A San Jose California Trust Agreement is a legally binding contract between Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York. This agreement outlines the roles, responsibilities, and terms agreed upon by all parties involved in managing and administering trust assets. This trust agreement serves as a means for Van Kampen Foods, Inc., to entrust their financial assets to The Bank of New York for safekeeping and prudent management. The Bank of New York, in turn, acts as the trustee responsible for managing the trust assets and ensuring compliance with all applicable laws and regulations. The American Portfolio Evaluation Services and Van Kampen Investment Advisory Corp. play important roles as well. American Portfolio Evaluation Services may provide valuation and performance evaluation services for the trust assets. Van Kampen Investment Advisory Corp. may offer investment advice and assistance in choosing appropriate investment strategies for the trust assets. Different types of San Jose California Trust Agreements may exist based on the specific purpose, duration, or terms. Some possible varieties include: 1. Revocable Trust Agreement: This type of agreement allows the trust creator (Van Kampen Foods, Inc.) to modify or terminate the trust during their lifetime. It provides flexibility and control over the trust assets. 2. Irrevocable Trust Agreement: In contrast, an irrevocable trust cannot be modified or terminated without the consent of all parties involved. This type of agreement offers greater asset protection, tax benefits, and can be utilized for estate planning or charitable purposes. 3. Living Trust Agreement: A living trust is created during the trust creator's lifetime and can be effective both during their lifetime and after their passing. It allows for the management and distribution of assets outside of probate, ensuring privacy and potentially reducing costs and delays associated with the probate process. 4. Testamentary Trust Agreement: This type of trust is established through a will and comes into effect upon the trust creator's death. It allows for the proper distribution and management of assets according to the trust creator's wishes. These different types of trust agreements enable Van Kampen Foods, Inc., American Portfolio Evaluation Services, Van Kampen Investment Advisory Corp., and The Bank of New York to tailor the trust structure to their specific needs and objectives. By entering into this agreement, the parties involved can ensure efficient and effective management of the trust assets while safeguarding the interests of all beneficiaries.