15.  Broker Account.  None of the partners of this partnership shall be a broker.  However, the partnership may select a broker and enter into such agreements with the broker as required for the purchase or sale of securities.  Securities owned by the
partnership shall be registered in the partnership name unless another name shall be designated by the partnership.

    Any corporation or transfer agent called upon to transfer any securities to or from the name of the partnership shall be entitled to rely on instructions or assignments signed by any of the clubs officers without inquiry as to the authority of the person(s) signing such instructions or assignments, or as to the validity of any transfer to or from the name of the partnership.

    At the time of a transfer of securities, the corporation or transfer agent is entitled to assume (1) that the partnership is still in existence and (2) that this Agreement is in full
force and effect and has not been amended unless the corporation has received written notice to the contrary.

16.  No Compensation.  No partner shall be compensated for services rendered to the partnership, except reimbursement for expenses.

17.  Additional Partners.  Additional partners may be admitted at any time, upon the unanimous consent of the partners, so long as the number of partners does not exceed twenty (20).

  17A. Transfers to a Trust.  A partner may, after giving written notice to the other partners, transfer his interest in the partnership to a revocable living trust of which he is the grantor and sole trustee.

  17B.  Removal of a Partner.  Any partner may be removed by agreement of the partners whose capital accounts total a majority of the value of all partners' capital accounts.  Written notice of a meeting where removal of a partner is to be considered shall include a specific reference to this matter.  The removal shall become effective upon payment of the value of the removed partner's capital account, which shall be in accordance with the
provisions on full withdrawal of a partner noted in paragraphs 19 and 21.  The vote action shall be treated as receipt of request for withdrawal.

18.  Termination of Partnership.  The partnership may be terminated by agreement of the partners whose capital accounts total a majority in value of the capital accounts of all the partners.  Written notice of a meeting where termination of the partnership is to be considered shall include a specific reference to this matter.  The partnership shall terminate upon a majority vote of all partner's capital accounts.  Written notice of the decision to terminate the partnership shall be given to all the partners.  Payment shall then be made of all the liabilities of the partnership and a final distribution of the remaining assets either in cash or in kind, shall promptly be made to the partners or their personal representatives in proportion to each partner's capital account.

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