Examples of Make Good Escrow Agreement in a sentence
In the event of any discrepancy between this Agreement and the Make Good Escrow Agreement, the terms of the Make Good Escrow Agreement shall apply to the extent of such discrepancy.
In the event the audited consolidated financial statements of the Company reflect $12,000,000 or more of After-Tax Net Income for the fiscal year ended June 30, 2006, no transfer of the 2006 Make Good Shares shall be required by Xxxxxx Xxx (through the Make Good Escrow Agent) to the Investors under this Section and such 2006 Make Good Shares shall be returned to Xxxxxx Xxx in accordance with the Make Good Escrow Agreement.
Any such transfer of the 2006 Make Good Shares under this Section shall be made to an Investor within 10 Business Days after the date which the 2006 audit report for the Company is filed with the Commission and otherwise in accordance with the Make Good Escrow Agreement.
The costs and fee of the Make Good Escrow Agreement shall be borne and paid by the Company.
Xxxxxx Xxx shall deliver, or cause to be delivered, (i) to the Make Good Escrow Agent a stock certificate evidencing 18,502,896 shares of the Company's Common Stock, along with a stock power executed in blank and (ii) to the Company, the Make Good Escrow Agreement, duly executed by Xx. Xxx.