Common use of TRUST TERM Clause in Contracts

TRUST TERM. 2.1 This Trust begins on the date first indicated above, and ends on the date three (3) years following that date, unless earlier terminated by the beneficial owners of at least 60% of the Trust's shares of Stock or extended by the written agreement of the Trustees and all of the Stockholders.

Appears in 2 contracts

Sources: Voting Trust Agreement (Gimbel Geoffrey & Meyers Murray as Tr Un Vot Tr Dt as Oct797), Voting Trust Agreement (Gimbel Geoffrey & Meyers Murray as Tr Un Vot Tr Dt as Oct797)