Master Trust Agreement (Genie AI)
About this template
The Master Trust Agreement (Genie AI) under USA law is a legal template that establishes the terms and conditions for creating and managing a trust arrangement involving artificial intelligence technology developed by Genie AI. This agreement outlines the rights, obligations, and responsibilities of the parties involved, including the trust settlor (the individual or entity creating the trust), the trustee (the person or entity responsible for managing the trust assets and operations), and the beneficiaries (those who are entitled to receive benefits from the trust). The template covers various aspects of the trust, such as the purpose, duration, and termination provisions, the management and administration of assets by the trustee, the distribution and allocation of benefits to the beneficiaries, and the governing law and jurisdiction that applies to the trust. It may also include provisions related to the use, ownership, and protection of the Genie AI technology within the trust structure. This legal template offers a framework for establishing a legally sound and comprehensive trust arrangement involving Genie AI technology while ensuring compliance with relevant USA laws and regulations governing trusts.