ContractHTM Stock Escrow Agreement • May 5th, 2020 • Connecticut
EX-10.1 5 ex10_1.htm STOCK ESCROW AGREEMENT Exhibit 10.1 STOCK ESCROW AGREEMENT This Escrow Agreement is entered into as of April 1, 2008, by and among Songzai International Holding Group Inc., a Nevada corporation (the “Buyer”); Heilongjiang Xing An Mining Development Group Co., Ltd., a People’s Republic of China limited liability company (“Xing An Mining”), GONG Mingshu, a natural person, YUE Yunjia, a natural person, YUE Yunpeng, a natural person, and YUE Guoqing, a natural person; and U.S. Bank National Association, a national banking association (the “Escrow Agent”), as escrow agent. WHEREAS, the Buyer and Shareholders, among others, have entered into an agreement dated December 31, 2008 (the “Stock Purchase Agreement”) pursuant to which certain shares of stock of Buyer have been withheld and are to be placed in escrow as a source of the payment for any indemnified claims that may arise pursuant to the Stock Purchase Agreement; and WHEREAS, the Interested Parties wish to engage th
