>From nomic-official-owner@teleport.com Wed Aug 16 03:38:16 1995 Received: from desiree.teleport.com (desiree.teleport.com [192.108.254.11]) by Shamino.quincy.edu (8.6.12/8.6.9) with ESMTP id DAA06346 for ; Wed, 16 Aug 1995 03:38:10 -0500 Received: (from daemon@localhost) by desiree.teleport.com (8.6.10/8.6.9) id BAA28199 for nomic-official-outgoing; Wed, 16 Aug 1995 01:34:20 -0700 Received: from wing2.wing.rug.nl (wing2.wing.rug.nl [129.125.21.2]) by desiree.teleport.com (8.6.10/8.6.9) with SMTP id BAA28093 for ; Wed, 16 Aug 1995 01:33:26 -0700 >From: csg419@wing.rug.nl Message-Id: <199508160833.BAA28093@desiree.teleport.com> Received: by wing2.wing.rug.nl (1.37.109.8/16.2) id AA13797; Wed, 16 Aug 1995 10:32:45 +0200 Subject: OFF: CFJ 796: Final Judgement To: nomic-official@teleport.com Date: Wed, 16 Aug 95 10:32:45 METDST Mailer: Elm [revision: 70.85] Sender: owner-nomic-official@teleport.com Precedence: bulk Reply-To: nomic-discussion@teleport.com Status: RO ============================================================ CFJ 796 Caller: elJefe Statement: The rules should be interpreted such that Player Ronald currently has more than 900 Points, and Steve's Piggy Bank has more than 700 Points. Barred: Chuck, Kelly Requested Injunction: none Judge: Zefram Judgement: FALSE Injunction: none pro-Speaker: SugarWater Judgement: UNKNOWN pro-COTC: Swann Judgement: TRUE pro-Justiciar: Vlad Judgement: FALSE Final Judgement: UNKNOWN Effects reported by COTC (* indicates new to this report): Zefram receives 3 points for Judgement * SugarWater receives 3 points for Judgement * Swann receives 3 points for Judgement * Vlad receives 3 points for Judgement * Zefram loses 3 points for being overturned ============================================================ ============================================================ History: Called by elJefe Wed, 26 Jul 1995 17:24:31 -0400 Assigned to Zefram Wed, 26 Jul 95 23:00:03 CDT Judged FALSE by Zefram Tue, 1 Aug 1995 23:06:42 +0100 (BST) Judgement published Tue, 1 Aug 95 19:58:08 CDT Appealed by Steve Wed, 2 Aug 1995 12:19:00 +1000 (EST) Appealed by TAL Wed, 02 Aug 95 09:51:11 SET Appealed by elJefe Wed, 2 Aug 1995 09:02:45 -0400 Appealed by KoJen Wed, 2 Aug 95 09:26:24 -0400 Assigned to Kelly as Speaker, Chuck as COTC, and Steve as Justiciar Wed, 2 Aug 95 12:28:32 CDT Assigned to Swann as pro-COTC Wed, 2 Aug 1995 14:54:50 -0500 Assigned to SugarWater as pro-Speaker Thu, 3 Aug 1995 20:28:57 -0500 Assigned to Vlad as pro-Justiciar Wed, 9 Aug 1995 11:12:12 +1000 (EST) Judged UNKNOWN by SugarWater Tue, 8 Aug 1995 15:46:04 -0700 (PDT) Judged TRUE by Swann, date unknown Judged FALSE by Vlad Tue, 15 Aug 1995 13:37 -0500 (CDT) ============================================================ Arguments of Caller (elJefe): Just before dissolution of the Reform Group, Steve had 17 Points and Ronald (Troublemaker at Large) had 14 Points. Upon dissolution, the Reform Group had 2874 Points (Scorekeepor's Report, July 25). Under the Reform Ordinances and Rule 762, the treasury is divided equally between the departing members, namely elJefe, TAL, and Steve (Registrar's Report, July 25). This would indicate that 958 Points be transferred to each of Steve and Ronald. The main question of the CFJ is whether the dissolution transfer was effective in this amount. Player Ronald is On Hold and has made no transfers since the dissolution. Player Steve has made only one substantial transfer, of 764 Points to the Steve's Piggy Bank contest, and no transfers have been made from that Contest. The dissolution transfer is legal and should take place. Although Rule 1476 appears to prevent a portion of the transfer, saying that it "does not take place", rule 762 has precedence over Rule 1476 by virtue of having a lower Number (Rule 1030). Some have argued in the Discussion Forum that the phrase "is cancelled and does not take place" in Rule 1476 is really saying two separate things, and that "is cancelled" and "does not take place" are separate prescriptions of the Rule; the "is cancelled" part therefore mandating an immediate transfer back to the Reform Group of an amount equal to that disallowed. This is illogical for at least 3 reasons: 1. Most importantly, it makes the Rule inconsistent within itself. This interpretation would have us read the phrase as saying "the transfer takes place and a reverse transfer takes place immediately, and the transfer does not take place", which is a flat contradiction. The only meaningful reading is that "and does not take place" is a clarifying phrase for the word "cancelled". 2. Such a "reverse transfer" cannot take place because no Rule requires a player to report this kind of involuntary transfer. Therefore by Rule 1472, which has precedence over 1476, the reverse transfer would be "cancelled and does not take place". 3. Such an immediate reverse transfer runs up against the mandate "This transfer is not taxable" of Rule 762, which takes precedence. Rule 217 requires the judge to consider past judgement if the interpretation is unclear. In case this situation arises, I wish to remind the court of the Judgement in CFJ 788, which considered the "cancelled and does not take place" clause in Rule 1472. Judge Swann held that the lack of a precedence clause in Rule 1472 makes it ineffective with respect to transfers under any lower-numbered Rule. The same should hold for Rule 1476. ============================================================ Arguments of Judge (Zefram): Rule 1397/0 (Dissolution of Groups) is quite important to this matter. It states that when a Group is dissolved, the following things happen, in this order: (a) all members of the Group cease to be members; (b) all Currencies remaining in the Group's Treasury are transferred to their repective issuing entities; (c) all Coins issued by the Group are destroyed. This makes it clear that it is possible for Currencies to remain in the Group's Treasury, momentarily, after it has ceased to exist and has no members. Rule 762/0 states exactly how the Treasury of a dissolved Group is to be divided between its members, and clearly indicates that the Ordinances of the Group have no say in the matter. Clearly the transfers it requires are Involuntary. This rule claims precedence over "all other Rules which determine which Point and Currency transfers are legal and/or taxable". No other rule actually states how a Currency transfer may be "taxed", and at present there is no rule that would make such transfers illegal. Therefore this precedence clause, in the current Ruleset, is superfluous. Rule 1476/0 limits the extent of Point transfers, both Voluntary and Involuntary, from Treasuries other than the Bank. It does not make any Point transfers illegal, but can limit them in size (in some cases to zero size). This does not conflict with any other rule, because there is no rule that requires a particular transfer to have full effect. I judge that rules 762/0 and 1476/0 are not in conflict. Rule 762/0 requires that certain transfers take place, and rule 1476/0 regulates the size of those transfers. That is not the end of the matter, however. It is my opinion that in this case no Point Transfers of non-zero size were required by rule 762/0. Note that Rule 762/0 states "... If the Y Ordinances are silent on this issue, or if Group Y has ceased to exist, ...", and rule 1397/0 states "... Upon the dissolution of a Group, ...", clearly indicating that a Group being dissolved ceases to exist *before* its currencies are divided among the members. Rule 1469/0 (Creation and Destruction of Treasuries) states "Whenever an Entity which possesses a Treasury ceases to exist ..., all currencies within are immediately transferred to the Treasuries of the Mintors of the respective Currencies". Thus at the moment the Reform group ceased to exist, *all* Points in its Treasury were transferred to the Bank. By the time rule 762/0 came into play, the only contents of the Reform Group Treasury were any Reform Coins that had been in it prior to the dissolution, which rule 1469/0 required to be transferred right back into the Reform Group Treasury. Any such Coins were divided between the three members as they became ex-members, in accordance with rule 762/0, and then destroyed in accordance with rule 1397/0. ============================================================ Argument of pro-Speaker (SugarWater) Judgement: UNKNOWN I cannot determine the Truth or Falsity of the Caller's statement without knowing whether Reform Group has truly dissolved. Although the consensus is that such has happened, until CFJ 795 has been properly dealt with, I am unable to make a Judgement. ============================================================ Argument of pro-COTC (Swann) [Because the question is being decided elsewhere, I am, for the purpose of Judging this Statement, ignoring entirely the question of whether or not the dissolution of Reform was legal or not. As the Caller stated, "The main question of the CFJ is whether the dissolution transfer was effective in this amount." This is what I'll address.] First I'll address Judge Zefram's arguments against the Statement. Zefram's entire argument falls upon an erroneous premise: "That is not the end of the matter, however. It is my opinion that in this case no Point Transfers of non-zero size were required by rule 762/0. Note that Rule 762/0 states "... If the Y Ordinances are silent on this issue, or if Group Y has ceased to exist, ...", and rule 1397/0 states "... Upon the dissolution of a Group, ...", clearly indicating that a Group being dissolved ceases to exist *before* its currencies are divided among the members." The error is in applying 762/0 after or during the dissolving of groups. 762/0, in fact, applies specifically to the general case of when "Player X ceases to be a Member of Group Y." This, in fact, makes the case exactly opposite of Zefram's argument. 762/0 applies when a member *leaves* a group-- *before* the group itself dissolves. This happens by virtue of its wording, and by its numerical precedence. (One might add that part of Judge Zefram's argument supports this view. Rule 1397/0 orders that members leave the Group before it dissolves [only makes sense :)] In the sequence the Judge quotes: (a) all members of the Group cease to be members; (b) all Currencies remaining in the Group's Treasury are transferred to their repective issuing entities; (c) all Coins issued by the Group are destroyed. Part (a) invokes 762/0 before the rule reaches part (b), even if 1397/0 appears to say otherwise (762/0 has precedence on the matter)) That leaves the alleged conflict between 762/0 and 1476/0. . . Here are the relevant passages: From Reform Ordinance 19: ". . . The Group shall be dissolved when such a proposal receives the consent of the members. In this case each member of the Group receives an equal share of the Treasury upon ceasing to be a Member of the dissolving Group." From Rule 762/0: ". . . If, for any reason, Player X ceases to be a Member of Group Y, then Player X shall recieve a share of the contents of the Y Treasury as specified in the Y Ordinances. . . . . . This Rule takes precedence over all other Rules which determine which Point and Currency transfers are legal and/or taxable." From Rule 1476/0: ". . .Any transfer of Points, voluntary or involuntary, from any Treasury other than the Bank to the Treasury of any Player shall be limited to the largest amount such that the Treasury of the Player receiving the transfer will not contain more than 90% of the Points which that Player would need in order to win. Any portion of a transfer which would violate this requirement is cancelled and does not take place." It is obvious to me that 1476/0 loses in any precedence conflict. The question is, is there a conflict? There've been arguments to the contrary, saying that 1476 serves a limiting function defining an amount of the transfer. The argument is that a conflict can't exist unless the transfer is cancelled in whole, not in part. In answer to that argument I propose the hypothetical situation: Group Y has members X and Z. X has 0 points, Z has 90% of the Points needed to win. Group Y dissolves, and tries to disperse 500 Points each to X and Z by virtue of 762/0. If a limited transfer is not a conflict, X can only receive 90% of what e needs to win. But Z's transfer is canceled *entirely*. By the same argument, (ie that a transfer is only a conflict if the whole transfer is canceled) Z would get the entire 500 points because of 762's precedence. Also note that the division of the treasury isn't mandated to be a single transfer. The Vizier could have, legally, dispersed the treasury in hundreds of single-point transfers, or even fractional point transfers. Every transfer above 90% would be in conflict via both interpretations, and 762/0 again would win the precedence battle. (In the partial-transfers-don't-conflict universe, X could get the rest of his points as long as the Vizier made a second transfer.) I Rule that, because of the possibility of at least one legal implementation of 762/0 (multiple transfers) leads to a conflict eventually, that a conflict indeed exists. In a conflict, the precedence clause on 762/0-- and the lack of one on 1476/0-- causes 762/0 to win hands down and the full transfers to be made. Therefore I must overturn the prior Judgement, and Judge this TRUE. [As I said, I have ignored possible alternate states of Reform in this Judgement-- ie, whether Reform legally dissolved. But I think that the Rule interpretations are too clear to mandate an UNKNOWN, even in the absence of a final appeal on CFJ 765. I defend myself by saying that, in the currently understood Game State the Rules should be interpreted in this manner.] ====================================================================== Judgement & Reasoning pro-Justiciar Judgement: FALSE Reasons: First of all, the judgement of this is not dependent on the judgment of CFJ 795. This CFJ has a very broad Statement "The Rules should be interpreted so that...." Indeed, I question whether one can CFJ on an interpretation of *all* Rules. Regardless, it seems clear that I must take into consideration the Rules pertaining to the legality of the dissolution of the Reform Group, since the totals listed are a direct consequence of Reform's dissolution. However, since I do believe Reform dissolved legally, I will dispense with lengthy argumentation and go on to the important points. Let us look at Reform Ordinance 19: 19. At any time, any Member may Propose dissolution of the Group. The Group shall be dissolved when such a proposal receives the consent of the members. In this case each member of the Group receives an equal share of the Treasury upon ceasing to be a Member of the dissolving Group. A member who leaves the Group for any other reason shall not receive any share of the Points or Currencies in the Group's Treasury. Rule 762 gives this Ordinance authority. The question is: does it conflict with Rule 1476? Upon reading it, I claim the answer can be simply shown to be "No". The Ordinance claims "each member of the Group receives an equal share of the Treasury...." NOT "The Treasury shall be divided equally among all members". All Ord 19 requires, is for the shares to be equal. There is no conflict with Rule 1476, since that Rule can be put into effect while maintaining the equality of the shares. Each Player receives X, where X is the largest amount that doesn't violate 1476 for any Player. Three differing opinions will, I assume, uphold the original Judgement, which is the correct one, but I hope the Scorekeepor will act in accordance with the conclusions reached by this Justice. I also apologize for this semantic nitpicking, but my hands are tied. I wish to assure the plaintiffs that there was no personal animosity towards their actions or claims Pro-Justiciar Vlad ====================================================================== Evidence provided by Caller (elJefe): Registrar's Report of July 25, 1995 (incorporated by reference) Scorekeepor's Report of July 25, 1995 (incorporated by reference) --------------------------------------------------------------- >From nomic-business-owner@teleport.com Tue Jul 25 22:20:41 1995 >From: Steve Gardner Subject: BUS: additional, conditional point transfers To: nomic-business@teleport.com (Nomic Mailing List) Date: Wed, 26 Jul 1995 12:03:16 +1000 (EST) Content-Type: text/plain; charset=US-ASCII Content-Transfer-Encoding: 7bit Content-Length: 1038 It seems that there are two possibilities concerning the dissolution of the Reform Group and subsequent transfers. Since I want to do different things depending on which of the interpretations is eventually upheld, and since it's too difficult to see at the moment how things are going to turn out, I wish to make the following conditional point transfer: Scorekeepor Kelly, If my personal Treasury currently contains more than 500 points, then I hereby transfer 764 points to the Steve's Piggy Bank Contest Fund. Of course, kelly will, at least for the moment, interpret the antecedent of this conditional as being false, and so record no transfer. However, I trust that should judicial procedures verify the truth of the antecedent, the transfer will be recorded - and recorded as having been made at this time. Steve Gardner | "Justice? You get justice in the next Dept. of Philosophy, Monash Uni. | world, in this world you get the law." gardner@aurora.cc.monash.edu.au | -- William Gaddis -- --------------------------------------------------------------- ---------------------------------------- Rule 762/0 (Mutable, MI=1) Get a Share of the Treasury Upon Leaving If, for any reason, Player X ceases to be a Member of Group Y, then Player X shall recieve a share of the contents of the Y Treasury as specified in the Y Ordinances. If the Y Ordinances are silent on this issue, or if Group Y has ceased to exist, then 1/N times the contents of the Y Treasury, rounded downwards, shall be transferred to Player X, where N is the number of Members of Group Y immediately before Player X ceased to be a Member of Group Y. This transfer is not taxable, and may incude a negative number of Points. This Rule takes precedence over all other Rules which determine which Point and Currency transfers are legal and/or taxable. ---------------------------------------- Rule 1030/2 (Mutable, MI=1) Precedence Between Rules with Equal MI's If two or more Rules with the same Mutability Indices conflict with one another, then the Rule with the lower Number takes precedence. If at least one of the Rules in conflict explicitly says of itself that it defers to another Rule (or type of Rule) or takes precedence over another Rule (or type of Rule), then such provisions shall supercede the numerical method for determining precedence. If two or more Rules claim to take precedence over one another or defer to one another, then the numerical method again governs. History: .. Amended(1) by Proposal 1527, Mar. 24 1995 Amended(2) by Proposal 1603, Jun. 19 1995 ---------------------------------------- Rule 1472/0 (Mutable, MI=1) Transfer of Currencies The owner of a given Treasury may, at any time, transfer any or all of the units of Currency within that Treasury to any other Treasury, so long as this transfer is permitted by the Rules. Such a transfer is known as a "voluntary" transfer. Voluntary transfers are restricted to positive quantities, and in no case may more of a given Currency be transferred from a Treasury than that Treasury possessed prior to the transfer. The Recordkeepor of a Currency must be notified as soon as possible by the owner of the Treasury from which a voluntary transfer is made. If a voluntary transfer is not reported to the Recordkeepor within seven days, it is cancelled and does not take place. Transfers which are not voluntary transfers ("involuntary" transfers) may only be made as specifically required by the Rules. Such transfers must be reported to the Recordkeepors of the Currencies involved as soon as possible thereafter, by a Player specified by the Rules. Involuntary transfers may be of any amount (limited only by MUQ rounding), and may involve amounts greater than the amount in the Treasury from which the transfer originates. If an involuntary transfer is not reported to the Recordkeepor within seven days, or there is no Rule which requires a Player to report the involuntary transfer, the transfer is cancelled and does not take place. All transfers take effect no sooner than the time the Recordkeepor of the Currency is informed of the transfer. History: Created by Proposal 1601, Jun. 19 1995 ---------------------------------------- Rule 1476/0 (Mutable, MI=1) Point Transfers Not from the Bank Any transfer of Points, voluntary or involuntary, from any Treasury other than the Bank to the Treasury of any Player shall be limited to the largest amount such that the Treasury of the Player receiving the transfer will not contain more than 90% of the Points which that Player would need in order to win. Any portion of a transfer which would violate this requirement is cancelled and does not take place. Transfers of Points from the Bank are never restricted in this manner. History: Created by Proposal 1601, Jun. 19 1995 ---------------------------------------- ====================================================================== ------------------------------------------------------------------ Additional Evidence, added by pro-CotC: ------------------------------------------------------------------ Date: Mon, 24 Jul 95 20:40:50 EDT >From: jlc@triple-i.com (Jeff Caruso) Message-Id: <9507250040.AA29024@Camex.COM> To: nomic-business@teleport.com Subject: BUS: Revised Ordinances of Reform Group Sender: owner-nomic-business@teleport.com Precedence: bulk Reply-To: nomic-discussion@teleport.com All players please note: I, elJefe, Vizier of the Reform Group, certify that the Ordinances of the Reform Group have been changed, in accordance with the Ordinances. The Ordinances now read: Reform Group Ordinances 0. The Purpose of this Group is to facilitate progressive change and dynamic growth within the Game of Agora Nomic, while also striving to insure the continuity and playability of the same. 1. In all matters which require the Consent of the Membership, the Vizier shall announce the Matter in the Group's Public Forum, and all Members shall indicate their opinion to the Vizier as soon as reasonably possible. Consent of the Membership is defined as at least two-thirds of the Active Members in favor of the matter at hand. The matter shall not be resolved until either seven days have passed from the Vizier's announcement, or matters are such that no possible response from those Active Members who have not yet responded could result in a change in the consensus opinion. However, if, after seven days, less than two-thirds of the Membership has responded at all, the consensus shall be that the Membership is silently opposed. 2. The Ordinances shall have the power to bind the Active Members of the Group to cast their individual Votes on Proposals in a manner determined by the Ordinances. In the event that the Ordinances do bind the Membership to Vote upon a Proposal in a specified way, no Member may cast a Vote on that Proposal which is not in concord with this binding; however, a Member may always choose to not Vote upon a given Proposal. 3. On each Proposal distributed by the Speaker, the Vizier shall seek to determine the consensus opinion of the Group of how the Membership of the Group shall vote. Each Member may express exactly one of the options specified below, or may indicate that e has no opinion; if any of these options is favored by at least two-thirds of those Members expressing an opinion, the Membership shall be bound by the terms of that option, provided that at least two-thirds of the Membership has responded at all prior to the end of the Voting Period for that Proposal. If no consensus of opinion is reached by the time that 24 hours remain of the Voting Period of a Proposal, then the Membership shall be free to Vote as they are individually inclined on that Proposal. The options are: * to vote FOR the Proposal; * to Vote AGAINST the Proposal; * to ABSTAIN on the Proposal; * to allow the Members to vote however they please on that Proposal (UNBOUND); * to direct the Vizier to solicit bids from the Electorate at large for the privilege of designating the manner in which the Group Members shall be bound to Vote (SOLD). When the consensus opinion of the Group on a specific Proposal is to offer the Group's Votes up for sale, the Vizier shall post an announcement to all Active Players advising them that the Membership of the Group offers its votes on that Proposal to the Player who bids the largest number of the Coin of the Group for that privilege. Members of the Reform Group may not enter bids in the sale of the Group's votes, nor may any Player who has been a Member of the Reform Group during the 10 days previous to the time the auction is announced. Bids shall be in the form of transfers of a positive number of Reform Group Coins to the Reform Group Treasury. A Player makes a bid by sending a message to the Vizier of the Group indicating which Proposal e is bidding on, how much e is bidding, and the manner in which e wishes to direct the Group to vote if eir bid is successful. At any time, a Player's bid on a particular Proposal for which the Group's votes are up for sale shall be the total number of Coins which that Player has transferred to the Reform Group Treasury in bids on that Proposal. The Vizier shall accept bids until 72 hours prior to the end of the Voting Period on the Proposal. The Vizier shall then notify the highest bidder, if there is one, that e has won the auction. All unsuccessful bids are then returned to their respective bidders. If there is a successful bid, then the Membership of the Group shall be bound to vote as the successful bidder has indicated. Otherwise the Membership shall be free to vote as they please. One half of the Coins transferred in a successful bid, rounded up, shall be distributed as evenly as possible among the active members of the Group; the remainder, along with any fraction unable to be evenly distributed, shall be destroyed. 4. The Vizier may expend Points or Currencies held in the Group's Treasury for any purpose, but only as specified in the Ordinances or with the Consent of the Membership. 5. New Members may be admitted to the Group with the consent of the Membership. The Name of a New Member shall be added to the bottom of the List of Members. 6. An existing Member may be expelled from the Group with the consent of the Membership. For the purpose of determining the Consent of the Membership in a matter of expulsion, the Member being considered for expulsion shall have no voice. 7. Whenever a Member leaves the Group for any reason, eir name shall be removed from the List of Members. 8. A Member may, at any time, request that eir name be moved to the bottom of the List of Members. 9. The Vizier may, at any time, nominate another Member as eir nominated successor, who shall become Vizier in the event of a vacancy, and may retract any such nomination at any time. All such nominations and retractions shall be made to the Group's Public Forum. 10. The Vizier may resign as Vizier at any time, with or without leaving the Group. Should the Vizier resign without nominating a successor, e shall be expelled from the Group. 11. In the event that the Group might otherwise have no Vizier, the Vizier's nominated successor shall become Vizier. If there is no nominated successor, or the nominated successor is ineligible, the first Member on the List of Members shall become Vizier. If there is no such Member, the Group shall be dissolved. 12. The Vizier shall, in addition to eir other duties, maintain a record of the nominated successors to all Group Offices, and maintain the List of Members in the order required by these Ordinances, and make this information ailable to any Member upon request. 13. The Vizier shall, at all times, be the Ordinancekeepor. 14. These Ordinances may be changed only with the consent of the Membership. No change in the Ordinances can have a retroactive effect, nor cause any action already performed by a member of the Group to become void or illegal under the Ordinances or the Rules. 15. The Vizier may create or destroy Coins of the Group at any time for any purpose, but only as specified in the Ordinances or with the Consent of the Membership. 16. The Vizier shall permit Players to purchase Coins of the Group from the Group, in exchange for Points at the current Rate of Exchange. If a Service Fee applies to the transaction, the number of Coins received shall be reduced by the amount of the Service Fee. A Player who wishes to purchase Coins may do so by transferring a sufficient number of Points to the Group Treasury. When the Scorekeepor has confirmed the Point Transfer, the Vizier shall transfer the appropriate number of Coins to that Player, creating Coins if necessary. The current Service Fee is equal to 5% of the transaction, not to be less than 1 Coin, or to exceed 50 Coins. This fee does not apply to members of the Reform Group. 17. The Vizier shall permit Players to sell Coins of the Group back to the Group, in exchange for Points at the current Rate of Exchange. A Player who wishes to sell Coins back to the Group may do so by transferring the Coins e wishes to sell to the Group Treasury. The Vizier shall then transfer the appropriate number of Points from the Group Treasury to that Player. The transferred Coins shall then be destroyed. 18. The Rate of Exchange for Coins of the Group shall be the ratio between the number of Coins of the Group in existence (less those held in the Group's Treasury) and the number of Points held in the Group's Treasury. This ratio determines the number of Coins received in exchange for one Point, or the number of Coins needed to receive one Point. 19. At any time, any Member may Propose dissolution of the Group. The Group shall be dissolved when such a proposal receives the consent of the members. In this case each member of the Group receives an equal share of the Treasury upon ceasing to be a Member of the dissolving Group. A member who leaves the Group for any other reason shall not receive any share of the Points or Currencies in the Group's Treasury. Regards, - elJefe, Reform Group Vizier ****************************************************************** Dr. Jeffrey L. Caruso Information International ------------------------------------------------------------------------- ============================================================ End of CFJ 796 ============================================================