Release from Escrow. 10.1 The Escrow Agent will hold the Escrow Documents in escrow until they are released from escrow as follows: (a) Subject to below sub-section (b), the Escrow Agent shall release the Escrow Documents to the Director in accordance with the following schedule: (i) 1/3 of the Escrow Documents (being 1 Share Certificate and 1 Stock Power) shall be released six (6) months after the date of this Agreement; (ii) 1 3 of the Escrow Documents (being 1 Share Certificate and 1 Stock Power) shall be released twelve (12) months after the date of this Agreement; and
Appears in 4 contracts
Samples: Director Services Agreement, Director's Agreement (Neurokine Pharmaceuticals Inc.), Director's Agreement (Neurokine Pharmaceuticals Inc.)
Release from Escrow. 10.1 The Escrow Agent will hold the Escrow Documents in escrow until they are released from escrow as follows:
(a) Subject to below sub-section (b), the Escrow Agent shall release the Escrow Documents to the Director Consultant in accordance with the following schedule:
(i) 1/3 of the Escrow Documents (being 1 Share Certificate and 1 Stock Power) shall be released six (6) months after the date of this Agreement;
(ii) 1 3 of the Escrow Documents (being 1 Share Certificate and 1 Stock Power) shall be released twelve (12) months after the date of this Agreement; and
Appears in 1 contract
Samples: Consulting Agreement (Neurokine Pharmaceuticals Inc.)
