A Vermont Trust Indenture and Agreement is a legal document that establishes the terms and conditions for a specific trust, in this case, the Naveen Tax Free Unit Trust, Series 1140. This agreement is entered into between John Naveen and Co., Inc. and the Chase Manhattan Bank. The Vermont Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140 outline important details related to the establishment, administration, and operation of the trust. It sets forth the obligations and responsibilities of both parties involved and ensures compliance with relevant laws and regulations. Key terms and conditions covered in the trust indenture may include the duration of the trust, the rights and duties of the trustee (Chase Manhattan Bank) and the trust or (John Naveen and Co., Inc.), investment guidelines and restrictions, provisions for the distribution of income or capital gains, provisions for termination or modification of the trust, and procedures for resolving disputes. The Vermont Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank for the Naveen Tax Free Unit Trust, Series 1140 is specific to this particular trust. It may have variations in terms and conditions compared to other trust agreements established between the same parties or other trusts offered by John Naveen and Co., Inc. It is important to consult the actual trust indenture and agreement for the Naveen Tax Free Unit Trust, Series 1140 to obtain accurate and up-to-date information regarding the specific terms and conditions of the trust.