Common use of Escrow Amount; Escrow Agent Clause in Contracts

Escrow Amount; Escrow Agent. The "Escrow Amount" shall be --------------------------- ------------- equal to Fifty Percent (50%) of the number of shares of Parent Common Stock constituting the Original Purchase Price. The Escrow Agent shall be the secretary of the Parent, or his designee, so long as the Parent is a privately held company. Thereafter, any transfer agent for the Parent's Common Stock may be appointed Escrow Agent.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp), Merger Agreement (Usweb Corp)

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Escrow Amount; Escrow Agent. The "Escrow Amount" shall be --------------------------- ------------- equal to Fifty Percent (50%) of the number of shares of Parent Common Stock constituting the Original Purchase Price. The Escrow Agent shall be the secretary of the Parent, or his designee, so long as the Parent is a privately held company. Thereafter, any transfer agent for the Parent's Common Stock may be appointed Escrow Agent.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp)

Escrow Amount; Escrow Agent. The "Escrow Amount" shall be --------------------------- ------------- equal to Fifty Percent (50%) of the number of shares of Parent Common Stock constituting the Original Purchase Price. The "Escrow Agent Agent" shall be the ------------ secretary of the Parent, or his designee, so long as the Parent is a privately held company. Thereafter, any transfer agent for the Parent's Common Stock may be appointed Escrow Agent.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp), Agreement and Plan of Reorganization (Usweb Corp)

Escrow Amount; Escrow Agent. The "Escrow Amount" shall be --------------------------- ------------- equal to Fifty Percent forty-five percent (5045%) of the number of shares of Parent Common Stock constituting the Original Purchase Price. The "Escrow Agent Agent" shall be the ------------ secretary of the Parent, or his designee, so long as the Parent is a privately held company. Thereafter, any transfer agent for the Parent's Common Stock may be appointed Escrow Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Usweb Corp)

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Escrow Amount; Escrow Agent. The "Escrow Amount" shall be --------------------------- ------------- be equal to Fifty Percent (50%) of the number of shares of Parent Common Stock constituting the Original Purchase Price. The "Escrow Agent Agent" shall be the ------------ secretary of the Parent, or his designee, so long as the Parent is a privately held company. Thereafter, any transfer agent for the Parent's Common Stock may be appointed Escrow Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Usweb Corp)

Escrow Amount; Escrow Agent. The "Escrow Amount" shall be --------------------------- ------------- equal to Fifty Percent (50%) of the number of shares of Parent Common Stock constituting the Original Purchase Price. The Escrow Agent shall be the secretary of the Parent, or his designee, so long as the Parent is a privately held company. Thereafter, any transfer agent for the Parent's Common Stock may shall be appointed Escrow Agent.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Usweb Corp)

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