Common use of Reports to Beneficiaries and Others Clause in Contracts

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that have not been previously reported, (iii) statements of cash flow for such taxable year, and (iv) any action taken by the Trustee in the performance of its duties under this Agreement that it had not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax year of the Trust shall end on December 31 of each year. (c) During the course of a tax year, whenever a material event relating to the Trust's Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in an interim report if an annual report pursuant to Section 5.8(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that they have not been previously reported, (iii) statements of cash flow for such taxable year, year and (iv) any action taken by the Trustee in the performance of its duties under this Agreement that it had has not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax year of the Trust shall end on December 31 of each year. (c) During the course of a tax year, whenever a material event relating to the Trust's Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in an interim report if an annual report pursuant to Section 5.8(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the contact details of the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that they have not been previously reported, and (iii) statements of cash flow for such taxable year, and (iv) any action taken by the Trustee in the performance of its his duties under this Agreement that it had he has not previously reported, and which, in its his opinion, materially affects the Trust Assets or Liabilities. (b) The tax year of the Trust shall end on December 31 of each yearyear unless the Trustee deems it advisable to establish some other date as the date on which the tax year of the Trust shall end. (c) During the course of a tax year, whenever a material event relating to the Trust's Trust Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in on an interim report if an annual report pursuant to Section 5.8(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the The Trustee's ’s reports pursuant to this SectionSection shall be in accordance with Maryland law.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person Person beneficially owns and the contact details of the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax calendar year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable calendar year or upon termination and the receipts and disbursements of the Trustee for such taxable calendar year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that have it has not been previously reported, and (iii) statements of cash flow for such taxable year, and (iv) any action taken by the Trustee in the performance of its duties under this Agreement that it had has not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax fiscal year of the Trust shall end on December 31 of each yearyear unless the Trustee deems it advisable to establish some other date as the date on which the fiscal year of the Trust shall end. (c) During the course of a tax year, whenever Whenever a material event relating to the Trust's ’s Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in on an interim report if an annual report pursuant to Section 5.8(a5.10(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee Trust will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustee's address and other contact information. If details of the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local lawSponsor Trustees. As soon as practicable after the end of each tax year during the term of the Trust and once after termination of the Trust, but in any event within 90 days after each such event, the Trustee Sponsor Trustees shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination dissolution and the receipts and disbursements of the Trustee Sponsor Trustees for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that they have not been previously reported, (iii) statements of cash flow for such taxable yearthe compensation paid or payable to the Trustees, and (iv) any action taken by the Trustee Sponsor Trustees in the performance of its their duties under this Agreement that it had they have not previously reported, and which, in its their opinion, materially affects the Trust Assets or Liabilities. (b) The tax year of the Trust shall end on December 31 of each yearyear unless the Sponsor Trustees deem it advisable to establish some other date as the date on which the tax year of the Trust shall end. (c) During the course of a tax year, whenever a material event relating to the Trust's Assets occurs, the Trustee Trust shall, within a reasonable period of time after such occurrence, prepare and mail make available to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in on an interim report if an annual report pursuant to Section 5.8(a) of this Agreement will be issued at approximately the same within a reasonable period of time that after such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee Sponsor Trustees or as may be required by the any applicable rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustee's ’s address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that they have not been previously reported, (iii) statements of cash flow net assets and changes in net assets for such taxable year, year and (iv) any action taken by the Trustee in the performance of its duties under this Agreement that it had has not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax year of the Trust shall end on December 31 of each year. (c) During the course of a tax year, whenever a material event relating to the Trust's ’s Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in an interim report if an annual report pursuant to Section 5.8(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 55-550.05 of the Delaware Virginia Code shall apply to the Trustee's ’s reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will shall mail to each Beneficiary a notice indicating how many Units such person Person beneficially owns and the contact details of the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax calendar year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable calendar year or upon termination and the receipts and disbursements of the Trustee for such taxable calendar year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that have it has not been previously reported, and (iii) statements of cash flow for such taxable year, and (iv) any action taken by the Trustee in the performance of its duties under this Agreement that it had has not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax fiscal year of the Trust shall end on December 31 of each yearyear unless the Trustee deems it advisable to establish some other date as the date on which the fiscal year of the Trust shall end. (c) During the course of a tax year, whenever Whenever a material event relating to the Trust's ’s Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event; provided, that the Trustee may alternatively use any other means reasonably calculated to disseminate such interim report to the Beneficiaries, including, without limitation, use of the Trust’s website. The occurrence of a material event need not be reported in on an interim report if an annual report pursuant to Section 5.8(a5.9(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange CommissionTrustee. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee Trustees will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustee's address Trustees’ addresses and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee Trustees shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee Trustees for such taxable year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that they have not been previously reported, (iii) statements of cash flow net assets and changes in net assets for such taxable year, year and (iv) any action taken by the Trustee Trustees in the performance of its their duties under this Agreement that it had has not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax year of the Trust shall end on December 31 of each year. (c) During the course of a tax year, whenever a material event relating to the Trust's ’s Assets occurs, the Trustee Trustees shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event. The occurrence of a material event need not be reported in an interim report if an annual report pursuant to Section 5.8(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee Trustees or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's The Trustees’ reports pursuant to this SectionSection shall be in accordance with Maryland law.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person beneficially owns and the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax taxable year of the Trust and after termination of the Trust, but in any event within 90 days after each such event, the Trustee Trustees shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable year or upon termination and the receipts and disbursements of the Trustee Trustees for such taxable year or period, prepared in accordance with generally accepted accounting principlescertified by an independent certified public accountant, (ii) any changes in the Trust Assets and Liabilities that which they have not been previously reported, and (iii) statements of cash flow for such taxable year, and (iv) any action taken by the Trustee Trustees in the performance of its their duties under this Agreement that it had which they have not previously reported, reported and which, in its their opinion, materially affects the Trust Assets Assets. The Trustees may submit similar reports for such interim periods during the taxable year as they deem advisable or Liabilities. (b) as may be required by the Securities and Exchange Commission. The tax taxable year of the Trust shall end on December 31 of each year. year unless the Trustees deem it advisable to establish some other date as the date on which the taxable year of the Trust shall end. Within 30 days after the end of each calendar six month period that includes any period prior to the Termination Date, the Trustees shall deliver to Toys a written report showing (ci) During a schedule of the course assets held by the Trust, (ii) disbursements made by the Trust during such six month period, (iii) claims asserted against the Trust and expenses incurred by the Trust during such six moth period and (iv) all pending claims asserted against the Trust. In addition, Toys shall be furnished, concurrently with the delivery thereof to any of the Trustees, with a tax year, whenever a material event copy of any written report concerning the Trust provided to any of the Trustees or to any Beneficiary. The Trustees shall provide oral updates to Toys relating to the Trust's Assets occursinformation set forth in subparagraphs (i)-(iv) above, upon the Trustee shall, within reasonable request of Toys during normal business hours. The obligation of the Trustees to provide written reports or oral updates is conditioned upon receiving from Toys a reasonable period of time after such occurrence, prepare and mail confidentiality agreement prior to the Beneficiaries an interim report describing first such event. The occurrence delivery which shall be substantially in the form of a material event need not be reported in an interim report if an annual report pursuant to Section 5.8(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange CommissionExhibit A attached hereto. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.

Reports to Beneficiaries and Others. (a) As soon as reasonably practicable after the Transfer Date, the Trustee will mail to each Beneficiary a notice indicating how many Units such person Person beneficially owns and the contact details of the Trustee's address and other contact information. If the trust is to hold assets for unlocated stockholders, due notice has been given to such stockholders in accordance with local law. As soon as practicable after the end of each tax calendar year and after termination of the Trust, but in any event within 90 days after each such event, the Trustee shall submit a written report and account to the Beneficiaries showing (i) the assets and liabilities of the Trust at the end of such taxable calendar year or upon termination and the receipts and disbursements of the Trustee for such taxable calendar year or period, prepared in accordance with generally accepted accounting principles, (ii) any changes in the Trust Assets and Liabilities that have it has not been previously reported, and (iii) statements of cash flow for such taxable year, and (iv) any action taken by the Trustee in the performance of its duties under this Agreement that it had has not previously reported, and which, in its opinion, materially affects the Trust Assets or Liabilities. (b) The tax fiscal year of the Trust shall end on December 31 of each yearyear unless the Trustee deems it advisable to establish some other date as the date on which the fiscal year of the Trust shall end. (c) During the course of a tax year, whenever Whenever a material event relating to the Trust's ’s Assets occurs, the Trustee shall, within a reasonable period of time after such occurrence, prepare and mail to the Beneficiaries an interim report describing such event; provided, that the Trustee may alternatively use any other means reasonably calculated to disseminate such interim report to the Beneficiaries, including, without limitation, use of the Trust’s website. The occurrence of a material event need not be reported in on an interim report if an annual report pursuant to Section 5.8(a5.9(a) will be issued at approximately the same time that such interim report would be issued and such annual report describes the material event as it would be discussed in an interim report. The occurrence of a material event will be determined solely by the Trustee or as may be required by the rules and regulations promulgated by the Securities and Exchange Commission. (d) Title 12, Section 3585 of the Delaware Code shall apply to the Trustee's reports pursuant to this Section.