EFTA Document EFTA01388406

DEUTS65E BANK Fa' VU 253135 S65; 21 2:12 69.226m P:05/613 income or of principal available to the person to whom a distribution is under corgid•rtion. 1111B12 fn extension and not in limitation of authority which the Trustee would otherwise have pursuant to law or pairs= to the other provisions of this Agreement, the Grantor directs that the Trustee have the tollOWIttg discretionary Sowers: (a) To retain for as loos a period of time as he may consider advisable or proper any property of any kind which may al any time be in his bands. (It) To sell at public or private-um or to exchange any property wMeh may at any tittle bo in his hands, without application to any court, on any terms which he may - consider advisable or proper, including terms involving an extension of credit for any period of time and with or -without security. (a) To acquire, buy, sell, contract to buy, continuo sai sell Alton; buy on margin, exchange, enpge is risk arbitrage trarsactions with respect to, and.trade in • stocks (common or prt cord), •bonds, notes, -:obligations (stewed. or onsamred), securities of open-end and closed-cnd investment companies vat common trust funds, other securitiz (issued or to be issued), commodities, furores, options, executory contracts for the purchase or sale of securities and commodities, mortgages, and other property, real or personal, of any kind, whether similar or dissimilar to that specifically emanented, and interests in any of the foregoing, without being bound by any provision of law restricting investments by trustees, and without regard to any principles of diversification. To puroba,se., sett or exorcist conversion, subscription mil other rights, and warranu, punt, calls, straddles, and other options, to make payments to connection therewith sod to sell naked option, whether calls or puts, and to deal in other financial Strome= (e) To make any authocked transaction lor cash or on credit or partly for rash end partly oa credit, with or without tenuity, or partly or wholly with borrowed fuels. (1) To borrow money for any purpose and to pledge or mortgage property as security for money borrowed or for other transactions 4Cl11.: 2 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0091943 SDNY_GM_00238127 CONFIDENTIAL EFTA01388406