Common use of Establishment of Escrow Fund Clause in Contracts

Establishment of Escrow Fund. (a) On the Closing Date, the Acquiree Shareholders shall, pursuant to Section 2.2(a) of the Stock Purchase Agreement, deposit with the Escrow Agent the stock certificates evidencing the Escrow Shares endorsed in blank.

Appears in 1 contract

Samples: Escrow Agreement (RCM Technologies Inc)

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Establishment of Escrow Fund. (a) On the Closing Date, the Acquiree Shareholders Shareholder shall, pursuant to Section 2.2(a2.2(b) of the Stock Purchase Agreement, deposit with the Escrow Agent the stock certificates evidencing the Escrow Shares (which consist of 30 shares of Acquiree's Common Stock) endorsed in blank.

Appears in 1 contract

Samples: Escrow Agreement (RCM Technologies Inc)

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Establishment of Escrow Fund. (a) On the Closing Date, the Acquiree Shareholders Shareholder shall, pursuant to Section 2.2(a2.2(b) of the Stock Purchase Agreement, deposit with the Escrow Agent the stock certificates evidencing the Escrow Shares (which consist of 170 shares of Acquiree's Common Stock) endorsed in blank.

Appears in 1 contract

Samples: Escrow Agreement (RCM Technologies Inc)

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