FORM OF TRUST AGREEMENT OF [TRUST NAME]Trust Agreement • January 26th, 2022 • IEP Utility Holdings LLC • Natural gas transmisison & distribution • Delaware
This TRUST AGREEMENT of [TRUST NAME], a Delaware statutory trust (the “Trust”), dated as of [_______], 2022 (this “Agreement”), is made among (a) IEP Utility Holdings LLC, a Delaware limited liability company (the “Beneficiary”); (b) [_______], a natural person with a mailing address of [_______] (the “Managing Trustee”, together with such other person or persons who may from time to time be appointed as an additional Managing Trustee or as a successor to an Managing Trustee hereunder, the “Managing Trustee”); and (c) DELAWARE TRUST COMPANY, a Delaware trust company (the “Delaware Trustee”, and together with the Managing Trustee, the “Trustees”):
