Extract to table

Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Trust Agreement

The Trust is governed by and construed in accordance with the laws of the State of Delaware, including, without limitation, the provisions of Title 25, Chapter 5, Subchapter V of the Delaware Code (as amended from time to time), which permits the creation of trusts of unlimited duration and provides that the common law rule against perpetuities shall not apply to interests in such trusts

Article IX of the Trust Agreement expressly provides that the Trust Protector shall serve in a non-fiduciary capacity, shall not be deemed a fiduciary of the Trust, and shall not be subject to fiduciary duties or liabilities in connection with the exercise or non-exercise of such powers

The Trust Protector shall serve in a non-fiduciary capacity with respect to the Trust, the Trustees, the beneficiaries, and all other persons having or claiming an interest in the Trust

Without limiting the generality of the foregoing: (a) The Trust Protector shall not be deemed a trustee, co-trustee, fiduciary, agent, or representative of the Trust, the Grantor, the Trustees, or any beneficiary of the Trust

In the event of any ambiguity, the provisions of the Trust Agreement and this Instrument shall be construed to maximize the non-fiduciary nature of the Trust Protector's role