INITIAL TERMS Clause Samples

INITIAL TERMS. In appointing the initial Board, the Secretary shall designate five of the appointed directors for initial terms of 3 years, five of the appointed directors for initial terms of 2 years, and five of the appointed directors for initial terms of 1 year.

INITIAL TERMS. ▇▇▇▇▇▇▇▇▇▇▇▇ will debit your nominated account for the amounts and at the frequency of payments as agreed between us on the Debitsuccess DDR Contract, authorised and accepted by you.

INITIAL TERMS. As soon hereafter as practicable, the parties shall establish and maintain a new health and welfare plan to be known as The National Railway Carriers and Brotherhood of Locomotive Engineers Health and Welfare Plan (the “NRC/BLE Plan”) and to be governed by a Joint Governing Committee (“JGC”) with respect to which the carriers party hereto and the organization party hereto will have equal representation. The benefits, limitations, terms, conditions and exclusions provided for under the NRC/BLE Plan will be substantially the same as those provided for under The Railroad Employees National Health and Welfare Plan (“National Plan”) that are described in the booklet entitled, “The Railroad Employees National Health and Welfare Plan,” effective January 1, 2003, subject to the modifications of such benefits, limitations, terms, conditions and exclusions provided for in this Article.

INITIAL TERMS. I acknowledge that ‘45 DAY EXPERIMENT’ is used in this document as a term that refers to an educational course, the details of which are outlined in Section I. I acknowledge that ‘45 DAY EXPERIMENT ORGANIZATION MANAGEMENT’ is used in this document as a term that refers to:

INITIAL TERMS. I/We authorise Debitsuccess Limited (620358) to make periodic debits on behalf of the “Facility” as indicated on DDR Authorisation Form (herein referred to as the Facility). I/We acknowledge that if specified by the Facility, in addition to the agreed periodic debits set out in the DDR Authorisation Form, administration/setup, variation, dishonour, SMS or processing fees may also apply and be debited under the DDR as instructed by the Facility. We acknowledge that Debitsuccess’ administration/setup fee and its reversal fees (as indicated in the DDR Authorisation Form) may also apply and be debited under the DDR.

INITIAL TERMS. This Agreement shall become effective generally as of the date first set up above, and with respect to each Fund, as of the date first specified in the Fund Addendums. This Agreement shall thereafter continue for the terms set forth in the Fund Addendum and remain in effect through the end of the terms specified in the last to terminate of the Fund Addendums entered into under this Agreement. The Initial Term of each Fund Addendum shall be deemed the “Initial Term.”

INITIAL TERMS. Directors elected or appointed in the first year of incorporation shall serve terms as follows: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (Seat One) - 1 years ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (Seat Two) - 2 years ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ (Seat Three) - 2 years ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ (Seat Four) - 3 years ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ (Seat Five) - 3 years

INITIAL TERMS. I acknowledge that ‘EXPLORERS COURSE’ is used in this document as a term that refers to an educational course, the details of which are outlined in Section I. I acknowledge that ‘EXPLORERS COURSE ORGANIZATION MANAGEMENT’ is used in this document as a term that refers to: 1.) ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Martin of ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ 2.) Officers or other explicitly designated representatives of Willow Group, Inc. (a Wyoming corporation) 3.) Officers or other explicitly designated representatives of Great Classes, LLC (a Wyoming limited liability corporation) 4.) The director of the Center for the Study of Non-Symbolic Consciousness (▇▇▇▇▇▇▇▇▇▇▇.▇▇▇) I acknowledge that ‘EXPLORERS COURSE ORGANIZATION’ is used in this document as a term that refers to: 1.) Great Classes, LLC (a Wyoming limited liability corporation) located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, its parents, subsidiaries, officers, directors, teachers, employees, assistants, agents, co-sponsors, representatives, consultants, volunteers, staff, successors or assigns, or any affiliated persons or organizations 2.) Willow Group, Inc. (a Wyoming corporation) located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, its parents, subsidiaries, officers, directors, teachers, employees, assistants, agents, co- sponsors, representatives, consultants, volunteers, staff, successors or assigns, or any affiliated persons or organizations 3.) The Center for the Study of Non-Symbolic Consciousness (▇▇▇▇▇▇▇▇▇▇▇.▇▇▇), its parents, subsidiaries, officers, directors, teachers, employees, assistants, co-sponsors, agents, representatives, consultants, volunteers, staff, successors or assigns, or any affiliated persons or organizations 4.) The Transformative Technology Lab (▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇), its parents, subsidiaries, officers, directors, teachers, employees, assistants, co-sponsors, agents, representatives, consultants, volunteers, staff, successors or assigns, or any affiliated persons or organizations 5.) All EXPLORERS COURSE teachers, consultants, mentors, employees, agents, representatives, volunteers, staff, successors or assigns, or any affiliated persons or organizations 6.) The EXPLORERS COURSE ORGANIZATION MANAGEMENT

INITIAL TERMS. The initial term of this License Agreement shall commence on the Close of Escrow, as defined in the Option Agreement, and expire (subject to the extension rights set forth below) on the following dates: (i) JULY 1, 2005, as to the Phase I Parcel ("Phase I Term"), (ii) JULY 1, 2006, as to the Phase II Parcel ("Phase II Term"), and (iii) JULY 1, 2007, as to the Phase III Parcel ("Phase III Term"), unless sooner terminated pursuant to the terms and provisions contained herein.