ESCROW AGREEMENTEscrow Agreement • January 7th, 2009 • Security National Financial Corp • Finance services • Mississippi
THIS ESCROW AGREEMENT (the "Escrow Agreement") is made and entered into this 18th day of December, 2008, by and among SECURITY NATIONAL LIFE INSURANCE COMPANY, a Utah corporation ("Security National"), SOUTHERN SECURITY LIFE INSURANCE COMPANY, INC., a Mississippi corporation ("Southern Security"), the SHAREHOLDERS OF SOUTHERN SECURITY LIFE INSURANCE COMPANY, INC. that have executed the Agreement by Shareholders of Southern Security Life Insurance Company to Sell Shares in Stock Purchase Transaction (the "Shareholders"), and MACKEY PRICE THOMPSON & OSTLER, a Utah professional corporation (the "Escrow Agent") (each of the foregoing parties is referred to singly, as a "Party" and collectively, as the "Parties"). Capitalized terms appearing in the Escrow Agreement but not otherwise defined herein shall have the same meanings assigned to them in the Stock Purchase Agreement.
