Common use of Liquidation of Company Clause in Contracts

Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Registration Statement. - Signature page of the Company immediately follows - WITNESS the execution of this Agreement as of the date first above written. PRIME ACQUISITION CORP. By: Name: Title: - Signature page of Initial Shareholders immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. INITIAL SHAREHOLDERS: Yong Hxx Xx Dxxxx Xxxx-Hxxx Xxx THE SHODAN COMPANY Name: Title: Wxxxxxx Xxx-Xxxxx Yu PUWAY LTD. Name: Title: Jxxxxx Xxx Sxxxxx Xxx Oxxxxx Xx Jxxxx Xxx - Signature page of Escrow Agent immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. AMERICAN STOCK TRANSFER & TRUST COMPANY, as Escrow Agent By: Name: Title: Escrow Agreement SCHEDULE A First Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ ] Second Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ ]

Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Registration Statement. - Signature page of the Company immediately follows - WITNESS the execution of this Agreement as of the date first above written. PRIME ACQUISITION CORPCHINA GROWTH EQUITY INVESTMENT LTD. By: _________________________________________________ Name: Title: - Signature page of Initial Shareholders immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. INITIAL SHAREHOLDERS: Yong Hxx Xx Dxxxx Xxxx-Hxxx Xxx THE SHODAN COMPANY Name: Title: Wxxxxxx Xxx-Xxxxx Yu PUWAY LTD. Name: Title: Jxxxxx Xxx Sxxxxx Xxx Oxxxxx Xx Jxxxx Xxx ______________________________________ ______________________________________ - Signature page of Escrow Agent immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. AMERICAN STOCK TRANSFER & TRUST COMPANY, as Escrow Agent By: :________________________________ Name: Title: Escrow Agreement Title SCHEDULE A First Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ ] Second Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 EXHIBIT A Escrow Agent Fees Description Amount (1$) Fee for acting as Escrow Agent [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ ]

Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Registration Statement. - Signature page of the Company immediately follows - WITNESS the execution of this Agreement as of the date first above written. PRIME SPRING CREEK ACQUISITION CORP. By: Name: Title: Jxxxx Xxxxx-Jee Sha, Chief Executive Officer (Principal Executive Officer) - Signature page of Initial Shareholders immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. INITIAL SHAREHOLDERS: Yong Hxx Xx Dxxxx Xxxx-Hxxx Xxx THE SHODAN COMPANY Name: Title: Wxxxxxx Xxx-Xxxxx Yu PUWAY LTD. Name: Title: Jxxxxx Xxx Sxxxxx Xxx Oxxxxx Xx Jxxxx Xxx ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ ___________________________ - Signature page of Escrow Agent immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. AMERICAN STOCK TRANSFER & TRUST COMPANY, as Escrow Agent By: Name: Title: Escrow Agreement SCHEDULE A First Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ ] Second Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) EXHIBIT A Escrow Agent Fees [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ To be determined]

Liquidation of Company. The Company shall give the Escrow Agent written notification of the liquidation and dissolution of the Company in the event that the Company fails to consummate a Business Combination within the time period(s) specified in the Registration StatementProspectus. - Signature page of the Company immediately follows - WITNESS the execution of this Agreement as of the date first above written. PRIME SHINE MEDIA ACQUISITION CORP. By: Name: Title: Xxxxx X. Xxxx, Chief Executive Officer - Signature page of Initial Shareholders Stockholders immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. INITIAL SHAREHOLDERSSTOCKHOLDERS: Yong Hxx Xx Dxxxx Xxxx-Hxxx Xxxxx X. Xxxx Xxxxxxx X. Xxxx Xxxx Xxxxxxxx Xxxxxxx X. Xxxxx Xxxxxx X. Hersov Xxxx Xxxxx Xxxxxx Xxxxxxxxx Xxxxxx Xxxxx Xxxx Xxxxx Xxxx X. Xxx THE SHODAN COMPANY Name: Title: Wxxxxxx Xxx-Xxxxxxx Xxx Hoe Xxxxx Yu PUWAY LTD. Name: Title: Jxxxxx Xxx Sxxxxx Xxx Oxxxxx Xx Jxxxx Xxx - Signature page of Escrow Agent Trustee immediately follows - Escrow Agreement WITNESS the execution of this Agreement as of the date first above written. AMERICAN CONTINENTAL STOCK TRANSFER & TRUST COMPANY, as Escrow Agent COMPANY By: Name: Title: Escrow Agreement SCHEDULE A First Escrow Name and Address of Initial Shareholder Stockholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) Xxxxx X. Xxxx Xxxxxxx X. Xxxx AFG Trust Assets Ltd. Xxxx Xxxxxxxx Xxxxxxx X. Xxxxx Xxxxxx X. Hersov Xxxx Xxxxx Xxxxxx Xxxxxxxxx Xxxxxx Xxxxx Xxxx Xxxxx Xxxx X. Xxx Xxxxxxx Xxx Hoe Xxxxx Xxx EXHIBIT A Escrow Agent Fees [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ ] Second Escrow Name and Address of Initial Shareholder Number of Shares Stock Certificate Numbers Number of Warrants Date of Insider Letter Yong Hxx Xx 195,500 (1) [____] 97,750 (7) [_____ ] Dxxxx Xxxx-Hxxx Xxx 234,600 (2) [____] 117,300 (8) [_____ ] The Shodan Company 101,660 (3) [____] 50,830 (9) [_____ ] Wxxxxxx Xxx-Xxxxx Yu 101,660 (3) [____] 50,830 (9) [_____ ] Puway Ltd. 78,200 (4) [____] 39,100 (10) [_____ ] Jxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Sxxxxx Xxx 27,370 (5) [____] 13,685 (11) [_____ ] Oxxxxx Xx 7,820 (6) [____] 3,910 (12) [_____ ] Jxxxx Xxx 7,820 (6) [____] 3,910 (12) [_____ To be determined]