Common use of FORM OF ESCROW RELEASE NOTICE Clause in Contracts

FORM OF ESCROW RELEASE NOTICE. Date: Signature Bank 500 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Ex Xxxxxx, Group Director & Senior Vice President Dear Mx. Xxxxxx: In accordance with the terms of paragraph 2(c) of an Escrow Deposit Agreement dated as of ________ __, 2015 (the “Escrow Agreement”), by and between Tantech Holdings Ltd. (the “Company”), Signature Bank (the “Escrow Agent”) and ViewTrade Securities, Inc. (“Placement Agent”), the Company and Placement Agent hereby notify the Escrow Agent that the ________ closing will be held on ___________ for gross proceeds of $_________. PLEASE DISTRIBUTE FUNDS BY WIRE TRANSFER AS FOLLOWS (wire instructions attached): Tantech Holdings Ltd.: $ ViewTrade Securities, Inc.: $ Very truly yours, Tantech Holdings Ltd. By: Name: Zxxxxxx Xxxx Title: Chairman ViewTrade Securities, Inc. By: Name: Dxxxxxx X. Xxxxxxxxx Title: Director, Investment Banking

FORM OF ESCROW RELEASE NOTICE. Date: Signature Bank 500 Xxxxx Xxxxxx, 00xx Xxxxx 000 Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Ex [Xxxxx Xxxxxx, Group Director & Senior Vice President President] Dear Mx[Xx. Xxxxxx]: In accordance with the terms of paragraph Section 2(c) of an Escrow Deposit Agreement dated as of ________ __August 7, 2015 2020 (the “Escrow Agreement”), by and between Tantech Ondas Holdings Ltd. Inc. (the “Company”), National Securities Corporation (the “Sales Agent”), and Signature Bank (the “Escrow Agent”) and ViewTrade Securities, Inc. (“Placement Agent”), the Company and Placement Sales Agent hereby notify the Escrow Agent that the ________ closing will be held on ___________ for gross proceeds of $_________. PLEASE DISTRIBUTE FUNDS BY WIRE TRANSFER AS FOLLOWS (wire instructions attached): Tantech Ondas Holdings Ltd.Inc: $ ViewTrade Securities, Inc.National Securities Corporation: $ Very truly yours, Tantech Holdings Ltd. ONDAS HOLDINGS INC. By: Name: Zxxxxxx Xxxx X. Xxxxx Title: Chairman ViewTrade Securities, Inc. and Chief Executive Officer NATIONAL SECURITIES CORPORATION By: Name: Dxxxxxx Xxxxxxxx X. Xxxxxxxxx Xxxx Title: DirectorEVP, Head of Investment BankingBanking EXHIBIT C CERTIFICATE OF AUTHORIZED REPRESENTATIVES – COMPANY Name Signature Initiate (Y/N) Callback (Y/N) Phone No. Alt. Phone No. Xxxx X Xxxxx ______________ Y Y Xxxxxxx Xxxxxx Y Y

FORM OF ESCROW RELEASE NOTICE. Date: Signature Bank 500 000 Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Ex Xx Xxxxxx, Group Director & Senior Vice President Dear MxXx. Xxxxxx: In accordance with the terms of paragraph 2(c) of an Escrow Deposit Agreement dated as of ________ __, 2015 (the “Escrow Agreement”), by and between Tantech Holdings Ltd. (the “Company”), Signature Bank (the “Escrow Agent”) and ViewTrade Securities, Inc. (“Placement Agent”), the Company and Placement Agent hereby notify the Escrow Agent that the ________ closing will be held on ___________ for gross proceeds of $_________. PLEASE DISTRIBUTE FUNDS BY WIRE TRANSFER AS FOLLOWS (wire instructions attached): Tantech Holdings Ltd.: $ ViewTrade Securities, Inc.: $ Very truly yours, Tantech Holdings Ltd. By: Name: Zxxxxxx Xxxxxxx Xxxx Title: Chairman ViewTrade Securities, Inc. By: Name: Dxxxxxx Xxxxxxx X. Xxxxxxxxx Title: Director, Investment Banking

FORM OF ESCROW RELEASE NOTICE. Date: ___, 2014 Signature Bank 500 Xxxxx 000 Xxxxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Ex Xxxxx Xxxxxx, Group Director & and Senior Vice President Fax: (000) 000-0000 Dear MxXx. Xxxxxx: In accordance with the terms of paragraph 2(c2(b) of an the Escrow Deposit Agreement Agreement, dated as of May ________ __, 2015 (the “Escrow Agreement”), 2014 by and between Tantech Holdings Ltd. PLC Systems Inc. (the “"Company”"), Signature Bank (the “"Escrow Agent”") and ViewTrade SecuritiesPalladium Capital Advisors LLC and Middlebury Securities (collectively, Inc. (“"Placement Agent”Agents"), the Company and Placement Agent Agents hereby notify the Escrow Agent that the ________ closing will be held on ___, 2014 for gross proceeds of $___________ for gross proceeds of $_________. PLEASE DISTRIBUTE FUNDS BY WIRE TRANSFER AS FOLLOWS (wire instructions attached): Tantech Holdings Ltd.__________________________: $ ViewTrade Securities, Inc.__________________________: $ __________________________: $ Signature Bank (Escrow Fee): $4,000 Very truly yours, Tantech Holdings Ltd. By: Name: Zxxxxxx Xxxx Title: Chairman ViewTrade Securities, PLC Systems Inc. By: Name: Dxxxxxx X. Xxxxxxxxx Title: Director, Investment BankingPalladium Capital Advisors LLC By: Name: Title: Middlebury Securities By: Name: Title: