The Wyoming Amendment to Trust Agreement is a legally binding document drafted between Polaris Industries, Inc. and Fidelity Management Trust Company in accordance with the laws of the state of Wyoming. This amendment serves to modify the terms and conditions of an existing trust agreement, specifically in relation to the assets and responsibilities entrusted to Fidelity Management Trust Company by Polaris Industries, Inc. Under the Wyoming Amendment to Trust Agreement, Polaris Industries, Inc. and Fidelity Management Trust Company have agreed upon various key provisions to be amended within the trust agreement. These amendments may include changes in the scope of the trust, alterations to the trustee's duties and powers, modifications to the distribution of assets, updates to the beneficiaries and their rights, or adjustments to the reporting and accounting requirements. Different types of Wyoming Amendments to Trust Agreement may exist depending on the specific circumstances and objectives of both parties involved. Some possible types may include: 1. Amendment to Trust Agreement for Beneficiary Modification: This type of amendment allows Polaris Industries, Inc. to add or remove beneficiaries from the trust, or to adjust the allocation of benefits among existing beneficiaries. 2. Amendment to Trust Agreement for Asset Allocation: This type of amendment enables Polaris Industries, Inc. to revise the types and amounts of assets held within the trust, ensuring they align with the company's evolving financial strategies. 3. Amendment to Trust Agreement for Powers of Trustee: This type of amendment grants Fidelity Management Trust Company additional or modified powers and authorities, such as investment decision-making capabilities or the ability to delegate certain responsibilities. 4. Amendment to Trust Agreement for Administrative Updates: This type of amendment allows for minor changes to the language or structure of the trust agreement, ensuring it remains compliant with current legal and regulatory requirements. In conclusion, the Wyoming Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company represents a legally binding modification to an existing trust agreement. It enables both parties to adapt the terms and conditions of the trust to better meet their changing needs, whether through beneficiary modifications, asset allocation adjustments, trustee power modifications, or administrative updates.
Wyoming Amendment to Trust Agreement Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company
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