Common use of New Escrow Agent Clause in Contracts

New Escrow Agent. The Director and the Company shall, before the Resignation Date, appoint another law firm or licensed trust company located in Vancouver, British Columbia to act as escrow agent. The Escrow Agent will cease to be bound by this Agreement on the Resignation Date, whether or not the Company and the Director have appointed a successor escrow agent prior to the Resignation Date.

Appears in 4 contracts

Samples: Director Services Agreement, Director's Agreement (Neurokine Pharmaceuticals Inc.), Director's Agreement (Neurokine Pharmaceuticals Inc.)

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New Escrow Agent. The Director Consultant and the Company shall, before the Resignation Date, appoint another law firm or licensed trust company located in Vancouver, British Columbia to act as escrow agent. The Escrow Agent will cease to be bound by this Agreement on the Resignation Date, whether or not the Company and the Director Consultant have appointed a successor escrow agent prior to the Resignation Date.

Appears in 1 contract

Samples: Consulting Agreement (Neurokine Pharmaceuticals Inc.)

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