RECITALS:Escrow Shares Escrow Agreement • December 20th, 2005 • Nanoscience Technologies Inc • Mining & quarrying of nonmetallic minerals (no fuels) • New York
ESCROW SHARES ESCROW AGREEMENTEscrow Shares Escrow Agreement • December 16th, 2005 • Xinhua China LTD • Wholesale-miscellaneous nondurable goods • New York
THIS ESCROW SHARES ESCROW AGREEMENT (the “Agreement”) is made and entered into as of November 23, 2005 (the “Effective Date”) by and among HIGHGATE HOUSE FUNDS, LTD. (“Highgate”), XINHUA CHINA LTD, a corporation organized and existing under the laws of the State of Nevada (the “Company”), and GOTTBETTER & PARTNERS, LLP, as escrow agent (“Escrow Agent”).
