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HomeMy WebLinkAbout10-19-11 (6)~. 'T'he T3er~e:~'c.ar~ shy::.? refur:d on d~m~~r~d x;11. ar any pa r. t:: ©f tote ~'~rti~1 I~isLr;ik~uti.an ~,.,~ the ca-exccutcrs ar thF.~ (7<•p'nans' ''a1~rt; c~termiries that such d-.:>tri~;uticn Jas irr~pr~;~perly m~~e. he ~enef .c~i<;~x.~y a~ ~~~es to indexiify tt~e ca--exccutars, thc~T•x x'e3srar~cti~Tt~ hE~i rs, suc;r«=:~:~ars, anti ~tt~arneys of ~~nci ~ r:;rn ~~~ "i C1.~~.R1.S, dG%1.C3Cls, a~ C{eP;cc~n~s ?~•~..ct~1.t1C~ ~C;7 ~;~lC' ~r'~x`C":1.i=.1.;. r'1.St:,C"i.~~.'~~1C;!CI. I1~T WI'.PN~SS 'tnT'FiEREC7F, a.7-~1 z~t.enc~inc~ tc~ k7~; 1.erg~l.:i_y l~~caun~~~ hc5x•e~~y, the: T3er;a~:ici~ry 'rtes :->;~gner~ this fir.,rer~~nent ar, t~hc~ ~:xat ~~~ t ~ : /- G-~u ~,~ 4~) I T??3 ~ ~ ~ / ~'~'i" F T Ik-~%~! -iTt~HMAF~K C~I2TCv~~ ~ T,A{;:F `"~__,_____C_(`~ny /~ ../A~. fin/ ,c __.___.. _ .....__® X~ ~.".' ~. n. t n C~.Tr. ~ c1 T7 f ~ i„ .~., ~. L e i r: ~. '1'h~.=. F~~neficary ~h:~:__ ~ xafund on d~rnar.d all fFx` any r~ai°t C~!' v~.c P~~~tic~l C~~.st:ributi~n _...~ the c~-c:xc;~;ta`nrs car the Orphans' ;~;~,{fY`t; ca~tp~`Inan~s ~.he t sucn d'~:a~r.z~;ut~.c:n wa`~ ~rrl~)r"~.~peri~' ~-~adr?. '~. ` he F~neficif~x`y a~::~~~~s to indemnify tt-~c ~;~-ex~~tatars, t~'7C.r' Y`£?SZ>C'C:f~1.ST~' }1C',1~'S, Slir'C+=:>~O"S, rind ~:ttf)rC1t~}'S C>~~r~nd fZi;l'(1, c~' clams, actions, Qr demands .~.~atin~ ra the Pa~t~iat, t~:ist.:x~.k>~`~i,c~r~. II+T WlTtrtESS WHEREOF, and _v~tend~.n~ ~°:Q k7c• i~r~a:~.Iy k:xcaunci hr:x`c~k~y, the ~3enef:i.c.iary has ::~ _~ned this ~arcr~ment :~r the ~.z~te i.r~d.r~aLed t~~?.c~>w. ~~~,~ e ~ /- G ~o ~l ~~; z°r~a~;~ ~ ~~~~ r «~ 1v~_- ~zcr;M~i~x c~l~~:ra~ ~ ~,~~::F; .__~'R~ts~~~__~ ______ ......m [E'r:tnt nan;e ~=znd t~.it~j . t ,1 C~ _ ~ , r~:- ~;, RECEIPT AND RELEASE OF SEC;t~ND PARTIAL ADVANCE DZST'lZI}3~JTI~7~ 1, the under5i ned au~.n~:°°_zed em to ec, a ree as t~d,~S~~~ ;~,, g '' ~ y g - tvr. ... , ~,~ i~~~I~7alr c~~ tY-ie below-listed ~a:~«::~ni~.atic~n ;tY~e "f3ene£ira(~~.+~,")=~ ^.~ _ 1.. `C'he lcrtt.~;i.c~:i.ary is 3:he same ©rganizrxt.cn r~ame;:i ~:s ~; k~ene~iciary under i:tern X c.f: ~::._,e Will cf" Glenn `:'. '-Io~~'rrian, decease~~i (the "Estate"? . ~'. Ors C~c;tober 2?_, ?_~1~:;, thc~ c:o-execut_c~rs ref t:h~~ r~'statc~, ~aT`if::> ?~. ?1<~=~rnan aril liei.di E'.;_~>i7er L~el7ay, fil.c~d the F' ,t<xte's 1="irst <~nd F'ina:l Ar:r,.ount {the "Rcco~~?,w„) and pra~as~d :~chedulc~ Uf C~ i st r a but icon {the "Schedule" ; :3. r~y crd~r dctnd T~ra'r~.~>a~.~r Z3, 2{~rte(~, tl",c~ [-]r>r?c.~r°ak~le J. rrlc~sl.ey Cpl er, .~r . confi:r~rr?eci t~°.~. ~rcc~unr abso~t:t~~l y ar.c~ c:l:i.:r.ec,ter~ distribution in accc7rdance w~~~~h the Schedule. £fi cr~~g= cif the order x~E~s been provided to t,."<~ 1:3ene£ic;iary and i.s incc~x-r~c~cated ley ref'erenc:e here:i.n.) ~ . '1'h~~ ~c7u~rt-approved -Viscount dl.rects arr in-kind distributi.,c~n c~ 422.75 share; o~ L'1`~7C t'~.nanca.fil. ;services ~,roup, Ir7c:. Common Stock £"PNt~ :3t©c:;" to the Benef:i.ciaxy. ~~. '~:Yre B~~nc>=.i.c:.aary au°:: ~arzes and da.re~r~ts the re- executc~.rs: {a) t.e~ i.ranster ~-1.?2 shares a~ 1:'I~C stowk tra t.:e l~eneticiary's brc~kerar3e a~:.~r,e~w~`~; ,',b} to sell. t.}7e B€.~ncaf:ic~~ry's I:: ac: C: :i.c:~rial share {.75) c~.f E'N=~ Stock; anti {c~; art?r paying the ~cnef.i.cz.ary's transactiflnal. ;::~sts, distribute any nc~t. S~~~IF r;rr~r~ceds t:o t:Y~rc~ E3Er~erl.c~l.ary, _;~gether wtr, .fi::~ :one-eight sYr~,x•{~ c~i- th~: r..r~sidue cf the Estate. ~_ 'T'}ja ~-?E?nC~S.r•7:'r~, ~,~;-~+~g,r1~r.~.g~S Y"~'C~'?.Tr C7~ X21 SY"'3rF`c n= }'Nt:; Stock, re~~resenting a se:::rici parta.a:l ad=ranr::e dstrk~ution (t`rze "Part:ic~l 1:7istribut.c~n") f its one-cic~Y,ti; x-esidu~:ry shaxc~ ca*: t:Yie >r~:~tate .:.n arccrdance w:itYk the Schedule. 7, The Y3r~r~e~i.r.:iary has su~~icier?t in~r~rmat.ian tc;; rr,s'~e ar in+`or.m~eri decision regardi.nq tine Partial Distr:ibutic~n. £3. T4~ the extent of to"w Partial [~lstra.b~.~t~~on, the none: ~iciary hereby waives its right tc~ a formal. ar-~.e,u,~t:£.r?~~ with t~hF} tar.phans' Caur.t and absc~lu`~cly and irrevocably -el cages and C'c;r°ever discharges the <.t7-exF~~ators, their ~esper.tive he~.r~, successors, anri attorneys, ca and f.rC)rn al.l t:~la~ms, actsons, or ~' ~ ;L ,~ RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUTION ~-~ ' ~_ ; i) ~ I, the undersigned authorized employee, agree as fo_1.l.ows on ~ '~~ behalf_ of the below-listed organization (the Benefici „~~„ 1. The Beneficiary is the same organization n.a~{~"+d as ~ ~~:~ pa beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (they "Estate"). 2. On October 22, 2010, the co-executors of the Estate, James A. Hoffman and Heidi Fisher DeDay, filed the Estate's First and Final Acc:ount (the "Account") and proposed Schedule of Distribution (the "Schedule") ~. Ly order dated November 23, 2010, the Honorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed distribution. i.n accordance with the Schedule. (A copy of: the order has been provided to the Beneficiary and is incorporated by reference herein.) 4. The Court-approved Account directs an in-kind distribution of 422.75 shares of_ PNC Financial Services Group, Inc. Common ~~tock ("PNC Stock") to the Beneficiary. 5. The: Beneficiary authorizes and directs the co- executors: (a) to transfer 422 shares of PNC stock to the Beneficiary'; brokerage account; (b) to sell the Beneficiary's fractional share (.75) of PNC Stock; and (c) after paying the Beneficiary'; transactional costs, distribute any net sale proceeds to the Beneficiary, together with its one-eight share of the residue of the Estate. 6. The Beneficiary acknowledges receipt of. 422 shares of PNC Stock, representing a second partial advance distribution (the "Partial. Distribution") of its one-eighth residuary share of the Estate ir.. accordance with the Schedule. 7. The Beneficiary has sufficient information. to make an informed derision regarding the Partial Distribution.. 8. To the extent of the Partial Distribution, the Beneficiary hereby waives its right to a formal accounting with the Orphans' Court and absolutely and irrevocably releases and forever discharges the co-executors, their respective heirs, successors, and attorneys, of and from all claims, actions, or demands. • • 9. The Beneficiary shall refund on demand all or any part of the Partial Distribution if the co-executors or the Orphans' Court determines that such distribution was improperly made. 10. The Beneficiary agrees to indemnify the co-executors, their respective heirs, successors, and attorneys of and f-rom all claims, acti-c>ns, or demands relating to the Partial Dist r.i-bution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the Beneficiary has signed this Agreement on the date indicated below. Date: ~~I-q~~~---- WITNESS/ATTEti>T: UNITED CEREBRAL PALSY OF CENTRAL PA ~~ G [Print name and title] ~, - - ,,,_ _.. - r i ~~ ~ .. _. ~~,F .. _ _ ~-J RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUTION ;~ i _~ :. . I, the undersigned authorized employee, agree as foll,~~~,~,c~ behalf of the below-listed organization (the "Beneficia~~~`~~"~~~ „ 1. The Beneficiary is the same organization r.amec~ a~` a' '~v'-, ~{=''; beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (the "Estate"). 2. On October 22, 2010, the co-executors of the Estate, James A. Hoffman and Heidi Fisher DeDay, filed the E;state's First and Final Account (the "Account") and proposed Schedule of: Distribution (the "Schedule") 3. By order dated November 23, 2010, the Honorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed distribution in accordance with the Schedule. (A copy of the order has been provided to the Beneficiary and is ir_corpor.ated by reference herein.) 4. The Court-approved Account directs an in-kind distribution of 422.75 shares of PNC Financial Services Group, Inc. Common ti>tock ("PNC Stock") to the Beneficiary. 5. The Beneficiary authorizes and directs the co- executors: (a) to transfer 422 shares of PNC stock to the Beneficiary's brokerage account; (b) to sell the Beneficiary's fractional share (.75) of PNC Stock; and (c) after paying the Beneficiary'; transactional costs, distribute any net sale proceeds to the Beneficiary, together with its one-eight share of the residue c>f the Estate. 6. `i'he Beneficiary acknowledges receipt of 422 shares of PNC Stock, representing a second partial advance distribution (the "Partial. Distribution") of its one-eighth residuary share of the Estate ir.~ accordance with the Schedule. 7. They Beneficiary has sufficient information to make an informed decision regarding the Partial Distribution. 8. `Po the extent of the Partial Distribution, the Beneficiary hereby waives its right to a formal accounting with the Orphans' Court and absolutely and irrevocably releases and forever discharges the co-executors, their r.especti_ve heirs, successors, and attorneys, of and from all claims, actions, or demands. 9. The Beneficiary shall refund on demand all or any part of the Part~a.l Distribution if the co-executors or the Orphans' Court determines that such distribution was improperly made. 10. They Beneficiary agrees to indemnify the ce-executors, their respective heirs, successors, and attorneys of and from all claims, actions, or demands relating to the Partial Distribution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the E>eneficiary has signed this Agreement on the date indicated below. Date : ~~-ao- /0 WITNESS/ATTEt~T: MASONIC HOMES d/b/a MASONIC VILLAGES OF THE GRAND LODGE OF PENNSYLVANIA ~tf~ U` , ~c ,~r+-~~ B y . T ose h E. Murp y EO ~ ~ '~.,- .. `~, _ . ;. RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUTION ~'~ I, the undersigned authorized employee, agree as follows on .. „ ^~GG~ !^~ behalf of the below-listed organization (the Beneficiar~r~{;,,,~,,_, ,J,-:`~~T l . The Beneficiary is the same organization nam~i%"~s a ; ~ ~ ',~ ~',~ beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (the "Estate"). 2. On October 22, 2010, the co-executors of the Estate, James A. Hoff-man and Heidi Fisher DeDay, filed the Estate's First and Final Account (the "Account") and proposed Schedule of Distribution (the "Schedule") 3. By order dated November 23, 2010, the Honorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed di.stributi.on in accordance with the Schedule. (A copy of the order has been provided to the Beneficiary and is incorporated by reference herein.) 4. They Court-approved Account directs an in-kind distribution of 422.75 shares of PNC Financial Services Group, Inc. Common Stock ("PNC Stock") to the Beneficiary. 5. They Beneficiary authorizes and directs the co- executors: (a) to transfer 422 shares of PNC stock to the Beneficiary'~~ brokerage account; (b) to sell the Beneficiary's fractional share (.75) of PNC Stock; and (c) after paying the Beneficiary's; transactional costs, distribute any net sale proceeds to the Beneficiary, together with its one-eight share of the residue c>f the Estate. 6. The Beneficiary acknowledges receipt of 422 shares of PNC Stock, representing a second partial advance distribution (the "Partial. Distribution") of its one-eighth residuary share of the Estate ire accordance with the Schedule. 7. They Beneficiary has sufficient information. to make an informed decision regarding the Partial Distribution. 8. To the extent of the Partial Distribution, the Beneficiary hereby waives its right to a formal accounting with the Orphans' Court and absolutely and irrevocably releasE~s and forever discharges the co-executors, their respective heirs, successors, and attorneys, of and from all claims, actions, or demands. .. 9. The Beneficiary shall refund on demand all or any part of the Partial Distribution if the co-executors or the Orphans' Court determines that such distribution was improperly made. 10. The Beneficiary agrees to indemnify the co-executors, their respective heirs, successors, and attorneys of and from all claims, acticns, or demands relating to the Partial Distribution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the Beneficiary has signed this Agreement on the date indicated below. Date : ____`_ / ~ ~~__~`~ WI ESS/ATTEST: ~ BIG 33 SCHOLARSHIP FOUNDATION ' it --~~ _ B ~" E y' l~x'«-~f.~~ /J,.-« fig [Print name and title] *- -- ~.. _ :.,- ~.. r ;r- RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUTION; _. f I, the undersigned authorized employee, agree as foll.ows~on behalf of they below-listed organization (the "Benefi~(_i~"): 1. The Beneficiar is the same or anizati ~~'~ ~~~~' ~~T Y g ry~~~e d ~.1~ ~,a, beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (they "Estate"). 2. On October 22, 2010, the co-executors of the Estate, James A. Hoffman and Heidi Fisher DeDay, filed the Estate's First and Final Account (the "Account") and proposed Schedule of Distribution (the "Schedule") 3. ~3y order dated November 23, 201.0, the i-Ionorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed distribution in accordance with the Schedule. (A copy of.. the order has been provided to the Beneficiary and is incorporated by reference herein.) 4. The° Court-approved Account directs an in-kind distribution of 422.75 shares of PNC Financial Services Group, Inc. Common Stock ("PNC Stock") to the Beneficiary. 5. The' Beneficiary authorizes and directs the co- executors: (a) to transfer 422 shares of PNC stock to the Beneficiary': brokerage account; (b) to sell the Beneficiary's fractional share (.75) of PNC Stock; and (c) after paying the Beneficiary's; transactional costs, distribute any net sale proceeds to the Beneficiary, together with its one-eight share of the residue of the Estate. 6. The Beneficiary acknowledges receipt of 422 shares of PNC Stock, representing a second partial advance distribution (the "Partial. Distribution") of its one-eighth residuary share of the Estate ire accordance with the Schedule. 7. They Beneficiary has sufficient information. to make an informed decision regarding the Partial Distribution.. 8. To the extent of the Partial Distribution, the Beneficiary rereby waives its right to a formal accounting with the Orphans' Court and absolutely and irrevocably releases and forever discharges the co-executors, their respective heirs, successors, and attorneys, of and from all claims, actions, or demands. 9. The. Beneficiary shall refund on demand all or any part of the Partial Distribution if trie co-executors or the Orphans' Court determines that such distribution was improperly made. 10. They Beneficiary agrees to indemnify the co-executors, their respective heirs, successors, and attorneys of and from all claims, actions, or demands relating to the Partial Distribution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the Beneficiary has signed this Agreement on the date indicated below. Date : ~~ ~6 i0 WITNESS/ATTEST: UNITED CEREBRAL PALSY Or' PENNSYLVANIA Y ~=t. - - ~li-1~ i~TT.~~- Cnhi,l t~ \ Board President [Print name and title] V ~ ~ t 1 r1'•~j \I ~,1 \1' ' 1;... .. .. _ '~.. _ (vl RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUZ'I01~1 '~ . ~ j ,~ I, the undersigned authorized employee, agree as fol~ows on behalf of the below-listed organization (the "Be ~~Y~~"): Vr`~~;r'f~~~ ,~ ;fir 1. The Beneficiary is the same organizat~mi~ ~l~~n~ed ~~a~ beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (the "Estate"). 2. On October 22, 2010, the co-executors of the Estate, James A. Hoffman and Heidi Fisher DeDay, filed the Estate's First and Final Account (the "Account") and proposed Schedule of= Distribute"on (the "Schedule") 3. By order dated November 23, 2010, the Honorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed distribution in accordance with the Schedule. (A copy of the order has been provided to the Beneficiary and is incorporated by reference herein.) 4. The Court-approved Account directs an in-kind distribute"on of 422.75 shares of PNC Financial Services Group, Inc. Common ~~tock ("PNC Stock") to the Beneficiary. 5. The Beneficiary authorizes and directs the co- executors: (a) to transfer 422 shares of PNC stock to the Beneficiary'; brokerage account; (b) to sell the Beneficiary's fractional share (.75) of PNC Stock; and (c) after paying the Beneficiary's, transactional costs, distribute any net sale proceeds to the Beneficiary, together with its one-eight share of the residue of the Estate. 5. The Benefi cl?ry ackno~~?ledges receipt o:~ 42% sh:~res of PNC Stock, representing a second partial advance distribution (the "Partial Distribution") of its one-eighth residuary share of the Estate in accordance with the Schedule. 7. The Beneficiary has sufficient information to make an informed decision regarding the Partial Distribution. 8. To the extent of the Partial Distribution, the Beneficiary hereby waives its right to a formal accounting with the Orphans' Court and absolutely and irrevocably releases and forever discharges the co-executors, their_ respective heirs, successors, and attorneys, of and from all claims, actions, or demands. 9. The Beneficiary shall refund on demand all or any part of the Partial Distribution if the co-executors or the Orphans' Court determines that such distribution was improperly made. 10. The Beneficiary agrees to indemnify the co-executors, their respect=ive heirs, successors, and attorneys of= and from all claims, actions, or demands relating to the Partial Distribution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the Feneficiary has signed this Agreement on the date indicated be]_ow. Date : r ~-- ~~ ~'~ WITNESS/ATTEST: HACC FOUNDATION By: TQy~iQ. y. gbrn-was, Cx~c_ 1>;rcc.~c ~ [Pri t name and title] .L RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUTION ~~~" __ ..~ ._ ~} I, the undersigned authorized employee, agree as follows on r~ ~ behalf of_ the below-listed organization (the "Benefi~~;~-a',~~~; ~ i'~ :, ~ I~ ~~T 1. The Beneficiary is the same organization ~i~~ied ~:~ ~;l ra beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (the "Estate"). 2. On October 22, 2010, the co-executors of the Estate, James A. Hoff=man and Heidi Fisher DeDay, filed the E;state's First and Final Account (the "Account") and proposed Schedule of Distribution (the "Schedule") 3. By order dated November 23, 2010, the Honorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed distribution in accordance with the Schedule. (A copy of the order has been provided to the E3enefici_ary and is incorporated by reference herein.) 4. The Court-approved Account directs an in-kind d.istr.ibution of 422.75 shares of PNC Financial Services Group, Inc. Common ti~tock ("PNC Stock") to the Beneficiary. 5. The Beneficiary authorizes and directs the co- executors: (a) to transfer 422 shares of PNC stock to the Beneficiary's; brokerage account; (b) to sell the Beneficiary's fractional share (.75) of PNC Stock; and (c) after paying the Beneficiary's transactional costs, distribute any net sale proceeds to the Beneficiary, together with its one-eight share of the residue c>f the Estate. 6. The Beneficiary acknowledges receipt of 422 shares of PNC Stock, representing a second partial advance distribution (the "Partial. Distribution") of its one-eighth residuary share of the Estate ir,. accordance with the Schedule. 7. The Beneficiary has sufficient information to :Hake an informed decision regarding the Partial Distribution. 8. To the extent of the Partial Distribution, the Beneficiary hereby waives its right to a formal accounting with the Orphans' Court and absolutely and irrevocably releases and forever discharges the co-executors, their respective heirs, successors, and attorneys, of and from all claims, actions, or demands. /. 9. The Beneficiary shall refund on demand all_ or any part of the Partial Distribution if the co-executors or t:he Orphans' Court determines that such distribution was improperly made. 10. The Beneficiary agrees to indemnify the co-executors, their respective heirs, successors, and attorneys of- and from all claims, actions, or demands relating to the Partial Distribution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the Beneficiary has signed this Agreement on the date indicated below. Date: 1~I13~ti0 WITNESS/ATTEti~T: WHITAKER CENTER FO By: Pr S CE & THE ARTS ., itle] J~. RECEIPT AND RELEASE OF SECOND PARTIAL ADVANCE DISTRIBUTION~J I, the undersigned, agree as follows on behalf of Capitol ,;: Dinner Theatre, Inc. (the "Benef.iciary") : L'orL'~ ;; ,h , '„ ~., ,_ - .. , r-a 1. The Beneficiary is the same organization named as a beneficiary under Item X of the Will of Glenn P. Hoffman, deceased (they "Estate"). 2. I a.m the Chapter 7 trustee (the "Trustee") in the pending bankruptcy of the Beneficiary, which is filed in the United States Bankruptcy Court for the Middle District of Pennsylvania, docketed at 1:08-bk-02834-MDF. 3. On October 22, 2010, the co-executors of the Estate, James A. Hoffman and Heidi Fisher DeDay, filed the Estate's First and Final Account (the "Account") and proposed Schedule of Distribution (the "Schedule") 4. By order dated November 23, 2010, the Honorable J. Wesley Oler, Jr. confirmed the Account absolutely and directed distribution in accordance with the Schedule. (A cc>py of_ the order has been provided to the Beneficiary and is incorporated by reference herein.) 5. The Court-approved Account directs an in-kind distribution of 422.75 shares of PNC Financial Services Group, Inc. Common ti>tock ("PNC Stock") to the Beneficiary. 6. ThE: Beneficiary's Trustee authorizes and directs the co-executors: (a) to sell its 422.'75 shares of PNC Stock; and (b) after paying the Beneficiary's transaction costs, distribute the net sale proceeds (the "Proceeds") to the undersigned Trustee, together with the Beneficiary's one-eight share of the residue of the Estate. ,` !~ 7. The Beneficiary's Trustee acknowledges receipt of the Proceeds, representing a second partial advance distribution (the "Partial Distribution") of its one-eighth residuary share of the Estate in accordance with the Schedule. 8. The Beneficiary's Trustee has sufficient information to make an informed decision regarding the Partial Distribution. 9. To the extent of the Partial Distribution, the Beneficiary hereby t~,e Gr.pi~ans' Court forever discr.arges successors, a.nd at demands. waives its right to a formal accounting with and absolutely anc~ irrevocably releases aiZd the co-executors, their respective heirs, torneys, of and from all claims, actions, or 10. The Beneficiary shall refund on demand all or any part of the Partial Distribution if the co-executors or the Orphans' Court determines that such distribution was improperly made. 11. The Beneficiary agrees to indemnify the co-executors, their respective heirs, successors, and attorneys of and from all claims, actic>ns, or demands relating to the Partial Distribution. IN WITNESS WHEREOF, and intending to be legally bound hereby, the E~eneficiary, by the undersigned Chapter 7 Trustee, has signed this Agreement on the date indicated below. Date : 121 u41 l1 WITNESS/ATTEST: J.._, ~~ ~ i, CAPIT L DINNER THEATRE, INC. B y `."~'T l~`'rb'T Lawrence V. Young, Chapter 7 Trustee for Capitol Dinner Theatre, Inc. 2