4. Validity of Miles

4.1. Miles will always expire in the month of Member’s enrollment into the Smiles Program as of January 1st 2006.

4.2. Miles on a member’s account will be valid for 3 (three) full years as of the accrual month and will expire in the month corresponding to the enrollment into the Smiles Program.

4.3. Miles which expire on the last day of the month corresponding to Member’s enrollment will be automatically cancelled from the Smiles account.