Illinois Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9325
• Format: Word; Rich Text

Description

Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company dated July 1, 1999. 1 page. The Illinois Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company is a legally binding document that amends and updates the original trust agreement between the two parties. This agreement outlines the rights, responsibilities, and obligations of both Polaris Industries and Fidelity Management Trust Company in relation to the trust established. Keywords: Illinois, Second Amendment, Trust Agreement, Polaris Industries, Fidelity Management Trust Company. The main purpose of the Illinois Second Amendment to Trust Agreement is to modify, supplement, or clarify certain provisions of the original trust agreement, ensuring that both parties are aligned with any changes in laws, regulations, or business operations. There may be different types or variations of the Illinois Second Amendment to Trust Agreement between Polaris Industries and Fidelity Management Trust Company, depending on the specific amendments made and the nature of the trust. These variations may include but are not limited to: 1. Amendment to Trust Distribution: This type of amendment may address changes in the distribution of assets, income, or capital gains. It could include modifications to the beneficiaries, allocation percentages, or timing of distributions. 2. Amendment to Trust Powers: This type of amendment may grant or limit certain powers granted to the trustee, such as investment decisions or authority in managing the trust's assets. It may also address conditions or restrictions on the trustee's actions. 3. Amendment to Trust Termination: This type of amendment may address the conditions or procedures for terminating the trust prematurely or extending its duration. It may include changes to the circumstances under which the trust can be dissolved, transferred, or modified. 4. Amendment to Trustee Appointment: This type of amendment may modify the appointment of a trustee, addition or removal of co-trustees, or transfer of trustee responsibilities to another party. 5. Amendment to Trust Purpose: This type of amendment may modify the original purpose or intent of the trust. It could include changes in the designated use of trust assets, charitable objectives, or conditions for disbursement. It is important for all parties involved to carefully review and understand the Illinois Second Amendment to Trust Agreement, as it serves as a legally binding document that governs their obligations and rights.

The Illinois Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company is a legally binding document that amends and updates the original trust agreement between the two parties. This agreement outlines the rights, responsibilities, and obligations of both Polaris Industries and Fidelity Management Trust Company in relation to the trust established. Keywords: Illinois, Second Amendment, Trust Agreement, Polaris Industries, Fidelity Management Trust Company. The main purpose of the Illinois Second Amendment to Trust Agreement is to modify, supplement, or clarify certain provisions of the original trust agreement, ensuring that both parties are aligned with any changes in laws, regulations, or business operations. There may be different types or variations of the Illinois Second Amendment to Trust Agreement between Polaris Industries and Fidelity Management Trust Company, depending on the specific amendments made and the nature of the trust. These variations may include but are not limited to: 1. Amendment to Trust Distribution: This type of amendment may address changes in the distribution of assets, income, or capital gains. It could include modifications to the beneficiaries, allocation percentages, or timing of distributions. 2. Amendment to Trust Powers: This type of amendment may grant or limit certain powers granted to the trustee, such as investment decisions or authority in managing the trust's assets. It may also address conditions or restrictions on the trustee's actions. 3. Amendment to Trust Termination: This type of amendment may address the conditions or procedures for terminating the trust prematurely or extending its duration. It may include changes to the circumstances under which the trust can be dissolved, transferred, or modified. 4. Amendment to Trustee Appointment: This type of amendment may modify the appointment of a trustee, addition or removal of co-trustees, or transfer of trustee responsibilities to another party. 5. Amendment to Trust Purpose: This type of amendment may modify the original purpose or intent of the trust. It could include changes in the designated use of trust assets, charitable objectives, or conditions for disbursement. It is important for all parties involved to carefully review and understand the Illinois Second Amendment to Trust Agreement, as it serves as a legally binding document that governs their obligations and rights.