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sability at any time when LEON is not the Settlor's spouse. (5) "Entity": any Person other than an individual. (6) "EPTL": the New York Estates, Powers and Trusts Law. (7) "health, education, support and maintenance": the aggregate of the meanings ascribed to the terms "health," "education," "sup
e added to the principal of the Trust Fund. (C) Power of Appointment. LEON shall have the power to appo
ECIAL DISTRIBUTION RULES 5 V : ADDITIONS 13 VI : TRUSTEES' INVESTMENT AND ADMINISTRATIVE POWERS 15 VII : RESTRICTIONS ON POWERS 27 VIII : IRREVOCABILITY; MODIFICATION 30 IX : ACCOUNTING BY TRUSTEES 34 X : TRUSTEE DESIGNATIONS, RESIGNATIONS, AND REMOVALS 36 XI : ACTION BY TRUSTEES 41 XII :
instrument governing such Other Trust. SIXTH: POWER TO ACOUIRE Except as otherwise provided below, L
dependent Trustees regarding the Independent Trustees' exercise of discretion pursuant to this paragraph or Section 7-1.11 of the New York Estates, Powers and Trusts Law. The provisions of this paragraph are intended to come within the safe harbor provisions of Revenue Ruling 2004-64. Accordingly, the
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
d the 2004-64 Trustees regarding the 2004-64 Trustees' exercise of discretion pursuant to this paragraph or Section 7-1.11 of the New York Estates, Powers and Trusts Law. The provisions of this paragraph are intended to come within the safe harbor provisions of Revenue Ruling 2004-64. Accordingly, the
UITIES AND ULTIMATE BENEFICIARIES 16 SEVENTH: POWER TO ACQUIRE 18 EIGHTH: TRUSTEE PROVISIONS 19
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
thout the consent of the Corporate Trustee. (B) Power of Appointment. (1) The Independent Trustees, at
IAL DISTRIBUTION RULES 15 VI : ADDITIONS 21 VII : TRUSTEES' INVESTMENT AND ADMINISTRATIVE POWERS 23 VIII : RESTRICTIONS ON POWERS 41 IX : IRREVOCABILITY; MODIFICATION 45 X : ACCOUNTING BY TRUSTEES 49 XI : TRUSTEE DESIGNATIONS, RESIGNATIONS, AND REMOVALS 50 XII : ACTION BY TRUSTEES 59 XIII
thout the consent of the Corporate Trustee. (B) Power of Appointment. (1) The Independent Trustees, at
IAL DISTRIBUTION RULES 15 VI : ADDITIONS 19 VII : TRUSTEES' INVESTMENT AND ADMINISTRATIVE POWERS 20 VIII : RESTRICTIONS ON POWERS 39 IX : IRREVOCABILITY; MODIFICATION 42 X : ACCOUNTING BY TRUSTEES 46 XI : TRUSTEE DESIGNATIONS, RESIGNATIONS, AND REMOVALS 48 XII : ACTION BY TRUSTEES 56 XIII
as amended from time to time (such power "Lending Power"). Any loan to the Grantor pursuant to this clau
nor shall any assignment, conveyance, charge, encumbrance or order, either of principal or income, given by any such beneficiary be valid. EIGHTH IRREVOCABILITY, SEVERABILTY, COUNTERPARTS SDNY_GM_00060844 CONFIDENTIAL - PURSUANT TO FED. R.QQN(F IDENTIAL DB-SDNY-0023669 EFTA_00171358 EFTA01297539 A. Th
Entities connected to both Samantha Power and IRREVOCABILITY
Leon Black
PERSON
New York City
LOCATION
Barry Diller
PERSON
Michael Cohen
PERSON
JPMorgan Chase
ORGANIZATIONthe State of New York
LOCATIONSouthern Trust Company
ORGANIZATIONSettlor
ORGANIZATIONStandard & Poor's
ORGANIZATIONReliance
ORGANIZATIONFederal, State
ORGANIZATION
the U.S. Treasury Department
ORGANIZATIONALEXANDER SAMUEL BLACK
PERSONJOSHUA MAX BLACK
PERSONTrust Fund
ORGANIZATIONBENJAMIN ELI BLACK
PERSONBlack Family Partners
ORGANIZATIONTrusts
ORGANIZATIONthe United States Treasury
LOCATION
Moody
PERSON