Collin Texas Exchange Trust Agreement between Daleen Technologies, Inc., Daleen CallCo Corp., Daleen Canada Corp., Exchangeable Shares Holders and Montreal Trust Co.

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Collin
• Control #: US-EG-9469
• Format: Word; Rich Text

Description

Exchange Trust Agreement between Daleen Technologies, Inc., Daleen CallCo Corporation, Daleen Canada Corporation, Holders of Exchangeable Shares and Montreal Trust Company of Canada regarding ParentCo granting to and in favor of the holders from time to The Collin Texas Exchange Trust Agreement is a legally binding contract between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement outlines the terms and conditions governing the exchange of shares and establishes the rights and responsibilities of each party involved. Under this agreement, the Exchangeable Shares Holders are provided with an opportunity to exchange their shares in Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. for shares in another entity. This exchange is facilitated and regulated by Montreal Trust Co., acting as the trustee. The primary purpose of the Collin Texas Exchange Trust Agreement is to offer flexibility and provide added value to the shareholders by allowing them to diversify their investment portfolio without incurring additional taxes upon exchange. There are several types of Collin Texas Exchange Trust Agreements that can be established between the involved parties. These may include: 1. Share Exchange Trust Agreement: This type of agreement enables Exchangeable Shares Holders to exchange their shares in Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. for shares in another entity chosen by Montreal Trust Co. The terms, conditions, and specifications of the share exchange are clearly outlined in this agreement. 2. Tax-Deferred Exchange Trust Agreement: This agreement provides the Exchangeable Shares Holders with a tax-efficient option to exchange their shares. By utilizing specific provisions of the tax code, this agreement allows shareholders to defer capital gains taxes that would otherwise be incurred upon the exchange of shares. 3. Collateralized Exchange Trust Agreement: In certain cases, shareholders may choose to collateralize their shares as security against a loan or debt. This type of agreement ensures that the collateralized shares cannot be exchanged until the loan or debt is repaid in full. Montreal Trust Co. would act as the custodian of the collateralized shares during this period, as specified in the agreement. Overall, the Collin Texas Exchange Trust Agreement provides a comprehensive framework for the exchange of shares within the specified entities and aims to safeguard the rights and interests of the Exchangeable Shares Holders. It is a vital tool used by Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., and Montreal Trust Co. to facilitate efficient and flexible share exchange transactions.

The Collin Texas Exchange Trust Agreement is a legally binding contract between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement outlines the terms and conditions governing the exchange of shares and establishes the rights and responsibilities of each party involved. Under this agreement, the Exchangeable Shares Holders are provided with an opportunity to exchange their shares in Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. for shares in another entity. This exchange is facilitated and regulated by Montreal Trust Co., acting as the trustee. The primary purpose of the Collin Texas Exchange Trust Agreement is to offer flexibility and provide added value to the shareholders by allowing them to diversify their investment portfolio without incurring additional taxes upon exchange. There are several types of Collin Texas Exchange Trust Agreements that can be established between the involved parties. These may include: 1. Share Exchange Trust Agreement: This type of agreement enables Exchangeable Shares Holders to exchange their shares in Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. for shares in another entity chosen by Montreal Trust Co. The terms, conditions, and specifications of the share exchange are clearly outlined in this agreement. 2. Tax-Deferred Exchange Trust Agreement: This agreement provides the Exchangeable Shares Holders with a tax-efficient option to exchange their shares. By utilizing specific provisions of the tax code, this agreement allows shareholders to defer capital gains taxes that would otherwise be incurred upon the exchange of shares. 3. Collateralized Exchange Trust Agreement: In certain cases, shareholders may choose to collateralize their shares as security against a loan or debt. This type of agreement ensures that the collateralized shares cannot be exchanged until the loan or debt is repaid in full. Montreal Trust Co. would act as the custodian of the collateralized shares during this period, as specified in the agreement. Overall, the Collin Texas Exchange Trust Agreement provides a comprehensive framework for the exchange of shares within the specified entities and aims to safeguard the rights and interests of the Exchangeable Shares Holders. It is a vital tool used by Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., and Montreal Trust Co. to facilitate efficient and flexible share exchange transactions.