Escrow Holder definition

Escrow Holder means the bank or trust company designated as such pursuant to Section 9 hereof.
Escrow Holder has the meaning given that term in Section 2.3(a).

Examples of Escrow Holder in a sentence

The Shares of Restricted Stock will be held by the Escrow Holder until such time as the Shares of Restricted Stock vest or the date Participant ceases to be a Service Provider.

The Escrow Holder will not be liable for any act it may do or omit to do with respect to holding the Shares of Restricted Stock in escrow while acting in good faith and in the exercise of its judgment.

The Escrow Holder will take all steps necessary to accomplish the transfer of Shares of Restricted Stock to Participant after they vest following Participant’s request that the Escrow Holder do so.

If Escrow Holder shall require further Escrow instructions, Escrow Holder may prepare such instructions on its usual form.

Upon Participant’s termination as a Service Provider for any reason, the Escrow Holder, upon receipt of written notice of such termination, will take all steps necessary to accomplish the transfer of the unvested Shares of Restricted Stock to the Company.


More Definitions of Escrow Holder

Escrow Holder. As defined in Section 3.1.
Escrow Holder shall have the meaning set forth in Section 3.6.
Escrow Holder means the Title Company unless otherwise agreed in writing by Buyer and Seller.
Escrow Holder means the Title Company.
Escrow Holder means First American Title Company.