HD » Topics » SECTION 8 COMPENSATION AND EXPENSES OF TRUSTEE

This excerpt taken from the HD 10-K filed Mar 29, 2007.

SECTION 8
COMPENSATION AND EXPENSES OF TRUSTEE

        (a)   TAXES AND EXPENSES. Trustee shall pay out of the Trust Fund all real and personal property taxes, income taxes and other taxes of any and all kinds levied or assessed under existing or future laws against the Trust Fund and shall reimburse the Company for any such taxes levied or assessed against it with respect to Trust assets. Brokerage fees, commissions, stock transfer taxes and other charges and expenses attributable to any investment fund shall be charged to such investment fund.

        (b)   COMPENSATION. The Company shall pay all administrative and Trustee's fees and expenses. Such compensation and expenses if not paid by the Company within 60 days of having received the Trustee's invoice for such fees and expenses shall be withdrawn by Trustee out of the Trust Fund.

"SECTION 8 COMPENSATION AND EXPENSES OF TRUSTEE" elsewhere:

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