Florida 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
• 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 Florida Exchange Trust Agreement is a legally binding contract entered into between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This comprehensive agreement outlines the terms and conditions governing the exchange of shares and establishes the responsibilities and obligations of each party involved. Under the Florida Exchange Trust Agreement, Baleen Technologies, Inc. and its subsidiaries, Baleen Callao Corp. and Baleen Canada Corp., agree to offer exchangeable shares to the Exchangeable Shares Holders. These shares are designed to provide the holders with the right to exchange them for an equivalent number of common shares of Baleen Technologies, Inc. or one of its subsidiaries, subject to certain conditions and restrictions. Montreal Trust Co. acts as the trustee under the Florida Exchange Trust Agreement, ensuring that all parties comply with the terms of the agreement. As the trustee, Montreal Trust Co. holds the exchanged shares on behalf of the Exchangeable Shares Holders and administers the trust, safeguarding the interests of all parties involved. There may be different types of Florida Exchange Trust Agreements based on specific circumstances or variations in the terms. For instance, variations can occur with respect to the exchange ratio, conversion rights, dividend entitlement, and other provisions. These variations ensure that the agreement is tailored to meet the unique needs and requirements of the parties involved. The Florida Exchange Trust Agreement provides various provisions and mechanisms to protect the interests of all parties. It includes clauses for the termination of the agreement, redemption of shares, rights and obligations of the Exchangeable Shares Holders, rights and obligations of Baleen Technologies, Inc. and its subsidiaries, and the powers and authorities of Montreal Trust Co. Additionally, it addresses dispute resolution, confidentiality, and any other relevant provisions to ensure a transparent and fair exchange process. By entering into the Florida Exchange Trust Agreement, the parties establish a framework that allows for the seamless exchange of shares and provides the necessary legal protection and clarity for all involved. Through this agreement, the interests of Baleen Technologies, Inc., its subsidiaries, Exchangeable Shares Holders, and Montreal Trust Co. are safeguarded, contributing to a mutually beneficial and secure exchange process.

The Florida Exchange Trust Agreement is a legally binding contract entered into between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This comprehensive agreement outlines the terms and conditions governing the exchange of shares and establishes the responsibilities and obligations of each party involved. Under the Florida Exchange Trust Agreement, Baleen Technologies, Inc. and its subsidiaries, Baleen Callao Corp. and Baleen Canada Corp., agree to offer exchangeable shares to the Exchangeable Shares Holders. These shares are designed to provide the holders with the right to exchange them for an equivalent number of common shares of Baleen Technologies, Inc. or one of its subsidiaries, subject to certain conditions and restrictions. Montreal Trust Co. acts as the trustee under the Florida Exchange Trust Agreement, ensuring that all parties comply with the terms of the agreement. As the trustee, Montreal Trust Co. holds the exchanged shares on behalf of the Exchangeable Shares Holders and administers the trust, safeguarding the interests of all parties involved. There may be different types of Florida Exchange Trust Agreements based on specific circumstances or variations in the terms. For instance, variations can occur with respect to the exchange ratio, conversion rights, dividend entitlement, and other provisions. These variations ensure that the agreement is tailored to meet the unique needs and requirements of the parties involved. The Florida Exchange Trust Agreement provides various provisions and mechanisms to protect the interests of all parties. It includes clauses for the termination of the agreement, redemption of shares, rights and obligations of the Exchangeable Shares Holders, rights and obligations of Baleen Technologies, Inc. and its subsidiaries, and the powers and authorities of Montreal Trust Co. Additionally, it addresses dispute resolution, confidentiality, and any other relevant provisions to ensure a transparent and fair exchange process. By entering into the Florida Exchange Trust Agreement, the parties establish a framework that allows for the seamless exchange of shares and provides the necessary legal protection and clarity for all involved. Through this agreement, the interests of Baleen Technologies, Inc., its subsidiaries, Exchangeable Shares Holders, and Montreal Trust Co. are safeguarded, contributing to a mutually beneficial and secure exchange process.