Extract to table

1 — Title These procedures shall be known as the "Distribution Committee Operating Procedures of the Caldwell Family Dynasty Trust" (hereinafter, these "Operating Procedures" or "Procedures")

Distributions at or below the One Hundred Thousand Dollar ($100,000) per-beneficiary annual threshold shall remain within the sole authority of the Co-Trustees — Thomas R

These Procedures shall be read and interpreted in a manner consistent with the Trust Agreement, and to the extent any provision of these Operating Procedures is found to conflict with or contradict any provision of the Trust Agreement, the Trust Agreement shall control and govern

3 — Effective Date These Operating Procedures shall be effective as of April 1, 2023 (the "Effective Date"), which is the date of execution and delivery of the Trust Agreement

The Trust is established with its situs in the State of Delaware, and the Trust and these Operating Procedures shall be governed by and construed in accordance with the laws of the State of Delaware, including, without limitation, the Delaware Trust Act (12 Del

1 — Initial Members The Distribution Committee shall consist of three (3) members (each, a "Committee Member," and collectively, the "Committee Members")