EFTA01364184.pdf

original Trust Estate, except that it may be transferred subject to conditions and provisions of special application to such additional property. Article it After My Death The following provisions shall apply after my death: Section 2.1. - Disbursement of Trust Estate My Trustee shall distribute 100% of the income and principal of the Trust Estate in accordance with the following; A. My Trustee shall a 100% of the rinci al and income of the Trust Estate in equal parts to my daughters, and if they survive me (each a "Beneficiary"). 13. If either Beneficiary predeceases me, then the proceeds of said Beneficiary's share of the principal and income of the Trust Estate shall be divided and paid, per stirpes, to the deceased Beneficiary's then living descendants, or, if the Beneficiary has no then living descendants, said proceeds shall be paid to the surviving Beneficiary. C. If both Beneficiaries predecease me. my Trustee shall pay 100% of the principal and income of the Trust Estate to the Executor of my probate estate, whereupon said proceeds of said payment shall become part of my probate estate and be distributed in accordance with my Wilt duly admitted to probate and/or applicable law governing the distribution of the assets of a decedent's estate. Article 111 Trust Administration SeCti011 3.1. -Exercise of Discretionary Powers in connection with the exercise of a discretionary power to distribute income or principal to any person, there shall be no requirement to take into account such person's other income or capital resources, the interest of such person in any other trust or the duty of anyone to support such person, although these factors may be taken into account. Secti OD 3.2.- Diacrefionary_pbcringtiOns Any discretionary payment from the Trust Estate hereunder shall be charged against this Trust as a whole, and shall not be charged against the individual share of any person at any time. Section 3.3. - Allocation of Amiga A. For each distribution, partial distribution, allocation, or division of assets into shares involving a fraction, my Trustee shall apply such fraction to the fair market value of the relevant assets on the date of such distribution, allocation, or division, whichever first occurs. My Trustee shall appropriately adjust such fractions to reflect the effect of any partial CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0054708 CONFIDENTIAL SDNY_GM_00200892 EFTA01364184