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ons hereinafter set forth in this Agreement. This trust shall be known as the APO] GRAT No. 7. FIRST: ANNUITY TRUST The Property shall be held by the Trustees IN TRUST for the Trust Term (as defined in Clause SEVENTH). (A) In each year of the Trust Term, the Trustees shall pay to the Grantor, or the Grantor's es
e interests in such limited liability company, partnership, corporation or other business arrangement held by the trust. 19 EFTA00602215 FIFTH: IRREVOCABILITY The Grantor declares that this Trust Agreement is irrevocable and neither this Trust Agreement nor the trust hereby created may be amended, except
ons hereinafter set forth in this Agreement. This trust shall be known as the APOI GRAT No. 7. FIRST: ANNUITY TRUST The Property shall be held by the Trustees IN TRUST for the Trust Term (as defined in Clause SEVENTH). (A) In each year of the Trust Tenn, the Trustees shall pay to the Grantor, or the Grantor's es
h limited liability company, partnership, corporation or other business arrangement held by the trust. 19 EFTA_R1_02136578 EFTA02713803 FIFTH: IRREVOCABILITY The Grantor declares that this Trust Agreement is irrevocable and neither this Trust Agreement nor the trust hereby created may be amended, except
FIRST. FIRST: DISCRETIONARY TRUST All trust property directed to be disposed of under, or in accordance with, this Clause FIRST shall be held by the Trustees IN TRUST (the "Discretionary Trust") in accordance with the following provisions: (A) The Trustees shall pay so much of the income of the Discretionary Tr
or bequeathed or made payable to the Trustees, all such property shall be added to the principal of the trust created under Clause FIRST. ELEVENTH: IRREVOCABILITY 3l EFTA00585054 USI:8864901vS4 This Declaration is irrevocable and neither this Declaration nor the trusts hereby created may be amended. The I
FIRST. FIRST: DISCRETIONARY TRUST All trust property directed to be disposed of under, or in accordance with, this Clause FIRST shall be held by the Trustees IN TRUST (the "Discretionary Trust") in accordance with the following provisions: (A) The Trustees shall pay so much of the income of the Discretionary Tr
POWER TO ACQUIRE 18 EIGHTH: TRUSTEE PROVISIONS 19 NINTH: TRUSTEE POWERS 26 TENTH: ACCOUNTING 35 ELEVENTH: TRUST ADDITIONS 36 TWELFTH: IRREVOCABILITY 36 THIRTEENTH: DEFINITIONS 37 FOURTEENTH: SITUS/GOVERNING LAW 39 FIFTEENTH: PROVISIONS FOR MINORS 40 SIXTEENTH: TRUSTEE EXCULPATION AND EXO
Entities connected to both the Trustees IN TRUST and IRREVOCABILITY
Leon Black
PERSON
Barry Diller
PERSON
Michael Cohen
PERSONClause
ORGANIZATIONthe State of New York
LOCATIONSuch Individual
ORGANIZATION
Samantha Power
PERSONALEXANDER SAMUEL BLACK
PERSONJOSHUA MAX BLACK
PERSONSouthern Trust Company
ORGANIZATION
New York City
LOCATIONthe Independent Trustees
ORGANIZATIONthe Uniform Transfers to Minors Act
ORGANIZATIONthe Independent Trustees'
ORGANIZATIONFederal, State
ORGANIZATIONthe Fixed Percentages
ORGANIZATIONthe Initial GRAT Value
ORGANIZATIONthe Terminated Portion
ORGANIZATIONELIZABETH IRENE
PERSONBlack Family Partners
ORGANIZATION