If the Board is satisfied that a person is a trustee of an Eligible Account with a defaulting bank, and that the beneficial owner of any such account has no other Eligible Accounts with the defaulting bank, the Board shall deem such beneficial owner as a separate Eligible Depositor and/or Investor. However, in the event that a beneficial owner of any of such Eligible Accounts held in the name of the trustee is the same owner of other Eligible Accounts at the defaulting bank, such accounts, including the account(s) registered in the name of trustee, shall be treated as a single Eligible Account.