Deposit in Escrow. Upon issuance, the certificates for the Shares shall be deposited in escrow with the Company to be held in accordance with the provisions of this Section 4. Each deposited certificate shall be accompanied by a duly executed Assignment Separate from Certificate in the form of Exhibit B. The deposited certificates, together with any other assets or securities from time to time deposited with the Company pursuant to the requirements of this Agreement, shall remain in escrow until such time or times as the certificates (or other assets and securities) are to be released or otherwise surrendered for cancellation in accordance with Section 4.3.
Appears in 3 contracts
Sources: Exploration License Transfer Agreement (AuraSource, Inc.), Exploration Licenses Transfer Agreement (AuraSource, Inc.), Exploration Licenses Transfer Agreement (AuraSource, Inc.)