San Jose California Trust Indenture and Agreement The San Jose California Trust Indenture and Agreement is an important legal document that outlines the terms and conditions of the Naveen Tax Free Unit Trust, Series 1140. This agreement is established between John Naveen and Co., Inc. and Chase Manhattan Bank, acting as the trustee for the trust. The purpose of this trust indenture and agreement is to define the roles, responsibilities, and obligations of each party involved in the management and administration of the Naveen Tax Free Unit Trust, Series 1140. It also establishes the rights and privileges of the investors who participate in this specific trust. Key terms and conditions addressed in the San Jose California Trust Indenture and Agreement include: 1. Trustee's Duties: The agreement outlines the fiduciary responsibilities of Chase Manhattan Bank as the trustee for the Naveen Tax Free Unit Trust, Series 1140. This includes managing the trust assets, making investment decisions, and distributing income to the unit holders. 2. Rights of the Unit Holders: The agreement defines the rights and privileges of the unit holders, including their entitlement to income distributions, the right to vote on certain matters related to the trust, and the procedures for redeeming or transferring units. 3. Investment Guidelines: The agreement sets forth the investment objectives and guidelines for the trust. It may outline the permissible types of investments, the allocation of assets, and any restrictions or limitations on certain investment strategies. 4. Distribution of Income: The agreement specifies how income generated by the trust, such as interest or dividends, will be distributed to the unit holders. It may detail the frequency of distributions, methods of payment, and any tax considerations. 5. Termination or Modification: The agreement outlines the conditions under which the trust may be terminated or modified, as well as the procedures and requirements for such actions. This ensures that any changes made to the trust adhere to the agreed-upon terms and protect the interests of the unit holders. It is worth noting that the San Jose California Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is specific to the Naveen Tax Free Unit Trust, Series 1140. Other trust indentures and agreements may exist for different series or types of trusts offered by the same parties.