Common use of Escrow of Stock Clause in Contracts

Escrow of Stock. Purchaser agrees at the Closing hereunder, to --------------- deliver to and deposit with the Escrow Agent named in the Escrow Agreement of even date and delivered herewith, the certificate or certificates evidencing the Stock and the duly executed Assignments. Such documents are to be held by the Escrow Agent until delivered pursuant to the terms of such Escrow Agreement. Shares of the Stock which are subject to the Purchase Option shall not be transferable by the Purchaser.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Ticketmaster Online Citysearch Inc), Restricted Stock Purchase Agreement (Ticketmaster Online Citysearch Inc), Restricted Stock Purchase Agreement (Ticketmaster Online Citysearch Inc)

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Escrow of Stock. Purchaser agrees at the Closing hereunder, to --------------- deliver to and deposit with the Escrow Agent named in the Escrow Agreement of even date and delivered herewith, the certificate or certificates evidencing the Stock and the duly executed Assignments. Such documents are to be held by the Escrow Agent until delivered pursuant to the terms of such Escrow Agreement. Shares of the Stock which are subject to the Purchase Option shall not be transferable by the Purchaser.

Appears in 2 contracts

Samples: Security Agreement (Heska Corp), Security Agreement (Heska Corp)

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