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efta-efta00297991DOJ Data Set 9Other

DECLARATION OF TRUST

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DOJ Data Set 9
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efta-efta00297991
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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
DECLARATION OF TRUST This Declaration of Trust is made on November 23, 2011 in the State of Delaware by Financial Ballistics, LLC, a U.S. Virgin Islands limited liability company, who, through its managing member, hereby declares that he has delivered to The Corporation Trust Company ("CI"), as Trustee, TEN DOLLARS and 00/100s cents. ($10.00). CT is serving the Trust solely to fulfill the Trust's obligation pursuant to Section 3807(a) of the Delaware Business Trust Act (the "Act') to have at least one trustee who has its principal place of business in the State of Delaware; The Trust shall have at least one other trustee other than CT to perform all obligations and duties other than fulfilling the Trust's obligations pursuant to Section 3807(a) of the Act; CT shall not be liable to the Trust or its beneficiaries for any of its acts or omissions except for acts or omissions constituting bad faith or willful misconduct; a shall not have any duty or obligation to manage or deal with the Trust's property, or to otherwise take or refrain from taking any action under, or in connection with, any document contemplated hereby to which a is a party, except as expressly provided by the terms of this Declaration of Trust, and no implied duties or obligations shall be read herein against CT, including without limitation that no action requested of CT shall require the performance of any investigation, analysis, or other due diligence activities by CT in respect to such action or the performance of its duties on behalf of the Trust generally; Pursuant to Section 3803(b) of the Act, a shall not be liable to any person other than the Trust or a beneficiary of the Trust for any act, omission or obligation of the Trust or any trustee thereof and all persons having any claim against a by reason of the transactions contemplated by this Declaration of Trust or any other agreement or instrument related to the Trust shall look only to the Trust's property for payment or satisfaction thereof; and Pursuant to Section 3806(c) of the Act, to the extent that at law or in equity CT, as Trustee, has duties (including fiduciary duties) and liabilities relating to the Trust or to beneficiaries thereof, CT's duties and liabilities are hereby eliminated and restricted to the fullest extent allowable under applicable law and CT shall not be liable to the Trust or to any beneficial owner of the Trust for any action taken in good faith reliance on the terms of this Declaration of Trust. Jeffery E. Epstein Managing Member Financial Ballistics, LLC EFTA00297991

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