ESCROW AGREEMENTEscrow Agreement • November 8th, 2005 • Retalix LTD • Services-prepackaged software • Delaware
This Agreement (this “Agreement”) is made and entered into as of April 1, 2005 (the “Effective Time”) by and among RETALIX LTD., an Israeli corporation (“Parent”); RETALIX SCM, INC., a Delaware corporation and a wholly-owned subsidiary of Parent (“Buyer”); INTEGRATED DISTRIBUTION SOLUTIONS, L.L.C., a Nebraska limited liability company (“Seller”); and U.S. BANK NATIONAL ASSOCIATION, solely in its capacity as escrow agent of the Escrow Fund (as defined below) (in such capacity, the “Escrow Agent”). Parent, Buyer and Seller are each referred to herein as an “Interested Party” and are collectively referred to herein as the “Interested Parties.”
