- 44 -
other charities during his lifetime. The
parties shall take all steps necessary to
establish and fund the four foundations with-
in ten (10) business days of the entry of the
Escrow Order.
* * * * * * *
H. NEW PLAN FOR ESTATES
* * * * * * *
In the event that assets remaining in
the Parents’ L.P. [ES3LP] as shown in column
G,[26] together with assets listed in column H
and other assets of E.E. Stone, III are not
sufficient to pay health, maintenance, and
other reasonable (1995 standard) expenses for
E.E. Stone, III and Allene W. Stone, the
deficit shall [be] borne equally by assets in
the four Children’s Limited Partnerships. If
the assets in the residuary estate of E.E.
Stone, III and the Parents’ L.P. are insuffi-
cient to pay estate tax or expenses of admin-
istration payable after their deaths, any
remaining estate tax or expenses of adminis-
tration shall be borne equally by assets in
the four Children’s Limited Partnerships.
* * * * * * *
The Children shall use their reasonable
best efforts to encourage E.E. Stone, III, to
agree to the following: (a) to rent the
Cherrydale house to Stone Manufacturing Co.
until it is sold to Stone Manufacturing Co.
for its fair market value as determined by a
competent appraiser (which appraisal shall
include, among other things the cost of the
rennovation [sic] and the new furniture and
fixtures) agreed to by the Buyer and Seller
and (b) to revise his Will accordingly. Upon
the * * * death of E.E. Stone, III, the nec-
26It is not clear from the record the columns to which
paragraph H of section III of the 1997 amended and restated plan
for settlement--trusts and estate referred.
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