Common use of Compensation of the Escrow Agent Clause in Contracts

Compensation of the Escrow Agent. 7.1. The Escrow Agent shall be entitled to compensation in the amount of $100.00 for services rendered by it hereunder. The Escrow Agent shall also be entitled to reimbursement for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all reasonable counsel, advisors' and agents' fees and disbursements.

Appears in 3 contracts

Samples: Escrow Agreement (International Test Systems Inc), Escrow Agreement (International Test Systems Inc), Escrow Agreement (International Test Systems Inc)

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Compensation of the Escrow Agent. 7.1. 7.1 The Escrow Agent shall be entitled to compensation in the amount of $100.00 2,500 for services rendered by it hereunder. hereunder.n The Escrow Agent shall also be entitled to reimbursement for all reasonable expenses paid or incurred by it in the administration of its duties hereunder, including, but not limited to, all reasonable counsel, advisors' and agents' fees and disbursements.

Appears in 1 contract

Samples: Escrow Agreement (International Test Systems Inc)

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