Gift Trust Administration Form

GIFT TRUST ADMINISTRATION FORM

RECITALS

WHEREAS, Trust Name: was established by Grantor: under a written trust instrument dated (the "Trust").

WHEREAS, Grantor desires to engage Administrator to provide administrative services for gifts and assets held by the Trust and Administrator is willing to provide such services on the terms set forth in this Agreement; and

WHEREAS, Administrator: accepts appointment and agrees to administer the Trust in accordance with the trust instrument and applicable law, effective as of Effective Date: .

SCOPE OF WORK

Administrator shall perform trust administration services for the Trust including, but not limited to, identification and safekeeping of gift assets, valuation, investment oversight as directed by the trust instrument, preparation and delivery of required notices to beneficiaries, preparation of accountings and tax reporting, coordination of distributions to beneficiaries, and such other tasks as reasonably necessary to effectuate the purposes of the Trust. Specific duties and limits are described below and in the trust instrument.

PAYMENT TERMS

As consideration for services rendered, Grantor shall pay Administrator fees in accordance with the schedule below. Fees are exclusive of taxes and third-party expenses unless otherwise stated.

TERM AND TERMINATION

This Agreement commences on Start Date: and terminates on End Date: , unless earlier terminated in accordance with this section.

Either party may terminate this Agreement without cause by providing written notice to the other party not less than days prior to the intended termination date. Termination for cause may be effected immediately upon material breach by the other party if such breach is not cured within thirty (30) days after written notice specifying the breach.

Upon termination, Administrator shall deliver to Grantor or successor fiduciary all Trust records, cash and property, and a final accounting. Fees and expenses incurred through the effective date of termination shall be paid in accordance with the Payment Terms.

CONFIDENTIALITY

Administrator shall hold in strict confidence all non-public information obtained in connection with the administration of the Trust and shall not disclose such information except (i) as required by law or court order, (ii) to the beneficiaries or their authorized representatives to the extent required by the trust instrument, (iii) to Administrator's agents and professional advisors who have a need to know and who are bound by confidentiality obligations, or (iv) with prior written consent of Grantor. This obligation of confidentiality survives termination of this Agreement.

STANDARD OF CARE; INDEMNIFICATION

Administrator shall perform duties with the care, skill, prudence and diligence under the circumstances then prevailing that a reasonably prudent administrator would exercise in performing similar duties. Administrator shall not be liable for actions taken in good faith and in reliance upon the terms of the trust instrument, instructions of Grantor (if binding), or information provided by others. Grantor agrees to indemnify and hold Administrator harmless from any claims, liabilities, costs, or expenses arising from Administrator's reasonable performance of its duties, except to the extent such losses result from Administrator's gross negligence or willful misconduct.

RECORDS AND ACCOUNTING

Administrator shall maintain complete and accurate records of all transactions conducted on behalf of the Trust and shall provide periodic accountings to Grantor and beneficiaries as required by the trust instrument or by applicable law. Records shall be retained for a period consistent with legal requirements and industry practice.

GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of laws principles.

ENTIRE AGREEMENT

This Agreement, together with the trust instrument and any attachments or written amendments executed by the parties, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, representations, and understandings. No modification shall be effective unless in writing and signed by both parties.

AUTHORITY AND CERTIFICATION

Grantor and Administrator each represent and warrant that they have the authority to enter into this Agreement and to perform their obligations hereunder. Each party certifies that the information provided in this form is true and accurate to the best of its knowledge.

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