Oakland Michigan Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Oakland
• 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 Oakland Michigan Second Amendment to Trust Agreement is a legal document that outlines the modifications made to an existing trust agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This agreement is specifically related to assets located within the Oakland, Michigan jurisdiction. The Second Amendment to Trust Agreement serves as a tool to update or adjust the terms, conditions, or provisions of the original trust agreement. It provides a comprehensive framework for the parties involved, allowing them to make necessary amendments while ensuring clarity, compliance, and legality. This specific amendment between Polaris Industries, Inc. and Fidelity Management Trust Company may be categorized into different types based on the nature and purpose of the modification. Some possible types of amendments include: 1. Amendment to Trusteeship: This type of amendment entails changes to the trustees involved in the management of the trust assets. It may involve the addition or removal of trustees, substitution of trustees, or changes in their roles and responsibilities. 2. Amendment to Beneficiary Designation: This type of amendment focuses on alterations related to the beneficiaries of the trust. It may involve the addition or removal of beneficiaries, changes in their entitlements, or modifications to the distribution of assets among the beneficiaries. 3. Amendment to Terms and Conditions: This type of amendment pertains to revisions in the terms, conditions, or provisions specified in the original trust agreement. It may include changes in the duration of the trust, the purpose of the trust, or the limitations on the use or transfer of trust assets. 4. Amendment to Governing Law: This type of amendment involves modifications to the legal jurisdiction governing the trust. It may be necessary when transferring the trust assets from one jurisdiction to another, ensuring compliance with local laws or for tax planning purposes. The Oakland Michigan Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company demonstrates their commitment to adapting the trust in line with changing circumstances or evolving needs. This legal agreement provides a transparent and regulated framework, allowing parties to protect and manage assets effectively while upholding their obligations and responsibilities.

The Oakland Michigan Second Amendment to Trust Agreement is a legal document that outlines the modifications made to an existing trust agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This agreement is specifically related to assets located within the Oakland, Michigan jurisdiction. The Second Amendment to Trust Agreement serves as a tool to update or adjust the terms, conditions, or provisions of the original trust agreement. It provides a comprehensive framework for the parties involved, allowing them to make necessary amendments while ensuring clarity, compliance, and legality. This specific amendment between Polaris Industries, Inc. and Fidelity Management Trust Company may be categorized into different types based on the nature and purpose of the modification. Some possible types of amendments include: 1. Amendment to Trusteeship: This type of amendment entails changes to the trustees involved in the management of the trust assets. It may involve the addition or removal of trustees, substitution of trustees, or changes in their roles and responsibilities. 2. Amendment to Beneficiary Designation: This type of amendment focuses on alterations related to the beneficiaries of the trust. It may involve the addition or removal of beneficiaries, changes in their entitlements, or modifications to the distribution of assets among the beneficiaries. 3. Amendment to Terms and Conditions: This type of amendment pertains to revisions in the terms, conditions, or provisions specified in the original trust agreement. It may include changes in the duration of the trust, the purpose of the trust, or the limitations on the use or transfer of trust assets. 4. Amendment to Governing Law: This type of amendment involves modifications to the legal jurisdiction governing the trust. It may be necessary when transferring the trust assets from one jurisdiction to another, ensuring compliance with local laws or for tax planning purposes. The Oakland Michigan Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company demonstrates their commitment to adapting the trust in line with changing circumstances or evolving needs. This legal agreement provides a transparent and regulated framework, allowing parties to protect and manage assets effectively while upholding their obligations and responsibilities.