The Alaska Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York is a legally binding document that establishes the terms and conditions for the Select Equity Trust. This agreement governs the relationship between the two parties and outlines the responsibilities, rights, and obligations of each. Specifically, the Alaska Trust Agreement sets forth the provisions for the management and administration of the Select Equity Trust. It details the investment objectives, strategies, and guidelines for the trust, which is designed to provide investors with exposure to a diversified portfolio of equities. The agreement also outlines the roles and responsibilities of Dean Witter Reynolds, Inc. as the investment manager and The Bank of New York as the trustee. Dean Witter Reynolds, Inc. is responsible for making investment decisions and managing the portfolio in accordance with the stated objectives and guidelines. The Bank of New York serves as the custodian of the trust assets and ensures that all transactions and activities are carried out in compliance with applicable laws and regulations. In addition to the main Alaska Trust Agreement Reference Trust Agreement, there may be different types or variations of this agreement that are specific to the Select Equity Trust. For example, there could be separate agreements that govern the distribution of income or the rights and obligations of the beneficiaries. These additional agreements, if applicable, would further define the terms and conditions of the trust and provide clarity on specific aspects. Overall, the Alaska Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding the Select Equity Trust is a comprehensive legal document that establishes the framework for the operation and management of the trust. It ensures transparency, accountability, and compliance with relevant laws and regulations, offering investors a secure and structured investment vehicle for exposure to equity markets.