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 Arkansas Exchange Trust Agreement is a legally binding document that outlines the terms and conditions between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. It establishes the framework for the exchange of shares and the management of the trust, ensuring the protection of the parties involved. Under the Arkansas Exchange Trust Agreement, Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. agree to transfer their exchangeable shares to the trust for the benefit of the Exchangeable Shares Holders. This exchange allows holders of the specified shares to access the benefits and ownership rights associated with the trust. The agreement specifies the roles and responsibilities of each party involved. Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. act as the granters, contributing their exchangeable shares to the trust. Exchangeable Shares Holders are the beneficiaries of the trust, entitled to the benefits and distributions as outlined in the agreement. Montreal Trust Co. serves as the trustee, responsible for managing the trust assets and ensuring compliance with the agreement. The Arkansas Exchange Trust Agreement encompasses several types, each tailored to the specific needs and circumstances of the parties involved. These may include: 1. Share Exchange Trust Agreement: This type of agreement focuses on the exchange of shares, outlining the process and conditions under which the exchange takes place. It establishes the rights and obligations of the parties involved in relation to the share exchange. 2. Management Trust Agreement: This type of agreement delves into the management aspect of the trust, defining the roles and responsibilities of the trustee, including investment decisions, reporting requirements, and overall administration of the trust. 3. Distributions and Dividends Trust Agreement: Specifically addressing the frequency and methodology of distributions and dividends to the Exchangeable Shares Holders, this agreement ensures transparency and consistency in the payout process. 4. Termination Trust Agreement: This type of agreement outlines the procedures and conditions under which the trust may be terminated. It sets out the steps involved, including the distribution of remaining assets and any obligations that need to be fulfilled before termination. The Arkansas Exchange Trust Agreement combines the interests of Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co., providing a comprehensive framework for the management and exchange of shares. Through this agreement, the parties involved can navigate the complexities of share ownership and ensure the secure administration of their assets.
The Arkansas Exchange Trust Agreement is a legally binding document that outlines the terms and conditions between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. It establishes the framework for the exchange of shares and the management of the trust, ensuring the protection of the parties involved. Under the Arkansas Exchange Trust Agreement, Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. agree to transfer their exchangeable shares to the trust for the benefit of the Exchangeable Shares Holders. This exchange allows holders of the specified shares to access the benefits and ownership rights associated with the trust. The agreement specifies the roles and responsibilities of each party involved. Baleen Technologies, Inc., Baleen Callao Corp., and Baleen Canada Corp. act as the granters, contributing their exchangeable shares to the trust. Exchangeable Shares Holders are the beneficiaries of the trust, entitled to the benefits and distributions as outlined in the agreement. Montreal Trust Co. serves as the trustee, responsible for managing the trust assets and ensuring compliance with the agreement. The Arkansas Exchange Trust Agreement encompasses several types, each tailored to the specific needs and circumstances of the parties involved. These may include: 1. Share Exchange Trust Agreement: This type of agreement focuses on the exchange of shares, outlining the process and conditions under which the exchange takes place. It establishes the rights and obligations of the parties involved in relation to the share exchange. 2. Management Trust Agreement: This type of agreement delves into the management aspect of the trust, defining the roles and responsibilities of the trustee, including investment decisions, reporting requirements, and overall administration of the trust. 3. Distributions and Dividends Trust Agreement: Specifically addressing the frequency and methodology of distributions and dividends to the Exchangeable Shares Holders, this agreement ensures transparency and consistency in the payout process. 4. Termination Trust Agreement: This type of agreement outlines the procedures and conditions under which the trust may be terminated. It sets out the steps involved, including the distribution of remaining assets and any obligations that need to be fulfilled before termination. The Arkansas Exchange Trust Agreement combines the interests of Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co., providing a comprehensive framework for the management and exchange of shares. Through this agreement, the parties involved can navigate the complexities of share ownership and ensure the secure administration of their assets.