Common Contracts

2 similar Funds Escrow Agreement contracts by Verso Technologies Inc

FUNDS ESCROW AGREEMENT
Funds Escrow Agreement • December 28th, 2007 • Verso Technologies Inc • Services-computer integrated systems design • New York

This Funds Escrow Agreement (this “Agreement”) is dated as of December 21, 2007 among Verso Technologies, Inc., a Minnesota corporation (“Verso”), Telemate.Net Software, Inc., a Georgia corporation, Verso Verilink, LLC, a Georgia corporation, sentitO Networks, Inc. a Delaware corporation, and Verso Backhaul Solutions, Inc., a Georgia corporation, (collectively, the “Companies” and each a “Company”), Valens U.S. SPV I, LLC, a Delaware limited liability company (the “Lender”), and Loeb & Loeb LLP (the “Escrow Agent”).

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FUNDS ESCROW AGREEMENT
Funds Escrow Agreement • December 28th, 2007 • Verso Technologies Inc • Services-computer integrated systems design • New York

This Funds Escrow Agreement (this “Agreement”) is dated as of December 21, 2007 among Verso Technologies, Inc., a Minnesota corporation (“Verso”), Telemate.Net Software, Inc., a Georgia corporation, Verso Verilink, LLC, a Georgia corporation, sentitO Networks, Inc. a Delaware corporation, and Verso Backhaul Solutions, Inc., a Georgia corporation, (collectively, the “Companies” and each a “Company”), Valens Offshore SPV II, Corp., a Delaware corporation (the “Lender”), and Loeb & Loeb LLP (the “Escrow Agent”).

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