EX-99.7 8 tm216704d2_ex99-7.htm EXHIBIT 99.7

 

Exhibit 99.7

AMENDMENT
TO
TEEBANK LIMITED PARTNERSHIP AGREEMENT

 

The undersigned, being all of the partners in Teebank Limited Partnership (“Partnership”), hereby amend the provisions of that certain Limited Partnership Agreement dated January 1, 2006 (“Agreement”) in accordance with Section 14.1 of the Agreement.

 

Addition of Paragraph 7.1(g) to Article 7 of the Agreement

 

New paragraph 7.1(g) will read as follows:

 

7.1 (g) Notwithstanding any other provision of this Agreement to the contrary, an existing partner that contributes assets to the Partnership shall receive one General Partnership unit and an additional pro rata number of Limited Partnership units. The one general partnership unit will be freely transferable to any other partner, and the general partner who owns such unit may, so long as such general partner owns any limited partnership units issued at the same time as the one general partnership unit, withdraw the assets contributed (including all proceeds received in exchange for such assets and any undistributed income attributable to such assets) at any time by giving written notice to the remaining General Partners. In all other respects, the owner of the one general partnership unit will be a General Partner as provided in this Agreement.

 

In all other respects, the Partnership Agreement, as initially adopted effective January 1, 2006, will remain in full force and effect.

 

In order to evidence their understanding of and agreement to all the terms and conditions of this instrument, the parties have signed multiple copies of this Agreement, each one of which, when signed by all the parties, will be considered an original.

 

Date: August 14, 2020

 

General Partners:   Limited Partners:
     
Jean S. Trager Irrevocable Trust dated July 31, 2006   /s/ Scott Trager
    Scott Trager
By: /s/ Steven E. Trager      
  Steven E. Trager, Co-Trustee   /s/ Andrew Trager-Kusman
    Andrew Trager-Kusman
   
Steven E. Trager Revocable Trust dated October 3, 2014 as amended   /s/ Kevin Trager
    Kevin Trager

 

 

 

 

By: /s/ Steven E. Trager      
  Steven E. Trager, Trustee    

 

    /s/ Michael Trager-Kusman
    Michael Trager-Kusman
     
    /s/ Brett Kusman
    Brett Kusman
     
    /s/ Emily Trager
    Emily Trager
     
    Jean S. Trager Revocable Trust dated June 8, 2017
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Steven E. Trager Revocable Trust dated October 3, 2014 as amended
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Bernard Trager Revocable Trust dated February 5, 2012 (Jean S. Trager Marital Trust)
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Andrew Kusman Trust dated December 27, 1989
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Andrew Trager-Kusman Trust of 2011 dated August 1, 2011
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee

 

 

 

 

    Michael Kusman Trust dated December 27, 1989
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Michael Trager-Kusman Trust of 2011 dated August 1, 2011
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Kevin Trager Trust dated December 27, 1989
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Kevin Trager Grantor Trust of 2011 dated August 1, 2011
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Brett Kusman Trust dated January 2, 1992
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Brett Kusman Trust of 2011 dated August 1, 2011
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Emily Trager Trust dated June 1, 1992
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee

 

 

 

 

    Emily Trager Grantor Trust of 2011 dated August 1, 2011
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
       
    Shelley Kusman Irrevocable Trust dated January 13, 2004
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Kevin Trager Irrevocable Trust dated June 22, 2009
     
    By: /s/ Sheldon G. Gilman
      Sheldon G. Gilman, Trustee
     
    Kevin Trager Trust of 2012 dated November 7, 2012
     
    By: /s/ Sheldon G. Gilman
      Sheldon G. Gilman, Trustee
     
    Emily Trager Irrevocable Trust dated June 22, 2009
     
    By: /s/ Sheldon G. Gilman
      Sheldon G. Gilman, Trustee
     
    Emily Trager Trust of 2012 dated November 7, 2012
     
    By: /s/ Sheldon G. Gilman
      Sheldon G. Gilman, Trustee

 

 

 

 

    Trager Trust of 2012 dated November 9, 2012
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Trustee
     
    Jean S. Trager Irrevocable Trust dated July 31, 2006
     
    By: /s/ Steven E. Trager
      Steven E. Trager, Co-Trustee
     
    Steven E. Trager Irrevocable Trust dated December 10, 2018
     
    By: /s/ Amy Trager
      Amy Trager, Co-Trustee
     
    Shelley Trager Kusman 2018 Irrevocable Trust dated November 5, 2018
     
    By: /s/ Andrew Trager-Kusman
      Andrew Trager-Kusman, Co-Trustee