vacancy. Notwithstanding the foregoing, under no circumstances may the Grantor be designated as an additional or successor Trustee. There shall at all times be two Trustees acting hereunder. Designations shall be in writing and may be revoked in writing by the maker thereof at any time prior to the qualification of the Trustee so designated. Any Trustee may resign by giving notice to take effect on the date specified in said notice, except that his resignation shall not be effective until his successor qualifies to act. A Trustee may resign or qualify only by a written instrument mailed or delivered (i) to the Grantor, if living, or (ii) if the Grantor is not living to the other Trustee then acting, or if there is no other Trustee acting, to the person or persons then eligible to receive the income of the trusts, or in the case of a minor to his parent or guardian or the adult person with whom he resides. No Trustee acting hereunder shall be liable for any loss or damage which may occur hereunder, unless due to willful default, deliberate wrongdoing, or willful violation of an express provision hereof. No Trustee acting hereunder at any time, whether named herein or designated as herein provided, shall be required to (i) furnish any bond, 441314 I 12 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0096574 CONFIDENTIAL SDNY_GM_00242758 EFTA01391598