📄 Extracted Text (168 words)
undertaking, or other security, (ii) file periodic reports in or to any court or
(iii) give notice of appointment as Trustee to any court. Each Trustee acting
hereunder is specifically relieved from any and all of the duties which would
otherwise be placed upon him by Chapter 59 of Title 15 of the Virgin
Islands Code.
Any reference herein to the Trustee shall include successor
Trustees.
The Grantor authorizes the Trustees to (i) divide any trust into
separate trusts and (ii) combine separate trusts with substantially similar
provisions.
NINTH
The Grantor, or any other person with the consent of the
Trustees, shall have the right to make additions to any trust hereunder by
will designating the trusts as beneficiary of the property, or otherwise by
transferring to the Trustees additional real or personal property.
TENTH
The Trustees hereby accept the trusts and agree to execute them
to the best of their ability.
414114 I
13
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0061454
CONFIDENTIAL SDNY_GM_00207638
EFTA01369278
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EFTA01369278
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