Fairfax Virginia 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
• County: Fairfax
• 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 Fairfax Virginia Exchange Trust Agreement: Explained The Fairfax Virginia Exchange Trust Agreement between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. is a legal agreement that outlines the terms and conditions of exchanging shares between the aforementioned entities. This trust agreement ensures a smooth and organized process for the exchange of shares, protecting the interests of all parties involved. Key elements of the Fairfax Virginia Exchange Trust Agreement include: 1. Agreement Parties: The agreement involves several parties: Baleen Technologies, Inc. (parent company), Baleen Callao Corp. (subsidiary of Baleen Technologies), Baleen Canada Corp. (subsidiary of Baleen Technologies), Exchangeable Shares Holders (individuals or entities holding exchangeable shares), and Montreal Trust Co. (the trustee). 2. Purpose: The primary purpose of the trust agreement is to facilitate the exchange of shares between Baleen Technologies, Inc., its subsidiaries, and the exchangeable shares holders, while ensuring compliance with relevant laws and regulations. 3. Exchangeable Shares: The agreement establishes guidelines for the exchange of exchangeable shares issued by Baleen Callao Corp. and Baleen Canada Corp. These shares can be swapped for the shares of Baleen Technologies, Inc. 4. Exchange Mechanism: The trust agreement outlines the process for exchanging the exchangeable shares, including the timing, valuation, and any necessary approvals or consents required. 5. Consideration: The agreement defines the consideration offered for the exchanged shares, which may include cash, securities, or other forms of value agreed upon by the parties involved. 6. Rights and Obligations: The agreement delineates the rights and obligations of the parties, including the rights of the exchangeable shares holders during the exchange process and any corresponding obligations of Baleen Technologies, Inc. 7. Termination or Amendment: The trust agreement may incorporate provisions for termination or amendment, allowing for flexibility and adaptability to changing circumstances. Types of Fairfax Virginia Exchange Trust Agreement: 1. Baleen Technologies, Inc. Exchange Trust Agreement: This agreement focuses on the exchange of shares between Baleen Technologies, Inc. and the exchangeable shares holders. 2. Baleen Callao Corp. Exchange Trust Agreement: This trust agreement specifically caters to the exchange of shares between Baleen Callao Corp. and the exchangeable shares holders. 3. Baleen Canada Corp. Exchange Trust Agreement: This agreement governs the exchange of shares between Baleen Canada Corp. and the exchangeable shares holders. Each type of trust agreement may have specific terms and conditions tailored to the respective entity's requirements while incorporating provisions that align with the overall Fairfax Virginia Exchange Trust Agreement framework. By establishing the Fairfax Virginia Exchange Trust Agreement, Baleen Technologies, Inc., its subsidiaries, exchangeable shares holders, and Montreal Trust Co. ensure a transparent and regulated process of exchanging shares, promoting trust and safeguarding the interests of the parties involved.

Fairfax Virginia Exchange Trust Agreement: Explained The Fairfax Virginia Exchange Trust Agreement between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. is a legal agreement that outlines the terms and conditions of exchanging shares between the aforementioned entities. This trust agreement ensures a smooth and organized process for the exchange of shares, protecting the interests of all parties involved. Key elements of the Fairfax Virginia Exchange Trust Agreement include: 1. Agreement Parties: The agreement involves several parties: Baleen Technologies, Inc. (parent company), Baleen Callao Corp. (subsidiary of Baleen Technologies), Baleen Canada Corp. (subsidiary of Baleen Technologies), Exchangeable Shares Holders (individuals or entities holding exchangeable shares), and Montreal Trust Co. (the trustee). 2. Purpose: The primary purpose of the trust agreement is to facilitate the exchange of shares between Baleen Technologies, Inc., its subsidiaries, and the exchangeable shares holders, while ensuring compliance with relevant laws and regulations. 3. Exchangeable Shares: The agreement establishes guidelines for the exchange of exchangeable shares issued by Baleen Callao Corp. and Baleen Canada Corp. These shares can be swapped for the shares of Baleen Technologies, Inc. 4. Exchange Mechanism: The trust agreement outlines the process for exchanging the exchangeable shares, including the timing, valuation, and any necessary approvals or consents required. 5. Consideration: The agreement defines the consideration offered for the exchanged shares, which may include cash, securities, or other forms of value agreed upon by the parties involved. 6. Rights and Obligations: The agreement delineates the rights and obligations of the parties, including the rights of the exchangeable shares holders during the exchange process and any corresponding obligations of Baleen Technologies, Inc. 7. Termination or Amendment: The trust agreement may incorporate provisions for termination or amendment, allowing for flexibility and adaptability to changing circumstances. Types of Fairfax Virginia Exchange Trust Agreement: 1. Baleen Technologies, Inc. Exchange Trust Agreement: This agreement focuses on the exchange of shares between Baleen Technologies, Inc. and the exchangeable shares holders. 2. Baleen Callao Corp. Exchange Trust Agreement: This trust agreement specifically caters to the exchange of shares between Baleen Callao Corp. and the exchangeable shares holders. 3. Baleen Canada Corp. Exchange Trust Agreement: This agreement governs the exchange of shares between Baleen Canada Corp. and the exchangeable shares holders. Each type of trust agreement may have specific terms and conditions tailored to the respective entity's requirements while incorporating provisions that align with the overall Fairfax Virginia Exchange Trust Agreement framework. By establishing the Fairfax Virginia Exchange Trust Agreement, Baleen Technologies, Inc., its subsidiaries, exchangeable shares holders, and Montreal Trust Co. ensure a transparent and regulated process of exchanging shares, promoting trust and safeguarding the interests of the parties involved.