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to which, the determination of the Trustees shall be conclusive). In the case of a suspension of • <br /> the right of withdrawal or a postponement of payment pursuant to withdrawal requests for a <br /> Participant may either (i) withdraw its request for withdrawal or (ii) receive payment based on <br /> the net asset value existing after the termination of the suspension. <br /> 6.07 Minimum Withdrawal. There shall be no minimum amount which may be withdrawn <br /> from the 4M Fund at any one time at the option of a Participant; provided, however, that no <br /> request by a Participant for the withdrawal of less than one dollar ($1.00) need be honored. <br /> 6.08 Defective Withdrawal Requests. In the event that a Participant shall submit a request <br /> for the withdrawal of a greater amount than is then credited to the account of such Participant, <br /> such request shall not be honored, and each Participant, by its adoption of this Declaration of <br /> Trust, agrees that the Trustees shall have full and complete power to withdraw funds from the <br /> account of a Participant, and to reduce proportionately the number of Shares allocated to such <br /> Participant in accordance with Section 6.05 hereof, in an amount sufficient to reimburse the 4M <br /> Fund for any fees, expenses, costs or penalties actually incurred by the 4M Fund as a result of <br /> such defective withdrawal request. <br /> 6.09 Allocation of Certain Expenses. Each Participant will, at the discretion of the 4M <br /> Fund, indemnify the 4M Fund against all expenses and losses resulting from indebtedness <br /> incurred on that Participant's behalf under Section (4.02 (iv) (b) or (c) hereof. Each Participant <br /> authorizes the Trustees to reduce its Shares to the number of Shares which reflects that <br /> Participant's proportionate interest in the net assets of the 4M Fund after allocation of those <br /> expenses and losses to it. • <br /> ARTICLE VII <br /> Record of Shares <br /> 7.01 Share Register. The Share Register shall be kept by or on behalf of the Trustees, <br /> under the direction of the Trustees, and shall contain (i) the names and addresses of the <br /> Participants, (ii)the number of Shares representing their respective beneficial interests hereunder <br /> and (iii) a record of all allocations and reductions thereof. Such Share Register shall be <br /> conclusive as to the identity of the Participants to which the Shares are allocated. Only <br /> Participants whose allocation of Shares is recorded on such Share Register shall be entitled to <br /> receive distributions with respect to Shares or otherwise to exercise or enjoy the rights and <br /> benefits related to the beneficial interest hereunder represented by the Shares. No Participant <br /> shall be entitled to receive any distribution, nor to have notices given to it as herein provided, <br /> until it has given its appropriate address to such officer or agent of the Fund as shall keep the <br /> Share Register for entry thereon. <br /> 7.02 Re ig strar. The Trustees shall have full and complete power to employ a registrar. <br /> Unless otherwise determined by the Trustees, the Share Register shall be kept by the <br /> Administrator which shall serve as the registrar for the 4M Fund. The registrar shall record the <br /> original allocations of Shares in the Share Register. Such registrar shall perform the duties • <br /> usually performed by registrars of certificates and shares of stock in a corporation, except as <br /> such duties may be modified by the Trustees. <br /> 24 <br />