Escrow Agreement For Shares

This Escrow Agreement for Shares is between an owner of certain shares and an escrow agent who agrees to hold these shares in escrow. This agreement sets out the specifics of the arrangement including its term, how the shares will be transferred to the agent and any obligations the shareholder agrees to undertake. It also sets forth the voting power of the escrowed shares and indemnification of the escrow agent. A written Escrow Agreement for Shares will prove useful in the event there are disagreements or misunderstandings about the location of issued shares and their voting powers. (continued ...)