📄 Extracted Text (301 words)
(a) The last acting Trustee is authorized to designate one or more additional
or successor Trustees. Designations shall be in writing and may be revoked in writing
by the maker thereof at any time prior to the qualification of the person designated
(b) If at arty time no Trustee is acting and no successor has been designated
or no successor who has been desigrated is available to act, JEFFREY A. SCHANTZ
is appointed as successor Trustee.
(c) Any Trustee may resign by giving notice to take effect on the date
specified in said notice.
(d) A Trustee may resign or qualify only by a written instrument mailed or
delivered to the Grantor or a Trustee then acting.
(e) No Trustee at any time acting hereunder shall be required to give any
bond, undertaking. or other security for the faithful performance of his duties in any
jurisdiction or be liable for the acts or omissions of any other Trustee.
(f) Any reference herein to the Trustee shall include survivors, successors and
additional Trustees.
The Grantor, or any other person, with the consent of the Trustee, shall
have the right to make additions to the Trust hereunder by will or otherwise by
transferring to the Trustee additional real or personal property.
SEVENTH
The Trustee hereby accepts the Trust and agree to execute it to the best
of his ability.
EIGHTR
The Grantor retains the right at any time or times during his life to revoke,
in whole or in part, this Agreement and the Trust cleated hereunder and to receive a
portion or the entire tncome and principal.
'The Grantor retains the right at any time or times during his life to amend
this Agreement and the Trust created hereunder
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Confidential Treatment Requested by JPM-SDNY-00001956
JPMorgan Chase
CONFIDENTIAL SDNY_GM_00271154
EFTA01479939
ℹ️ Document Details
SHA-256
6617f8bd910e3d3c0d81c5684d712d40eb22e68435ac09ed45fbbc3a1933c053
Bates Number
EFTA01479939
Dataset
DataSet-10
Document Type
document
Pages
1
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