Escrow Securities. To secure claims by OnHealth for indemnification pursuant to Article VII, $1.2 million of the OnHealth Common Shares issuable pursuant to this Agreement, determined based on the OnHealth Average Price and rounded to the nearest OnHealth Common Share, shall be held in escrow ("ESCROW SHARES") pursuant to the Escrow Agreement attached as Exhibit 1.7 ("ESCROW AGREEMENT"). Execution of the Escrow Agreement by the Shareholder is a condition to receiving OnHealth Common Shares. One half of the Escrow Shares will be released on the six month anniversary of the Closing Date, with the balance released on the one year anniversary of the Closing Date.
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Sources: Agreement and Plan of Reorganization (Onhealth Network Co), Agreement and Plan of Reorganization (Onhealth Network Co)