Franklin Ohio Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Franklin
• Control #: US-EG-9325
• Format: Word; Rich Text

Description

Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company dated July 1, 1999. 1 page. The Franklin Ohio Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company is a legal document that outlines the amendments made to the initial trust agreement between the two entities. This agreement pertains to the management and administration of assets held in trust by Fidelity Management Trust Company on behalf of Polaris Industries, Inc., a well-known manufacturing company in Ohio. The purpose of the Second Amendment is to update and modify certain terms and conditions of the trust agreement to better align with the changing needs and objectives of both parties involved. It serves as a legal framework for the ongoing relationship and management of assets within the trust. Some key provisions covered in the Second Amendment may include changes in the investment and distribution strategy, alteration of the trustee's responsibilities and powers, updates to beneficiary designations, modifications in fee structures, clarification of reporting requirements, and adjustment of the trust's duration or termination options. The Franklin Ohio Second Amendment to Trust Agreement may be categorized into various types, depending on the specific changes made to the original agreement. These categories could include: 1. Financial Amendment: This type of amendment primarily focuses on financial matters, such as altering investment strategies, adjusting balance requirements, or changing fee structures. 2. Administrative Amendment: An administrative amendment might address changes in the administrative aspects of the trust, including updates to reporting requirements, modifications in the trustee's powers, or adjustments in the distribution process. 3. Beneficiary Amendment: A beneficiary amendment could relate to changes in the designated beneficiaries of the trust, such as adding new beneficiaries, removing existing ones, or adjusting the distribution percentages among beneficiaries. 4. Duration/Termination Amendment: This type of amendment focuses on altering the duration or termination options of the trust, allowing for changes in the trust's lifespan or circumstances under which it can be terminated. It is important to note that the specific types of amendments described above are hypothetical and may not necessarily reflect the actual classifications of the Franklin Ohio Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. The exact nature and categories of amendments would be outlined within the document itself.

The Franklin Ohio Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company is a legal document that outlines the amendments made to the initial trust agreement between the two entities. This agreement pertains to the management and administration of assets held in trust by Fidelity Management Trust Company on behalf of Polaris Industries, Inc., a well-known manufacturing company in Ohio. The purpose of the Second Amendment is to update and modify certain terms and conditions of the trust agreement to better align with the changing needs and objectives of both parties involved. It serves as a legal framework for the ongoing relationship and management of assets within the trust. Some key provisions covered in the Second Amendment may include changes in the investment and distribution strategy, alteration of the trustee's responsibilities and powers, updates to beneficiary designations, modifications in fee structures, clarification of reporting requirements, and adjustment of the trust's duration or termination options. The Franklin Ohio Second Amendment to Trust Agreement may be categorized into various types, depending on the specific changes made to the original agreement. These categories could include: 1. Financial Amendment: This type of amendment primarily focuses on financial matters, such as altering investment strategies, adjusting balance requirements, or changing fee structures. 2. Administrative Amendment: An administrative amendment might address changes in the administrative aspects of the trust, including updates to reporting requirements, modifications in the trustee's powers, or adjustments in the distribution process. 3. Beneficiary Amendment: A beneficiary amendment could relate to changes in the designated beneficiaries of the trust, such as adding new beneficiaries, removing existing ones, or adjusting the distribution percentages among beneficiaries. 4. Duration/Termination Amendment: This type of amendment focuses on altering the duration or termination options of the trust, allowing for changes in the trust's lifespan or circumstances under which it can be terminated. It is important to note that the specific types of amendments described above are hypothetical and may not necessarily reflect the actual classifications of the Franklin Ohio Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. The exact nature and categories of amendments would be outlined within the document itself.