Common use of Additional Escrow Clause in Contracts

Additional Escrow. All earnings and additional shares accrued on or attributable to the Parent Shares, arising, without limitation, as a result of stock splits, stock or cash dividends, recapitalizations and the like (the "Additional Escrow") shall be promptly deposited with Escrow Agent by Clearwire and, until disbursement, shall be held with the Parent Shares upon the terms and conditions set forth herein. The Additional Escrow shall be distributed in accordance with Section 2.4. Clearwire and the Licensees Representatives shall provide the Escrow Agent with such taxpayer identification numbers and related documentation as may be necessary for reporting of distributions of Additional Escrow.

Appears in 2 contracts

Sources: Master Royalty and Use Agreement (Clearwire Corp), Master Royalty and Use Agreement (Clearwire Corp)