TRUST AGREEMENT OF THE 1998-1 TEES TRUST TRUST AGREEMENT, dated as of August 26, 1998 among Sutro & Co. Incorporated, as Sponsor, and Donald J. Puglisi, William R. Latham III and James B. O'Neill, as Trustees. The Sponsor and the Trustees hereby agree...Trust Agreement • September 21st, 1998 • 1998-1 Tees Trust
TRUST AGREEMENT OF THE 1998-1 TEES TRUST TRUST AGREEMENT, dated as of August 26, 1998 among Sutro & Co. Incorporated, as Sponsor, and Donald J. Puglisi, William R. Latham III and James B. O'Neill, as Trustees. The Sponsor and the Trustees hereby agree as follows: 1. The trust created hereby shall be known as "The 1998-1 TEES Trust", in which name the Trustees may conduct the business of the Trust, make and execute contracts, and sue and be sued. 2. The Sponsor hereby assigns, transfers, conveys and sets over to the Trustees the sum of $1. The Trustees hereby acknowledge receipt of such amount in trust from the Sponsor, which amount shall constitute the initial trust estate. The Trustees hereby declare that they will hold the trust estate in trust for the Sponsor. It is the intention of the parties hereto that the Trust being created hereby constitute a business trust under Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. section 3801, et seq. and that this document constitute th
