Exhibit 99.1
ESCROW AGREEMENT
Firstar Bank, N.A. agrees to hold subscription funds for investors on record in
the office of Xxxxxxxx Advisors, Inc. in an escrow account. All of the proceeds
may be released upon receipt of a letter from Xxxxxxxx Advisors, Inc. stating:
1. Xxxxxxxx Advisors, Inc., has received subscriptions for at least
450,000 shares of common stock. (the "Minimum Offering").
If this event has not occurred by the close of business on December 31, 2001 (or
such subsequent date not later than January 31, 2002 as Xxxxxxxx Advisors, Inc.
specified to Firstar Bank, N.A. in writing prior thereto) all of the investor
funds will be returned by cashiers check payable to the individual investors as
reported by Xxxxxxxx Advisors, Inc., and delivered to Xxxxxxxx Advisors, Inc.
for delivery to the subscribers. Any interest earned on the funds will be
released to Xxxxxxxx Advisors, Inc., net any bank service charges.
Accepted _____ day of _____________, 2001
By:______________________________ By:_________________________________
Firstar Bank, X.X. Xxxxxxxx Advisors, Inc.
