Provisions Concerning the Escrow Agent. 10.1. This Escrow Agreement sets forth, exclusively, the duties of the Escrow Agent and no additional duties or obligations shall be inferred herefrom or implied hereby.
Provisions Concerning the Escrow Agent. Section 3.1.
Provisions Concerning the Escrow Agent. 4.1 Escrow Agent may resign and be discharged from their duties hereunder at any time by giving notice of such resignation to the Parties specifying a date when such resignation shall take effect. The Parties may jointly remove the Escrow Agent as escrow agent by giving notice of such removal to the Escrow Agent and specifying a date when such removal shall take effect. Upon such notice, the Parties shall appoint a successor escrow agent, such successor escrow agent to become escrow agent hereunder upon the resignation or removal date specified in the appropriate notice. Escrow Agent shall continue to serve until the successor accepts the escrow and receives the funds.
Provisions Concerning the Escrow Agent. 7.1 The duties of the Escrow Agent shall be as expressed herein and the Escrow Agent shall have no implied duties nor shall the permissive right or power to take any action be construed as a duty to take such action under any circumstances and it shall not be liable except in the event of its gross negligence or willful misconduct.
Provisions Concerning the Escrow Agent. 86 (a) The Escrow Agent shall be entitled to reasonable compensation for all services rendered and expenses incurred by it in the performance of its obligations hereunder. The Escrow Agent shall be entitled to employ such legal counsel and other experts as it may deem necessary to properly advise it in connection with its obligations hereunder, and may rely on the advice of such counsel, and may pay them reasonable compensation therefor. The Escrow Agent and such legal counsel's and other expert's fees and expenses shall be borne by PairGain.
Provisions Concerning the Escrow Agent. To induce the Escrow Agent to act hereunder, it is further agreed by UTC and UP Sub that:
Provisions Concerning the Escrow Agent. The following provisions will control the rights, duties, liabilities, privileges and immunities of the Escrow Agent:
Provisions Concerning the Escrow Agent. (a) The Escrow Agent shall be entitled to employ such legal counsel and other experts as it may deem necessary to advise it properly in connection with its obligations hereunder and may rely on the advice of such counsel, and may pay them reasonable compensation therefor. All fees and expenses of such legal counsel and other experts shall be borne one-half by the Shareholders and one-half by Computone.
Provisions Concerning the Escrow Agent. (a) The Escrow Agent shall be paid a fee for its services under this Agreement in the amount of $1,000 per year. The Escrow Agent shall also be entitled to reimbursement for expenses it incurs in the performance of its obligations under this Agreement. The Escrow Agent shall be entitled to employ such legal counsel and other experts as it may deem necessary to advise it in connection with the performance of its obligations under this Agreement and may rely on the advice of such legal counsel, and may pay them reasonable compensation therefor. All fees and expenses of the Escrow Agent and such legal counsel and other experts shall be shared equally by DGI and WBM.
Provisions Concerning the Escrow Agent. (a) The Indemnification Escrow Agent shall be entitled to reasonable compensation for all services rendered and expenses incurred by it in the performance of its obligations hereunder (on the basis of its regular fees as set forth on Exhibit A attached hereto). The Indemnification Escrow Agent shall be entitled to employ such legal counsel and other experts as it may deem necessary to properly advise it in connection with its obligations hereunder, and may rely on the advice of such counsel, and may pay them reasonable compensation therefor. The Indemnification Escrow Agent and such legal counsel's and other expert's fees and expenses shall be borne by Parent.
