Chicago Illinois Exchange Trust Agreement between Daleen Technologies, Inc., Daleen CallCo Corp., Daleen Canada Corp., Exchangeable Shares Holders and Montreal Trust Co.

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• City: Chicago
• Control #: US-EG-9469
• Format: Word; Rich Text

Description

Exchange Trust Agreement between Daleen Technologies, Inc., Daleen CallCo Corporation, Daleen Canada Corporation, Holders of Exchangeable Shares and Montreal Trust Company of Canada regarding ParentCo granting to and in favor of the holders from time to Chicago Illinois Exchange Trust Agreement is a legally binding contract between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement encompasses various terms and conditions that govern the exchange of shares between the parties involved. Here are some key features of this agreement: 1. Purpose: The primary purpose of the Chicago Illinois Exchange Trust Agreement is to facilitate the exchange of shares between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement ensures smooth and regulated transactions in the securities market. 2. Parties Involved: The Chicago Illinois Exchange Trust Agreement involves several parties, including Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. Each party has distinct roles and responsibilities defined in the agreement. 3. Exchangeable Shares: The agreement governs the exchange of exchangeable shares between the parties. These are shares that can be exchanged for common shares or other securities of Baleen Technologies, Inc., Baleen Callao Corp., or Baleen Canada Corp. 4. Trustee: Montreal Trust Co. acts as the trustee in this agreement. The trustee oversees the transactions, ensures compliance with the terms, and safeguards the interests of the exchangeable shares holders. 5. Transfer of Shares: The agreement outlines the process for transferring shares between the parties. It provides guidelines for the exchangeable shares holders and governs the restrictions, limitations, and procedures associated with the transfer of shares. 6. Redemption Rights: The Chicago Illinois Exchange Trust Agreement defines the redemption rights of the exchangeable shares holders. It specifies the conditions under which the shares can be redeemed and the redemption price calculation. 7. Conversion Rights: The agreement also includes clauses concerning the conversion rights of the exchangeable shares holders. It outlines the terms and conditions for converting exchangeable shares into common shares or other securities. Types of Chicago Illinois Exchange Trust Agreements: 1. Option Pool Trust Agreement: This agreement pertains to the creation and management of an option pool, which is a set of shares reserved for future issuance to employees, consultants, or other parties. It outlines the terms of the option pool and the provisions for its administration. 2. Voting Trust Agreement: This type of agreement primarily focuses on voting rights and control of shares. It establishes a voting trust, consolidating the voting power of multiple shareholders to achieve certain objectives or to exercise voting rights collectively. 3. Escrow Trust Agreement: An escrow trust agreement acts as a temporary holding arrangement for shares during a transaction. It ensures that certain conditions are met before the shares are released to the intended recipient. In summary, the Chicago Illinois Exchange Trust Agreement establishes the framework for the exchange of shares between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. It governs the transfer, redemption, and conversion of exchangeable shares, safeguarding the interests of all involved parties. Additionally, there are specific types of Chicago Illinois Exchange Trust Agreements, such as Option Pool Trust Agreements, Voting Trust Agreements, and Escrow Trust Agreements, which cater to different scenarios and objectives.

Chicago Illinois Exchange Trust Agreement is a legally binding contract between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement encompasses various terms and conditions that govern the exchange of shares between the parties involved. Here are some key features of this agreement: 1. Purpose: The primary purpose of the Chicago Illinois Exchange Trust Agreement is to facilitate the exchange of shares between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement ensures smooth and regulated transactions in the securities market. 2. Parties Involved: The Chicago Illinois Exchange Trust Agreement involves several parties, including Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. Each party has distinct roles and responsibilities defined in the agreement. 3. Exchangeable Shares: The agreement governs the exchange of exchangeable shares between the parties. These are shares that can be exchanged for common shares or other securities of Baleen Technologies, Inc., Baleen Callao Corp., or Baleen Canada Corp. 4. Trustee: Montreal Trust Co. acts as the trustee in this agreement. The trustee oversees the transactions, ensures compliance with the terms, and safeguards the interests of the exchangeable shares holders. 5. Transfer of Shares: The agreement outlines the process for transferring shares between the parties. It provides guidelines for the exchangeable shares holders and governs the restrictions, limitations, and procedures associated with the transfer of shares. 6. Redemption Rights: The Chicago Illinois Exchange Trust Agreement defines the redemption rights of the exchangeable shares holders. It specifies the conditions under which the shares can be redeemed and the redemption price calculation. 7. Conversion Rights: The agreement also includes clauses concerning the conversion rights of the exchangeable shares holders. It outlines the terms and conditions for converting exchangeable shares into common shares or other securities. Types of Chicago Illinois Exchange Trust Agreements: 1. Option Pool Trust Agreement: This agreement pertains to the creation and management of an option pool, which is a set of shares reserved for future issuance to employees, consultants, or other parties. It outlines the terms of the option pool and the provisions for its administration. 2. Voting Trust Agreement: This type of agreement primarily focuses on voting rights and control of shares. It establishes a voting trust, consolidating the voting power of multiple shareholders to achieve certain objectives or to exercise voting rights collectively. 3. Escrow Trust Agreement: An escrow trust agreement acts as a temporary holding arrangement for shares during a transaction. It ensures that certain conditions are met before the shares are released to the intended recipient. In summary, the Chicago Illinois Exchange Trust Agreement establishes the framework for the exchange of shares between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. It governs the transfer, redemption, and conversion of exchangeable shares, safeguarding the interests of all involved parties. Additionally, there are specific types of Chicago Illinois Exchange Trust Agreements, such as Option Pool Trust Agreements, Voting Trust Agreements, and Escrow Trust Agreements, which cater to different scenarios and objectives.