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Stone equal to any future gifts made from such column
8, 9, and 10 assets in the Exhibit “A” Chart, before
calling on the other three children for parental care
contributions, with each Child agreeing to contribute a
pro rata share of any remaining shortfall from either
personal assets, or * * * assigned income rights from
his or her respective Limited Partnership Interests.
Provided however, that any further gifts made from such
assets now shown on the chart shall first be offset by
contributions of Jack Stone Family Limited Partnership.
* * * * * * *
In order to protect Mary Fraser on the Cedar
Mountain Division, a provision will be included in the
Family Settlement Agreement recognizing the Children’s
agreement that Mary Stone Fraser or her Limited Part-
nership will receive the 1,045.415-acre * * * parcel
* * * and that the remainder interest in the remaining
582.672 acres will be given to one or more 501-C-3
charitable organizations recommended by Mary Fraser
which are mutually agreeable to Mr. Stone and the other
Children, with Mr. Stone retaining a life estate in the
582.672 acres. The Children shall use their reasonable
best efforts to encourage Mr. Stone to convey the
582.672-acre Cedar Mountain property remainder interest
according to the foregoing provision.
The Family Settlement Agreement will acknowl-
edge that in the event Mr. Stone executes a new Will,
Codicil or other agreement which does not conform to
the distribution outlined in the Chart, the Children
nonetheless agree to abide by the terms of such distri-
bution in the Chart as a Family Settlement Agreement
pursuant to SC Code Sec. 62-3-1101, et seq.; and * * *
to include whatever provisions are necessary to pre-
serve any applicable marital deductions.
The 1996 amendment to the 1994 plan for settlement also
provided in part as follows:
9. The Family Estate Plan set forth herein
represents a compromise by the parties. There shall be
no implementation of the Family Estate Plan * * *
unless and until there is an agreement between the
parties [in the litigation among the children] to an
Amended and Restated Plan for Settlement.
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