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efta-01372223DOJ Data Set 10Other

EFTA01372223

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DOJ Data Set 10
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efta-01372223
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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
created by this Agreement shall be determined solely by the laws of that Territory. The courts of the U.S. Virgin Islands shall have primary supervision over the administration of this Trust. Notwithstanding, anything to the contrary in this Agreement, my Trustee has discretion at any time or times following my death to transfer the situs of this Trust to such other country, or such other jurisdiction as my Trustee determines, without obtaining judicial authorization or approval (unless such judicial authorization or approval is required by applicable law) and without the tiling of any bond. My Trustee's determination to transfer the sums of this Trust shall be evidenced by an instrument in writing signed, witnessed and acknowledged by my Trustee in the same manner as would be required for a deed. My Trustee is authorized to take whatever actions are necessary to effect such a transfer of situs. If judicial authorization or approval is required to effect such a transfer of situs, I intend and desire that the appropriate court accept the determination of my Trustee concerning the transfer of the snits of this Trust. From and after my Trustee's transfer of the situs of this Trust pursuant to this Section 6.3 of Article VI, the administration of such trust shall be governed by the law of the new situs of this Trust. Section 6.4. -Definition er Terms Except as otherwise specifically provided herein, as used in this Agreement, A. The term "my Trustee" or "Trustee" means all persons or entities who occupy the office of Trustee of this Trust while such persons or entities occupy such office, whether one or more persons or entities occupy the office of Trustee at the same time or tunes, and includes any successor Trustee or Trustees. The term "Executor" of a person's estate means all persons or entities who occupy the office of personal representative, administrator, executor, or ancillary administrator while such persons or entities occupy such office, whether one or more persons or entities occupy such office at the same time or times, and includes any successor or successors to that office. A reference to a person's Will means such person's Last Will and Testament and any Codicil or Codicils thereto. B. A reference to any tax also includes any interest or penalties thereon. C. Whenever the singular number is used, the same shall include the plural, and the masculine gender shall include the feminine and neuter gtuiders. Section 6.5. yo °mint If any beneficiary under this Agreement shall in any way directly or indirectly (a) contest or object to the validity of any disposition or provision of this Agreement or (b) institute or prosecute, or be in any way directly or indirectly instrumental in the institution or prosecution of, any action, proceeding, contest, objection or claim for the purpose of setting aside or invalidating this Agreement or any disposition therein or herein or provision thereof or hereof, then I direct that (aa) any and all provisions in this Agreement for the benefit of such beneficiary and the issue of such beneficiary in any degree shall be null and void and (bb) the principal and income of the Tills! Estate shall be disposed of as if such beneficiary and issue in any degree had all failed to survive me. 12 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0065870 CONFIDENTIAL SDNY_GM_00212054 EFTA01372223

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