Common use of USAGE FOR FUTURE EXPENSES AND FORFEITURES Clause in Contracts

USAGE FOR FUTURE EXPENSES AND FORFEITURES. Scholarships may be used for future educational expenses, provided, however, except as set forth below; candidates must begin use of their scholarships within 1 year of the date of the award. Prior to the date of forfeiture, reasonable attempt will be made by the local organization to notify the candidate of impending forfeiture. If a candidate has not submitted a request to the Miss Organization for her scholarship award dollars during this period, her right to request funds will be forfeited. If a candidate forfeits any money from her scholarship award at the local level, her award at the state and national level will automatically be forfeited. An exception to the time limits may be made if the candidate, prior to the expiration date, makes a written appeal to the Miss Organization citing compelling reasons why the time period should be extended. If a candidate who wins her local title is successful in winning her state title it will still be necessary for her to submit a written letter of request for extension of her local scholarship awards. The Miss Organization will review the request and determine whether an extension is warranted. The decision of the Miss I (Local Executive Director) have read and understood the 2021-2022 Miss South Carolina Scholarship Organization’s Local Competition Scholarship Rules and Regulations. Signed Dated TO: The Miss South Carolina Scholarship Organization, Inc. This is to certify that the Miss Competition has a regular operating account # . The following individual(s) is (are) authorized to sign thisaccount: 4. NAME OF BANK:

USAGE FOR FUTURE EXPENSES AND FORFEITURES. Scholarships may be used for future educational expenses, provided, however, except as set forth below; candidates contestants must begin use of their scholarships within 1 year of the date of the award. Prior to the date of forfeiture, reasonable attempt will be made by the local organization to notify the candidate contestant of impending forfeiture. If a candidate contestant has not submitted a request to the Miss Organization for her scholarship award dollars during this period, her right to request funds will be forfeited. If a candidate contestant forfeits any money from her scholarship award at the local level, her award at the state and national level will automatically be forfeited. An exception to the time limits may be made if the candidatecontestant, prior to the expiration date, makes a written appeal to the Miss Organization citing compelling reasons why the time period should be extended. If a candidate contestant who wins her local title is successful in winning her state title it will still be necessary for her to submit a written letter of request for extension of her local scholarship awards. The Miss Organization will review the request and determine whether an extension is warranted. The decision of the Miss I (Local Executive Director) have read and understood the 20212018-2022 2019 Miss South Carolina Scholarship Organization’s Local Competition Scholarship Rules and Regulations. Signed Dated TO: The Miss South Carolina Scholarship Organization, Inc. This is to certify that the Miss Competition Pageant has a regular operating account # . The following individual(s) is (are) authorized to sign thisaccount: 4. NAME OF BANK: