JMD INVESTMENT & COMMODITIES INC

PENSION AND SUPERANNUATION FUNDS {SAINT LUCIA }

The directors may establish and maintain or procure the establishment and maintenance of any non contributory, pension or superannuation funds for the benefit of, and give or procure the giving of donations, gratuities, pension, allowances or emoluments to any persons who are or were at any time in the employment or service of the Company or any Company which is a subsidiary of the Company or is allied to or associated with the Company or with any such subsidiary, or who are or were at any time directors or officers of the Company or of any such other company as aforesaid or who hold or held any salaried employment or office in the Company or such other Company, or any person in whose welfare the company or any such other company as aforesaid, is or has been at any time interested, and to the wives, widows, families, and dependents of any such person, and may make payments for or towards the insurance of any such persons as aforesaid, and may do any of the matters aforesaid either alone or in conjunction with any such other company as aforesaid, Subject always, if the Act shall so require, to particulars with respect thereto being disclosed to the members, and to the proposal being approved by the Company by resolution of members, a director holding any such employment, or office shall be entitled to participate in and retain for his own benefit any such donations, gratuity, pension allowances or emoluments