Common use of Escrow Shares Clause in Contracts

Escrow Shares. If Escrow Shares are deliverable to the Company in accordance with this Agreement, the Selling Shareholders covenant and agree to execute all such instruments of transfer (including stock powers and assignment documents) as are customarily executed to evidence and consummate the transfer of the Escrow Shares from the Selling Shareholders to the Company. Until such time as (if at all) the Escrow Shares are required to be delivered in accordance with this Agreement, any dividends payable in respect of the Escrow Shares and all voting rights applicable to the Escrow Shares shall be retained by the Selling Shareholder.

Appears in 2 contracts

Samples: Stock Exchange Agreement (Claridge Ventures, Inc.), Escrow Agreement (Indo Global Exchange(s) Pte, Ltd.)

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Escrow Shares. If Escrow Shares are deliverable to the Company in accordance with this Agreement, the Selling Shareholders covenant Shareholder covenants and agree agrees to execute all such instruments of transfer (including stock powers and assignment documents) as are customarily executed to evidence and consummate the transfer of the Escrow Shares from the Selling Shareholders Shareholder to the Company, to the extent not done so in accordance with Section 5. Until such time as (if at all) the Escrow Shares are required to be delivered in accordance with this Agreement, any dividends payable in respect of the Escrow Shares and all voting rights applicable to the Escrow Shares shall be retained by the Selling Shareholder.

Appears in 1 contract

Samples: Escrow Agreement (Marine Drive Mobile Corp.)

Escrow Shares. If Escrow Shares are deliverable to the Company in accordance with this Agreement, the Selling Shareholders Shareholder(s) covenant and agree to execute all such instruments of transfer (including stock powers and assignment documents) as are customarily executed to evidence and consummate the transfer of the Escrow Shares from the Selling Shareholders Shareholder(s) to the Company. Until such time as (if at all) the Escrow Shares are required to be delivered in accordance with this Agreement, any dividends payable in respect of the Escrow Shares and all voting rights applicable to the Escrow Shares shall be retained by the Selling Shareholder.

Appears in 1 contract

Samples: Escrow Agreement

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Escrow Shares. If Escrow Shares are deliverable to the Company in accordance with this Make Good Agreement, the Selling Shareholders covenant Shareholder covenants and agree agrees to execute all such instruments of transfer (including stock powers and assignment documents) as are customarily executed to evidence and consummate the transfer of the Escrow Shares from the Selling Shareholders Shareholder to the Company, to the extent not done so in accordance with Section 5. Until such time as (if at all) the Escrow Shares are required to be delivered in accordance with this Make Good Agreement, any dividends payable in respect of the Escrow Shares and all voting rights applicable to the Escrow Shares shall be retained by the Selling Shareholder.

Appears in 1 contract

Samples: Make Good Escrow Agreement (Stevia Corp)

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