EFTA01145985Set 9
46p13,969w
Code and the Treasury
Regulations promulgated thereunder; and
(2) the Independent Trustees shall have such power to modify the terms of
this Article, other than this section ... Settlor's creditors or
the creditors of the Settlor's estate.
(B) Scope of Independent Trustees' Modification Power. (1) Subject to
Article II(K)(2), at any time or from ... time to time during a Modification Period, the Independent
Trustees, by unanimous consent of all of the Independent Trustees, may modify the terms of this
Trust Agreement
https://www.justice.gov/epstein/files/DataSet%209/EFTA01145985.pdf
EFTA01111564Set 9
59p18,047w
Trustees shall pay or apply as much of the Trust Fund
as the Independent Trustees, in their sole discretion, shall determine, to or for the benefit of such ... more of them) and in such
amounts or proportions as the Independent Trustees, in their sole discretion, shall determine.
Payments or applications pursuant to this section may be made ... exercising the discretion granted in this section, the
ANS5 39479462.3.088835.00 I I
EFTA01111566
Independent Trustees need not, but may, consider such of the financial resources apart from the
Trust
https://www.justice.gov/epstein/files/DataSet%209/EFTA01111564.pdf
EFTA00970674Set 9
2017-10-287p1,912w
subject
> to your approval. If they agree to resign you can find a new
> independent trustee whom they can appoint. If not, you can remove them
> but only with ... could then appoint a successor. You would need to find an independent
> trustee. I can help you craft a letter to your daughters if you think
> they might agree ... that I need to review more closely
> is that Harry, not being the independent trustee, should not have a
> say in the distribution decision. If there is nothing
https://www.justice.gov/epstein/files/DataSet%209/EFTA00970674.pdf