This Master Trust Deed (the "Deed") is entered into on June 18, 2050, between [Your Name], from now on referred to as the "Trustee," and [Recipient Name], from now on referred to as the "Recipient," collectively referred to as the "Parties."
The Trustee is responsible for managing pension funds and seeks to establish a framework to govern the administration and management thereof. The Recipient wants to give its pension funds to the Trustee for management in accordance with the terms here.
"Trust Fund": Shall mean the collective assets held and managed by the Trustee on behalf of the Recipient.
"Trustee": Refers to [Your Name], the entity appointed to manage the Trust Fund.
"Recipient": Refers to [Recipient Name], the entity entrusting its pension funds to the Trustee.
"Beneficiaries": Shall mean the individuals entitled to receive benefits from the Trust Fund as per the terms herein.
Appointment: The Recipient hereby appoints the Trustee to act as the sole trustee of the Trust Fund.
Objective: The Trustee shall manage the Trust Fund in accordance with the instructions and objectives outlined by the Recipient and in compliance with applicable laws and regulations.
Powers of Trustee: The Trustee shall have full discretion and authority to invest, reinvest, manage, and distribute the assets of the Trust Fund in a manner deemed prudent and in the best interest of the Beneficiaries.
Reporting: The Trustee shall provide regular reports to the Recipient detailing the performance and status of the Trust Fund, including financial statements and investment activities.
Identification: The Trustee shall maintain accurate records identifying the Beneficiaries entitled to receive benefits from the Trust Fund.
Benefit Distribution: Benefits shall be distributed to the Beneficiaries in accordance with the provisions outlined in the governing documents of the Trust Fund.
Amendment: This Deed may be amended by mutual agreement of the Parties in writing.
Termination: This Deed may be terminated by mutual agreement of the Parties or upon fulfillment of the objectives outlined herein.
Governing Law: This Deed shall be governed by and construed in accordance with the laws of [Jurisdiction].
Entire Agreement: This Deed constitutes the entire agreement between the Parties concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral.
[Your Name]
[Date Signed]
[Recipient Name]
[Date Signed]
This Master Trust Deed is witnessed and signed on the day and the year first above written.
[Witness 1 Name]
[Date Signed]
[Witness 2 Name]
[Date Signed]
NOTARIZATION:
State of [STATE], County of [COUNTY]
On this [DATE], before me, a Notary Public in and for said county and state, personally appeared [Your Name], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
[NOTARY PUBLIC NAME]
Notary Public in and for [STATE]
My Commission Expires: [EXPIRATION DATE]
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