Trusts prior to Termination Date. The shares in the Company or the proceeds of sale or other disposition of such shares shall be held by the Trustees upon trust to pay, apply or allocate the same, on or before the Termination Date for the benefit of the Consumers, or to the extent that the shares are sold in order to raise funds for the Company, for the benefit of the Company, in such manner and in such shares as the Trustees in their absolute and unfettered discretion consider fair and equitable.
Trusts prior to Termination Date. The shares in the Company or the proceeds of sale of such shares shall be held by the Trustees upon trust to pay, apply or allocate the same or, in the absolute and unfettered discretion of the Trustees, before the Termination Date for the direct benefit of the Customers in such manner and in such shares as the Trustees consider fair and equitable taking into account the contribution of Customers using more than 20,000 units of electricity per annum to the assets and profitability of the Company, and the quality of supply received by Customers using less than 20,000 units of electricity per annum. In applying such principles the Trustees shall give due regard to the formula appearing in Clause 5.2.
