Common use of Reimbursement of Expenses of Escrow Agent Clause in Contracts

Reimbursement of Expenses of Escrow Agent. The BVI Shareholder and the Company each agree to reimbursement the Escrow Agent for any expenses reasonably incurred by the Escrow Agent in performing its functions as Escrow Agent pursuant to this Agreement (but excluding any such expenses arising out of the gross negligence or willful misconduct of the Escrow Agent).