DECLARATION OF TRUST

GARRETT HORDER MEMORIAL TROPHY

Amended Jan 19, 1999

This DECLARATION OF TRUST is executed this day by the PACIFIC COAST YACHTING ASSOCIATION.

WITNESSETH: That it hereby declared as follows:

PACIFIC COAST YACHTING ASSOCIATION wishing to acknowledge the importance of imparting knowledge and appreciation of the sport of recreational boating to the youth of our area, hereby dedicates the GARRETT HORDER MEMORIAL TROPHY to the, quality and improvement of boating education by our member associations.

The GARRETT HORDER MEMORIAL TROPHY is to be awarded at the PACIFIC COAST YACHTING ASSOCIATION annual meeting to a member organization.

The form of the report, and its submission date, may be determined by the officers of the PACIFIC COAST YACHTING ASSOCIATION, as shall judging criteria. One judge from each of the member areas (Pacific Northwest, San Francisco, Los Angeles and San Diego) shall be appointed by the current PCYA Commodore, with a balance between the sail and power organizations. The current PCYA Commodore will act as the fifth judge, and the decision of the judges will be final.

The GARRETT HORDER MEMORIAL TROPHY may be awarded to any member organization. No subdivision of the member organization may receive the trophy more than once in any three year period.

This DECLARATION OF TRUST may be amended at any annual meeting of the PACIFIC COAST YACHTING ASSOCIATION by a majority vote of the directors present providing a quorum is present.