📄 Extracted Text (245 words)
The Haze Trust
TRUST AGREEMENT dared rair 4.9 9 , 1991 , between
JEFFREY E. EPSTEIN, as Grantor, and JEFFREY E. EPSTEIN, as Trustee.
FIRST
(a) The Grantor hereby trusters :o the Trustee the property described
in Schedule A arusexed hereto, tc be administered and disposed of as provided :n this
Agreement
(b) The Trustee shall retain such property, IN TRUST, for the
following purposes:
(i)To pay any part or all of the income and such sums from or any
part or all of the printipal of the Trust as the Trustee, in his
discretion, from time to time determines for any reason whatsoever
to, for, nr on behalf of the Gram; Any income not so paid shall
annually be added to the principal
(ii)On the death of the Grantor, to dispose of the remaining income
and principal of the Trust, including any property received by the
Trust as a result of the Grantor's death to the estate of the
Grantor
SECOND
In exercising any discretion the Trustee, may, but shall not be required to,
consider and accept as correct any statement which he believes to be reliable made by
any person, including a person interested in the way in which the discretion is exerciwd.
The Trustee, in exercising any discretionary authority given to him under any provision
of this Agreement. shall not be required to take into account any other resources of
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Confidential Treatment Requested by JPM-SDNY-00001951
JPMorgan Chase
CONFIDENTIAL SDNY_GM_00271149
EFTA01479936
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