Delivery to Escrow Agent. You may tender your escrow securities to a person or company in a business combination pursuant to the terms of this Part 4. At least ten business days prior to the date the escrow securities must be tendered under the business combination, you must deliver to the Escrow Agent: (a) a written direction signed by you that directs the Escrow Agent to deliver to the depositary under the business combination any share certificates or other evidence of the escrow securities, and a completed and executed cover letter or similar document and, where required, transfer power of attorney completed and executed for transfer in accordance with the requirements of the Issuer or Big Flash's depository, and any other documentation specified or provided by you and required to be delivered to the depositary under the business combination; (b) written consent of the disinterested directors of Big Flash, unless the business combination consists of a statutory plan of arrangement in which case the consent of the disinterested directors shall not be required; and (c) any other information concerning the business combination as the Escrow Agent may reasonably require.
Appears in 2 contracts
Sources: Share Exchange Agreement (Big Flash Corp), Share Exchange Agreement (Big Flash Corp)