Fulton Georgia Amendment to Trust Agreement Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company

State:
Multi-State
County:
Fulton
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. Description: The Fulton Georgia Amendment to Trust Agreement is an agreement between Polaris Industries, Inc. (hereinafter referred to as "Polaris") and Fidelity Management Trust Company (hereinafter referred to as "Fidelity"). This amendment serves as a modification to the existing trust agreement between the two parties and aims to provide specific terms and conditions for the trust. The purpose of the Fulton Georgia Amendment to Trust Agreement is to outline the changes, additions, or adjustments made to the original trust agreement. It aims to ensure that the agreement aligns with the laws and regulations of Fulton Georgia and meets the specific requirements of Polaris and Fidelity. Key terms and conditions addressed in the Fulton Georgia Amendment include but are not limited to: 1. Trusteeship: The amendment clarifies the roles and responsibilities of both Polaris and Fidelity as trustees of the trust. It outlines the requirements for fiduciary duties, asset management, and investment strategies. 2. Beneficiaries: The amendment specifies the beneficiaries of the trust agreement, which may include shareholders, employees, or other designated parties as determined by Polaris. 3. Assets: This section details the specific assets that are included in the trust, such as securities, properties, or any other holdings related to Polaris. 4. Distribution of Trust Assets: The amendment outlines the procedures and criteria for the distribution of trust assets to the beneficiaries, including any restrictions or conditions imposed by Polaris. 5. Amendment and Termination: The Fulton Georgia Amendment to Trust Agreement allows for future modifications or termination based on mutual agreement between Polaris and Fidelity. It may also specify the procedure for dispute resolution between the parties. Different Types: While this description focuses on the general aspects of the Fulton Georgia Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company, it's important to note that there may be variations or specific types of amendments based on the unique circumstances of the trust. Some potential types of Fulton Georgia Amendments to the Trust Agreement include: 1. Amendment for Tax Planning: This type of amendment may be executed to optimize tax benefits or comply with changing tax regulations relevant to the trust agreement. 2. Successor Trustee Agreement: If there is a change in trusteeship, an amendment may be made to transfer the responsibilities of the trustee to a successor, outlining the new trustee's duties and obligations. 3. Amendment for Change of Beneficiaries: In cases where the beneficiaries need to be modified or updated, an amendment is made to reflect the changes accurately. 4. Funding Amendment: This type of amendment may be used to adjust the funding mechanism or assets included within the trust agreement. It's important to consult with legal professionals or financial advisors to determine the specific type and contents of the Fulton Georgia Amendment to Trust Agreement suitable for your circumstances.

Description: The Fulton Georgia Amendment to Trust Agreement is an agreement between Polaris Industries, Inc. (hereinafter referred to as "Polaris") and Fidelity Management Trust Company (hereinafter referred to as "Fidelity"). This amendment serves as a modification to the existing trust agreement between the two parties and aims to provide specific terms and conditions for the trust. The purpose of the Fulton Georgia Amendment to Trust Agreement is to outline the changes, additions, or adjustments made to the original trust agreement. It aims to ensure that the agreement aligns with the laws and regulations of Fulton Georgia and meets the specific requirements of Polaris and Fidelity. Key terms and conditions addressed in the Fulton Georgia Amendment include but are not limited to: 1. Trusteeship: The amendment clarifies the roles and responsibilities of both Polaris and Fidelity as trustees of the trust. It outlines the requirements for fiduciary duties, asset management, and investment strategies. 2. Beneficiaries: The amendment specifies the beneficiaries of the trust agreement, which may include shareholders, employees, or other designated parties as determined by Polaris. 3. Assets: This section details the specific assets that are included in the trust, such as securities, properties, or any other holdings related to Polaris. 4. Distribution of Trust Assets: The amendment outlines the procedures and criteria for the distribution of trust assets to the beneficiaries, including any restrictions or conditions imposed by Polaris. 5. Amendment and Termination: The Fulton Georgia Amendment to Trust Agreement allows for future modifications or termination based on mutual agreement between Polaris and Fidelity. It may also specify the procedure for dispute resolution between the parties. Different Types: While this description focuses on the general aspects of the Fulton Georgia Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company, it's important to note that there may be variations or specific types of amendments based on the unique circumstances of the trust. Some potential types of Fulton Georgia Amendments to the Trust Agreement include: 1. Amendment for Tax Planning: This type of amendment may be executed to optimize tax benefits or comply with changing tax regulations relevant to the trust agreement. 2. Successor Trustee Agreement: If there is a change in trusteeship, an amendment may be made to transfer the responsibilities of the trustee to a successor, outlining the new trustee's duties and obligations. 3. Amendment for Change of Beneficiaries: In cases where the beneficiaries need to be modified or updated, an amendment is made to reflect the changes accurately. 4. Funding Amendment: This type of amendment may be used to adjust the funding mechanism or assets included within the trust agreement. It's important to consult with legal professionals or financial advisors to determine the specific type and contents of the Fulton Georgia Amendment to Trust Agreement suitable for your circumstances.

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Fulton Georgia Amendment to Trust Agreement Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company