑Limited Exclusive Possession)
28. MATRIMONIAL HOME
(1) The husband and wife hold and will continue to hold in joint tenancy, the matrimonial home municipally known as_______________(address of the home) , which is a matrimonial home within the meaning of the Family Law Act.
(2) The wife will have exclusive possession of the matrimonial home until one of the following occurs:
(i) the wife desires to sell the matrimonial home;
(ii) the wife remarries or cohabits with another man;
(iii) the wife ceases to reside in the matrimonial home;
(iiii) the wife wilfully defaults in the payment of the mortgage;
at which time the matrimonial home will be listed for sale.
(3) Until the matrimonial home is sold:
(i) the wife will pay all insurance premiums, mortgage payments, taxes and other expenses relating to the matrimonial home and will indemnify the husband from all liability relating to the matrimonial home;
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