ADDENDUM TO THE LIMITED PARTNERSHIP AGREEMENT OF RANKIN ASSOCIATES II, L.P.
Exhibit 17
ADDENDUM TO THE
OF
XXXXXX ASSOCIATES II, L.P.
This Addendum (this “Addendum”), dated as of December 12, 2017, to Limited Partnership Agreement of Xxxxxx Associates II, L.P., dated as of February 6, 1998, as amended as of December 26, 2001 and December 17, 2002, with prior addendum thereto dated as of October 28, 2016 (the “Agreement”), is made by and among the Partners of Xxxxxx Associates II, L.P., a Delaware limited partnership (the “Partnership”).
RECITALS:
WHEREAS, The Partnership, in addition to other limited partnerships owned and controlled by the Xxxxxx Family, previously, by addendum, added language to their respective limited partnership agreements to account for the ownership of interests in Hyster-Yale Materials Handling, Inc., a Delaware corporation, an entity spun-off by NACCO Industries, Inc., a Delaware corporation, that each such limited partnership has or may have in the future; and
WHEREAS, some of those limited partnerships are now, by separate addendum, again having language added to their respective limited partnership agreements to account for the ownership of interests in Xxxxxxxx Beach Brands Holding Company, a Delaware corporation (“HBB”), an entity spun-off by NACCO Industries, Inc., a Delaware corporation, that each such limited partnership currently has or may have in the future; and
WHEREAS, the Partners of the Partnership intend for the Partnership to own interests in HBB; and
WHEREAS, the Partners of the Partnership deem it advisable to add certain language to the Agreement to account for the HBB interests owned by it, and the Partners deem it advisable to add such language to the Agreement via this Addendum so that the Agreement and this Addendum are consistent with and conform to the form of limited partnership agreements (and prior addenda) utilized by the other Xxxxxx Family limited partnerships.
AGREEMENTS:
In consideration of the mutual promises, covenants and agreements set forth in this Addendum, the Partners of the Partnership agree as follows:
1. The following Sections shall apply in place of those same numbered Sections currently set forth in the Agreement but only with respect to the HBB interest(s) owned by the Partnership, and the Sections currently set forth in the Agreement shall continue to apply with respect to all other interests owned by the Partnership:
Section 1.3
“1.3 “Applicable HBB Class A Closing Price Average” means the average of the closing prices of the HBB Class A Shares on the New York Stock Exchange (or on the principal national securities exchange or automated quotation system of national securities dealers on which the HBB Class A Shares may then be traded) on the five trading dates preceding the relevant Starting Date as reported in The Wall Street Journal (or, if such periodical is not then published, the most comparable periodical then being published).”
Section 1.14
“1.14 “Fair Market Value” means the price at which the property being valued would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or to sell and both being reasonably informed of the relevant factors and in light of the circumstances and prospects surrounding the business of the Partnership. A determination of the Fair Market Value of Partnership Interests shall take into consideration appropriate discounts for lack of marketability and minority interest related to such Partnership Interests, but will not take into consideration the affect of any liquidity provided by the provisions of Section 7.4. A determination of the Fair Market Value of Partnership Property shall not take into consideration any HBB Class A Shares or HBB Class B Shares not owned by the Partnership.”
Section 1.31
“1.31 “HBB” means Xxxxxxxx Beach Brands Holding Company, a Delaware corporation.”
Section 1.32
“1.32 “HBB Class A Shares” means shares of Class A Common Stock, par value $0.01 per share, of HBB.”
Section 1.33
“1.33 “HBB Class B Shares” means shares of Class B Common Stock, par value $0.01 per share, of HBB.”
Section 1.34
“1.34 “HBB Stockholders’ Agreement” means the Stockholders’ Agreement, dated as of September 29, 2017, by and among HBB, as HBB and as depository, and the Participating Stockholders (as such term is defined therein), as amended from time to time.”
Section 1.35
“1.35 “HBB Restated Certificate” means the Amended and Restated Certificate of Incorporation of HBB, filed with the Secretary of State of the State of Delaware on September 22, 2017. References to specific sections of the HBB Restated Certificate shall be deemed to include references to provisions addressing the same or similar subject matter of any amendment or
2
amendment and restatement of the HBB Restated Certificate that becomes effective after the date hereof.”
Section 4.5(b)
“(b) All distributions shall be made in proportion to the Partners’ Partnership Percentages except (i) when the Managing Partner by majority vote of its Board of Directors approves the disproportionate distribution, or (ii) with respect to any payment of HBB Class A Shares or HBB Class B Shares by the Partnership pursuant to Section 7.7(a). The Managing Partner is encouraged to consider disproportionate distributions to defray the income tax liabilities resulting from special allocations under Section 704(c) of the Code, but such disproportionate distributions shall not be required. Subject to Section 4.5(a) of this Agreement, the Managing Partner is expressly authorized to make monthly or other periodic draws with respect to one or more, but not necessarily all, of the Partners, on the condition that compensating distributions, determined with or without interest in the discretion of the Managing Partner, shall be made to the other Partners on or before the end of March of the following calendar year so that the total draws and compensating distributions shall be proportionate. For all purposes of this Agreement, except as provided in the immediately preceding sentence or Section 1.49(f), a distribution among the Partners which is not in proportion to Partnership Percentages shall be regarded as disproportionate. In the event that a disproportionate distribution occurs, the Managing Partner shall appropriately adjust the Capital Accounts of the Partners to reflect such disproportionate distribution. This adjustment of Capital Accounts, and thus Partnership Interests, shall be in addition to the adjustment in Partnership Percentages.”
Section 5.2
“5.2 Management of Partnership Property Consisting of HBB Stock.
(a) The Managing Partner by the approval of a majority of its Board of Directors shall direct the voting of the HBB Class A Shares and HBB Class B Shares held by the Partnership and may authorize the Partnership to enter into a voting arrangement with respect to any or all of such HBB Class A Shares and HBB Class B Shares.
(b) The Partnership will not Transfer any HBB Class B Shares without the consent of a majority of the Board of Directors of the Managing Partner and the consent of Partners owning more than 75% of all Partnership Interests.
(c) The Partnership shall not Transfer any HBB Class A Shares, other than to acquire HBB Class B Shares, without the consent of a majority of the Board of Directors of the Managing Partner and the consent of Partners owning more than 75% of all Partnership Interests.”
Section 7.2
“7.2 Restriction on Transfers. Except as otherwise provided in this Agreement, no Partner shall, either during the Partner’s lifetime or upon the Partner’s death, Transfer any of the Partnership Interests now owned or hereafter acquired by such Partner. Moreover, no Partner shall Transfer or attempt to Transfer any Partnership Interest if such Transfer or attempted Transfer is contrary to the provisions of the HBB Restated Certificate or HBB Stockholders’ Agreement. In
3
the event of any purported or attempted Transfer of Partnership Interests that does not comply with this Agreement, the purported transferee or successor by operation of law shall not be deemed to be a Partner of the Partnership for any purpose and shall not be entitled to any of the rights of a Partner of the Partnership, including, without limitation, the right to vote the Partnership Interests or to receive a certificate for Partnership Interests or any distributions of any kind on or with respect to Partnership Interests. Any purported or attempted Transfer of Partnership Interests made other than in accordance with the provisions of this Agreement shall be void ab initio and the last holder of record who acquired such Partnership Interests in a manner not contrary to the provisions of this Agreement shall be recognized as the holder of such Partnership Interests for all purposes and the Partnership Interests shall continue to be treated as Partnership Interests for all purposes under this Agreement, shall be deemed owned by such recognized holder for purposes of the operation of this Agreement and shall continue to be subject to the terms of this Agreement.”
Section 7.7
“7.7 Terms of Sale. The Purchase Price for all Partnership Interests purchased pursuant to Section 7.4 or Section 7.5 of this Agreement shall be paid at the Closing, as follows:
(a) If the purchaser is the Partnership, the Partnership, at its election, may pay its portion of the Purchase Price in HBB Class B Shares, HBB Class A Shares, immediately available United States Funds, or any combination of such consideration as follows:
(i) | to the extent that the Partnership elects to pay the Purchase Price in HBB Class B Shares, the Partnership shall pay to the selling Partner, such number of HBB Class B Shares as shall be equal to the quotient of (A) the portion of the Purchase Price payable in HBB Class B Shares, divided by (B) the Applicable HBB Class A Closing Price Average; and |
(ii) | to the extent that the Partnership elects to pay the Purchase Price in HBB Class A Shares, the Partnership shall pay to the selling Partner, such number of HBB Class A Shares as shall be equal to the quotient of (A) the portion of the Purchase Price payable in HBB Class A Shares, divided by (B) the Applicable HBB Class A Closing Price Average (if necessary the Partnership may convert HBB Class B Shares to HBB Class A Shares to pay such Purchase Price); and |
(iii) | immediately available United States Funds equal to that portion of the Purchase Price not paid by delivery of HBB Class B Shares or HBB Class A Shares. |
(b) If the purchaser is a Partner, such Partner may pay its portion of the Purchase Price in HBB Class A Shares, immediately available United States Funds, or any combination of such consideration as follows:
(i) | to the extent that the Partner elects to pay the Purchase Price in HBB Class A Shares, such Partner shall deliver to the Selling Partner such number of HBB Class A Shares as shall be equal to the quotient of |
4
(A) the portion of the Purchase Price payable in HBB Class A Shares, divided by (B) the Applicable HBB Class A Closing Price Average; and
(ii) | immediately available United States Funds equal to that portion of the Purchase Price not paid by delivery of HBB Class A Shares.” |
Section 9.1
“9.1 Dissolution and Termination. The Partnership shall continue for the term described in Section 2.4 hereof, unless earlier dissolved (a) with the consent of the Managing Partner and Partners owning more than ninety percent (90%) of all Partnership Interests, or (b) upon the bankruptcy of a General Partner unless the continuation of the Partnership is agreed to in writing by all other General Partners, if any, or by Partners holding more than fifty percent (50%) of all Capital Accounts and all Partnership Percentages (exclusive of the Capital Accounts and Partnership Percentages of the bankrupt General Partner), or with the consent of the Managing Partner, upon the Transfer of substantially all of the HBB Class A Shares and HBB Class B Shares held by the Partnership. In the event that the Partnership is dissolved, the assets of the Partnership shall be liquidated as promptly as is consistent with obtaining the Fair Market Value thereof, and the proceeds therefrom, together with any assets distributed in kind, shall be distributed first to creditors to satisfy all debts and liabilities of the Partnership other than loans or advances made by the Partners to the Partnership, then to the establishment of reserves deemed reasonably necessary to satisfy contingent or unforeseen liabilities or obligations of the Partnership, then to the repayment of any loans or advances made by the Partners to the Partnership, with the balance, if any, to be distributed in accordance with the balances in each Partner’s Capital Account at that time. Solely for the purposes of determining the balances of the Partners’ Capital Accounts at that time, any Partnership Property that is distributed in kind shall be treated as though such Partnership Property were sold for its Fair Market Value as of the date of distribution, as determined by an independent appraiser. Upon completion of the foregoing, the Partnership shall be terminated.”
Section 10.1
“10.1 Grant of Power. Each Partner by his, her or its signature below irrevocably makes, constitutes and appoints the Managing Partner, and each of them, his, her or its true and lawful attorney in his, her or its name, place and stead in any capacities, with the power from time to time to substitute or resubstitute one or more others as such attorney, and to make, execute, swear to, acknowledge, verify, deliver, file, record and publish any and all documents, certificates or other instruments which may be required or deemed desirable by the Managing Partner to (a) effectuate the provisions of any part of this Agreement or any amendments to this Agreement, (b) enable the Partnership to conduct its business, (c) comply with any applicable law in connection with the Partnership’s conduct of its business, (d) retain professional services, including accounting and legal counsel, for the Partnership (including, without limitation, the waiver on behalf of the Partnership and each Partner of any conflict arising from such professional’s representation of another client on matters in which the interests of the Partnership, any Partner or any affiliate of the Partnership or any Partner may be adverse to such other client), or (e) to execute any and all statements under Section 13 or Section 16 of the Securities Exchange Act of 1934, as amended, of beneficial ownership of HBB Class A Shares and/or HBB Class B Shares, subject to the HBB Stockholders’ Agreement, as amended from time to time, including all statements on Schedule
5
13D and all amendments thereto, all joint filing agreements pursuant to Rule 13d-l(f)(iii) under such Act in connection with such statements, all initial statements of and changes of beneficial ownership on Form 3 and any and all other documents to be filed with the Securities and Exchange Commission, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission. Each Partner grants to said attorney or attorneys-in-fact, and each of them, full power and authority to do so and to perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as the undersigned might or could do in person, hereby ratifying and confirming all that said attorney or attorneys-in-fact or any of them or their substitutes or resubstitutes, may lawfully do or cause to be done by virtue of this Section 10.”
2. This Addendum shall be (and hereby is) incorporated into and made a part of the Agreement.
3. This Addendum shall be governed by and construed in accordance with the laws of the State of Delaware.
4. This Addendum may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
[Signature pages follow]
6
SIGNATURE PAGE
IN WITNESS WHEREOF, the Partners have hereunto set their hands and seals as of the day and year first above written.
General Partner | ||
XXXXXX MANAGEMENT, INC. | ||
By: | /s/ Xxxxxx X. Xxxxxx, Xx. | |
Name: Xxxxxx X. Xxxxxx, Xx. | ||
Title: President | ||
And: | /s/ Claiborne X. Xxxxxx | |
Name: Claiborne X. Xxxxxx | ||
Title: Secretary |
Limited Partners (See Attached Pages)
7
Trust created by the Agreement, dated September 28, 2000,
as supplemented, amended and restated, between
Xxxxxx X. Xxxxxx, Xx., as trustee and Xxxxxx X. Xxxxxx, Xx.
creating a trust for the benefit of Xxxxxx X. Xxxxxx, Xx.
By: | /s/ Xxxxxx X. Xxxxxx, Xx. | |
Name: Xxxxxx X. Xxxxxx, Xx. | ||
Title: Trustee |
8
Trust created by the Agreement, dated December 29, 1989,
as supplemented, amended and restated, between
Xxxxx X. (Xxxxxx) Xxxxxx, as trustee, and Xxxxx X. (Xxxxxx)
Xxxxxx, creating a trust for the benefit of Xxxxx X. (Xxxxxx) Xxxxxx
By: | /s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Trustee |
9
Trust created by the Agreement, dated June 17, 1999, between
Xxxx X. Xxxxxx, Xx., as trustee, and Xxxx X. Xxxxxx, Xx., creating a
trust for the benefit of Xxxx X. Xxxxxx, Xx.
By: | /s/ Xxxx X. Xxxxxx | |
Name: Xxxx X. Xxxxxx | ||
Title: Trustee |
10
Xxxxx Xxxxxx Xxxxxx 2002 Trust, dated November 5, 2002,
between Xxxx X. Xxxxxx, Xx., as trustee, and Xxxxx Xxxxxx Xxxxxx,
creating a trust for the benefit of Xxxxx Xxxxxx Xxxxxx
By: | /s/ Xxxx X. Xxxxxx | |
Name: Xxxx X. Xxxxxx | ||
Title: Trustee |
11
Xxxxxxx Xxxxxxx Xxxxxx 2002 Trust, dated November 5, 2002,
between Xxxx X. Xxxxxx, Xx., as trustee, and Xxxxx Xxxxxx Xxxxxx,
creating a trust for the benefit of Xxxxxxx Xxxxxxx Xxxxxx
By: | /s/ Xxxx X. Xxxxxx | |
Name: Xxxx X. Xxxxxx | ||
Title: Trustee |
12
Trust created by the Agreement, dated December 29, 1989, as
supplemented, amended and restated, between Xxxxx X. (Xxxxxx)
Xxxxxxxx, as trustee, and Xxxxx X. (Xxxxxx) Xxxxxxxx, creating a
trust for the benefit of Xxxxx X. (Xxxxxx) Xxxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxxx | |
Name: Xxxxx X. Xxxxxxxx | ||
Title: Trustee |
13
/s/ Xxxxx X. Xxxxxxxx |
Xxxxx X. Xxxxxxxx |
14
Xxxxx Xxxxxxx Xxxxxxxx Xxxxxxxx 2004 Trust, dated
December 10, 2004, between Xxxxx X. X. Xxxxxxxx, as trustee,
and Xxxxx Xxxxxx Xxxxxxxx, creating a trust for the benefit
of Xxxxx Xxxxxxx Xxxxxxxx Xxxxxxxx
By: |
/s/ Xxxxx X. X. Xxxxxxxx | |
Name: Xxxxx X. X. Xxxxxxxx | ||
Title: Trustee |
15
Xxxxx Xxxxxxx Xxxxxxxx 2004 Trust, dated December 10, 2004,
between Xxxxx X. X. Xxxxxxxx as trustee, and Xxxxx Xxxxxx
Xxxxxxxx, creating a trust for the benefit of Xxxxx Xxxxxxx Xxxxxxxx
By: |
/s/ Xxxxx X. X. Xxxxxxxx | |
Name: Xxxxx X. X. Xxxxxxxx | ||
Title: Trustee |
16
Trust created by the Agreement, dated December 29, 1967, as
supplemented, amended and restated, between Xxxxxx X. Xxxxxx,
as trustee, and Xxxxxx X. Xxxxxx, creating a trust for the benefit of
Xxxxxx X. Xxxxxx
By: |
/s/ Xxxxxx X. Xxxxxx | |
Name: Xxxxxx X. Xxxxxx | ||
Title: Trustee |
17
/s/ Xxxxxx X. Xxxxxx |
Xxxxxx X. Xxxxxx |
18
Trust created by the Agreement, dated December 20, 1993, as
supplemented, amended, and restated, between Xxxxxxx X. Xxxxxx,
as trustee, and Xxxxxxx X. Xxxxxx, creating a trust for the benefit of
Xxxxxxx X. Xxxxxx
By: |
/s/ Xxxxxxx X. Xxxxxx | |
Name: Xxxxxxx X. Xxxxxx | ||
Title: Trustee |
19
Trust created by the Agreement, dated May 10, 2007, between
Xxxxxxx X. Xxxxxx, as co-trustee, and Xxxxx X. Xxxxxx, as co-trustee,
creating a trust for the benefit of Xxxx Xxxxxxxx Xxxxxx
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Co-Trustee
| ||
By: |
/s/ Xxxxxxx X. Xxxxxx | |
Name: Xxxxxxx X. Xxxxxx | ||
Title: Co-Trustee |
20
Trust created by the Agreement, dated May 10, 2007, between
Xxxxxxx X. Xxxxxx, as co-trustee, and Xxxxx X. Xxxxxx, as co-
trustee, creating a trust for the benefit of Xxxxxxx Xxxxxxxxx
Xxxxxx
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Co-Trustee
| ||
By: |
/s/ Xxxxxxx X. Xxxxxx | |
Name: Xxxxxxx X. Xxxxxx | ||
Title: Co-Trustee |
21
/s/ Xxxxxxxxx X. Xxxxxx |
Xxxxxxxxx X. Xxxxxx |
22
/s/ Xxxxx X. Xxxxxx |
Xxxxx X. Xxxxxx |
23
Trust created by the Agreement, dated August 20, 2009 between
Xxxxx X. Xxxxxx, as trustee, and Xxxxx X. Xxxxxx, creating a trust
for the benefit of Xxxxx X. Xxxxxx
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Trustee |
24
/s/ Xxxxx Xxxxxx Xxxxxx |
Xxxxx Xxxxxx Xxxxxx |
25
/s/ Xxxxx X. Xxxxxx |
Xxxxx X. Xxxxxx, as custodian for minor |
Xxxxxxxx Xxxxxxx Xxxxxx |
26
/s/ Xxxxxx Xxxxxx Xxxxxx |
Xxxxxx Xxxxxx Xxxxxx |
27
Xxxxxx X. X. Xxxxxx, trustee of the trust created by the agreement,
dated February 2, 2011, as supplemented, amended, and restated,
between Xxxxxx X. X. Xxxxxx, as trustee, and Xxxxxx X. X. Xxxxxx,
creating a trust for the benefit of Xxxxxx X. X. Xxxxxx
By: |
/s/ Xxxxxx X. X. Xxxxxx | |
Name: Xxxxxx X. X. Xxxxxx | ||
Title: Trustee |
28
Trust created by the Agreement, dated June 22, 1971, as
supplemented, amended and restated, between Claiborne X. Xxxxxx,
as trustee, and Claiborne X. Xxxxxx, creating a trust for the
benefit of Claiborne X. Xxxxxx
By: |
/s/ Claiborne X. Xxxxxx | |
Name: Claiborne X. Xxxxxx | ||
Title: Trustee |
29
Trust created under the Agreement dated June 1, 1995, as
supplemented, amended, and restated, between Xxxxx X. Xxxxxx,
as trustee, and Xxxxx X. Xxxxxx, creating a trust for the
benefit of Xxxxx X. Xxxxxx
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Trustee |
30
Trust created by the Agreement, dated January 13, 1998, as
supplemented, amended and restated, between Chloe R.
(Xxxxxx) Xxxxxxxx, as trustee, and Chloe R. (Xxxxxx) Xxxxxxxx,
creating a trust for the benefit of Chloe R. (Xxxxxx) Xxxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxxx | |
Name: Xxxxx X. Xxxxxxxx | ||
Title: Trustee |
31
/s/ Xxxxx Xxxxxxxx |
Xxxxx Xxxxxxxx |
32
Trust created by the Agreement, dated December 21, 2004,
between Xxxxx X. Xxxxxxxx, as trustee, and Claiborne X. Xxxxxx,
creating a trust for the benefit of Xxxxxx Xxxxxxxxx Xxxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxxx | |
Name: Xxxxx X. Xxxxxxxx | ||
Title: Trustee |
33
Trust created by the Agreement, dated December 21, 2004
between Xxxxx X. Xxxxxxxx, as trustee, and Claiborne X. Xxxxxx,
creating a trust for the benefit of Xxxxxxxx Xxxxx Xxxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxxx | |
Name: Xxxxx X. Xxxxxxxx | ||
Title: Trustee |
34
Trust created by the Agreement, dated December 21, 2004
between Xxxxx X. Xxxxxxxx, as trustee, and Claiborne X. Xxxxxx,
creating a trust for the benefit of Xxxxxx Xxxxxx Xxxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxxx | |
Name: Xxxxx X. Xxxxxxxx | ||
Title: Trustee |
35
Trust created by the Agreement, dated December 21, 2004, as
supplemented, amended, and restated, between Xxxxx X. (Xxxxxx)
Xxxxxxx, as trustee, and Xxxxx X. (Xxxxxx) Xxxxxxx, creating a trust for
the benefit of Xxxxx X. (Xxxxxx) Xxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxx | |
Name: Xxxxx X. Xxxxxxx | ||
Title: Trustee |
36
Claiborne X. Xxxxxx Trust for children of Xxxxx X. Xxxxxxx dated
December 27, 2013 under Custody Agreement dated
December 27, 2013 fbo Xxxxxx X. Xxxxxxx
By: |
/s/ Xxxxx X. Xxxxxxx | |
Name: Xxxxx X. Xxxxxxx | ||
Title: Trustee |
37
Trust created by the Agreement, dated August 25, 2000, as
supplemented, amended and restated, between Claiborne X. Xxxxxx,
Xx. as trustee, and Claiborne X. Xxxxxx, Xx., creating a trust for the
benefit of Claiborne X. Xxxxxx, Xx.
By: |
/s/ Claiborne X. Xxxxxx, Xx. | |
Name: Claiborne X. Xxxxxx, Xx. | ||
Title: Trustee |
38
Trust created by the Agreement, dated September 11, 1973, as
supplemented, amended and restated, between Xxxxx X. Xxxxxx,
as trustee, and Xxxxx X. Xxxxxx, creating a trust for the benefit
of Xxxxx X. Xxxxxx
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Trustee |
39
Trust created by the Agreement, dated September 11, 2000, as
supplemented, amended, and restated, between Xxxxxx X. Xxxxxx,
as trustee, and Xxxxxx X. Xxxxxx, creating a trust for the benefit of
Xxxxxx X. Xxxxxx
By: |
/s/ Xxxxxx X. Xxxxxx, Trustee | |
Name: Xxxxxx X. Xxxxxx | ||
Title: Trustee |
40
Xxxxxx X. Xxxxxx as trustee fbo X. Xxxxxxx Xxxxxx under
Irrevocable Trust No. 1, dated December 18, 1997 with
Xxxxx Xxxxxx, Grantor
By: |
/s/ Xxxxxx X. Xxxxxx, Trustee | |
Name: Xxxxxx X. Xxxxxx | ||
Title: Trustee |
41
Xxxxxx X. Xxxxxx, as trustee under Irrevocable Trust No 2,
dated September 11, 2000, for the benefit of X. Xxxxxxx Xxxxxx
By: |
/s/ Xxxxxx X. Xxxxxx, Trustee | |
Name: Xxxxxx X. Xxxxxx | ||
Title: Trustee |
42
Xxxxxx X. Xxxxxx as trustee fbo Xxxxxxxxx X. Xxxxxx under
Irrevocable Trust No. 1, dated December 18, 1997 with
Xxxxx X. Xxxxxx, Grantor
By: |
/s/ Xxxxxx X. Xxxxxx, Trustee | |
Name: Xxxxxx X. Xxxxxx | ||
Title: Trustee |
43
Xxxxxx X. Xxxxxx, as trustee under Irrevocable Trust No. 2, dated
September 11, 2000, for the benefit of Xxxxxxxxx X. Xxxxxx
By: | /s/ Xxxxxx X. Xxxxxx, Trustee | |
Name: Xxxxxx X. Xxxxxx | ||
Title: Trustee |
44
Trust created by the Agreement, dated September 28, 2000, as
supplemented, amended and restated, between Xxxxxx X. Xxxxxx, Xx.,
as trustee, and Xxxxx X. Xxxxxx, creating a trust for the benefit of
Xxxxx X. Xxxxxx
By: |
/s/ Xxxxxx X. Xxxxxx, Xx. | |
Name: Xxxxxx X. Xxxxxx, Xx. | ||
Title: Trustee |
45
The Xxxxx X. X. Xxxxxxxx Trust, Xxxxx X. X. Xxxxxxxx Trustee,
under agreement dated October 14, 2009
By: |
/s/ Xxxxx X. X. Xxxxxxxx | |
Name: Xxxxx X. X. Xxxxxxxx | ||
Title: Trustee |
46
Vested Trust for Xxxxxxxx Xxxxxxx Xxxxxx under agreement dated
December 4, 2015
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Trustee |
47
Vested Trust for Xxxxx X. Xxxxxx, Xx. under agreement dated
December 4, 2015
By: |
/s/ Xxxxx X. Xxxxxx | |
Name: Xxxxx X. Xxxxxx | ||
Title: Trustee |
48
Trust for the benefit of Matilda Xxxx Xxxxxxx u/a Xxxxxxxxx X.
Xxxxxx, dated December 27, 2013
By: |
/s/ Xxxxx X. Xxxxxxx | |
Name: Xxxxx X. Xxxxxxx | ||
Title: Trustee |
49
Trust for the benefit of Claiborne Read Xxxxxx III u/a Claiborne X.
Xxxxxx, dated August 26, 2016
By: |
/s/ Claiborne X. Xxxxxx, Xx. | |
Name: Claiborne X. Xxxxxx, Xx. | ||
Title: Trustee |
50