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in cash the sum of $50.00, to the immediate family of any employed pilot in the event of his death for any cause. Such payments may be increased by majority vote of the council as the fund grows.

7. TERMINATION PROVISION

This fund is established as a perpetual fund to run until such time as the Colonial pilots may decide to terminate it which can be done by majority vote. In event of termination all monies remaining in the fund as of date of termination shall be returned to each pilot in proportion to his contributions provided he is employed at the time of the termination.