Common use of Terms of Escrow Clause in Contracts

Terms of Escrow. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the Shares, as well as blank stock powers with respect thereto, pursuant to the terms hereof. The Shares and blank stock powers will be held by the Escrow Agent in a secured location.

Appears in 9 contracts

Samples: Escrow Agreement (Heratsi Pharmaceuticals), Escrow Agreement (Narek Pharmaceuticals), Escrow Agreement (Narek Pharmaceuticals)

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Terms of Escrow. 1.1 The parties hereby agree to establish an escrow account with the Escrow Agent whereby the Escrow Agent shall hold the Shares, as well as blank stock powers with respect thereto, pursuant Shares subject to the terms hereof. The Shares and blank stock powers will be held by the Escrow Agent in a secured locationthis Agreement.

Appears in 1 contract

Samples: Escrow Agreement (Sibling Entertainment Group, Inc.)

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