EXHIBIT 10.4 ESCROW AGREEMENT ---------------- This Escrow Agreement (this "Agreement") is made as of December 31, 2002, by and between PW PREFERRED YIELD FUND II, L.P., a Delaware limited partnership (the "Partnership"), and PEMBROKE FINANCIAL...Escrow Agreement • December 31st, 2002 • Painewebber Preferred Yield Fund 2 Lp • Services-equipment rental & leasing, nec • California
WHEREAS, in furtherance thereof, the General Partners shall (i) apply and distribute all cash and proceeds in accordance with the provisions set forth in the Partnership Agreement; (ii) except for an allocation of reasonable estimates of cash amounts...Plan of Dissolution and Liquidation • December 31st, 2002 • Painewebber Preferred Yield Fund 2 Lp • Services-equipment rental & leasing, nec • California
