3
Shared Docs
3
Same-Page
3 / 3
Mentions
t, and agrees to manage and dispose of the same in accordance with the provisions of this Declaration of Trust. This property shall be the original Trust Fund of a Trust, the dispositive provisions of which are set forth in Article IV. This Trust may be identified as the "LEON D. BLACK 1997 REVOCABLE TRUS
section "(B)" of this Article, one or more persons other than such child or a Related Person as to the child to serve as an additional or successor Trustee of any Trust held for such child's benefit under Article XII. (4) Any instrument of appointment made by the Settlor pursuant to subsection "(I)" of this secti
e Trustees the property listed on Schedule A annexed hereto. The Trustees acknowledge receipt of such property. This property shall be the original Trust Fund of a Trust for the benefit of the Beneficiaries, the dispositive terms of which are set forth in Article II. The Trustees agree to hold such propert
and/or successor trustee. (D) Removal of Trustees. (1) The Settlor may, at any time or from time to time when the Settlor is competent, remove any Trustee of any Trust. (2) At any time when the Settlor is not living or is under a disability or has temporarily or permanently relinquished the power to remove Truste
shall add to principal any net income not paid or applied pursuant to the previous provisions of this section. The Settlor confirms that the entire Trust Fund may be distributed at any time to or for the benefit of any one or more of 4 DM US 37283516.2.088835.0011 EFTA00616856 the Beneficiaries pursuan
ility or has temporarily or permanently relinquished the power to remove Trustees, DEBRA, if then living and not under a disability, may remove any Trustee of any Trust, provided that immediately following such removal there is at least one Trustee of such Trust who is an Independent Trustee and is not a Related Pe
Entities connected to both Trust Fund and Trustee of any Trust
Leon Black
PERSON
Samantha Power
PERSONALEXANDER SAMUEL BLACK
PERSONReliance
ORGANIZATIONSettlor
ORGANIZATIONTrusts
ORGANIZATIONthe Settlor's Children
ORGANIZATIONRemainder Interests
ORGANIZATIONthe Benefit of Trustees
ORGANIZATIONJudicial Settlement of Accounts
ORGANIZATIONRelease or Suspension of Powers
ORGANIZATIONBENJAMIN ELI BLACK
PERSONCombination and Division of Trusts
ORGANIZATIONBeneficial Interest Prohibited
ORGANIZATIONthe Primary Beneficiary of a Trust
ORGANIZATIONthe Primary Beneficiary of a Trust under Article III
ORGANIZATIONan Interested Party
ORGANIZATIONTangible Personal Property
ORGANIZATIONConsolidation of Trust Property
ORGANIZATIONJOSHUA MAX BLACK
PERSON