Common use of Dealing With Escrow Securities Clause in Contracts

Dealing With Escrow Securities. 11 4.1 Restriction on Transfer, etc. 11 4.2 Pledge, Mortgage or Charge as Collateral for a Loan 11 4.3 Voting of Escrow Securities 11 4.4 Dividends on Escrow Securities 11 4.5 Exercise of Other Rights Attaching to Escrow Securities 11 PART 5 PERMITTED TRANSFERS WITHIN ESCROW 11 5.1 Transfer to Directors and Senior Officers 11 5.2 Transfer to Other Principals 12 5.3 Transfer upon Bankruptcy 13 5.4 Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities 13 5.5 Transfer to Certain Plans and Funds 13 5.6 Effect of Transfer Within Escrow 14 PART 6 BUSINESS COMBINATIONS 14 6.1 Business Combinations 14 6.2 Delivery to Escrow Agent 14 6.3 Delivery to Depositary 15 6.4 Release of Escrow Securities to Depositary 15 6.5 Escrow of New Securities 15 6.6 Release from Escrow of New Securities 15 PART 7 RESIGNATION OF ESCROW AGENT 16 7.1 Resignation of Escrow Agent 16 PART 8 OTHER CONTRACTUAL ARRANGEMENTS 17 8.1 Escrow Agent Not a Trustee 17 8.2 Escrow Agent Not Responsible for Genuineness 17 8.3 Escrow Agent Not Responsible for Furnished Information 17 8.4 Escrow Agent Not Responsible after Release 17 8.5 Indemnification of Escrow Agent 17 8.6 Additional Provisions 17 8.7 Limitation of Liability of Escrow Agent 18 8.8 Remuneration of Escrow Agent 18 8.9 Notice to Escrow Agent 18 PART 9 NOTICES 19 9.1 Notice to Escrow Agent 19 9.2 Notice to Issuer 19 9.3 Deliveries to Securityholders 19 9.4 Change of Address 19 9.5 Postal Interruption 19 PART 10 GENERAL 20 10.1 Interpretation - "holding securities" 20 10.2 Further Assurances 20 10.3 Time 20 10.5 Governing Laws 20 10.6 Consent of Exchange to Amendment 20 10.7 Counterparts 20 10.8 Singular and Plural 20 10.9 Language 20 10.10 Benefit and Binding Effect 20 10.11 Entire Agreement 21 10.12 Successor to Escrow Agent 21 10.13 Independent Legal Advice 21 AMONG: TOWER ONE WIRELESS CORP. (formerly, Pacific Therapeutics Ltd.), a company duly incorporated under the laws of British Columbia, having its registered and records office at Suite ▇▇▇, ▇▇▇ ▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇▇ ▇▇. V6Z 2E6 Burrard Street, Vancouver, B.C. V6C 3B9 AND: EACH OF THE UNDERSIGNED SECURITYHOLDERS OF THE ISSUER IN SCHEDULES “A” and “B” ATTACHED HERETO

Dealing With Escrow Securities. 11 3 4.1 Restriction on Transfer, etc. 11 3 4.2 Pledge, Mortgage or Charge as Collateral for a Loan 11 3 4.3 Voting of Escrow Securities 11 3 4.4 Dividends on Escrow Securities 11 3 4.5 Exercise of Other Rights Attaching to Escrow Securities 11 PART 5 PERMITTED TRANSFERS WITHIN ESCROW 11 3 5.1 Transfer to Directors and Senior Officers 11 3 5.2 Transfer to Other Principals 12 4 5.3 Transfer upon Bankruptcy 13 5 5.4 Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities 13 5 5.5 Transfer to Certain Plans and Funds 13 5 5.6 Effect of Transfer Within Escrow 14 PART 6 BUSINESS COMBINATIONS 14 6.1 Business Combinations 14 6 6.2 Delivery to Escrow Agent 14 6 6.3 Delivery to Depositary 15 7 6.4 Release of Escrow Securities to Depositary 15 7 6.5 Escrow of New Securities 15 7 6.6 Release from Escrow of New Securities 15 PART 7 RESIGNATION OF ESCROW AGENT 16 7.1 Resignation of Escrow Agent 16 PART 8 OTHER CONTRACTUAL ARRANGEMENTS 17 8.1 Escrow Agent Not a Trustee 17 9 8.2 Escrow Agent Not Responsible for Genuineness 17 9 8.3 Escrow Agent Not Responsible for Furnished Information 17 9 8.4 Escrow Agent Not Responsible after Release 17 9 8.5 Indemnification of Escrow Agent 17 9 8.6 Additional Provisions 17 9 8.7 Limitation of Liability of Escrow Agent 18 10 8.8 Remuneration of Escrow Agent 18 10 8.9 Notice to Escrow Agent 18 PART 9 NOTICES 1910 9.1 Notice to Escrow Agent 19 11 9.2 Notice to Issuer 19 11 9.3 Deliveries to Securityholders 19 11 9.4 Change of Address 19 11 9.5 Postal Interruption 19 PART 10 GENERAL 20 11 10.1 Interpretation - "“holding securities" 20 ” 12 10.2 Further Assurances 20 12 10.3 Time 20 12 10.5 Governing Laws 20 12 10.6 Consent of Exchange to Amendment 20 12 10.7 Counterparts 20 12 10.8 Singular and Plural 20 12 10.9 Language 20 12 10.10 Benefit and Binding Effect 20 12 10.11 Entire Agreement 21 12 10.12 Successor to Escrow Agent 21 10.13 Independent Legal Advice 21 12 SCHEDULE “A” – Securityholders SCHEDULE “B” – Acknowledgment and Agreement to be Bound AMONG: TOWER ONE WIRELESS CORP. (formerly, Pacific Therapeutics H-Source Holdings Ltd.), a company duly incorporated under the laws of British Columbia, having its registered and records office at Suite ▇▇▇1500, ▇▇▇ ▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇▇▇▇▇ ▇▇. V6Z 2E6 Burrard 1055 West Georgia Street, Vancouver, B.C. V6C 3B9 AND: EACH OF THE UNDERSIGNED SECURITYHOLDERS OF THE ISSUER IN SCHEDULES “A” and “B” ATTACHED HERETOBritish Columbia, Canada, V6E 4N7 (the "Issuer" or "H-Source") (the "Escrow Agent") (a "Securityholder" or "you") (collectively, the "Parties")