Creation of Trust and Appointment of Initial Trustees. The Stockholders hereby create and establish the Trust, and appoint and authorize Xxxxx Xxxxxxx, Xxxx Xxxxxxxx and Xxxxx Xxxxx (each of whom is a Beneficial Owner of Shares and an employee of the Company or an Expensify Subsidiary) as trustees of the Trust (collectively, and together with each successor Trustee appointed pursuant to the terms of this Section 1, the “Trustees”), pursuant to the terms and conditions of this Agreement. The Trust shall be administered by three Trustees, in accordance with the terms and conditions of this Agreement.
Appears in 4 contracts
Samples: Voting Trust Agreement (Expensify, Inc.), Voting Trust Agreement (Expensify, Inc.), Voting Trust Agreement (Expensify, Inc.)
