Nonjudicial Settlement Agreement: Approval Of Accounts, Termination Of Trust And Release And Indemnification Of Trustee (Page 3 of 4) in pdf

administration and termination of the Trust. The Qualified Beneficiaries further agree,

jointly and severally, to indemnify and hold the Trustee harmless from and against any

liability, losses, damages, judgments, taxes, interest, penalties, and expenses

(including reasonable attorney’s fees, court costs and expert witness fees), which the

Trustee may at any time incur as a result of the administration or termination of the

Trust.

Counterparts. This Agreement may be executed in counterparts, and

each such counterpart will be deemed to be an original instrument, but all such

counterparts together will constitute but one agreement.

Cooperation. The interested parties agree to execute any documents and

take such further action necessary to carry out the terms of this Agreement and cause it

to be fully effective.

Severability. If any one or more of the provisions of this Agreement is

held to be invalid or unenforceable, the validity and enforceability of all other provisions

of this Agreement will not be affected.

Authority to Execute. The interested parties represent and warrant that

they have complete authority to enter into this Agreement.

Representation by Counsel. The interested parties represent that they are

fully aware of the terms of this Agreement, and that they have had the opportunity to

have this Agreement reviewed by independent legal counsel and have had the

opportunity to obtain legal advice in connection with this Agreement.

Voluntary Nature. This Agreement has been entered into voluntarily by

each of the interested parties, free of any duress or coercion.

10.

Governing Law. The laws of the state of Wisconsin shall govern the

interpretation of this Agreement, without regard to any conflict of law principles.

11.

Venue. The interested parties agree that all actions or proceedings

arising out of or from or related to this Agreement shall be litigated only in _______

County, Wisconsin. Each interested party consents and submits to the jurisdiction of

any local, state, or federal court located within ___________ County, Wisconsin, and

waives any rights it may have to transfer or change the venue of any such action or

proceeding.

12.

Binding Effect. All the terms of this Agreement shall be binding upon and

shall inure to the benefit of and shall be enforceable by the interested parties and the

respective estates, heirs, beneficiaries, legatees, distributees, transferees, successors,

assigns, and legal representatives of the interested parties, and for all persons claiming

by, through, or under any or all of them.

Drafted 6/26/2015

Nonjudicial Settlement Agreement: Approval Of Accounts, Termination Of Trust And Release And Indemnification Of Trustee Page 3