THE LAWSON ACADEMY REAL ESTATE CO

THE LAWSON ACADEMY REAL ESTATE CO. (THE "CORPORATION") IS ORGANIZED EXCLUSIVELY FOR SUCH CHARITABLE, EDUCATIONAL AND LITERARY PURPOSES AS WILL QUALIFY IT AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED ("THE CODE") OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW. SPECIFICALLY, THE CORPORATION (I) WILL OPERATE AS A SUPPORTING ORGANIZATION, WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE, TO WILLIAM A. LAWSON INSTITUTE FOR PEACE AND PROSPERITY ("WALIPP), AND (II) IS ORGANIZED AND WILL BE OPERATED AT ALL TIMES EXCLUSIVELY FOR THE BENEFIT OF WALIPP. SUCH PURPOSES SHALL INCLUDE, BUT NOT BE LIMITED TO, THE ACQUISITION AND LEASING OF REAL OR PERSONAL PROPERTY, OR BOTH, AND SUBJECT TO THE RESTRICTIONS AND LIMITATIONS HEREINAFTER SET FORTH, THE LEASING OF SUCH PROPERTY TO WALIPP FOR USE IN FUTHERANCE OF THE CHARITABLE PURPOSES OF WALIPP.