- 4 -
wise, necessary, or appropriate by the Board [of Trust-
ees].
* * * * * * *
14. The Creator shall appoint a Fiduciary to
serve as “Protector” of the Beneficiaries. The Protec-
tor shall be an independent third party with no obliga-
tions to any other party to this Trust. The Protector
shall have the power to remove any Trustee who violates
any term or condition of this Trust agreement, or is in
breach of any Anglo-Saxon Common Law Trustee duty, and
shall have the power to appoint a Successor Trustee to
fill any vacancy which occurs for any reason.
* * * * * * *
16. The Board [of Trustees] shall have, except as
modified by the terms of this Indenture and the Minutes
of the Board interpreting the same, all of the powers
of Trustees under the Anglo-Saxon Common Law, as well
as those specified under the laws of the State of
Nevada. * * *
* * * * * * *
33. The Trustee may be replaced in any of the
following manners:
A. Resignation. The Trustee may resign with
or without cause at any time by sending a notice of his
intention to do so to the Trust principle [sic] office
by Certified Mail. However, such resignation shall not
be effective unless and until such time as a Successor
Trustee has accepted the appointment to assume the
duties and responsibilities of Trustee on the expira-
tion date of the outgoing Trustee, or thirty days after
receipt of the resignation, whichever occurs first.
B. Removal. Upon complaint for proper cause
by any agent or person appointed by the Trust, the
Protector shall appoint a Committee of Arbitrators
(hereinafter referred to as the Committee), to investi-
gate the complaint.
* * * * * * *
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