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Section 7. Express Powers of Trustee. Without in any way limiting the powers and <br /> discretion conferred upon the Trustee by the other provisions of this Agreement or by law,the <br /> Trustee is expressly authorized and empowered: <br /> (a)to make, execute, acknowledge and deliver any and all documents of transfer <br /> and conveyance and any and all other instruments that may be necessary or appropriate to carry <br /> out the powers herein granted; <br /> (b)to register any securities held in the Fund in its own name or in the name of a <br /> nominee and to hold any security in bearer form or in book entry, or to combine certificates <br /> representing such securities with certificates of the same issue held by the Trustee in other <br /> fiduciary capacities, or to deposit or arrange for the deposit of such securities in a qualified <br /> central depositary even though, when so deposited, such securities may be merged and held in <br /> bulk in the name of the nominee of such depositary with other securities deposited therein by <br /> another person, or to deposit or arrange for the deposit of any securities issued by the United <br /> States federal government or any United States state government, or any agency or <br /> instrumentality thereof, with a Federal Reserve bank, but the books and records of the Trustee <br /> shall at all times show that all such securities are part of the Fund; and <br /> (c)to deposit any cash in the Fund in interest-bearing accounts maintained or <br /> savings certificates issued by the Trustee, in its separate corporate capacity, or in any other <br /> banking institution affiliated with the Trustee, to the extent insured by an agency of the United <br /> States federal government. <br /> Section 8. Taxes and Expenses. All taxes of any kind that may be assessed or levied <br /> against or in respect of the Fund shall be paid from the Fund. All other expenses and charges <br /> incurred by the Trustee in connection with the administration of the Fund and this Trust shall be <br /> paid by the Grantor. <br /> Section 9. Annual Valuation. The Trustee shall annually, no more than 30 days after the <br /> anniversary date of establishment of the Fund, furnish to the Grantor and to the Beneficiary a <br /> statement confirming the value of the Trust. The annual valuation shall include an accounting of <br /> any fees or expenses levied against the Fund. The Trustee shall also provide such information <br /> concerning the Fund and this Trust as the EPA may request from time to time. <br /> Section 10. Advice of Counsel. The Trustee may from time to time consult with counsel <br /> with respect to any question arising as to the construction of this Agreement or any action to be <br /> taken hereunder;provided,however,that any counsel retained by the Trustee for such purposes <br /> may not, during the period of its representation of the Trustee, serve as counsel to the Grantor or <br /> the Beneficiary. <br /> Section 11. Trustee Compensation. The Trustee shall be entitled to reasonable <br /> compensation for its services as agreed upon in writing with the Grantor and as notified in <br /> writing to the Beneficiary [insert as appropriate: provided,however,that the Trustee shall have <br /> 7 <br />