The Agreement Between Trust And Company serves as a crucial document when a trust entity needs to formalize its relationship with a corporate entity in the United States. This agreement is commonly used when trusts engage in business relationships, investment activities, or service arrangements with companies. The document addresses key aspects such as fiduciary responsibilities, compliance with trust and corporate laws, financial terms, and risk allocation. It's particularly important in scenarios involving asset management, business operations, or service provision where clear delineation of rights and responsibilities is essential under U.S. federal and state jurisdictions.
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1. Parties: Identifies the Trust and Company, including their legal names, addresses, and registration details
2. Background/Recitals: Sets out the context and purpose of the agreement, including trust details and business relationship
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Agreement: Outlines the primary purpose and scope of the relationship between Trust and Company
5. Rights and Obligations: Details the specific rights and responsibilities of both parties
6. Term and Termination: Specifies duration of agreement and conditions for termination
7. Governing Law: Specifies applicable jurisdiction and law
8. Execution: Signature blocks and execution requirements
1. Financial Provisions: Details of payments, fees, or financial arrangements - use when financial transactions are involved
2. Confidentiality: Provisions for handling confidential information - use when sensitive information will be shared
3. Intellectual Property: IP rights and obligations - use when IP assets are involved
4. Dispute Resolution: Procedures for handling disputes - use when specific dispute resolution mechanisms are desired
5. Assignment: Rights to assign the agreement - use when transfer rights need to be addressed
1. Trust Deed Extract: Relevant portions of trust deed showing authority to enter agreement
2. Corporate Resolution: Company's authorization to enter into agreement
3. Service Schedule: Detailed description of services or arrangements when service-based agreements are involved
4. Fee Schedule: Breakdown of fees and payment terms when financial arrangements are complex
5. Asset Schedule: List of relevant assets covered by agreement when specific assets are involved
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