TRUST AGREEMENT This TRUST AGREEMENT, dated as of January 19, 1999, between WARBURG DILLON READ LLC, as sponsor (the "Sponsor") and PAUL M. DONOFRIO, as trustee (the "Trustee"). 1. The Sponsor hereby creates Trust-Issued Required Equity Exchange...Trust Agreement • January 19th, 1999 • Share Issuance Forward Trust Securities Trust • New York
