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personal Agreements

Administration Agreement

November 23, 2011 by agri in personal Agreements with 0 Comments
An administration agreement is made between two parties; one of whom is the trustee while the other is the contributor. When the contributor sets up an administration account then the administration agreement is signed to ensure that the said trustee is able to handle administration of the contributor funded trust fund.

You can Download the Free Administration Agreement customize it according to your needs and Print. Administration Agreement is either in MS Word, Excel or in PDF.

Sample Administration Agreement

Administration Agreement

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This agreement is made between Contributor and Trustee on the effective date of 09th November, 2011.

Contributor represented by

Ms. Kaisa Harms

Address: 33501 S Dixie Hwy, Florida City, FL 33034

Contact number: (305) 242-4447

Trustee represented by

Mr. Jason Newstead

Address: 2100 88Th St, North Bergen, NJ 07047

Contact number: (201) 758-2810

Terms and Conditions:

  1. The Contribution shall be administered by the Trustee on behalf of the Contributor in accordance with the terms of this administration agreement and under the terms of the “Standard Provisions Act”.
  2. As long as the Contributor is the sole contributor to the Trust fund; the Contributor shall have to deposit the Contribution in equal installments in accordance with the schedule as discussed between the contributor and the trustee.
  3. The installments have to be deposited into such account with such bank as designated by the Trustee to the Contributor. The Contributor shall notify the Trustee regarding the amount of each installment in such bank during the time of deposit.
  4. If required, this administration agreement may be amended between the Contributor and the Trustee and the amendment will be legitimate only if it is in writing.

This Administration Agreement will only be effective from the date it is signed by the Contributor as well as the Trustee.

SIGNED FOR AND ON BEHALF OF CONTRIBUTOR BY:

…………………………………………………………….

Name:

SIGNED FOR AND ON BEHALF OF TRUSTEE BY:

…………………………………………………………….

Name:


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