rtain conditions. The Board agreed to defer a vote until such time when a formal written proposal is provided by the University. 8. Financials Mr. Ringnalda summarized the Company's financials for FY 2013 (and compared them to financials from FY 2012 and projections for FY 2014 and FY 2015). Questions we

0293486 CONFIDENTIAL WHEREAS, the Board wishes to extend its gratitude for the valuable services and contributions provided to the Company by Mr. Ringnalda in his role as the Company's Secretary; RESOLVED, that the Board hereby accepts the resignation of Mr. Ringnalda as the Secretary of the Company a