Golden Charitable Trust

1) DURING THE LIFE OF THE SETTLOR UPON TRUST TO PAY OR APPLY THE INCOME OF THE TRUST FUND AND ALSO SO MUCH OF THE CAPITAL OF THE TRUST FUND AS THE SETTLOR MAY FROM TIME TO TIME BY NOTICE IN WRITING TO THE TRUSTEES DETERMINE TO SUCH CHARITIES OR FOR SUCH CHARITABLE PURPOSES AND IN SUCH PROPORTIONS AND IN SUCH MANNER AND SUBJECT TO SUCH TERMS AND CONDITIONS AS THE SETTLOR MAY FROM TIME TO TIME BY A LIKE NOTICE DIRECT AND SUBJECT TO AND IN DEFAULT OF ANY SUCH DIRECTION AND IN SO FAR AS SUCH DIRECTION MAY NOT EXTEND AS THE TRUSTEES MAY AT THEIR UNCONTROLLED DISCRETION DETERMINE. 2) AFTER THE DEATH OF THE SETTLOR TO SUCH CHARITIES OR CHARITABLE PURPOSES AND IN SUCH MANNER AND SUBJECT TO SUCH TERMS AS THE TRUSTEES MAY AT THEIR UNCONTROLLED DISCRETION DETERMINE.