Walter GRAT

Walter GRAT. Any grantor retained annuity trust existing as of the date of this Agreement or created in the future (a) of which Walter is the trustee and (b) whose residual beneficiaries are Members of the Immediate Family of Walter. The term "Walter GRAT" shall also include that certain intentionally defective grantor retained annuity trust existing as of the date of this Agreement (a) of which Walter's brother, Peter A. Walter, is the trustee and (b) whose residual beneficiaries are Walter and/or Members... of the Immediate Family of Walter. View More