📄 Extracted Text (534 words)
Trustee has discretion to pay such reimbursements from trust assets, without obtaining judicial
authorization or approval.
Section 4.3. • General investment powers
A. Except as otherwise provided in this Agreement, my Trustee has the
power with respect to this Trust:
1. To enter upon and take possession of the assets of such trust and collect
the income and profits from such assets, and to invest and reinvest such assets in real,
personal, or mixed assets (including the common trust funds of a corporate fiduciary) or in
undivided interests therein without being limited by any present or future investment laws;
2. To retain all or any part of the assets of such trust (without regard to the
proportion that any one asset or class of assets may bear to the whole) in the tom in which
such assets were received or acquired by my Trustees;
3. To sell or dispose of, exchange, transfer, invest, or loan all or any part of
the assets of such trust which my Trustee holds, at any time, for such sums or upon such terms
as to payment, security, or otherwise as my Trustee determines, either by public or private
transactions;
4. To buy and sell options, warrants, puts, calls or other rights to purchase or
sell (collectively called "option?) relating to any security or securities, regardless of whether
such security or securities are then held by my Trustee, and whether such options are
purchased or sold on a national securities exchange, and to exercise with respect to such
options all powers which an individual owner thereof could exercise, including, without
limitation, the right to allow the same to expire;
5. With respect to oil, natural gas, minerals, and all other natural resources
and rights to and interests therein (together with all equipment pertaining thereto) including,
without limiting the generality of the foregoing, oil and gas royalties, leases, or other oil and
gas interests of any character, whether owned in fee, as lessee, lessor, licensee, concessionaire
or otherwise, or alone or jointly with others as partner, joint tenant, or joint venturer in any
other noncorporate manner, (a) to make oil, gas and mineral leases or subleases; (b) to pay
delay rentals, lease bonuses, royalties, overriding royalties, taxes, assessments, and all other
charges; (e) to sell, lease, exchange, mortgage, pledge or otherwise hypothecate any or all of
such rights and interests; (d) to surrender or abandon, with or without consideration, any or all
of such rights and interests; (e) to make farm-out, pooling, and unitization agreements; (f) to
make reservations or impose conditions on the transfer of any such rights or interests; (g) to
employ the most advantageous business form in which properly to exploit such rights and
interests, whether as corporations, partnerships, limited partnerships, mining partnerships,
joint ventures, co- tenancies, or otherwise exploit any and all such rights and interests; (h) to
produce, process, sell or exchange all products recovered through the exploitation of such
rights and interests, and to enter into contracts and agreements for or in respect of the
installation or operation of absorption, reprocessing or other processing plants; (i) to catty any
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CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075826
CONFIDENTIAL SONY GM_00222010
EFTA01378618
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