Common use of Required Signatures Clause in Contracts

Required Signatures. I/we hereby acknowledge receipt of the Administrative Fee Schedule attached and accept the terms of said schedule. I/ we further understand the fee schedule is subject to modification and may be increased or decreased at the sole discretion of the Community Foundation’s Board of Directors. I/we agree to be bound by the most current schedule of fees published by the Community Foundation. I/we have received copies and accept the terms of the Procedures For The Establishment And Operation Of Funds and relevant sections of the Bylaws. (Indian River Community Foundation’s Procedures and Bylaws are available at xxx.xxxxxxxxxxxxxxxxxxxxx.xxx.) I/we understand that the Community Foundation, through its duly authorized committees, reserves the right to make the final decision regarding distributions from the Fund. The Fund is protected from obsolescence. If, in the sole judgment of the Board of Directors of the Foundation, the purposes for which the Fund was created ever become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community served by the Foundation, the Foundation’s Board of Directors shall modify any restriction or condition on the use or distribution of the income and principal of the Fund. If the persons named above or after the date of this document are not available to advise and consult with the Community Foundation due to death, resignation or incapacity to serve, the Community Foundation shall use the principal and income from the Fund for its general and charitable purposes as set forth in the Bylaws. Signature Date Printed Name Signature Date Printed Name Accepted by: Date Xxxxxxx X. Xxxxxxxxx, President and CEO Indian River Community Foundation Please return form to: xxxxxxxxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx or fax to 000.000.0000 SCHEDULE A: ADMINISTRATIVE FEES This administrative fee schedule applies to funds at the Indian River Community Foundation. Administrative fees are used exclusively to support our mission-based operations. These fees are your investment in a 501 (c)(3) public charity dedicated to building a better community through donor-driven philanthropy. The administrative fee structure illustrates the annual cost for a fund. These fees are assessed to the fund on a monthly basis. (The monthly fee equals one-twelfth of the annual fee, based on the average fair market value of fund assets for the month. If there are no assets in the fund for the entire month, there is no fee.) For newly established funds, the annu- al fee is prorated over the remainder of the year. Funds with assets in excess of $7 million will be charged a flat rate of 0.25% on the total assets. Fund Assets Annual Administrative Fee $7 million or less first $1 million 1.00% or $250 (whichever is greater) next $1 million 0.60% next $2 million 0.30% next $3 million 0.10% above $7 million 0.25% SAMPLE FEE CALCULATIONS Fund assets of $25,000 1.00% of $25,000 = $250 Total annual administrative fee= $250 ($21/month) Fund assets of $100,000 1.00% fee on $100,000 = $1,000 Total annual administrative fee= $1,000 ($83/month) Fund assets of $1,000,000 1.00% fee on $1,000,000 = $10,000 Total annual administrative fee= $10,000 ($833/month) Fund assets of $2,000,000 1.00% fee on first $1,000,000 = $10,000 0.60% fee on next $1,000,000 = $ 6,000 Total annual administrative fee= $16,000 ($1,333/month) Funds will be charged for direct expenses incurred by the Community Foundation on behalf of a specific fund, such as commissions for the sale of contributed stock or legal fees. The Community Foundation may request additional fees for extraordinary services such as special grant processing and review (which may apply pursuant to a contract with the Community Foundation or after the death of the founder(s) of the Fund if no advisors are serving) or other non-standard services. Indian River Community Foundation is a 501(c)(3) public charity. Contributions are tax-deductible as allowed by law (Tax ID #00-0000000). A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR THE INDIAN RIVER COMMUNITY FOUNDATION (CH18151) MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE, 0(000) XXXX-XXX. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. SCHEDULE B: CHARITABLE BENEFICIARIES When my/our privilege to advise the Fund terminates upon my/our death, resignation or incapacity to serve, I/we instruct Indian River Community Foundation to make the following distribution(s). This distribution shall be made prior to any other disposition of the Fund’s assets to be made in accordance with the Fund’s establishing document. Charitable Organization Name $ or % of 3B 1 Grant Purpose (if any) 2 Grant Purpose (if any) 3 Grant Purpose (if any) 4 Grant Purpose (if any) 5 Grant Purpose (if any)

Required Signatures. I/we hereby acknowledge receipt of the Administrative Fee Schedule attached and accept the terms of said schedule. I/ we further understand the fee schedule is subject to modification and may be increased or decreased at the sole discretion of the Community Foundation’s Board of Directors. I/we agree to be bound by the most current schedule of fees published by the Community Foundation. I/we have received copies and accept the terms of the Procedures For The Establishment And Operation Of Funds and relevant sections of the Bylaws. (Indian River Community Foundation’s Procedures and Bylaws are available at xxx.xxxxxxxxxxxxxxxxxxxxx.xxx.) I/we understand that the Community Foundation, through its duly authorized committees, reserves the right to make the final decision regarding distributions from the Fund. The Fund is protected from obsolescence. If, in the sole judgment of the Board of Directors of the Foundation, the purposes for which the Fund was created ever become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community served by the Foundation, the Foundation’s Board of Directors shall modify any restriction or condition on the use or distribution of the income and principal of the Fund. If the persons named above or after the date of this document are not available to advise and consult with the Community Foundation due to death, resignation or incapacity to serve, the Community Foundation shall use the principal and income from the Fund for its general and charitable purposes as set forth in the Bylaws. Signature Date Printed Name Signature Date Printed Name Accepted by: Date Xxxxxxx X. Xxxxxxxxx, President and CEO Indian River Community Foundation Please return form to: xxxxxxxxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx or fax to 000.000.0000 SCHEDULE A: ADMINISTRATIVE FEES This administrative fee schedule applies to funds at the Indian River Community Foundation. Administrative fees are used exclusively to support our mission-based operations. These fees are your investment in a 501 (c)(3) public charity dedicated to building a better community through donor-driven philanthropy. The administrative fee structure illustrates the annual cost for a fund. These fees are assessed to the fund on a monthly basis. (The monthly fee equals one-twelfth of the annual fee, based on the average fair market value of fund assets for the month. If there are no assets in the fund for the entire month, there is no fee.) For newly established funds, the annu- al fee is prorated over the remainder of the year. Funds with assets in excess of $7 million will be charged a flat rate of 0.25% on the total assets. Fund Assets Annual Administrative Fee $7 million or less first $1 million 1.00% or $250 1,000 (whichever is greater) next $1 million 0.60% next $2 million 0.30% next $3 million 0.10% above $7 million 0.25% SAMPLE FEE CALCULATIONS Fund assets of $25,000 1.00% of $25,000 = $250 Total annual administrative fee= $250 ($21/month) Fund assets of $100,000 1.00% fee on $100,000 = $1,000 Total annual administrative fee= $1,000 ($83/month) Fund assets of $1,000,000 1.00% fee on $1,000,000 = $10,000 Total annual administrative fee= $10,000 ($833/month) Fund assets of $2,000,000 1.00% fee on first $1,000,000 = $10,000 0.60% fee on next $1,000,000 = $ 6,000 Total annual administrative fee= $16,000 ($1,333/month) Funds will be charged for direct expenses incurred by the Community Foundation on behalf of a specific fund, such as commissions for the sale of contributed stock or legal fees. The Community Foundation may request additional fees for extraordinary services such as special grant processing and review (which may apply pursuant to a contract with the Community Foundation or after the death of the founder(s) of the Fund if no advisors are serving) or other non-standard services. Indian River Community Foundation is a 501(c)(3) public charity. Contributions are tax-deductible as allowed by law (Tax ID #00-0000000). A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR THE INDIAN RIVER COMMUNITY FOUNDATION (CH18151) MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE, 0(000) XXXX-XXX. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. SCHEDULE B: CHARITABLE BENEFICIARIES When my/our privilege to advise the Fund terminates upon my/our death, resignation or incapacity to serve, I/we instruct Indian River Community Foundation to make the following distribution(s). This distribution shall be made prior to any other disposition of the Fund’s assets to be made in accordance with the Fund’s establishing document. Charitable Organization Name $ or % of 3B 1 Grant Purpose (if any) 2 Grant Purpose (if any) 3 Grant Purpose (if any) 4 Grant Purpose (if any) 5 Grant Purpose (if any)

Required Signatures. I/we hereby acknowledge receipt of the Administrative Fee Schedule attached and accept the terms of said schedule. I/ we further understand the fee schedule is subject to modification and may be increased or decreased at the sole discretion of the Community Foundation’s Board of Directors. I/we agree to be bound by the most current schedule of fees published by the Community Foundation. I/we have received copies and accept the terms of the Procedures For The Establishment And Operation Of Funds and relevant sections of the Bylaws. (Indian River Community Foundation’s Procedures and Bylaws are available at xxx.xxxxxxxxxxxxxxxxxxxxx.xxx.) I/we understand that the Community Foundation, through its duly authorized committees, reserves the right to make the final decision regarding distributions from the Fund. The Fund is protected from obsolescence. If, in the sole judgment of the Board of Directors of the Foundation, the purposes for which the Fund was created ever become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community served by the Foundation, the Foundation’s Board of Directors shall modify any restriction or condition on the use or distribution of the income and principal of the Fund. If the persons named above or after the date of this document are not available to advise and consult with the Community Foundation due to death, resignation or incapacity to serve, the Community Foundation shall use the principal and income from the Fund for its general and charitable purposes as set forth in the Bylaws. Signature Date Printed Name Signature Date Printed Name Accepted by: Date Xxxxxxx X. Xxxxxxxxx, President and CEO Indian River Community Foundation Please return form to: xxxxxxxxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx or fax to 000.000.0000 SCHEDULE A: ADMINISTRATIVE FEES This administrative fee schedule applies to all funds at the Indian River Community FoundationFoundation (excluding nonprofit agency endowments). Administrative fees are used exclusively to support our mission-based operations. These fees are your investment in a 501 (c)(3501(c)(3) public charity dedicated to building a better community through donor-driven philanthropy. The administrative fee structure illustrates the annual cost for a fund. These fees are assessed to the fund on a monthly basis. (The monthly fee equals one-twelfth of the annual fee, based on the average fair market value of fund assets for the month. If there are no assets in the fund for the entire month, there is no fee.) For newly established funds, the annu- al fee is prorated over the remainder of the year. Funds with assets in excess of $7 million will be charged a flat rate of 0.25% on the total assets. Fund Assets Annual Administrative Fee $7 million or less first $1 million 1.00% or $250 (whichever is greater) next $1 million 0.60% next $2 million 0.30% next $3 million 0.10% above $7 million 0.25% SAMPLE FEE CALCULATIONS Fund assets of $25,000 1.00% of $25,000 = $250 Total annual administrative fee= $250 ($21/month) Fund assets of $100,000 1.00% fee on $100,000 = $1,000 Total annual administrative fee= $1,000 ($83/month) Fund assets of $1,000,000 1.00% fee on $1,000,000 = $10,000 Total annual administrative fee= $10,000 ($833/month) Fund assets of $2,000,000 1.00% fee on first $1,000,000 = $10,000 0.60% fee on next $1,000,000 = $ 6,000 Total annual administrative fee= $16,000 ($1,333/month) Funds will be charged for direct expenses incurred by the Community Foundation on behalf of a specific fund, such as commissions for the sale of contributed stock or legal fees. The Community Foundation may request additional fees for extraordinary services such as special grant processing and review (which may apply pursuant to a contract with the Community Foundation or after the death of the founder(s) of the Fund if no advisors are serving) or other non-standard services. Indian River Community Foundation is a 501(c)(3) public charity. Contributions are tax-deductible as allowed by law (Tax ID #00-0000000). A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR THE INDIAN RIVER COMMUNITY FOUNDATION (CH18151) MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE, 0(000) XXXX-XXX. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. SCHEDULE B: CHARITABLE BENEFICIARIES When my/our privilege to advise the Fund terminates upon my/our death, resignation or incapacity to serve, I/we instruct Indian River Community Foundation to make the following distribution(s). This distribution shall be made prior to any other disposition of the Fund’s assets to be made in accordance with the Fund’s establishing document. Charitable Organization Name $ or % of 3B 1 Grant Purpose (if any) 2 Grant Purpose (if any) 3 Grant Purpose (if any) 4 Grant Purpose (if any) 5 Grant Purpose (if any)

Required Signatures. I/we hereby acknowledge receipt of the Administrative Fee Schedule attached and accept the terms of said schedule. I/ we further understand the fee schedule is subject to modification and may be increased or decreased at the sole discretion of the Community Foundation’s Board of Directors. I/we agree to be bound by the most current schedule of fees published by the Community Foundation. I/we have received copies and accept the terms of the Procedures For The Establishment And Operation Of Funds and relevant sections of the Bylaws. (Indian River Community Foundation’s Procedures and Bylaws are available at xxx.xxxxxxxxxxxxxxxxxxxxx.xxx.) I/we understand that the Community Foundation, through its duly authorized committees, reserves the right to make the final decision regarding distributions from the Fund. The Fund is protected from obsolescence. If, in the sole judgment of the Board of Directors of the Foundation, the purposes for which the Fund was created ever become unnecessary, incapable of fulfillment, or inconsistent with the charitable needs of the community served by the Foundation, the Foundation’s Board of Directors shall modify any restriction or condition on the use or distribution of the income and principal of the Fund. If the persons named above or after the date of this document are not available to advise and consult with the Community Foundation due to death, resignation or incapacity to serve, the Community Foundation shall use the principal and income from the Fund for its general and charitable purposes as set forth in the Bylaws. Signature Date Printed Name Signature Date Printed Name Accepted by: Date Xxxxxxx X. Xxxxxxxxx, President and CEO Indian River Community Foundation Please return form to: xxxxxxxxxxxxx@xxxxxxxxxxxxxxxxxxxxx.xxx or fax to 000.000.0000 SCHEDULE A: ADMINISTRATIVE FEES This administrative fee schedule applies to funds at the Indian River Community Foundation. Administrative fees are used exclusively to support our mission-based operations. These fees are your investment in a 501 (c)(3) public charity dedicated to building a better community through donor-driven philanthropy. The administrative fee structure illustrates the annual cost for a fund. These fees are assessed to the fund on a monthly basis. (The monthly fee equals one-twelfth of the annual fee, based on the average fair market value of fund assets for the month. If there are no assets in the fund for the entire month, there is no fee.) For newly established funds, the annu- al fee is prorated over the remainder of the year. Funds with assets in excess of $7 million will be charged a flat rate of 0.25% on the total assets. Fund Assets Annual Administrative Fee $7 million or less first $1 million 1.00% or $250 (whichever is greater) next $1 million 0.60% next $2 million 0.30% next $3 million 0.10% above $7 million 0.25% SAMPLE FEE CALCULATIONS Fund assets of $25,000 1.00% of $25,000 = $250 Total annual administrative fee= $250 ($21/month) Fund assets of $100,000 1.00% fee on $100,000 = $1,000 Total annual administrative fee= $1,000 ($83/month) Fund assets of $1,000,000 1.00% fee on $1,000,000 = $10,000 Total annual administrative fee= $10,000 ($833/month) Fund assets of $2,000,000 1.00% fee on first $1,000,000 = $10,000 0.60% fee on next $1,000,000 = $ 6,000 Total annual administrative fee= $16,000 ($1,333/month) Funds will be charged for direct expenses incurred by the Community Foundation on behalf of a specific fund, such as commissions for the sale of contributed stock or legal fees. The Community Foundation may request additional fees for extraordinary services such as special grant processing and review (which may apply pursuant to a contract with the Community Foundation or after the death of the founder(s) of the Fund if no advisors are serving) or other non-standard services. Indian River Community Foundation is a 501(c)(3) public charity. Contributions are tax-deductible as allowed by law (Tax ID #00-0000000). A COPY OF THE OFFICIAL REGISTRATION AND FINANCIAL INFORMATION FOR THE INDIAN RIVER COMMUNITY FOUNDATION (CH18151) MAY BE OBTAINED FROM THE DIVISION OF CONSUMER SERVICES BY CALLING TOLL-FREE WITHIN THE STATE, 0(000) XXXX-XXX. REGISTRATION DOES NOT IMPLY ENDORSEMENT, APPROVAL OR RECOMMENDATION BY THE STATE. SCHEDULE B: CHARITABLE BENEFICIARIES When my/our privilege to advise the Fund terminates upon my/our death, resignation or incapacity to serve, I/we instruct Indian River Community Foundation to make the following distribution(s). This distribution shall be made prior to any other disposition of the Fund’s assets to be made in accordance with the Fund’s establishing document. Charitable Organization Name $ or % of 3B 1 Grant Purpose (if any) 2 Grant Purpose (if any) 3 Grant Purpose (if any) 4 Grant Purpose (if any) 5 Grant Purpose (if any)