March 1, 2009Escrow Agreement • March 23rd, 2009 • Emax Holdings Corp • Blank checks
Below you will find a letter which we sent to you on October 12, 2008, and which stated the importance to finish closing the purchase contract between our companies and which included the payment of several corporate liabilities listed on Schedule A. At this time, and after six months , the liabilities still have not been met by you or the company, and thus the contract has not finished closing escrow due to these matters. At this time we have no choice but to terminate the contract agreement based on the following terms:
