Distribute to each employee the District’s current “Students Rightsand Responsibilities” booklet at the beginning of the school year.
Distribute to each. Unit Holder receiving the distribution provided in paragraph (d) any dividends, which on the Termination Date were declared, but not received, net of any and all expenses not previously deducted, within a reasonable time of their receipt. The amounts to be so distributed to each Unit Holder shall be that pro rata share of the balance of the total Income and Principal Accounts as shall be represented by the Units held of record by such Unit Holder. The Trustee shall be under no liability with respect to moneys held by it in the Income, Reserve and Principal Accounts upon termination except to hold the same in trust without interest until disposed of in accordance with the terms of this Indenture. Upon the Depositor's request, the Trustee will include in the written notice to be sent to Unit Holders referred to in the fourth paragraph of this section a form of election whereby Unit Holders electing a cash distribution may express interest in investing such cash distribution in units of another series of the Qualified Unit Investment Liquid Trust Series (the "New Series"). The Trustee will inform the Depositor of all Unit Holders who, within the time period specified in such notice, express such interest. The Depositor will provide to such Unit Holders any applicable sales material with respect to the New Series and a form, acceptable to the Trustee, whereby a Unit Holder may appoint the Trustee the Unit Holder's agent to apply the Unit Holder's cash distribution for the purchase of a unit or units of the New Series. Such form will specify, among other things, the time by which it must be returned to the Trustee in order to be effective and the manner in which such purchase shall be made. This paragraph shall not obligate the Depositor to create any New Series or to provide any such investment election.
