First Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company dated May 15, 1999. 7 pages.
The Maryland Amendment to Trust Agreement is a legally binding agreement that outlines specific changes or modifications made to an existing trust agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This amendment is specific to trusts that are governed by Maryland state laws. The purpose of the Maryland Amendment to Trust Agreement is to update or adjust certain provisions within the original trust agreement to reflect new requirements, objectives, or changes in circumstances. These amendments can cover a broad range of areas, including trustee responsibilities, beneficiaries, asset allocation, investment strategies, tax considerations, and more. Some common types of Maryland Amendment to Trust Agreements between Polaris Industries, Inc. and Fidelity Management Trust Company may include: 1. Amendment to Beneficiary Designation: This type of amendment allows for changes to be made regarding the named beneficiaries of the trust. It may involve adding or removing beneficiaries, specifying different percentages of distribution, or updating personal details of existing beneficiaries. 2. Amendment to Trustee Appointment: This amendment focuses on modifying or altering the designated trustee(s) responsible for managing the trust assets and administering its provisions. It may involve appointing a new trustee, adding co-trustees, or removing/retiring a trustee from their role. 3. Investment Amendment: This type of amendment aims to adjust the investment strategy or guidelines outlined in the original trust agreement. It may involve alterations to asset allocation, risk tolerance, investment objectives, and the inclusion or exclusion of specific investment types. 4. Amendment to Distribution Provisions: This amendment allows for changes in the manner and timing of distribution to the beneficiaries. It may involve adjusting the frequency, amounts, or conditions attached to distributions. 5. Miscellaneous Amendments: Any other modifications not falling into the aforementioned categories can be covered under this type of Maryland Amendment to Trust Agreement. It may involve changes to administrative processes, payment instructions, dispute resolution methods, or any other aspects not covered specifically. In conclusion, the Maryland Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company enables the parties to make necessary changes to an existing trust agreement to cater to evolving needs, preferences, or legal requirements. These amendments can encompass various areas such as beneficiaries, trustees, investments, distributions, or any other relevant provisions.
The Maryland Amendment to Trust Agreement is a legally binding agreement that outlines specific changes or modifications made to an existing trust agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This amendment is specific to trusts that are governed by Maryland state laws. The purpose of the Maryland Amendment to Trust Agreement is to update or adjust certain provisions within the original trust agreement to reflect new requirements, objectives, or changes in circumstances. These amendments can cover a broad range of areas, including trustee responsibilities, beneficiaries, asset allocation, investment strategies, tax considerations, and more. Some common types of Maryland Amendment to Trust Agreements between Polaris Industries, Inc. and Fidelity Management Trust Company may include: 1. Amendment to Beneficiary Designation: This type of amendment allows for changes to be made regarding the named beneficiaries of the trust. It may involve adding or removing beneficiaries, specifying different percentages of distribution, or updating personal details of existing beneficiaries. 2. Amendment to Trustee Appointment: This amendment focuses on modifying or altering the designated trustee(s) responsible for managing the trust assets and administering its provisions. It may involve appointing a new trustee, adding co-trustees, or removing/retiring a trustee from their role. 3. Investment Amendment: This type of amendment aims to adjust the investment strategy or guidelines outlined in the original trust agreement. It may involve alterations to asset allocation, risk tolerance, investment objectives, and the inclusion or exclusion of specific investment types. 4. Amendment to Distribution Provisions: This amendment allows for changes in the manner and timing of distribution to the beneficiaries. It may involve adjusting the frequency, amounts, or conditions attached to distributions. 5. Miscellaneous Amendments: Any other modifications not falling into the aforementioned categories can be covered under this type of Maryland Amendment to Trust Agreement. It may involve changes to administrative processes, payment instructions, dispute resolution methods, or any other aspects not covered specifically. In conclusion, the Maryland Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company enables the parties to make necessary changes to an existing trust agreement to cater to evolving needs, preferences, or legal requirements. These amendments can encompass various areas such as beneficiaries, trustees, investments, distributions, or any other relevant provisions.