6b Agreement

Item No. 6b Exhibit A Draft Agreement
DRAFT
Date of Meeting: June 8, 2010


Sustainable Aviation Fuels Northwest

Agreement

This Agreement is made and entered into on this       day of                and among
, 2010, by

. the parties listed below. These parties are collectively referred to as the Steering Committee (hereafter,
the "Steering Committee"), and individually as "Members."

1. Alaska Airlines, Inc., an Alaska corporation, on its own behalf and as representative for its
affiliated entity, Horizon Air Industries, Inc., a Washington corporation ("Alaska Airlines");

2. The Boeing Company

3. Washington State University

4. Port of Seattle (P05)

5. Port of Portland

6. Spokane International Airport

Additional Members may be added at a later date pursuant to the terms of this Agreement.

RECITALS

WHEREAS, the Pacific Northwest economy relies on the aviation industry to support aerospace, tourism
and agricultural industries which create millions of jobs and contributes billions of dollars to the

economy; and

WHEREAS, the aviation industry accounts for approximately two percent of global anthropogenic carbon
dioxide emissions and the industry is taking decisive action to help reduce those emissions; and

WHEREAS, the development and commercialization of sustainable aviation fuels are intended to help
reduce aviation's carbon emissions while preserving and enhancing its opportunities for future growth;

and

WHEREAS, the Steering Committee wishes to work with other regional aviation and biofuel
stakeholders to conduct a comprehensive regional assessment of the challenges and opportunities
associated with development of sustainable aviation fuels in the Pacific Northwest; and

WHEREAS, the comprehensive regional assessment will assess the development and commercialization
of biomassbased jet fuel in the Pacific Northwest Region so as to ensure (1) that fuel production
methodologies do not compete with food needs, drinking water resources or beneficial land uses which
have a lower lifecycle carbon intensity than traditional JET-A fuel; and

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WHEREAS, the Steering Committee wishes to invite a diverse set of stakeholders, including airlines, fuel
producers, feedstock growers, and non-governmental organizations (NGOs) to participate on a voluntary
basis in the project; and

WHEREAS, the Steering Committee wishes to engage a consultant to facilitate the stakeholder process
and prepare a report containing findings and recommendations and supporting information from the
comprehensive regional assessment; and

WHEREAS, the Port of Seattle operates the Seattle Tacoma International Airport (Sea-Tac) and air
navigation facilities, deriving its authority to do so from Chapter 14.08 RCW in addition to its powers
under Title 53; and

WHEREAS, The Port of Portland operates Portland international Airport (PDX) and air navigation
facilities, deriving its authority to do so from Chapter XXX ORS.; and

WHEREAS, Spokane International Airport (GEG) is jointly owned by Spokane County and the City of
Spokane and operates under provisions of RCW 14.08; and

WHEREAS, airlines are important customers of SeaTac, PDX and GEG and these airports have a vital
business interest in the growth of the aviation industry and helping the industry continuously improve
its environmental performance; and

WHEREAS, overcoming challenges associated with the development and commercialization of
sustainable aviation fuel will require appropriate collaboration with airports in that such fuel must be
compatible with existing fuel delivery systems and other airport infrastructure; and

WHEREAS, the engagement of a consultant for the purpose of convening and managing the stakeholder
process for conducting a comprehensive regional assessment and preparing a report containing findings
and recommendations and supporting information from such assessment serves the business interest of
the Port of Seattle, the Port of Portland, and Spokane International Airport, and is within the purpose
and object ofthese entities enabling statutes; does not contradict statutory or constitutional limitations

and is neither arbitrary nor capricious; and

WHEREAS, the use of airport funds can be used to support a study that provides airports in the Pacific
Northwest with information about the sustainability of biomass-based jet fuel and the infrastructure
and facility modifications that might be necessary to support the use of sustainable aviation biofuels at
these airport; and

WHEREAS, to the extent that funds from airports in the Pacific Northwest are used to pay a consultant,
these funds would be payment toward receipt of a report related to the sustainability and delivery of
biomassbased jet fuel and has specific value for each at Sea-Tac, PDX, and GEG;



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NOW THEREFORE, the members of the Steering Committee hereby agree as follows:


1.      Purpose. The purpose of this Agreement is to define the tasks and responsibilities of the
Steering Committee to engage a consultant to: (a) facilitate a stakeholder process for a comprehensive
regional assessment exploring the challenges and opportunities associated with the development of
sustainable aviation fuels in the Pacific Northwest, and (b) develop a report and supporting information
containing the findings of comprehensive regional assessment (the "Project').

2.     Effective Date. This Agreement shall become effective on the day that the last of the
originating Members, listed above, signs this document.


3.     Steering Committee Tasks and Responsibilities. The Steering Committee Member
organizations hereby agree to the following:

3.1    Members and Designated Representatives.

3.1.1   Each Member shall appoint one Designated Representative, and one
alternate, to the Steering Committee. Each Member shall have the right to change its
Designated Representative upon five (5) days written notice to each of the other
Members and the Administrative Lead.

3.1.2  The Steering Committee shall consist of one Designated Representative
from each of the organizations that are signatories to this Agreement; and any
additional organizations added in accordance with Section 3.1.5.

3.1.3  All notices, draft reports, and other communications to or by a Member
or the Consultant required by this Agreement and relating to the Project or the
Agreement shall be sent to the Designated Representative.

3.1.4  Only the Designated Representative, or the Designated Representative's
alternate designated under 3.1.1, shall be entitled to vote on behalf of such Member in
connection with Steering Committee decisions pursuant to Section 3.6.

3.1.5  Additional PartiesZSteering Committee Members. At any time during
the course of the Project, additional entities that have interest in participating in the
Project may, with the unanimous consent of the Steering Committee, become a Steering
Committee Member and join this Agreement by executing and delivering a counterpart
hereof and by paying a one-time fee in an amount to be proposed by the new
participant and approved by the Steering Committee. The fee for any additional party

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may be waived by the majority vote of Steering Committee members. Additional parties
must ratify and accept in writing the Steering Committee decisions that have been made
to date.

3.1.6  Stakeholders. The Steering Committee shall identify and invite other
entities to participate in the workshops ("Stakeholders") as described in Exhibit A, the
Scope of Work and to contribute funds to Consultant costs. Each Stakeholder shall be
required to execute a separate agreement outlining the terms oftheir participation in
the Project, including substantially the same Public Communication and Confidentiality
and Use of Information provisions as in this Agreement, and in substantially the form
attached hereto as Exhibit XXX.

3.1.7  Workshops. Members shall make commercially reasonable efforts to
have a representative attend all of the Workshops scheduled by the Consultant as
described in Exhibit A and provide data and information, where appropriate, to assist
the Consultant in completing its Scope of Work.

3.2    Port of Seattle Responsibilities. POS agrees to the following:


3.2.1  Administration. The POS Designated Representative shall serve as
Administrative Lead for the Steering Committee. The Administrative Lead shall
determine Members' availability for meetings, notify Members of meetings, distribute
materials and information as required, and facilitate meetings.

3.3    Alaska Airlines Responsibilities. Alaska Airlines agrees to the following:

3.3.1  Project Management. Alaska Airlines shall serve as the Project Manager
and also, in that capacity, negotiate, execute and administer a contract with a
consultant chosen as set forth in Section 3.3.4 below (the Consultant) to perform the
work described in Exhibit A.

3.3.2   Alaska Airlines shall not execute the contract with the consultant until
the Steering Committee unanimously determines that adequate funds have been
deposited in the escrow account by Members and Stakeholders to cover the Consultants
costs for performing the work described in Exhibit A.

3.3.3  Alaska Airlines shall work with the Consultant, in consultation with the
Steering Committee, to assure that the Project is carried out in accordance with the
Scope of Work (Exhibit A).

3.3.4  Consultant Management. The Steering Committee shall assess the field
of potential consultants, select an entity, then direct Alaska Airlines to begin
negotiations with the selected entity.

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3.3.5  Alaska Airlines shall negotiate and execute a contract with the
Consultant and pay all invoices from funds contributed by Steering Committee members
as set forth in Section 3.5 herein and from funds contributed by Stakeholders.
Additionally, Alaska Airlines shall provide the Steering Committee a draft of the
consultant contract for the limited purpose of verifying that it conforms to the terms of
this Agreement, including without limitation, the confidentiality and publicity provisions,
the Scope of Work and designates each Steering Committee Member as an intended,
third party beneficiary under the consultant contract. Should a discrepancy be found,
the Steering Committee shall meet to resolve such discrepancy with Alaska Airlines prior
to Alaska Airlines executing such consultant contract.

3.3.6  Alaska Airlines shall manage performance of the Consultant's work,
subject to ultimate Steering Committee review and approval, to meet the objectives for
work as described invExhibit A.

3.3.7  Subject to Steering Committee review and approval, Alaska Airlines shall

manage performance ofthe Consultant's work so that the work is performed within the
budget provided by the Consultant and the funds available to the Steering Committee in
the escrow account.  Prior to commencement of the work by Consultant, Alaska
Airlines shall review the Consultant's budget for performing the work described in
Exhibit A, and in consultation with the Steering Committee determine whether
adequate funds are in the escrow account to cover the Consultant's costs. Subject to
Steering Committee review and approval, Alaska Airlines may amend the scope of work
to ensure that the Consultant costs stay within the funds available in the escrow
account, so long as the objectives described in Exhibit A are still met.

3.3.8  The contract with Consultant shall not exceed two hundred thousand
($200,000) unless 1) Additional Parties pay fees or make contributions sufficient to add
to the Consultant's Scope of Work; and 2)Steering Committee Members unanimously
approve an amendment to the Consultant's contract.

3.3.9  The Alaska Airlines Designated Representative shall act as the liaison
between the Consultant, and the Steering Committee, collectively and as to its
individual members. Alaska Airlines will be responsible, subject to ultimate Steering
Committee review and approval, for all direction given to the Consultant. No change in
the Scope of Work or Consultant's contract will be effective unless issued in writing by
Alaska Airlines and approved by Steering Committee, pursuant to Section 3.3.8, above.





3.4   Shared Common Costs.


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3.4.1  Payments. By no later than XX/XX/10, each Member shall pay or shall
wire transfer to the designated escrow account that Member's Designated Share of
Shared Costs, and from time to time its pro rata share of any applicable escrow fees,
unless the Member chooses to include its Pro rata share of applicable escrow fees in the
Member's one-time contribution. "Shared Costs" are estimated to be $200,000 for the
Project. "Designated Share" shall mean the amounts as set forth below in this Section.

(a) The amounts (not including escrow fees) that each Member shall be
obligated to transfer to the designated escrow account pursuant to this
Agreement shall be as follows:

(i) Alaska Airlines: $45,000.
(ii) Boeing:    $45,000.
(iii) Washington State University: In-Kind.
(iv) Port of Seattle: $45,000.
(v) Port of Portland $45,000.
(vi) Spokane International Airport: $20,000.

3.4.2  RefundszDisbursementsZEscrow Fees. The Members hereby agree to
allocate "pro rata" among themselves all refunds, disbursements and escrow fees called
for or resulting under this Agreement or the Escrow Agreement. "Pro rata" shall mean
that proportion that is calculated by dividing a Participant's dollar amount of Shared
Costs listed in Section 3.4.1.

(a) Should there be a good faith assessment by the Steering Committee that the
Scope of Work described in Exhibit A will not be completed within the Shared
Costs amount, the Members may either (i) reduce the scope of work to not
exceed the Shared Costs amount through the unanimous determination of the
Steering Committee, or (ii) execute a written amendment to this Agreement
signed by all Members to increase the Shared Costs amount, along with the
associated contribution for each Member, to meet the existing Scope of Work
described at Exhibit A. Provided, further, that in the event any Member fails to
make its full payment of its designated amount of the Shared Costs, the
remaining Members shall not be required to perform their obligations under
this Agreement, with Members entitled to seek redress for any amounts a
Member had to pay in excess of its Pro rata share as a result against any
defaulting or non-performing Member(s) as set forth in 3.4.1.(b).

(b) Members that pay their designated amount of Shared Costs reserve all rights
of action against any defaulting or nonperforming Member(s) for recovery
under all applicable statutes or theories of law or equity.

(c) Alaska Airlines shall establish an escrow account to hold Members' payments
for Shared Costs as well as the fees paid by Additional Steering Committee
Members and Stakeholders.


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3.4.3  Procedures for Disbursements from Escrow. The Alaska Airlines
Designated Representative, on behalf of the Steering Committee, shall review all
invoices for work performed under the Consultant contract for the Work
objectives/tasks described in Exhibit A. The Alaska Airlines Designated Representative
shall certify as to whether invoices for incurred costs are for the performance of Work
objectives described in Exhibit A. Upon presentation to the Escrow Agent of itemized
invoices for Work along with certification stating that the invoiced work was completed
in accordance with the standards set forth in the consultant contract and Exhibit A,
Escrow Agent shall, not earlier than fifteen (15) days and not later than thirty (30) days
after its receipt of such invoices and certification, make payment of the invoiced and
certified amount unless the Escrow Agent receives a notice of objection from a Member
pursuant to the Escrow Agreement attached as Exhibit B.

3.4.4  Redistribution of Fees Paid by Additional Parties. To the extent that
Additional Parties and Stakeholders' pay funds when theyjoin the Project, pursuant to
Sections 3.1.5 and 3.1.6, such monies shall be paid to the designated escrow account.
Such fees shall be redistributed by Escrow Agent to Members on a "pro rata" basis if
there are any monies remaining after the fees are applied to invoices for Consultant's
Work and after payment of all escrow fees and costs.

3.4.5  Termination of Escrow. The escrow shall terminate upon completion of
the Work described at Exhibit A or upon disbursement by the Escrow Agent of all funds
deposited into the escrow. If the Work is completed before all of the funds deposited
into the escrow have been disbursed, the remaining funds in the escrow (after payment
of all escrow fees and costs) shall be disbursed back to the Members who have
performed their obligations under this Agreement, on a "Pro rata" basis, not earlier than
five (5) and not later than ten (10) days following presentation to the Escrow Agent of
certification from the Alaska Airlines Designated Representative that the Work has been
completed. Interest that has accrued in the escrow account shall be first applied to pay
escrow fees and, thereafter, disbursed upon termination of the account in the same

manner as other remaining funds.

3.5    Administration. The Steering Committee shall hold such meetings as it deems

necessary, which may be called at any reasonable time by any Designated Representative.
Meetings may be in person, by teleconference or any combination thereof.

3.6   Decisionmaking. A Steering Committee meeting or teleconference cannot be
held unless a majority of the Designated Representatives (or alternates) are present or available
by telephone. The goal of the Members is to reach decisions by consensus, i.e. a unanimous
vote of all Members, with each Member being entitled to one vote. An absent Member may
vote by giving a written proxy to another Member. The Members shall endeavor in good faith
to reach consensus in resolving all matters to be decided by the Steering Committee. However,
unless otherwise specified in this Agreement, if a pending decision has been discussed at two (2)
Steering Committee meetings without reaching consensus, at the conclusion of the second
meeting the decision shall be made by majority vote of the Members present. For decisions
made with a majority of Members only (and not unanimous), such decisions will only take effect


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five (5) business days following the date of the applicable Steering Committee meeting to allow
a dissenting, or absent, Member the ability to withdraw from the Agreement.


3.7   Termination and Withdrawal. This Agreement shall terminate, and the Steering
Committee dissolved, thirty (30) days after the Final Report is issued to the public, or payment
of the final Consultant invoice, whichever is later. Each Member, shall have the unilateral right
to immediately withdraw at any time, upon written notice to the Steering Committee.
However, a withdrawing Member is not entitled to a refund of the payment described in Section
3.4.2.

3.7.1  In addition to the termination requirements described above, Alaska
Airlines, in its role as Project Manager, must complete the following tasks prior to any
Alaska Airlines' withdrawal:

3.7.1.1  The Consultant must be paid for any and all work    that
was incurred prior to Alaska Airlines' withdrawal announcement, provided sufficient
funds are available in the escrow account for this purpose.

3.7.1.2 Alaska Airlines will provide each Member with an electronic
copy of the most final work product produced prior to Alaska Airlines' withdrawal
announcement.

3.7.2 Upon a Member's withdrawal from the Project, the withdrawing Member
shall continue to abide by the Public Communication and Confidentiality and Use of
Information provisions in this Agreement. The remaining Members ofthe Steering
Committee agree not to use the name, marks or brand ofthe withdrawing Member
without such Member's prior written consent.

3.8    Management Tasks.


3.8.1  The Steering Committee shall amend the Scope of Work (Exhibit A) as

necessary.

3.8.2  The Steering Committee shall review and approve the Schedule and
Budget, and amend it as necessary.


4.     Report Approval Process.


4.1   Preliminary Report. Each Member shall receive an electronic copy ofthe first
draft report ("Preliminary Report"), as well as supporting information. Members shall
have ten (10) days to review the Preliminary Report and supporting information, and
provide any necessary corrections or comments, which shall be delivered electronically
to the Project Manager in Strikeoutunderline format.

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4.2    Final Draft Report. The second draft report ("Final Draft Report") shall consist of
a strikeout/underline version of the Report, incorporating all Members' comments on
the Preliminary Report and the supporting information. Each Member shall receive an
electronic copy of the Final Draft Report. Unless the Steering Committee determines
that it is unnecessary, the Steering Committee shall review the Final Draft Report at a
Steering Committee meeting, the purpose of which is to obtain agreement on the
content of the Final Report. Failure of a Member to attend the above-mentioned
meeting shall be construed as agreement with the content of Final Draft Report.

4.3    Final Report. The third draft is the Final Report. Each Member shall have an
opportunity to formally approve or disapprove the Final Report. The Steering
Committee, in its discretion, may decide to have another review cycle if there are any
disapproving Members. At the conclusion of the Project, each Member shall receive an
electronic copy of both the Final Report, and the supporting information, no later than
thirty (30) days after they are final.

5.     Public Communication.


5.1    No later than the date specified in the approved Schedule, the Steering
Committee shall jointly develop and approve a media/communications plan,
including the preparation of a press release about the Final Report.

5.2    Members agree to endeavor to exercise reasonable judgment and to act
in the good faith in communicating in any manner with any governmental
agencies or other entities concerning the subject ofthis Agreement.
Substantive communications by a Member with such third parties concerning
the subject of this Agreement must be disclosed in writing to the other
Members. Notwithstanding the media communication plan, Members shall not
- refer to this Agreement, or to any related activity or relationship with other
Members, hold public meetings, press conferences, or issue press releases
concerning the subject of this Agreement without obtaining the prior written
consent of all Members of the Steering Committee.


6.      Confidentiality and Use of information.


6.1    Confidential Information. "Confidential information" consists of documents,
communications or mental impressions concerning the Project that have not been published or
have not become a part of the public domain, e.g. the Preliminary Report and Final Draft Report
and their accompanying supporting information. The Final Report, and its supporting
information, are not, and will not be subsequently deemed to be Confidential Information, and
each Member agrees to take this into account in formulating and submitting supporting
information to the Final Report. For purposes ofthis Section, "Final Report" shall mean the

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version of the report that is unanimously approved by the Steering Committee as the final
version of the report. From time to time, the Members may disclose or transmit Confidential
Information to each other or to the Consultant. Confidential information may be disclosed to or
transferred among the Members orally or in writing or by any other appropriate means of
communication. The Members intend that no claim of attorneyclient privilege or work product
immunity or any other privilege be waived as a result of exchange or transmittal of Confidential
Information.

6.2    Maintenance of Confidentiality. Except as provided in Section 6.3, each Member agrees
that all Confidential information received from any other Member or the Consultant,
or by the
Consultant from any Member concerning the Project, shall be held in strict confidence by the
receiving Member, and that such Confidential information shall be used only for conducting
such activities that are necessary and proper to carry out the purposes of this Agreement. Each
Member shall take all necessary and appropriate measures to ensure that any person who is
granted access to any Confidential Information or who otherwise assists the Consultant in
connection with this Agreement, is familiar with the terms of this Agreement
and complies with
the terms hereof as they relate to the duties of such person.

6.3    Compelled Disclosure. The parties acknowledge that every public agency in Washington
State is required to make its records available for public inspection unless a record is specifically
exempted from disclosure under Chapter 42.56 RCW. If a Member wish to be notified of a public
records request for documents submitted by that Member, prior to submitting the document,
that Member must clearly mark the document "Confidential Information." Even documents
or
other materials so marked may be subject to public inspection. if Confidential Information
becomes the subject of a Public Records Act request, or an administrative orjudicial order
requiring disclosure by a Member, the Member may satisfy its confidentiality obligations under
this Agreement by either (1) objecting to production of any such Confidential Information
on
grounds of confidentiality and/or any privilege, or (2) promptly notifying the Member(s) that
generated the Confidential Information at least five (5) business days prior to any such required
disclosure and informing the generating Members of all material information concerning the
required disclosure. If any party undertakes legal action to prevent the disclosure of any
information that the party deems confidential or proprietary, that party shall bear the cost for
such legal action.

6.4   Nonconfidential Information. Nothing in this Agreement shall prevent the Members
from disclosing to others or using in any manner information which the Member
can show:

6.4.1  Was known by a Member prior to execution of the Agreement, has been
published or has become part of the public domain other than by the acts, omissions or
fault of Members or their agents or employees in violation of this Agreement; or

6.4.2  Has been furnished or made known to a Member by third parties (other than
those acting directly or indirectly for or on behalf of the Members) or was obtained by
a

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Member in some manner other than pursuant to this Agreement, as a matter of legal
right, without any applicable restrictions on its disclosure;

6.4.3  Was in the Member's possession prior to the disclosure thereof by or on behalf
of any of the Members; or

6.4.4  Is information that has been made final pursuant to Report Approval Process
described in Section 4. This includes both the Final Report and the supporting
information for the Final Report.

7.     Dispute Resolution. If and when there is a disagreement among Members concerning

any aspect of this Agreement that cannot be resolved pursuant to the decisionmaking process
of Section3.7, the aggrieved Member(s) may request appointment of a neutral mediator to
resolve the dispute. Such request shall be a condition precedent to resorting to other remedies
that the aggrieved Member may have. The mediator shall be selected by common agreement
between any and all Members involved in the dispute; however, only the requesting Member
shall be responsible for paying the fees of the mediator. All members involved in the dispute
shall pay its own internal costs for participating in the mediation process. The entire mediation
process shall last no longer than fourteen (14) days, starting with the request for appointment
of the mediator.

8.     No Admission of Liability. Neither a Member's entry into this Agreement, nor its
participation in the Steering Committee and performance of other actions in accordance with
this Agreement, shall be considered an admission of any issue of fact, law or liability ofr any
purpose other than a proceeding to enforce this Agreement. Except as expressly provided in this
Agreement, each Member retains all rights and defenses it may have and remains an
independent entity wholly responsible for its own actions. Provided further that no Member
shall have the right to act as an agent for another Member unless expressly authorized to do so
herein or by separate written instrument signed by the Member(s) granting such authority. The
term "costs" as used in this Agreement shall mean and refer to costs related to engaging a
consultant for the purpose described in this Section.


9.      Enforceability by Third Parties. This Agreement is not intended for the benefit of any

person or entity not a signatory to this Agreement and is not enforceable by any third party,
including but not limited to, the Consultant.

10.    Amendments. This Agreement may be amended only in writing by the unanimous
approval of the Members, by receipt of written concurrence from each Designated
Representative. Such amendments shall become effective on the date written notice of such
amendments is postmarked to all Members. However, nothing in this Section prohibits
Members from entering into separate agreements with other Members, and unanimous
approval is not required for such separate agreements.

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11.    Successors and Assigns. This Agreement shall binding upon the successors and assigns
of the Members. No assignment or delegation of the obligation to make any payment or
reimbursement hereunder shall release the assigning Member without the prior written consent
of the other Members.

12.    Severability. If any provision of this Agreement is deemed invalid or unenforceable, the
balance of the Agreement shall remain in full force and effect.

13.    Authority of Members. Each Member represents and warrants that he or she has all
requisite power (corporate or otherwise) to enter into and be bound by the terms and
conditions of this Agreement and to carry out its respective obligations hereunder and the
execution and delivery by such Member of this Agreement and the performance of such
Member's obligations hereunder have been duly authorized by all necessary action (corporate
or otherwise) of such Member.

14.    Counterparts. This Agreement may be executed in multiple counterparts, each of which
shall be deemed an original, but all of which shall constitute one and the same instrument.

15.    Governing Law. This Agreement shall be construed under and in accordance with laws
of the state of Washington without regard to the conflict of laws provision therein.

16.    Entire Agreement. This Agreement, including documents incorporated by reference,
constitutes the entire understanding of the Members with respect to its subject matter.

17.    Notices. Any notice required by the provisions of this Agreement shall be made to each
Designated Representative of each Member of the Steering Committee as specified below:

a) Alaska Airlines/Horizon Air

Attention: Managing Director, Government and Community Relations
Facsimile: (206) 3925558

b) Boeing Commercial Airplanes
P.O. Box 3707
Seattle, WA 98124-2207

Attention: Vice PresidentContracts
Mail Code 21 34
Facsimile: (425) 237-1706

c) Washington State University
520 Pike Street, Suite 1101
Seattle, WA 981013916

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Attention: Vice President, Economic Development and Global Engagement
Facsimile: (206) 448-1334              '

d) Port of Seattle
SeattleTacoma International Airport
PO. Box 68727
Seattle, WA 98168

Attention: Michael Lufkin and Elizabeth Leavitt
Facsimile: (206) 439-6617

e) Port of Portland/Portland International Airport
PO. Box 3529
Portland, OR 97208

Attention: General Manager, Aviation Environmental & Safety
Facsimile: (503) 548-5823

f) Spokane International Airport

Attention: Todd Woodard
Director, Marketing and Public Relations
Spokane International Airport

IN WITNESS WHEREOF, the Members hereto enter into this Agreement. Each person signing
this Agreement represents and warrants that he or she has been duly authorized to enter into this
Agreement by the corporation, entity or municipality on whose behalf the person is signing.



By:                                       By


Name:                           Name:


its:                                                     Its:



Sustainable Aviation Fuels Northwest  Agreement 13

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By: Washington State University


Name: Howard D. GrimesI Ph.D.               Name:


Its: Vice President for Research                        Its:

and Dean of the Graduate School




Name:                          Name:


Its:                                                   its:







Name:                          Name:


Its:                                                     Its:






Sustainable Aviation Fuels Northwest  Agreement 14

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By                                By:


Name:                          Name:


its:                                                    its:





By:


Name:


Its:








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EXHIBIT "A"

TO AGREEMENT

Scope of Work






















Sustainable Aviation Fuels Northwest - Agreement 16

EXHIBIT A
Sustainable Aviation Fuels Northwest
Preliminary Scope of Work

Introduction

This Preliminary Scope of Work identies the key tasks to be completed by the Project
Consultant as part of the Sustainable Aviation Fuels Northwest Project ("SAFN Project'). This
Preliminary Scope of Work may, from time to time, be amended consistent with the provisions
ofthe attached Sustainable Aviation Fuels Northwest Agreement.

Task 1:    Project Management/Stakeholder Facilitation

The Consultant will be responsible for managing and facilitating the activities of the
Stakeholder/Members group, with the objective to utilize the expertise embodied with the
Stakeholders and their afliated organizations in the completion of Tasks 2 through 7.  The
facilitation task will include convening at least ve (5) Stakeholder and Member workshops,
roughly corresponding to the following schedule:
-
.

_ Task/ActiVi
-
,

_
PreWorkshop Project Plan Development                    June 2010
0  Work with the launch partners in developing a project plan that
clearly denes desired deliverables and a sequential process that
will achieve those deliverables.
Pre-determine an analytical framework for the quantitative model(s)
to be employed during the workshops, including the proposed
analytical model(s), how they will be populated With data, and
Who/how they will be exercised to produce quantied results as part
of the deliverables package.

Workshop 1
Present current state of knowledge on prospective Northwest
feedstocks and technologies
Presentation on international sustainability criteria as they are
June 2010
evolving
Gather Stakeholder perspectives and insights on prospective
pathways
Identify plausible and desirable outcomes
Identify key drivers and uncertainties
Test consensus on priority of biofuels to aviation
Develop scenarios/pathways to be modeled based on assessment
of likely commercial feasibility in 201520 timeame

Post Workshop 1                                    July/August 2010
0  Conduct preliminary modeling/analysis

EXHIBIT A
Sustainable Aviation Fuels Northwest
Preliminary Scope of Work

Workshop 2                                  August 2010
0  Present and review modeling results

0  Adjust/redesign scenarios/ - athways
Post Workshop 2
p                                                   September 2010
0  Conduct additional modeling as needed
Draft key ndings and recommendations                           0
0  Distribute draft nding to Stakeholders within one week of
Workshop 3.
Workshop 3 October 2010
0  Present and review modeling results
Come to preliminary agreement on scenarios/pathways                                    0
0  Come  to  preliminary  agreement  on  key  ndings  and
recommendations
Grou agreement on design framework of Final Report
.
Post Workshop 3                                 October/November
0  Conduct additional modeling as needed

0  Develop   draft  report   including   key   ndings   and
recommendations
0  Distribute to draft report to Stakeholders within one week of
Workshop 4. 
Workshop 4                                  December 2010
0  Finalize   agreement   on   pathways,      ndings   and
recommendations
0  Review draft re ort
Post Workshop 4 
0  Finalize report

0  Draft communications and outreach plan

0  Distribute both re ort and plans within week of next meeting
Workshop 5                                  January 201 l
0  Review and approve Final Report


The Consultant may hold additional Stakeholder workshops as deemed necessary.

Task 2:    Identication of Potential Alternative Supply Chain Pathways for Northwest
Aviation Biofuels

The Consultant shall work with the Stakeholder group in identifying a series of potential
scenarios/pathways for the development of an aviation biofuels industry in the Pacic Northwest
delivering product at commercial levels by or before 2020. The scenarios/pathways considered
and identied should cover the entire aviation fuel supply chain in the Pacic Northwest.

EXHIBIT A
Sustainable Aviation Fuels Northwest
Preliminary Scope of Work
The intent of Task 2 is not to identify every possible scenario/pathway but rather to focus in on
those scenarios/pathways that are most likely to develop by 201520 in light of the aviation fuel
supply chain's unique market characteristics and the particular circumstances (e. g. available
feedstocks and delivery systems) found here in the Pacic Northwest.  The specic number of
pathways/scenarios identied shall be left to the discretion of the Consultant and the
Stakeholders to determine.

In identifying plausible scenarios/pathways, the Consultant should utilize the expertise of the
Stakeholders, as well as other information and expertise available from third parties not involved
with the project.

Task 3:    Identication of Environmental Sustainability Criteria

Biolel' development in the Northwest should address environmental sustainability issues
including, but not limited to:

Emissions of C02
Biodiversity and ecosystem functions
Use of water resources
Soil integrity

The establishment of good practices and standards for biofuel production in the Northwest is
important to secure industry credibility and stable public policy support. While it is beyond the
scope of this project to develop an environmental assurance scheme for biofuel production in the
Pacic Northwest, the Project does aim to identify existing principles, criteria, and standards that
have been developed by other organizations and governments that could/should be utilized to
demonstrate environmental sustainability in the Northwest. Towards that end, the Consultant
shall  work  with the  Stakeholder  group  to  identify  existing  environmental  assurance
standards/schemes and assess their applicability to projects in the Pacic Northwest.

Task 4:    Modeling the Economic and Environmental Sustainability of the Identied
Scenarios/Pathways

Working together with participating Stakeholders, the Consultant Will coordinate an
approach/strategy for modeling the economic and environmental sustainability of each of the
plausible scenarios/pathways identied in Task 2.  The modeling should include, but is not
limited to:

,             Environmental
Regional commercial aviation demand for     Lifecycle greenhouse gas (GHG) emissions,
fuels from conventional and bio sources      using best data on carbon intensity of actual
'
Northwest petroleum feedstocks (i.e. tar sands)
Northwest technical and economic bioiels                                Direct and, if feasible and applicable, indirect

EXHIBIT A
Sustainable Aviation Fuels Northwest
Preliminary Scope of Work
feedstock production potential             land use change driven by aviation biofuels
market demand
Feedstock demand from other sectors and how  Impact ofbiomass production on other
it might impinge on bioenergy markets       environmental media including, water
quantity/quality, soil degradation/erosion air

quality, biodiversity
Bioenergy demand in other sectors and how it 
impinges on the aviation market, taking into
account factors including but not limited to
electrication of ground transport and biomass
power plant demand.
Projected biofuel production cost by
fuel/feedstock in the Northwest region
Impact ofbioenergy feedstock development on
food crop prices
Evaluation of logistics and compatibility of the
introduction of sustainable bioiels at Seattle
Tacoma International Airport, Portland
International Airport, and Spokane
International Airport (e.g. necessary
changes/modications to existing fuel delivery
systems)
Economic impacts of regional bioenergy
industry 

The Consultant is encouraged to partner with and/or utilize the expertise of Members and
external third parties including academia to deliver some of the analytic capabilities. This scope
of work is premised on the understanding that much of the analytic work will be available from
Members and external third parties without the need for extensive modeling conducted by
Consultant. It is understood that many of the modeling outputs will be delivered as projections
with forecast uncertainties, as case specific models are notfeasible.

Task 5:    Development of Key Findings and Recommendations

Based upon the modeling conducted and the information learned as part of Tasks 2 and 3, the
Consultant shall work with the Stakeholders in developing key ndings and recommendations to
be included in the Final Report. The recommendations should focus on actions and efforts that
can be undertaken by a wide variety of stakeholders in the region to stimulate and advance the
development and commercialization of sustainable aviation fuels in the Pacific Northwest.

Task 6:    Production of Public Report

The Consultant shall be responsible for the production of the Final Report. The Final Report
shall be of professional quality and should contain the key ndings, conclusions, and

EXHIBIT A
Sustainable Aviation Fuels Northwest
Preliminary Scope of Work
recommendations as developed through the completion of Tasks 2 through 6. The Consultant
shall work collaboratively with the Stakeholders to determine the structure and exact content of
the Final Report. The targeted audience for the Final Report is policy makers, feedstock and
fuels project developers, investors, NGO's, and members of the general public. As such, the
Final Report should be written in a non-technical manner so that it is easily understood by
individuals with diverse backgrounds and interests.

Task 7:    Communication of Public Report and Key Findings
,

The Consultant shall work with the Steering Committee Member and Stakeholders in
developing and implementing a media /communications plan for the distribution of the Final
Report and the key ndings and recommendations.

DRAFT

EXHIBIT "B"

T0 AGREEMENT

Escrow Agreement
























Sustainable Aviation Fuels Northwest - Agreement 17

ESCROW AGREEMENT

THIS ESCROW AGREEMENT, (the "Agreement") is made this day of
,
2010, by and among Alaska Airlines, Inc., an Alaska corporation,
with ofces at 19300 International Boulevard, Seattle, WA 98168 ( "Alaska Airlines" ),
the other members of the Steering Committee: The Boeing Company, Washington State
University, Port of Seattle (POS), Port of Portland, and Spokane International Airport,
and any Additional Members, as those terms and parties are dened in the Sustainable
Aviation Fuels Northwest Agreement dated
,
2010, attached hereto as Exhibit A and
by this reference incorporated herein (the "SAF NW Agreement"), ("Steering
Committee) and US. Bank National Association ("Escrow Agent").

WHEREAS, the purpose of the SAF NW Agreement is to dene the tasks and
responsibilities of the Steering Committee to: (a) facilitate a stakeholder process for a
comprehensive regional assessment exploring the challenges and opportunities associated
with the development of sustainable aviation fuels in the Pacic Northwest, and (b)
develop a report and supporting information containing the ndings of comprehensive
regional assessment (the "Proj ect");

WHEREAS, the Steering Committee as part of the Project anticipates the engagement of
a consultant (the "Consultant") for the purpose of convening and managing the
stakeholder process for conducting a comprehensive regional assessment and preparing a
report containing ndings and recommendations and supporting information from such
assessment that serves the Port of Seattle's business interest; and Alaska Airlines is to
serve under the SAF NW Agreement as the Project Manager and also, in that capacity,
negotiate, execute and administer a contract with the Consultant chosen as set forth in the
SAP NW Agreement;

WHEREAS, the Steering Committee members have agreed to pay the Shared Costs for
the Project and Consultant and to deposit an aggregate sum of at least 53 200,000 (the
"Funds"), with the Escrow Agent, representing the estimate of the maximum cost for the
Project, including the fees and expenses of the Consultant, and to settle "pro rata" among
themselves any refunds, disbursements and escrow fees called for or resulting under this
Agreement and in this regard Alaska Airlines is to establish an escrow account (the
"Escrow Account") to hold these as well as any fees paid under the SAF NW Agreement
by Additional Steering Committee Members and Stakeholders and to authorize payment
to the Consultant and others from this Escrow Account and to settle any refunds,
disbursements and escrow fees as provided under the SAF NW Agreement and this
Agreement;

WHEREAS, the Escrow Agent is to release any Funds to the Consultant or otherwise as
certied by Alaska Airlines following the review and approval of the Steering Committee
of any proposal for such release as contemplated by the SAF NW Agreement and this
Agreement;

6/2/2010                                    1

WHEREAS, Escrow Agent is agreeable to act as escrow agent under this Agreement and
to disburse the Funds in accordance with the terms and conditions hereinafter set forth.

NOW, THEREFORE, in consideration of the mutual covenants and promises set
forth below, the parties agree:

1.     Establishment of Escrow Account.

1.1.   An escrow account shall be established under this Agreement for
the sole purpose of holding, investing and distributing the Funds from time to time as
hereinafter set forth (the "Escrow Account").

1.2. Escrow Agent and the Steering Committee agree that the Funds in the
Escrow Account are to be used exclusively for the purpose of funding the Project as
contemplated by the SAF NW Agreement.

2    Disbursements.

2.1.   The Escrow Agent shall disburse all or a portion of the Funds
pursuant to receipt of a Draw Request substantially similar to that set forth in the attached
Exhibit B that has been executed by an authorized designee of Alaska Airlines and that
contains certication of such designee that the Steering Committee has authorized such
disbursement. The form shall be completed and submitted by the appropriate individual
to Escrow Agent for review and approval whereupon Escrow Agent may make the
requested payment.

2.2   If, prior to the release of the Funds pursuant to the provisions of
2.1 hereinabove, the Escrow Agent receives written notice from any member of the
Steering Committee of a dispute between the Consultant or some other third party and the
Steering Committee, the Escrow Agent shall not release the Funds until this dispute has
been settled or resolved to the satisfaction of a court of competent jurisdiction. This
provision shall not prevent Escrow Agent from representing the Steering Committee in
the dispute.

2.3.   Upon proper disbursement of all the Funds, the Escrow Agreement
shall terminate.

3     Escrow Agent's Responsibility.

3.1.   Upon disbursement of all  or any portion of the Funds in
accordance with this Agreement, Escrow Agent shall have no irther responsibility with
respect to the amounts so disbursed. In this regard, it is expressly agreed and understood
that in no event shall the aggregate amount of disbursements from the Escrow Account
by Escrow Agent exceed the amounts deposited by Steering Committee members in the
Escrow Account plus accrued interest, as provided herein.


6/2/2010                                   2

3.2.   Escrow Agent shall have the authority to invest and reinvest the
Fund's principal and income upon written notice from Alaska Airlines in:

(a)    securities issued or directly and fully guaranteed or insured by the
United States Government or any agency or instrumentality thereof having maturities of
not more than twelve months from the date of acquisition, or

(b)   money market funds collateralized with securities of the types
described in clause (a), or '

(c)    any other type of account insured by the FDIC or FSLIC or similar
authorized entity without obligation to split the Funds to stay within FDIC or FSLIC ~
insurance limits.

(d)   in the absence of written direction, the Escrow Agent is hereby
directed to deposit and invest funds in the US. Bank Money Market Savings Account.
Depositors acknowledge that the U. S. Bank Money Market account is a U. S. Bank National
Association ("US Bank") interest-bearing money market deposit account designed to meet the
needs of US. Bank's Corporate Trust Services Escrow Group and other Corporate Trust
customers of US. Bank. Selection of this investment includes authorization to place mds on
deposit with US. Bank. U. S. Bank uses the daily balance method to calculate interest on this
account (actual/365 or 366). This method applies a daily periodic rate to the principal balance in
the account each day. Interest is accrued daily and credited monthly to the account. Interest rates
currently offered on the accounts are determined at U. S. Bank's discretion and may be tiered by
customer deposit amount.  The owner of the accounts is U. S. Bank as Agent for its trust
customers. U.S. Bank's trust department performs all account deposits and Withdrawals. Each
customer's deposit is insured by the Federal Deposit Insurance Corporation as determined under
FDIC Regulations, up to applicable FDIC limits. Any and all interest earned on the Assets after
the deposit shall be added to the Assets and shall become a part thereof. Agent shall thereafter
hold, maintain and utilize the Assets pursuant to the terms and conditions of this Agreement.
Each Steering Committee member shall provide Agent with a W-9 or original W-S IRS tax form
prior to the disbursement of interest and Agent will le the appropriate 1099 or other required
forms pursuant to Federal and Washington laws. A statement of citizenship will be provided if
requested by Agent. Agent shall not be responsible for maximizing the yield on the Assets.
Agent shall not be liable for losses, penalties or charges incurred upon any sale or purchase of any
such investment.

3.3.   Escrow Agent, Alaska Airlines, and the other Steering Committee
members understand and agree that the duties of Escrow Agent are purely ministerial in
nature. Escrow Agent and Steering Committee further agree that:

(a)    Escrow Agent shall not be responsible for the performance by
Consultant or the Steering Committee members under the SAF PN Agreement or this
Agreement or any other agreement.


6/2/2010                                   3

(b)   Escrow Agent shall not be liable for any action taken or omitted
hereunder or under this Agreement except in the case of its bad faith, gross negligence or
willful misconduct.

(c)    Escrow Agent shall furnish to Alaska Airlines and/or the members
of the Steering Committee an accounting of the receipts in, and disbursements from, the
Escrow Accounts, as requested by any of them.

3.4.   The Escrow Agent may resign as Escrow Agent at any time upon
thirty (30) days prior written notice to the Steering Committee. In the case of the Escrow
Agent's resignation, its only duty shall be to hold and dispose of the Escrow Account in
accordance with the original provisions of this Agreement until such successor escrow
agent shall be appointed. The Steering Committee members shall jointly consent and
appoint such successor escrow agent. Upon such appointment, the Escrow Agent's only
duty shall be to pay over to the successor escrow agent the Funds in escrow pursuant to
this Agreement less any portion thereof previously paid out in accordance with this
Agreement.

3.5.   The Steering Committee members agree to indemnify Escrow
Agent, and agents (herein the "Indemnitees") against, and to hold them harmless of and
from, any and all loss, liability, cost, damage and expense, any and all loss, limitation,
reasonable attorneys' fees, except in the case of Escrow Agent's bad faith, gross
negligence, or willful misconduct, which the Indemnitees may suffer or incur by reason
of any action, claim or proceeding brought by any third party against the Indemnitees,
arising out of or relating in any way to this Agreement, or the performance of its duties
hereunder.

3.6   Escrow Agent shall be paid a fee for its services as set forth on Exhibit
C attached hereto and incorporated herein, which shall be subject to increase upon notice sent to
the Steering Committee, and reimbursed for its reasonable costs and expenses incurred.  If
Agent's fees, or reasonable costs or expenses, provided for herein, are not promptly paid, Agent
shall have the right to sell such portion of the Assets held in the Account as necessary and
reimburse itself therefor from the proceeds of such sale or from the cash held in the Account. In
the event that the conditions of this Agreement are not promptly fullled, or if Agent renders any
service not provided for in this Agreement, or if the Parties request a substantial modication of
its terms, or if any controversy arises, or if Agent is made a Party to, or intervenes in, any
litigation pertaining to this escrow or its subject matter, Agent shall be reasonably compensated
for such extraordinary services and reimbursed for all costs, attorney's fees, including allocated
costs of inhouse counsel, and expenses occasioned by such default, delay, controversy or
litigation and Agent shall have the right to retain all documents and/or other things of value at any
time held by Agent in this escrow until such compensation, fees, costs, and expenses are paid.
The Parties jointly and severally promise to pay these sums upon demand. Unless otherwise
provided, the Steering Committee members each will pay one-sixth of all Agent's usual charges
and Agent may deduct such sums from the funds deposited. The Steering Committee members
and their respective successors and assigns agree jointly and severally to indemnify and hold
Agent harmless against any and all losses, claims, damages, liabilities, and expenses, including
reasonable costs of investigation, counsel fees, including allocated costs of in-house counsel and
disbursements that may be imposed on Agent or incurred by Agent in connection with the


6/2/2010                                   4

performance of his/her duties under this Agreement, including but not limited to any litigation
arising from this Agreement or involving its subject matter. Agent shall have a rst lien on the
property and papers held under this Agreement for such compensation and expenses.

4.     Miscellaneous.

4.1.   This Agreement encompasses the entire Agreement of the parties
and shall not be modied except by an instrument in writing signed by the parties.

4.2.   This Agreement shall be governed by and construed in accordance
with the laws of the State of Washington and the proper venue and jurisdiction for any
action or claim with respect to this Agreement or any document delivered pursuant hereto
shall be in the appropriate court in King County, Washington, except as for provided in
section 4.3.

4.3.   In the event of the receipt of conicting instructions prior to
discharge of the Escrow Agent, Escrow Agent shall commence an arbitration before a
single arbitrator acceptable to Escrow Agent under the rules of the American Arbitration
Association, whose decision shall be nal. Upon receipt of a nal decision from the
arbitrator, the Escrow Agent shall comply therewith and upon such compliance shall be
discharged from all further liability. The decision of the arbitrator shall be nal, and may
be reduced to judgment by any party hereto or the Escrow Agent. The arbitration must be
resolved within 90 days of a request for arbitration. Steering Committee members and
Escrow Agent shall pay their own attorney fees and legal costs. The aforementioned
parties shall split the arbitrator's reasonable fees and costs.

4.4.   All notice required to be given in connection with this Agreement
shall be sent via email, certied mail or overnight express with receipt and addressed as
follows:

If to: Alaska Airlines:      (Address & Phone Number)


If to Steering Committee:

The Boeing Company        (Address & Phone Number)

Washington State University     (Address & Phone Number)

Port of Seattle                (Address & Phone Number)

Port of Portland              (Address & Phone Number)

Spokane International Airport     (Address & Phone Number)

6/2/2010                                   5

If to Escrow Agent:            U.A. Bank National Association
60 Livingston Avenue
St. Paul, MN 55107
Attn: Scott Kjar
Phone: (651) 495-3808
Fax: (651) 495-8087
Email:

With a faxed copy to:           Shirley Young
(206) 344-4630

4.5.   This Agreement may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original, but all
such counterparts shall together constitute one and the same instrument.

IN WITNESS WHEREOF, this Agreement has been executed this
_
day of
2010.
,

Alaska Airlines, Inc.,

By:

Name:

Its:

other Steering Committee Members:

The Boeing Company

By:

Name :

Its:

Washington State University

By:

Name:

Its:


6/2/2010                                    6

Port of Seattle

By:

Name:

Its:

Port of Portland

By:

Name:

Its:

Spokane International Airport

By:

Name :

Its:

US. Bank National Association

By:

Name:

Its:








6/2/2010

EXHIBIT "B"

DRAW RE UEST

DRAW REQUEST #

DATE

Pursuant to the Escrow Agreement dated
,  2010, by and
among Alaska Airlines, the other Steering Committee Member, and US. Bank as,
Escrow Agent, Escrow Agent is authorized to disburse $                United
States Dollars to:



For the purpose ofpaying:



Alaska Airlines, Inc. hereby certies that the Steering Committee has approved
this drawing request and that the individual signing below has been authorized by Alaska
Airlines to execute it and authorize the disbursement of funds pursuant to the SAP NW
Agreement.

Approved this _day of              2010.
,


Alaska Airlines, Inc

By:

Name:

Its:




6/2/2010                                    8

EXHIBIT "C"

Schedule of Fees for Services as
Escrow Agent


CTSO1010A    Acceptance Fee The acceptance fee includes the administrative review of      $1000
documents, initial setup of the account, and other reasonably required services up
to and including the closing. This is a one-time, non-refundable fee, payable at
closing.

CTSO4460     Escrow Agent Annual administration fee for performance of the routine duties of the  $1000
escrow agent associated with the management of the account. Administration fees

are payable in advance.

WA SALES TAX Washington State Sales Tax No language needed.                 9.5%

Direct Out ofPocket Expenses
Reimbursement of expenses associated with the performance of our duties, including but not limited to           At Cost
publications, legal counsel aer the initial close, travel expenses and ling fees.

Extraordinary Services
Extraordinary services are duties or responsibilities of an unusual nature, including termination, but not
provided for in the governing documents or otherwise set forth in this schedule. A reasonable charge will
be assessed based on the nature of the service and the responsibility involved. At our option, these
charges will be billed at a at fee or at our hourly rate then in effect.



Account approval is subject to review and qualication. Fees are subject to change at our discretion
and upon written notice. Fees paid in advance will not be prorated. The fees set forth above and any
subsequent modications thereof are part of your agreement. Finalization of the transaction
constitutes agreement to the above fee schedule, including agreement to any subsequent changes
upon proper written notice. In the event your transaction is not nalized, any related out-ofpocket
expenses will be billed to you directly. Absent your written instructions to sweep or otherwise
invest, all sums in your account will remain uninvested and no accrued interest or other
compensation will be credited to the account. Payment of fees constitutes acceptance ofthe terms
and conditions set forth.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT:
To help the government ght the funding of terrorism and money laundering activities, Federal law
requires all nancial institutions to obtain, verify and record information that identies each person
who opens an account.
For a non-individual person such as a business entity, a charity, a Trust or other legal entity we will
ask for documentation to verify its formation and existence as a legal entity. We may also ask to see
nancial statements, licenses, identication and authorization documents from individuals claiming
authority to represent the entity or other relevant documentation.




6/2/2010                                    9

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