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efta-efta01391592DOJ Data Set 10Correspondence

EFTA Document EFTA01391592

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DOJ Data Set 10
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efta-efta01391592
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EFTA Disclosure
Text extracted via OCR from the original document. May contain errors from the scanning process.
themselves, members of their respective families, their respective estates, their respective creditors or the creditors of their respective estates, except that nothing contained herein shall invalidate any dispositive grants made to any Trustee by the Grantor. SECOND With respect to each addition made to the trust, the Grantor's brother, MARK LAWRENCE EPSTEIN, shall have a right to withdraw from the trust property equal in value to the value of such addition, provided, however, that such withdrawal rights shall be reduced to the extent the aggregate withdrawal rights would exceed the annual exclusion amount with respect to such person in any one calendar year. Within sixty days of the receipt of each addition by the trust, the Trustees shall give written notice thereof to MARK LAWRENCE EPSTEIN, and of his right to make a withdrawal from the trust. The right to make a withdrawal shall be exercisable for a period of sixty days from the time the Trustees give written notice of receipt of an addition. After such sixty-day period, (i) such right shall continue but shall lapse as soon as and to the extent that such lapse shall not exceed, with respect to any calendar year, the greater of Five thousand dollars or Five percent of the value of the property out of which the exercise of the power 444314 1 3 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0096565 CONFIDENTIAL SDNY_GM_00242749 EFTA01391592

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