TAX EXEMPT SECURITIES TRUST NATIONAL TRUST 347 REFERENCE TRUST AGREEMENT Dated as of February 13, 2003Reference Trust Agreement • February 14th, 2003 • Tax Exempt Securities Trust Arizona Trust 1
This Reference Trust Agreement among Salomon Smith Barney Inc., as Depositor, JPMorgan Chase Bank, as Trustee, and Kenny S&P Evaluation Services, a division of J.J. Kenny Company, Inc., a subsidiary of The McGraw-Hill Companies, Inc., as Evaluator, sets forth certain provisions in full and incorporates other provisions by reference to the document entitled “Tax Exempt Securities Trust, For All Uninsured Series Formed On Or Subsequent to The Effective Date Specified Below, Trust Indenture and Agreement” (the “Basic Agreement”), dated July 16, 1987. Such provisions as are set forth in full herein and such provisions as are incorporated by reference constitute, for each Series, respectively, a single instrument (the “Indenture”).
