The Arizona Exchange Trust Agreement is a legally binding document between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement outlines the terms and conditions for the exchange of exchangeable shares between the involved parties. One type of Arizona Exchange Trust Agreement is the Initial Exchange Trust Agreement. This agreement is established at the initial stage when Baleen Technologies, Inc. issues exchangeable shares to the holders and appoints Montreal Trust Co. as the trustee. It delineates the rights and obligations of each party involved in the exchange process. Another type of Arizona Exchange Trust Agreement is the Amended and Restated Exchange Trust Agreement. This agreement is executed when there are significant changes or amendments to the original trust agreement. It includes additional terms and conditions or modifies the existing ones to meet the evolving needs and circumstances of the involved parties. The Arizona Exchange Trust Agreement outlines various essential elements, including the procedures for the exchange of exchangeable shares, the rights and restrictions associated with the shares, the role and responsibilities of the trustee, and the termination conditions of the agreement. It ensures transparency and consistency throughout the exchange process. The key stakeholders involved in the Arizona Exchange Trust Agreement are as follows: 1. Baleen Technologies, Inc.: The issuing company that offers exchangeable shares to the shareholders. It plays a crucial role in setting the terms and conditions for the exchange and fulfilling its obligations under the agreement. 2. Baleen Callao Corp. and Baleen Canada Corp.: Subsidiaries or affiliated companies of Baleen Technologies, Inc. that might be involved in the exchange of shares or hold exchangeable shares themselves. 3. Exchangeable Shares Holders: Individuals or entities who hold exchangeable shares issued by Baleen Technologies, Inc. They are entitled to exchange their shares as per the terms outlined in the agreement. 4. Montreal Trust Co.: The appointed trustee responsible for overseeing the exchange process and safeguarding the interests of both Baleen Technologies, Inc. and the exchangeable shares holders. This trust company acts as an intermediary and ensures compliance with the agreed-upon terms. The Arizona Exchange Trust Agreement is instrumental in facilitating the smooth exchange of shares, providing clarity regarding the rights and obligations of each party involved, and ensuring a fair and secure process for all stakeholders. It establishes a framework that governs the exchange and contributes to the overall transparency and efficiency of the transaction.