EX-25.1 13 a07-2195_1ex25d1.htm EX-25.1

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


FORM T-1

STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE


o CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

A National Banking Association

 

94-1347393

(Jurisdiction of incorporation or

 

(I.R.S. Employer

organization if not a U.S. national

 

Identification No.)

bank)

 

 

 

 

 

101 North Phillips Avenue

 

 

Sioux Falls, South Dakota

 

57104

(Address of principal executive offices)

 

(Zip code)

 

Wells Fargo & Company
Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)


EMC Corporation

(Exact name of obligor as specified in its charter)

Massachusetts

 

04-2680009

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)

 

176 South Street
Hopkinton, MA
(Address of principal executive offices)


1.75% Convertible Senior Notes due 2011

1.75% Convertible Senior Notes due 2013

(Title of the indenture securities)

 




Item 1.    General Information.  Furnish the following information as to the trustee:

(a)                                  Name and address of each examining or supervising authority to which it is subject.

Comptroller of the Currency
Treasury Department
Washington, D.C.

Federal Deposit Insurance Corporation
Washington, D.C.

Federal Reserve Bank of San Francisco
San Francisco, California 94120

(b)                                 Whether it is authorized to exercise corporate trust powers.

The trustee is authorized to exercise corporate trust powers.

Item 2.             Affiliations with Obligor.  If the obligor is an affiliate of the trustee, describe each such affiliation.

None with respect to the trustee.

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

Item 15.  Foreign Trustee.                 Not applicable.

Item 16.  List of Exhibits.                                                          List below all exhibits filed as a part of this Statement of Eligibility.

Exhibit 1.

A copy of the Articles of Association of the trustee now in effect.*

 

 

Exhibit 2.

A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**

 

 

Exhibit 3.

See Exhibit 2

 

 

Exhibit 4.

Copy of By-laws of the trustee as now in effect.***

 

 

Exhibit 5.

Not applicable.

 

 

Exhibit 6.

The consent of the trustee required by Section 321(b) of the Act.

 

 

Exhibit 7.

A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.

 

 

Exhibit 8.

Not applicable.

 

 

Exhibit 9.

Not applicable.


*      Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of Hornbeck Offshore Services LLC file number 333-130784-06.

**   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of Trans-Lux Corporation file number 022-28721.

*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25.1 to the Form S-4 dated May 26, 2005 of Penn National Gaming, Inc. file number 333-125274.




SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Philadelphia and Commonwealth of Pennsylvania on the 2nd day of February 2007.

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

 

 

 

/s/ Marvin Kierstead

 

 

Marvin Kierstead

 

Vice President




EXHIBIT 6

February 2, 2007

Securities and Exchange Commission
Washington, D.C.  20549

Gentlemen:

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

 

 

Very truly yours,

 

 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

 

 

 

 

 

/s/ Marvin Kierstead

 

 

Marvin Kierstead

 

Vice President




Exhibit 7

Consolidated Report of Condition of

Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business September 30, 2006, filed in accordance with 12 U.S.C. §161 for National Banks.

 

 

 

 

Dollar Amounts
In Millions

 

 

 

 

 

 

 

ASSETS

 

 

 

 

 

Cash and balances due from depository institutions:

 

 

 

 

 

Noninterest-bearing balances and currency and coin

 

 

 

$

12,568

 

Interest-bearing balances

 

 

 

2,329

 

Securities:

 

 

 

 

 

Held-to-maturity securities

 

 

 

0

 

Available-for-sale securities

 

 

 

47,734

 

Federal funds sold and securities purchased under agreements to resell:

 

 

 

 

 

Federal funds sold in domestic offices

 

 

 

4,359

 

Securities purchased under agreements to resell

 

 

 

1,055

 

Loans and lease financing receivables:

 

 

 

 

 

Loans and leases held for sale

 

 

 

39,455

 

Loans and leases, net of unearned income

 

240,414

 

 

 

LESS: Allowance for loan and lease losses

 

2,226

 

 

 

Loans and leases, net of unearned income and allowance

 

 

 

238,188

 

Trading Assets

 

 

 

3,850

 

Premises and fixed assets (including capitalized leases)

 

 

 

4,012

 

Other real estate owned

 

 

 

482

 

Investments in unconsolidated subsidiaries and associated companies

 

 

 

374

 

Intangible assets

 

 

 

 

 

Goodwill

 

 

 

8,912

 

Other intangible assets

 

 

 

18,523

 

Other assets

 

 

 

18,966

 

 

 

 

 

 

 

Total assets

 

 

 

$

400,807

 

 

 

 

 

 

 

LIABILITIES

 

 

 

 

 

Deposits:

 

 

 

 

 

In domestic offices

 

 

 

$

284,509

 

Noninterest-bearing

 

77,344

 

 

 

Interest-bearing

 

207,165

 

 

 

In foreign offices, Edge and Agreement subsidiaries, and IBFs

 

 

 

32,180

 

Noninterest-bearing

 

8

 

 

 

Interest-bearing

 

32,172

 

 

 

Federal funds purchased and securities sold under agreements to repurchase:

 

 

 

 

 

Federal funds purchased in domestic offices

 

 

 

3,274

 

Securities sold under agreements to repurchase

 

 

 

6,805

 

 




 

 

 

Dollar Amounts
In Millions

 

 

 

 

 

Trading liabilities

 

2,957

 

Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)

 

4,705

 

Subordinated notes and debentures

 

10,580

 

Other liabilities

 

16,959

 

 

 

 

 

Total liabilities

 

$

361,969

 

 

 

 

 

Minority interest in consolidated subsidiaries

 

58

 

 

 

 

 

EQUITY CAPITAL

 

 

 

Perpetual preferred stock and related surplus

 

0

 

Common stock

 

520

 

Surplus (exclude all surplus related to preferred stock)

 

24,751

 

Retained earnings

 

13,150

 

Accumulated other comprehensive income

 

359

 

Other equity capital components

 

0

 

 

 

 

 

Total equity capital

 

38,780

 

 

 

 

 

Total liabilities, minority interest, and equity capital

 

$

400,807

 

 

I, Karen B. Nelson, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

Karen B. Nelson

Vice President

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

Dave Hoyt

John Stumpf                                                          Directors

Carrie Tolstedt