The Franklin Ohio Exchange Trust Agreement is a legally binding contract that outlines the terms and conditions between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. This agreement is specifically designed to facilitate the exchange of shares and enhance the corporate structure of these entities. The agreement serves as a mechanism for the efficient conversion of exchangeable shares to common shares, enabling flexibility in the ownership structure and facilitating potential mergers or acquisitions. It ensures a smooth transition for the exchangeable shares holders, providing them with certain rights and privileges when exchanging their shares. The Franklin Ohio Exchange Trust Agreement includes key provisions such as the eligibility criteria for exchanging shares, the timeline for the exchange process, and the responsibilities and obligations of the involved parties. It also outlines the terms of redemption or exchange, including any potential fees, taxes, or deductions that may be incurred during the exchange process. Moreover, this agreement establishes the role of Montreal Trust Co., a trusted financial institution, as the trustee in charge of overseeing and administering the exchange process. The trustee plays a pivotal role in ensuring that all rights and obligations of both the shareholders and the entities involved are protected and fulfilled. There may be different types of Franklin Ohio Exchange Trust Agreements based on the specific circumstances or objectives of the parties involved. For example, a Type A agreement may pertain to the exchange of shares in the case of a merger between Baleen Technologies, Inc. and Baleen Callao Corp. On the other hand, a Type B agreement might focus on exchanging shares for the purpose of expanding the ownership structure to include Baleen Canada Corp. In conclusion, the Franklin Ohio Exchange Trust Agreement is a significant legal document that establishes the framework for exchanging shares between Baleen Technologies, Inc., Baleen Callao Corp., Baleen Canada Corp., Exchangeable Shares Holders, and Montreal Trust Co. The agreement ensures a seamless exchange process while safeguarding the rights and interests of all parties involved.