Stockholder Escrow Period. Subject to the terms of the Escrow Agreement, the Stockholder Escrow Fund shall be in existence immediately following the Effective Time and shall terminate at 11:59 p.m., Arizona time on the Stockholder Expiration Date, which shall be the Indemnification Completion Date (the "Stockholder Escrow Period").
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Xse, LLC), Subscription Agreement (Xhibit Corp.)
Stockholder Escrow Period. Subject to the terms of the Escrow Agreement, the Stockholder Escrow Fund shall be in existence immediately following the Effective Time and shall terminate at 11:59 p.m., Arizona Pacific time on the Stockholder Expiration Indemnification Completion Date, which shall be the Indemnification Completion Date (the "βStockholder Escrow Period"β).
Appears in 2 contracts
Samples: Merger Agreement (Bluephoenix Solutions LTD), Agreement and Plan of Merger (Bluephoenix Solutions LTD)
