, t. . . _ -.,...-... :
<br /> . . � � < .
<br /> ` _ _ _ ._ , ; _.._._ . • - � � J�m��'�•�e�o� � �. . : '
<br /> . ' • goard of Trustees. Emergency mee6ngs can be calted at ar�Jr tim�6y a majority oF the � . . � ` .
<br /> � Board ofTnistees and with s�cient notice. A majority of the�oard of Trustees tivill ' ;
<br /> � � constitute a q�oiwn for conducting any busuiess a�anY mcebng of the Board of . .
<br />-T� . �
<br /> Trustees. , • .
<br />-- _. 21. No person,corP�sa�on oreniiiy who piu+chases any of t�a pmp�rty of the _ ` -, -
<br /> j� trust,or in any manuer deals or conducts any form of business with Svoboda Holdings ; ,
<br /> �
<br /> .�_ � Trust or witf�the Trustee(s)shaU be required to iaquire into the autho�ity,expediency, � :
<br /> �� � ae validi or necessity of the Tiustee(s}to make os perform any transaction , , _.
<br /> ��,:. � P P tY• ty° � . .
<br />°a.� � whatsoever,or to account fur the apphcat[on or dispasition of any money ar oth�r .';ti �
<br /> _:- ptoPecty tiansferred to the Trustees on any a�c�unt,nor s�all they be in any way � . �-s'�.
<br /> �>. , _ K(�L.
<br /> .�, responsible far 1i�e proper use or appDication of such f�nds or properties t�ansfeaed by i . , .
<br /> 4 �'"'�,
<br /> the�to the Trustee(s)under the terms of Svoboda Holdings Trust. � : :_�:
<br /> _�'r :. .:;�
<br /> . 22. Svoboda Holdings Trust shaU have authority to provide itself weth operating �.f ,T
<br /> �.� : F � ..,.
<br /> a-; . . � fimds through commercial loans amcdlor private loans,direcdy secured by assets or . `�;':��
<br /> �4.� � pi�ncipal of Svoboda gioldings Trust. The Trustees are authorized to matce . =�� �
<br /> �. . valuadons w be determined by the ;``` x�'
<br /> ,� dis�ributions in cash or in tdnd,or partiy in each,at . .�,.�.-_
<br /> ; S. �._. ,,z:
<br /> . M �
<br /> : . .. _ . T�,whose decision as to values sha116e conciusive. _. �,�;��,`'
<br /> a =�,�,:�,.
<br /> "' �� � 23. Svobo�a Holdings Trust sha11 have aothority to loan or advance its funds,money, .
<br /> �r. , . . � '��,rti..
<br /> :� n�anannousi The '�
<br /> "• ' or credit w others privatcly at the discretian of�he Board of Trustees Y• ;:F.-.:
<br /> �: �'J.':�fF'';,c.
<br /> �:s•t,�'.;
<br /> : � t , . i:.�r.:r,.
<br /> Trustees sl�all secure any loan made t o o t h e r s�,-a t�iin their sound discretion. The rustees, . `: `.. . :ai-t`..�;
<br /> :;(� shall not be in any way personally responsible for the praper use or application o'se or� � .
<br /> � funds loaned or advanced to oxhers. The Trustees are stricdy forbidden to adverh . ;'�'-a
<br /> � ,_�.-
<br /> offer w the pnblic any loan or advance. Should a Trustee act on lus or her own and
<br /> violate the provisions of this paragraph he or she will be pe�sonally liable tu this Tntst _._ _ ._....
<br /> ;" .and/or to�i�y other person or persons damaged bY such violation: . . ;;:
<br /> :4,,;,:
<br /> � 24. Written minutes of each meeting will be the o�cial Records of this Trust. A11 , . . .,;.;
<br /> � � important business decisions and ttansacrions will be entered into the minutes. All '�i`:+,
<br /> _ � : T�;pts,deeds,tides or any other praafs of action wiil be kept wit6 the minutes and are � _t�:
<br /> .,
<br /> � �, part of thc Trust boc�ks and records. . �
<br /> ��t�' ' 25. The minutes and records of this'�n+st shall be private and inviolable,na�to be .
<br /> 4r
<br /> `'�,� � loaned,read,or disclosed to anyone at any dme except as mandated by the Ttustees �
<br /> ��` ` and since Svoboda Holdings Trust is created by private contract and its fiduciary
<br /> '�� nawre nane of the acavities performed by � _
<br /> responsibilities are of a private and personal . � ;
<br /> � the Tnistees of SvobQda Holdings Trust or their agents can in any�+ay be construed as � .
<br />�:;��', � a practice of law. If any inquiry or request for informarion is at any time directed to
<br /> :,;�,�' , any Trustee of this Trust either individually os collectivety,such request must 6e
<br /> � submitted in writing,and no answer will be given except after due consideradon at a
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