Escrow Agreement for Share Options

Escrow Amount

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Description:

Escrow agreement for Share Options where escrow amount is held in an escrow arrangement for a period of time and is paid to the Seller upon notification by the Buyer.

By a share option agreement, the Seller grants to the Buyer a call option and are required to execute and/or deliver certain documents to the Escrow Agent.

The Seller and the Buyer have agreed to appoint the Escrow Agent to hold the Escrow Amount and the Escrow Agent agrees to such appointment on the terms and subject to the conditions of this Agreement.

The Escrow Agent confirms that it is holding the Escrow Amount on behalf of the Seller and the Buyer on the terms and subject to the conditions of this Agreement.

The Buyer shall deposit the following Escrow Amount and the Escrow Account shall be paid by the Buyer to the Seller or its nominees from the date of this Agreement.

 

How to use this Document? 

 

This Agreement should be carefully read by the Buyer, Seller and Escrow Agent.

This Agreement should be signed by the authorised signatory.

 

How to Tailor the Document for Your Need?

 

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  4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

Document Type:

Deed /poa / authorisation / agency / escrow

Category:

Business > Corporate > Authorised Capital / Issue of Shares / Allotment Letter

 
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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.