The Tennessee Exchange Trust Agreement, also known as the Baleen Technologies Exchange Trust Agreement, is a legally binding document created between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement establishes the terms and conditions regarding the exchange of shares and outlines the rights and obligations of each party involved. Key elements of the Tennessee Exchange Trust Agreement include provisions for the conversion of shares, the rights and restrictions of Exchangeable Shares Holders, and the role and responsibilities of Montreal Trust Co. It serves as a framework for the ownership and control of shares in the aforementioned companies. The agreement may consist of different types, depending on the specific needs and circumstances of the parties involved. Some potential variations could include: 1. Tennessee Exchange Trust Agreement for Share Conversion: This type of agreement focuses on the conversion of shares from one class to another, allowing for increased flexibility and alignment with the company's strategic goals. 2. Tennessee Exchange Trust Agreement for Shareholders' Rights: This variation emphasizes the rights and privileges of Exchangeable Shares Holders, detailing their entitlements, voting rights, dividends, and any other shareholder-related matters. 3. Tennessee Exchange Trust Agreement for Regulatory Compliance: In cases where regulatory compliance is a significant concern, this type of agreement would outline the steps and procedures needed to ensure adherence to applicable laws and regulations. 4. Tennessee Exchange Trust Agreement for Beneficiary Designations: This type of agreement may be created when trusts act as the beneficiaries of the exchanged shares. It establishes the relationship and responsibilities between the trustees, the beneficiaries, and the companies involved. In conclusion, the Tennessee Exchange Trust Agreement is a comprehensive and legally binding document that governs the exchange of shares between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. It can be tailored to address specific aspects such as share conversion, shareholder rights, regulatory compliance, or beneficiary designations.