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RECORD 2: AGREEMENT OF MODIFICATION AND DECANTING UNDER 12 DEL. C. § 3528
SETTLOR/TRUSTEE: HARBOR TRUST COMPANY N.A. | CO-TRUSTEE: MARCUS V. STERLING
EXECUTION DATE: SEPTEMBER 22, 2018 | RE: THE STERLING 2018 APPOINTED TRUST
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RECITALS AND EXERCISE OF DECANTING AUTHORITY
Pursuant to Delaware Code Title 12, Section 3528 and the discretionary principal 
distribution authority granted under Article IV of the 1994 Trust Indenture, the 
Trustees hereby decant, appoint, and transfer 100% of the assets of Trust Share A into 
The Sterling 2018 Appointed Trust.

MODIFIED PROVISIONS OF APPOINTED TRUST

Item 1. Elimination of Mandatory Income Right
Item 4.2 of the 1994 Indenture is hereby modified and superseded in its entirety. The 
Trustees shall possess absolute and sole discretion regarding all distributions of net 
income and principal. No beneficiary, including Julian Sterling, shall possess any 
mandatory right to compel quarterly income distributions. All undistributed net income 
shall be added to principal annually.

Item 2. Expanded Discretionary Standard & Asset Protection
Distributions may be made for the beneficiary’s general welfare, business ventures, or 
emergency acquisition of residential real estate, subject to the consent of the 
Independent Distribution Advisor. Distributions shall be protected by the spendthrift 
provisions set forth in Delaware Code Title 12, Chapter 35.

Item 3. Limited Testamentary Appointment
Julian Sterling’s special power of appointment is preserved, subject to the condition 
that any appointment must be made by specific reference to this 2018 Appointed Trust 
in Julian's valid Last Will and Testament admitted to probate.
