Additional Shares Escrow Agreement Sample Contracts

ADDITIONAL SHARES ESCROW AGREEMENT
Additional Shares Escrow Agreement • December 27th, 2013 • Andina Acquisition Corp • Flat glass • New York

ADDITIONAL SHARES ESCROW AGREEMENT (“Agreement”) dated December 20, 2013 by and among Tecnoglass Inc. (formerly known as Andina Acquisition Corporation), an exempted company incorporated under the laws of the Cayman Islands (“Parent”), Jose Daes, acting as the representative of the recipients (the “Recipients”) of the Parent Ordinary Shares (the “Representative”), A. Lorne Weil and Martha L. Byorum, acting as the committee (the “Committee”) representing the interests of Parent, and Continental Stock Transfer & Trust Company, as escrow agent (the “Escrow Agent”). Capitalized terms used herein that are not otherwise defined herein shall have the meanings ascribed to them in the Merger Agreement (as defined below).

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