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to the Trust itself for purposes of redemption; provided that <br />Shares may be redeemed from one Participant's account and the <br />proceeds deposited directly into another Participant's account upon <br />•instructions from the authorized representatives of the respective <br />Participants. <br />SECTION 8.05. LIMITATION OF FIDUCIARY RESPONSIBILITY. The <br />Trustees shall not, nor shall the Participants or any officer, <br />registrar or other agent of the Trust, be bound to determine the <br />existence of any trust, express, implied, or constructive, or of <br />any charge, pledge or equity to which any of. the Shares or any <br />interest therein are subject, or to ascertain or inquire whether <br />any redemption of any such Shares by any Participant or its <br />representatives is authorized 'by such trust, charge, pledge or <br />equity, or to recognize any person as having any interest therein, <br />except the Participant recorded as the Participant to which such <br />Shares are allocated. The receipt of monies by the Participant in <br />whose name any Share is recorded or by the duly authorized agent <br />of such Participant shall be a sufficient discharge for all monies <br />payable or deliverable in respect of such Shares and from all <br />responsibility to see to the proper application thereof. <br />SECTION 8.06. NOTICES. Any and all notices to which any <br />Participant hereunder may be entitled and any and all <br />communications shall be deemed duly served or given if mailed, <br />postage prepaid, addressed to such Participant of record at its <br />address as recorded on the Share Register. <br />30 <br />