Commencement of Duties. Parent, concurrently with the execution and delivery of this Agreement and pursuant to Section 3.2 of the Merger Agreement, is transferring to the Depository Agent the Escrow Fund consisting entirely of the Escrowed Shares. Upon receipt of the Escrowed Shares by the Depository Agent, the duties and obligations of each of the parties to this Agreement will commence.
Appears in 3 contracts
Sources: Merger Agreement (Omniture, Inc.), Merger Agreement (Websidestory Inc), Escrow Agreement (Websidestory Inc)