ROLE OF THE BOARD:

The SPN Board of Managers has the responsibility to: (i) establish the values and philosophy of the Company; (ii) establish organizational priorities relating to the mission of the Company and monitor and evaluate results achieved; (iii) create, promote, protect and modify the vision of the Company; (iv) determine the strategic direction of the Company; (v) receive and approve the Company’s operating budget on an annual basis; (vi) execute all documents and take all such action as may be necessary to effectuate as Financing Event (vii) evaluate the long-term financial stability of the Company; (viii) evaluate the function and performance of the President/General Manager of the Company, and (ix) plan leadership to ensure quality, succession and continuity of the Board of Managers.