EFTA00028554.pdf
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- pdf
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- data-set-8
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Extracted text
SECOND AMENDMENT TO RESTATED TRUST
THE JEFFREY E. EPSTEIN 2001 TRUST TWO
I am the Grantor of THE JEFFREY E. EPSTEIN 2001 TRUST
TWO ("the trust").
Pursuant to Article TWELFTH of the trust, I have the power to
amend the trust.
The trust was amended and restated on March 8, 2002 and was
further amended on January 13, 2004.
I hereby make this SECOND AMENDMENT to the Restated
Trust as follows:
FIRST
I hereby delete Article FIRST of the trust and substitute in its
place the following new Article FIRST:
"FIRST
The Trustees shall retain such property, IN TRUST, for the
following purposes:
(a)
During the life of the Grantor, to pay any part or all of
the income from such property and such sums from any part or all of the
principal of the trust as the Trustees, in their discretion, from time to time
determine for any reason whatsoever to, for, or on behalf of the Grantor.
Any income not so paid shall annually be added to the principal.
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(b)
On the death of the Grantor, the remaining income and
principal of the trust, including any property received by this trust as a result
of the Grantor's death pursuant to his will or otherwise shall be distributed
as follows:
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(i)
Two Million Dollars ($2,000,000) to
if she is then living.
(ii)
Two Million Dollars $2 000,000) to
, if she is then living.
(iii) Two Million Dollars ($2,000,000)
, if
to
he is then living.
(iv) One Million Dollars ($1,000,000) to
, if she is then living.
(v)
One Million Dollars ($1,000,000) to
if she is then living.
(vi)
One Million Dollars ($1,000,000) to
if she is then living.
(vii) One Million Dollars ($1,000,000) to
, if she is then
living.
$1 000 000 in equal shares
f they are both then living or all
to the survivor if only one of them is then living.
(ix)
Any remaining balance shall be distributed to the
Grantor's estate.
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IN WITNESS WHEREOF, the undersigned has executed this
SECO…
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