Deed of Trust Sample
Deed of Trust Sample
Deed of Trust Sample
1. TRUSTEE holds legal title to the Shares for and in behalf of the
TRUSTOR who is the true and beneficial owner thereof. Any and all
payments made by TRUSTEE on the Shares, including, but not limited
to, the subscription payments thereof, were funded by, and made in
behalf and for the benefit of, the TRUSTOR.
2. All dividends, whether cash, stock or property, rights and other fruits or
avails accruing to or on the Shares shall be for the account and benefit
of TRUSTOR, and accordingly, TRUSTEE shall deliver the same to
TRUSTOR or to whoever the latter may designate.
4. TRUSTOR shall hold TRUSTEE free and harmless from any liability,
whether for taxes or otherwise, that may arise as a result of TRUSTEEs
holding title to the Share.
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Declaration of Trust. . .
8. The TRUSTEE shall not sell, transfer, assign or pledge his shares of
stocks or a portion thereof or percentage thereof without the consent or
approval of the TRUSTOR.
9. TRUSTEE shall not exercise, in relation to his existing stocks, any right
of first refusal on succeeding stocks called for subscription, unless the
TRUSTOR allows the same.
_________________________________ ________________________________
Name of Buyer
Trustee TRUSTOR
_________________________ ______________________
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Declaration of Trust. . .
ACKNOWLEDGMENT
This Declaration of Trust, which consists of three (3) pages including this
page where this acknowledgment is written, has been signed on each and every
page thereof by the parties and their witnesses.
WITNESS MY HAND and SEAL, at the date and place first above-
written.
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