Cook Illinois Amendment to Trust Agreement Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company

State:
Multi-State
County:
Cook
Control #:
US-EG-9324
Format:
Word; 
Rich Text
Instant download

Description

First Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company dated May 15, 1999. 7 pages. Cook Illinois Amendment to Trust Agreement is a legally binding document that outlines the modifications made to the original Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This agreement aims to clarify and update the terms and conditions of the trust relationship, ensuring the smooth management and administration of assets held by Polaris Industries, Inc. In this amendment, key changes and additions are incorporated to address specific issues or concerns that have arisen since the creation of the original Trust Agreement. The Cook Illinois Amendment may include various types, such as: 1. Funding Amendment: This type of amendment specifies the additional funds or assets transferred to the trust by Polaris Industries, Inc., enhancing the value and diversification of the trust. 2. Beneficiary Amendment: This amendment focuses on alterations within the beneficiary structure, including the addition or removal of beneficiaries or changes to the distribution percentages assigned to each beneficiary. 3. Investment Amendment: This amendment details any modifications to the investment strategy or guidelines previously defined in the Trust Agreement. It may result from changes in Polaris Industries, Inc.'s financial objectives or market conditions. 4. Term Amendment: If there is a need to extend or shorten the duration of the trust, a Term Amendment will outline the revised timeline agreed upon by Polaris Industries, Inc. and Fidelity Management Trust Company. 5. Administrative Amendment: This amendment addresses administrative matters, such as changes to the roles and responsibilities of trustees, updating communication protocols, or modifying reporting requirements. By implementing the Cook Illinois Amendment to Trust Agreement, Polaris Industries, Inc. and Fidelity Management Trust Company demonstrate their commitment to maintaining an effective and up-to-date trust arrangement. This legal document ensures that both parties adhere to the latest terms and conditions, promoting transparency, trust, and successful asset management within the trust.

Cook Illinois Amendment to Trust Agreement is a legally binding document that outlines the modifications made to the original Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This agreement aims to clarify and update the terms and conditions of the trust relationship, ensuring the smooth management and administration of assets held by Polaris Industries, Inc. In this amendment, key changes and additions are incorporated to address specific issues or concerns that have arisen since the creation of the original Trust Agreement. The Cook Illinois Amendment may include various types, such as: 1. Funding Amendment: This type of amendment specifies the additional funds or assets transferred to the trust by Polaris Industries, Inc., enhancing the value and diversification of the trust. 2. Beneficiary Amendment: This amendment focuses on alterations within the beneficiary structure, including the addition or removal of beneficiaries or changes to the distribution percentages assigned to each beneficiary. 3. Investment Amendment: This amendment details any modifications to the investment strategy or guidelines previously defined in the Trust Agreement. It may result from changes in Polaris Industries, Inc.'s financial objectives or market conditions. 4. Term Amendment: If there is a need to extend or shorten the duration of the trust, a Term Amendment will outline the revised timeline agreed upon by Polaris Industries, Inc. and Fidelity Management Trust Company. 5. Administrative Amendment: This amendment addresses administrative matters, such as changes to the roles and responsibilities of trustees, updating communication protocols, or modifying reporting requirements. By implementing the Cook Illinois Amendment to Trust Agreement, Polaris Industries, Inc. and Fidelity Management Trust Company demonstrate their commitment to maintaining an effective and up-to-date trust arrangement. This legal document ensures that both parties adhere to the latest terms and conditions, promoting transparency, trust, and successful asset management within the trust.

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Cook Illinois Amendment to Trust Agreement Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company