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efta-efta01357519DOJ Data Set 10CorrespondenceEFTA Document EFTA01357519
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DOJ Data Set 10
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last acting Trustee, and no successor designated pursuant to the provisions of
this Article is available to succeed him, his resignation shall not be effective
until he designates his successor and such successor qualifies to act.
E.
A Trustee may resign or qualify only by a written
instrument mailed or delivered to a Trustee then acting, or if none, to his
successor, in the case of a resignation, or in any case to the Grantor.
F.
No Trustee at any time acting hereunder shall be required
to give any bond, undertaking or other security for the faithful performance
of his duties in any jurisdiction.
G.
Anything contained in the foregoing provisions
notwithstanding, neither the Grantor nor any person who is a person
described in Section 672(c) of the Code, in relation to the Grantor, shall be
appointed as a Trustee of the Trust.
SEVENTH
Settlement of Trustees' Accounts; Exoneration of Trustees
A.
The Trustees shall not be required to file or render, and
the Grantor waives and excuses the filing with, or rendering to, any Court of
an account of their transactions with respect to the Trust or of inventories,
accounts, statements or reports of principal and/or income in respect of the
Trust. Nevertheless, the Trustees may at any time and from time to time
6
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
DB-SDNY-0044131
CONFIDENTIAL
SDNY_GM_00190315
EFTA01357519
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